Sorry to be a dick, but 60 pounds? You're effectively paying 60 pounds just for 2 gb of storage because you can burn feeds for podcasts for free on other sites like FeedBurner...

And you can upload your podcast recordings for free to archive.org and then have an entire service free of charge.

What do the 60 pounds go towards?

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Originally posted by nefardec Sorry to be a dick, but 60 pounds?

Yeah dude, that's a bit much. I knew nothing about podcasts before I made mine, but I had it up and running in a few hours. I'm sure folks would like to save that time and effort, but that's a steep price.

Consider this, would you rather sell one copy at 60 pounds or 10 copies at 10 pounds? Since the software is already made, you have no incremental cost with selling each copy so every sale is pure income. You should shoot for quanitity more than price b/c quantity gets your software knows and generates more sales.

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Temporarily retired from the world of DJing.

quote:

Originally posted by nefardec Sorry to be a dick, but 60 pounds? You're effectively paying 60 pounds just for 2 gb of storage because you can burn feeds for podcasts for free on other sites like FeedBurner... And you can upload your podcast recordings for free to archive.org and then have an entire service free of charge. What do the 60 pounds go towards?

Don't apologise, I've learnt to expect a flaming for anything said on here

The benefit of this over podcasting sites is it gives you a single place you can do everything - with places like feedburner, you have to upload your files to one place, then set up the feed in another and so on.

It can also be integrated into an existing website, so you just go to one place to update your website and manage your podcast, plus it can be easily set up to provide a front end to give visitors to your site information about the podcast

Remember this is primarily aimed at people without a lot of technical know-how, so the simpler the better.


In answer to your question, the 60 pounds goes towards: hosting, development of the software, support, installation and all of the coffee I drink while I'm working

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Stu Cox |

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Originally posted by DJChrisB Yeah dude, that's a bit much. I knew nothing about podcasts before I made mine, but I had it up and running in a few hours. I'm sure folks would like to save that time and effort, but that's a steep price. Consider this, would you rather sell one copy at 60 pounds or 10 copies at 10 pounds? Since the software is already made, you have no incremental cost with selling each copy so every sale is pure income. You should shoot for quanitity more than price b/c quantity gets your software knows and generates more sales.

I do appreciate what you're saying, but if you consider that any web developer would easily charge you that much to add a podcast system to a website they were building for you... and they'll just use code they've already written for another project as well.

The hosting alone would probably cost at least £30 on its own, so you're only looking at £30 for the software etc


From my point of view, I have to cover my costs and the time spent on it - software development takes a lot longer and costs a lot more than a lot of people think. Each copy at £60 still only makes up a fraction of the total costs... pricing it at £60 is geared towards aiming for quantity over price, it would be a lot more than that if I was expecting it to pay for itself in one copy!

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Stu Cox |

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Originally posted by Stu Cox From my point of view, I have to cover my costs and the time spent on it - software development takes a lot longer and costs a lot more than a lot of people think.

Stu Cox - trust me, I used to work in Revenue Management & Pricing at a fortune 100 company. One thing that you need to realize is that it does not matter how much time and cost you put into a product to determine the pricing. Before you even begin development, you need to do market research to see what the demand is and what people are willing to pay. From that information, you can determine if it is worth the time and effort to develop that product. To the end user, it does not matter how much time or cost you put in your product. The only thing that matters is if people want the functionality you offer and how much they are willing to pay for it. Granted, your product is cheaper than custom web development; but, your product is out-of-the-box and not customized to the specific user. I haven't seen the details of your product, but it seems to me that you're offering functionality that is already available elsewhere for free. I recommend doing some market research to see what people are willing to pay so you have a basis for your price. I know you want to get 60 pounds per copy, but from the replies thus far, it would seem that your core market does not want to pay that price.

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Temporarily retired from the world of DJing.

quote:

Originally posted by DJChrisB Stu Cox - trust me, I used to work in Revenue Management & Pricing at a fortune 100 company. One thing that you need to realize is that it does not matter how much time and cost you put into a product to determine the pricing. Before you even begin development, you need to do market research to see what the demand is and what people are willing to pay. From that information, you can determine if it is worth the time and effort to develop that product. To the end user, it does not matter how much time or cost you put in your product. The only thing that matters is if people want the functionality you offer and how much they are willing to pay for it. Granted, your product is cheaper than custom web development; but, your product is out-of-the-box and not customized to the specific user. I haven't seen the details of your product, but it seems to me that you're offering functionality that is already available elsewhere for free. I recommend doing some market research to see what people are willing to pay so you have a basis for your price. I know you want to get 60 pounds per copy, but from the replies thus far, it would seem that your core market does not want to pay that price.

Thanks for the marketing lesson mate but I don't care where you've worked haha I'm not saying anything you've said is wrong, I just think you've miss-judged what's gone into this and the idea behind it.

I did a lot of market research before writing this software and I already had several customers lined up before I wrote it.

As a little bit of background, my main business is in web & print design - I've been working on various bits of code to integrate into the websites I build for my customers, a podcast system being one of them. As a system that can also function on its own, I decided to release it as a standalone product.

The product price is driven by what customers are willing to pay, yes. People who are interested in running a podcast who don't have the knowhow will be willing to pay this much (as we've already established that most web designers would charge more than this so if they really are serious they're unlikely to be able to get a solution much, if any, cheaper), those who aren't won't.

And in fact since I posted similar messages on other messageboards earlier today and promoted this product through word of mouth I've had several emails from interested parties... what you see on TA isn't everything


I appreciate you're just trying to help, but just because it doesn't appeal to you doesn't mean I've got my business model all wrong

Oh, and also remember I'm in the UK - everything's expensive over here haha

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Stu Cox |

nice idea but to me it's a little pricey for wot it is

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THE HOME OF DJ SPOONZ

well yeah, the price is a bit steep, but I think you'll easily find clients, actually myself I'd like to pay more for a working product...than having something for free I have to spend hours to get working...

so please guys don't get angry at Stu...he just found a hole in the market and wants to use it...good luck, Stu!

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quote:

Originally posted by BOOsTER well yeah, the price is a bit steep, but I think you'll easily find clients, actually myself I'd like to pay more for a working product...than having something for free I have to spend hours to get working... so please guys don't get angry at Stu...he just found a hole in the market and wants to use it...good luck, Stu!

agreed!

is it a 60 quid one off or yearly payment??
still sounds a bit steep, but def a good idea imo!

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Originally posted by wee_rooney agreed! is it a 60 quid one off or yearly payment?? still sounds a bit steep, but def a good idea imo!

from wot i read, £60 to start off then £20 each yr thereafter

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THE HOME OF DJ SPOONZ

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Originally posted by BOOsTER so please guys don't get angry at Stu...he just found a hole in the market and wants to use it...good luck, Stu!

Oh, believe me, I'm not angry. Quite the opposite actually. I love it when independent developers get solid products out there. I just happen to think that the price is a bit steep, so I recommended lowering the price so he can get more income overall by selling more units. I actually hope I'm wrong and that he's able to sell tons of these things at the price he wants.

Best of luck Stu Cox!

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Temporarily retired from the world of DJing.