Lau Han Ching
how to you put a price for a software write by yourself do you think USD20.00 is too expensive
Re: Show and Tell software "price"?
Deepraj Majumdar
It completly depend on the software you develop.If you develop a large software then the price must be heigh.If software manufacturing cost is high then the price will be heigh.
It completly depend on the software you develop.If you develop a large software then the price must be heigh.If software manufacturing cost is high then the price will be heigh.
Re: Show and Tell software "price"?
Biche
Think about how much you spend time on it and how much copies do you expect to sell. This is an hard question, too many things to think when putting a price on a software. The best is to check competitor price and also their features they have, customers will look at both and will decide which is the best for the price. I won't buy a expensive software if a cheaper one do better, and if they have more support!!
Re: Show and Tell software "price"?
Andreas Johansson
I would say it mostly depends on what your software actually does, its competitors and the audience it targets.
For instance if you target home users it would general be better to be priced $20 than $200, though if you want to sell to companies they might rather favor software price $200 than $20 as higher price just seems better. If you can ask $200 for some software it must be good.
Re: Show and Tell software "price"?
SpartanNZ
Yes, I think it is determined by the quality of the software in terms of what it does and to some extent the amount of work that has gone into it, naturally if a lot of time has gone into a piece of software it must be quite complex(assumption) therefore it should be priced accordingly.
Re: Show and Tell software "price"?
Lau Han Ching
how do you define the "quality of the software"
how do you define the "quality of the software"
Re: Show and Tell software "price"?
SpartanNZ
I would say that "Quality" of the software maybe determined by several factors, for example; efficiency of the program in terms of resource usage, how user friendly it is, how well the software is documented, how effective is the software on the functions it performs and the features it has and also how well is it supported in terms of customer service, updates etc.
Another factor that could affect the price of such software could be demand, is there a lot of demand for this type of software If the market is flooded with similar software with similar functions and features, the price you will have to set on it will be dependent on the relative price of the various other products of similar function in the market (at least if you wish to make sales
), its either that or your software does things that no other product on the market can do at the moment and therefore you are able to set the price higher relative to other products in the market.
So in my opinion these are some of the things one should keep in mind when setting a price for their software.
Hope that helps
Re: Show and Tell software "price"?
Stephen Gentle
Distribute it as open source. If people like it enough, they will donate to the project.
Distribute it as open source. If people like it enough, they will donate to the project.
Re: Show and Tell software "price"?
Squire James
Come on! This is the world of Microsoft. Make a product, sell product like hotcakes, Microsoft buys you out, and you go your merry way! Geez, some people just don't know how the world operates...
Come on! This is the world of Microsoft. Make a product, sell product like hotcakes, Microsoft buys you out, and you go your merry way! Geez, some people just don't know how the world operates...
Re: Show and Tell software "price"?
Sumit_Dagar_8eba6d
READ THIS CAREFULLY:
Although it seems very logical to price one's software (or for that matter any product) on the basis of time effort spent on the particular software's production and testing, but don't be tempted by such a method.
As economic theory says COST and PRICE are completely independent of each other.
Reason is simple, say one prepares a software which took X months of time "effort" and the price was calculated on the basis of this. The price derived is Y $.
Now consider these situations:
Scene one: market has supplementary products which are priced at say Z $ on an average.Only way to earn maximum revenue is by keeping your product priced close to Z $ only (since it can be supplemented easily).
Now, if Y < Z you make profit and if Y > Z you make loss. Its your problem to keep Y < Z, through better talented employees or whatever.
Hence, to make most revenue (whether that results in loss or profit) your Z what market decides (independent of Y).
Scene two: You have built a unique product and the market has no supplementary products, then you sell it at Z $ where Z>>Y. That is, Z is in no relation to Y.
It is just the market dynamics and your product utility and uniqueness that prices it. The price is in no relation to cost.
Obviously if product is specially made for single use only by some organization than it can be priced on the basis of effort taken. For mass productivity, effort has no consideration in pricing. If you built your software efficiently than you earn more than your competitors but at same market price!
regards
Sumit Dagar
READ THIS CAREFULLY:
Although it seems very logical to price one's software (or for that matter any product) on the basis of time effort spent on the particular software's production and testing, but don't be tempted by such a method.
As economic theory says COST and PRICE are completely independent of each other.
Reason is simple, say one prepares a software which took X months of time "effort" and the price was calculated on the basis of this. The price derived is Y $.
Now consider these situations:
Scene one: market has supplementary products which are priced at say Z $ on an average.Only way to earn maximum revenue is by keeping your product priced close to Z $ only (since it can be supplemented easily).
Now, if Y < Z you make profit and if Y > Z you make loss. Its your problem to keep Y < Z, through better talented employees or whatever.
Hence, to make most revenue (whether that results in loss or profit) your Z what market decides (independent of Y).
Scene two: You have built a unique product and the market has no supplementary products, then you sell it at Z $ where Z>>Y. That is, Z is in no relation to Y.
It is just the market dynamics and your product utility and uniqueness that prices it. The price is in no relation to cost.
Obviously if product is specially made for single use only by some organization than it can be priced on the basis of effort taken. For mass productivity, effort has no consideration in pricing. If you built your software efficiently than you earn more than your competitors but at same market price!
regards
Sumit Dagar
Re: Show and Tell software "price"?
SJWhiteley
Price is what it's worth, regardless of any other factors.
(remember, an umberella in a rainstorm is worth more than on a sunny day...likewise it's worth less to a guy in a raincoat and hat, and worth more to a woman who just had her hair permed...).
Re: Show and Tell software "price"?
Sumit_Dagar_8eba6d
eh..
very poetic (
=>
=>
) and very true SJWhiteley...
baseline in business is PROFIT (Y)
SJWhiteley wrote:
Price is what it's worth, regardless of any other factors.
(remember, an umberella in a rainstorm is worth more than on a sunny day...likewise it's worth less to a guy in a raincoat and hat, and worth more to a woman who just had her hair permed...).
eh..
very poetic (
=>=> ) and very true SJWhiteley...baseline in business is PROFIT (Y)
Re: Show and Tell software "price"?
Mark The Archer Evans
Also worth considering why you are making the product, are you doing this purely to make money or also for the 'prestige' of having your software used by lots of people.
At the end of the day you dont want to price yourself out of the market so start thinking now of how you could generate more revenue from selling additions/newer versions of your software so your price is not just a one off.
It is better to sell your software for ¡ê40 once or ¡ê10 many times (say a new release per year)
If your customers are happy with your software, and your 'upgrades' are not too expensive, people will upgrade to your latest version and lets face it, once you have a stable app out there, making add on's take only 10% of the effort it took to build the first release so thats when you can really start to make money!