Satchel

Guides to the best SaaS tools

4 followers

Guides to the best SaaS tools

4 followers

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Online learning

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Startup communities

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Business intelligence software

A lot of startup tools do similar things. Satchel gives you the info you need to make a more informed decision on which one to use. It's like The Wirecutter / Consumer Reports for SaaS.

Launch tags:Productivity•Marketing•Developer Tools

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Polymer

Satchel is great, I have enjoyed the handbook since seeing it launch on Hacker News a week or so ago. I highly recommend reading through the Analytics guide even if you already have an existing solution in place. Very well done. Question for @awchen regarding revenue model: "we think there are ways we can increase the efficiency of the SaaS procurement/purchasing process, and intend to monetize there based on value-add" Without a paywall in place do you view this as an opportunity to explore productized consulting or is there another approach here for paid premium content?

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6yr ago

Satchel

Maker

@gertig Thanks for the kind words 🙃 The big priority for us is to prove that we can provide sufficient value through objective info, and in helping people figure out which tools to invest in. There are a lot of different approaches we can take w.r.t. monetization. In general though, it's not as big of a priority as ensuring that we're making something useful. We subscribe to the pg way of thinking about this: http://paulgraham.com/good.html.

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6yr ago

Satchel

Maker

Hey PH! I'm Andrew, one of the makers of Satchel. (https://satchel.com). We write SaaS buying guides. We vigorously test products in different SaaS categories, write reports about our findings, and then try to identify the best product for a typical early-stage startup. Along the way, we uncover and share info that should be obvious (but isn't), and point out any caveats and pitfalls you might encounter. We're like The Wirecutter / Consumer Reports for SaaS, minus the affiliate links / paywall (more on this later). There's a real information problem in B2B software. Without prior experience, it's hard to know how to evaluate a product, figure out what differentiates it, learn all relevant background, and compare against alternatives. Many times, it's difficult even to decipher what exactly a product does. As a buyer, you're often in the position of having to make a high-quality decision on something you're far from being an expert on. If you're anything like me, you often don't even know what you don't know. There are plenty of crowd-sourced review sites out there, but they usually all end up filled with 5-star reviews that boil down to "I used X [and only X] and it was good." There is also an abundance of startup tool lists and directories, yet the problem is less about seeing what tools are out there and more about figuring out which one to use. We're taking a different path, one that others have tended to avoid. We do hands-on testing and write in-depth long-form for each category of tools (with plenty of summaries to make it useful even when skimming), which can't be replaced with code (even though we, as engineers, sincerely wish that weren't the case). We're not reliant on vendors, so we can say what we actually think about a product, both upsides and downsides, instead of being pressured to normalize everything we say around "pretty good." I see us as fundamentally helping you do something akin to time/information arbitrage. If lots of startups are each spending, say, ten hours doing the exact same research and testing, why doesn't someone spend 100 hours doing that research and then freely distribute the results? Everyone would save time yet get higher quality information. Right now, we have three longform guides geared towards startups just starting out: store of money (https://satchel.com/store-of-money), incorporation service (https://satchel.com/incorporation), and web analytics (https://satchel.com/web-analytics). We have preliminary results (but not full writeups) for a lot more categories at https://satchel.com/handbook. We don't expect to support ourselves financially in the same way as The Wirecutter (affiliate program) or Consumer Reports (paywall). Affiliate programs are mostly conflict-of-interest-free when rates are standardized across products (e.g. via Amazon for consumer goods), but are a lot harder to execute properly in a fragmented market like B2B software's. I'm also personally opposed to paywalling our work (I spent a lot of my formative years as a bio researcher, and I'd sincerely claim that open-access was a saving grace). Instead, we think there are ways we can increase the efficiency of the SaaS procurement/purchasing process, and intend to monetize there based on value-add. We would love to hear your feedback and your experiences with B2B software. I'm personally excited to be sharing this with the Product Hunt community, and I'll be here to answer any and all questions you want to throw my way!

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6yr ago

Letterdrop Site Search

Really high quality write-ups. This is super helpful!! How do you actually test the software? Some of these tools can only be used at a certain scale or in particular industries

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6yr ago

Satchel

Maker

Cheers, thanks @parthi_logan! We test by actually going and using the software ourselves under burner accounts to get the full experience. We then interview a lot of other users (e.g. for incorporation, we talked to 50+ other founders) to see if we've missed anything. Then we synthesize all of the info into these articles. Right now our articles are focused entirely on early-stage tools, and our testing is geared around that perspective. But we've seen a lot of pull for later-stage topics like ETL, and we're diving into those right now 🙂

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6yr ago

Yes! Finally, genuinely independent assessments based on sound analysis and not just another "top 5 X for Y" content marketing blog post. Super useful. Keep it coming! Would be great to discuss your monetization thoughts as we're working on a payment platform designed for high-quality content providers such as you guys that maybe might be of interest?

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6yr ago

Satchel

Maker

Thanks @fozter! I commented on monetization in a couple of other places, but in general we're keeping our eyes focused on product + distribution for now. Happy to give you feedback though!

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6yr ago

@awchen Thanks! I'll follow you and be in touch soon.

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6yr ago

@awchen Congratulations on the launch. I loved the high quality content! Really appreciate your efforts in putting this together. I'm curious to know, if not affiliate or paywall or sponsored reviews; how are you thinking of monetizing this?

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6yr ago

Satchel

Maker

@piyush_dinde Thanks! I talked about monetization in a couple of other comments, but to summarize: we aren't too worried about monetization right now because we know that there are a lot of approaches we can take. Right now, we're singularly focused on making sure that we can be there and be useful when people need to make tooling decisions. In other words, monetization won't matter if we can't consistently deliver value. Thanks for the question!

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6yr ago

I wish I read your guides before committing to all the bank and analytics platforms that are now a little late to reverse.

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6yr ago

Quo (formerly OpenPhone)

@gilbert_leung2 100% my feeling too!

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6yr ago

@gilbert_leung2 @darynakulya exactly

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6yr ago

Love the philosophy of just rolling up ur sleeves and doing the work once for everyone. I’ve spent a lot of time thinking about this stuff (and have a reviews website and even so agree with a lot of your points, also have some counter arguments around value of crowd sourced content that might not be as obvious). Would love to connect to learn more and bounce some ideas around if it’s of interest @andrewchen

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6yr ago

Satchel

Maker

@mwtbrowser Always happy to hear about more perspectives. Shoot me an email at andrew@satchel.com, and I'll keep an eye out

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6yr ago

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