hermesalpha
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How can I best predict the potential return of launching a new software for sell?
How can I best predict the potential return of launching a new software for sell? I'm about to enter in a "joint-venture" with a software company: They have already sold their software for a time and now they are interested to incorporate some of my ideas, which would require them to change their software substantially. So before they want to begin with this whole project, they would like to see some proof of that they will get more money back than invested to develop my idea.
How can I best do that? Isn't it just for me to, as detailed as possible and as realistic as possible, explain the whole concept and that because of X quality of this developed product there are many users who would like to purchase it?
How can I best do that? Isn't it just for me to, as detailed as possible and as realistic as possible, explain the whole concept and that because of X quality of this developed product there are many users who would like to purchase it?
If the existing product is in stand alone product , you may think to develop web application. which can be used anywhere without installing client and centrally managed. Think about enduser benefit and easy to access. Also consider cloud based development, everything(ie.SW,HW,Storag e,NW,Secur ity) comes as Service.
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Thanks sravi2208 and cityqat, your answers clarified some things for me. Just wonder what would be a fiasco (the minimum) I could expect to sell of my product and the maximum number of products I could expect to be able to sell during the first 6 months? If my product will be priced at USD 50.
For example, it's a language product that I am certain I will be able to reach out to exactly the right potential buyers, so I'm confident that the marketing will succeed (the potential buyers who are most likely to buy this product will also get to know this product's existence, where to buy it).
Are we talking about 1,000 products the first 6 months? Or would it be possible to sell 10,000 products the first 6 months if I succeed with the marketing to 100 %?
For example, it's a language product that I am certain I will be able to reach out to exactly the right potential buyers, so I'm confident that the marketing will succeed (the potential buyers who are most likely to buy this product will also get to know this product's existence, where to buy it).
Are we talking about 1,000 products the first 6 months? Or would it be possible to sell 10,000 products the first 6 months if I succeed with the marketing to 100 %?
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