FAQs About Widgetx
This project is for those who are truly interested in joining with time, money, and full dedication. If you're just curious, you can find all the details in the FAQs below. Please only reach out if you have questions that aren’t already answered in the FAQs—this will save valuable time for both parties. Thank you for understanding.
Widgetx is a SaaS-based platform currently under development, designed to enhance website engagement, sales, and trust through a range of customizable widgets and tools.
Mohit is an tech enthusiast, and a dedicated learner and executor.Learn More, & Connect over Linkedin.
Widgetx is still under development. We are actively working on building and refining the platform.
Widgetx will offer a variety of widgets including G-AI Chatbot, notifications, top/bottom bars, offers, popups, floating buttons, social proofs, coupons, live counters, and more.
Widgetx’s USP lies in its ease of integration, affordability, extensive customization options, and the unique generative AI chatbot feature that adapts to any website’s content.
Widgetx is designed for simplicity, allowing website owners to install widgets on their sites within just 3 clicks and 2 lines of code.
Yes, Widgetx will be compatible with any CMS, website, or platform.
We are seeking a co-founder who can commit at least 15-20 hours per week, has experience in SaaS or related fields, and ideally can contribute financially to accelerate development. Additionally, leveraging industry connections to secure early adopters and partnerships is crucial. Read this post for more info Linkedin Post
The development and scaling of Widgetx require a dedicated partner with complementary skills in product development, marketing, and strategic planning.
The purpose of bringing on a co-founder is to find someone who can complement the existing strengths of the project with a focus on business development, growth, and sales.
The platform is nearly ready, but to truly scale and gain early traction, we need someone who can (any of these skills):
- Drive Business Development & Sales
- Team Builing
- Achieve Early Traction
- Financial Contribution
We’ve laid a solid foundation, done with market survey with 300-400 SMEs and now I’m looking for a partner who can help take Widgetx to the next level. If you’re passionate about this space and ready to contribute both financially and strategically, I’d love to discuss further.
To become a partner in Widgetx, we’re looking for a minimum investment of around $30-50k.
This amount will be used primarily for marketing efforts and training the AI features of the platform, which are essential for driving user acquisition and scaling the business. Your investment will play a crucial role in helping us achieve early traction and market success.
In addition to the financial contribution, we’re also looking for a partner who can bring expertise in business development and sales to the table.
The investment is crucial for a couple of reasons:
- Resource Allocation: I've already put all my savings into the development of Widgetx. As someone who owns two other startups, I can’t infuse more capital at this stage. The funds are needed to focus on critical areas like marketing and the training of our AI features, which are essential for scaling and driving user acquisition.
- Commitment & Passion: In my experience, true commitment comes when there’s a financial stake involved. If someone joins as a co-founder, I want to ensure they are as passionate and invested in the success of Widgetx as I am. Having skin in the game ensures that we’re both equally driven to make this project succeed.
Yes, we conducted a market survey with 370-400 people, including small to medium-sized businesses, to validate the concept and gauge interest in the platform.
Check our survey HERE.
While we don't have an exact release date yet, we are working diligently to bring Widgetx to market as soon as possible.
The generative AI chatbot in Widgetx can be trained by website owners in just 2 clicks by either adding their website URL or uploading documents/PDFs. This allows the AI to provide contextually appropriate responses based on the specific content of the site.
The TAM & SAM for Widgetx is extensive, encompassing every website owner across various industries, particularly those using CMS/Custom Website. This includes e-commerce businesses, digital marketing agencies, SaaS providers, and more, who need tools to enhance user engagement, sales, and trust.
The targeted market includes SMBs, particularly those in e-commerce, SaaS, web development, and digital marketing. These businesses typically need tools to enhance website interactions, improve user experience, and increase conversions, which Widgetx addresses effectively.
The global market for chatbots and user engagement tools is rapidly expanding, with the chatbot market alone expected to reach over USD 5 billion by 2023. The market size for Widgetx, which targets multiple website engagement tools, could be significantly larger as it addresses a broader need for integrated solutions. SOURCE
One challenge is educating the market on the value of an integrated widget solution like Widgetx compared to using multiple plugins. Another is the cost of acquiring customers in a competitive space, which requires effective marketing strategies and value-driven pricing.
The strategy involves launching Widgetx with a 15-30 day free trial, offering integration assistance, and embedding branding within the widgets to drive organic growth. Early adoption will be encouraged through partnerships and direct outreach, leveraging existing networks from Liveupx.
Market penetration will be measured through the number of active users, trial conversions, and the spread of Widgetx across websites through branded widgets. Tracking referral rates from existing users and monitoring organic growth will also provide insights into market penetration.
Our positioning is centered on empowering businesses to effortlessly boost engagement, sales, and trust, all within a single platform.
The initial strategy is to launch Widgetx without the generative AI feature due to the significant investment and effort required for its development. However, since one of our companies specializes in software development and marketing, we already have initial clients eager to integrate Widgetx.
We’ve conducted surveys and found a strong readiness to adopt Widgetx. The market is eager for a solution that can streamline engagement, sales, and trust-building processes.
We’re considering offering 15-30 days free trials and integration assistance to our early clients. This approach aims to encourage adoption and showcase the value of Widgetx.
By embedding our branding in the widgets, we expect to gain traction as others see Widgetx in action on various platforms, similar to the viral spread of Tawk chatbots.
Before hopping on a call, I’d love to know how potential collaborators see themselves joining the project and what value they would bring to the table. This will help us focus our discussion effectively.
Email at ceo [@] liveupx.com (Subject should be "Intersted in Widgetx").