102. How Do I Price My Software?

[@carstenberggreen7509]

Tak!

[@IAmTimCorey]

Thank you!

[@SachinthaSilva]

This explanation precisely cleared my doubts I was having around this topic. As always... Thank you very much for your time..!

[@IAmTimCorey]

You are welcome.

[@faisalalhoqani6151]

It's true about your online content dear Tim it's valuable, keep it up

[@IAmTimCorey]

Thank you!

[@faisalalhoqani6151]

@@IAmTimCorey You are welcome dear Tim

[@webluke]

So selling the course on another platform did cost for supporting but did it drive sales of other courses on IATC? Videos on KZbin do cost to make and upload, but they drive sales on IATC. I think the thing missing was the discussion that some things are advertising costs, which isn't always a bad thing. Unless it takes you away from producing your product and keeping paying customers happy. I did like how Tim covered the value of software in this video, not just time it saves but automating something so it always gets done correctly is very valuable. I also see a lot of people who just "put up with" things they don't like with software they use so if you have some way of doing something that is more in line of how a user wants to do something can be a selling point that increases the price.

[@IAmTimCorey]

We did look at that. Of all of the sales we had on Udemy, we only saw a couple that translated into sales of our other courses. Part of that, I think, was expectations. If you got a deal on Udemy and got the course for $10, why would you purchase a course for $100? If one course is for sale that cheap, maybe the others will be as well. You also get a different customer at that price point. If you buy jewelry for $10, you probably aren't the same customer that is willing to buy real diamond earrings.

[@webluke]

@@IAmTimCorey That's good info. I first thought it was a closer price until later in the video, but for such a discount, even with volume, it's hard to make up the difference and offer the same service. Thank you for the work you do Tim!

[@twd949]

5:30 not entirely sure why you would use the example of selling a piece of software with no subscription-plan, yet require furthering the development of this software for free. Would any customer have this expectation?

[@IAmTimCorey]

Practically every customer has this expectation. You bought Windows once, yet you probably want them to fix bugs, adjust to new threats, and add new features. Microsoft Office used to be a one-time purchase, but people wanted it to be improved, fixed, and adjusted for years afterwards. When Microsoft went to the subscription (Microsoft 365), people were outraged. They wanted a one-time payment that allowed them to keep the software for life (and have it continue to work and be updated). If you buy a $1 game for your iPhone, do you expect it to keep working when Apple upgrades to a newer version of iOS? Sure. Yet, you aren't paying for those changes.

[@andywalter7426]

The only issue i can see with subscriptions is the fact that most people can't really commit to the subscription since they don't know what will eventually happen. I personally hate the subscription model. Sometimes, a person can afford today but most likely can't afford a year from now for example. Your subscription model is not as bad because you are only committing for a year but not for life.

[@IAmTimCorey]

No subscription is for life. When you subscribe, you can either leave at any time, or you have a period of time you are committing to before you leave (usually max of a year). Most are just monthly payments. While you might not like committing to paying monthly, imagine being on the other end. Imagine trying to commit to working on an application when you do not know if anyone will be paying for it in a year. You commit to the long-term as a developer, yet people are not committing to support you on the long-term. That's the problem. By going the subscription route, the customer is committing to the same timeframe as the developer. If the customers stop paying, the developer does not have any commitments either.

[@aaryanshrestha7559]

Will we be able to build large application on linux on c# using vs code?

[@IAmTimCorey]

Yep, and @Giorgi is correct. You cannot really develop desktop applications on Linux.

[@andywalter7426]

@@IAmTimCorey actually not quite. a person can build console apps that work on linux. you just can't build ui apps. so if a person is building a huge command line app, that will work on linux in addition to windows and mac easily since the only ui is the command line.

[@King-Merlin]

Thanks 👍

[@IAmTimCorey]

You are welcome.

[@justwatching6118]

Thanks for valuable information 🙂

[@IAmTimCorey]

You are welcome.

[@andywalter7426]

One major struggle I have with pricing software is I created apps that are very useful but can't get anybody to pay anything for it or even use for free unfortunately. What happens if a person finds it does not matter what they create, nobody wants to use it no matter what.

[@IAmTimCorey]

If no one wants to use your products, you aren't making the right products or you aren't making the products the right way. The customer is the one who determines if your application is useful and if it is worth anything. Not the developer. For instance, I create KZbin videos, yet it is the viewer that decides if they are valuable. I know I put value in each one, but some are valued more than others. Early on, some were not valued at all. I had to adjust to what people wanted while still adding the value I know they needed. Having seen your applications, I can tell you that the number one thing your applications could use is user interface improvement. It doesn't matter how great your app is, if your user cannot understand how to use it, your app will fail. Look at the other apps and web pages out there and see how they work. Learn from them. Make improvements on your UI.

[@andywalter7426]

@@IAmTimCorey you said yourself you are not a ui designer. i am the same way. i am good at the logic but not the ui part. i know my is simple enough because my wife uses my app. i try to make it as simple as possible. my greatest strength is the behind the scene stuff (business logic) but my greatest weakness is ui.

[@Vsauce00]

I'd like to take a look at your apps/app, where can I find them? I'm also curious to see these UI problems you're talking about.

[@andywalter7426]

@@Vsauce00 i have a github repository. can't link here because they would delete the post. you can check out many open source projects i have via github and searching for musictopia2. i would even post links to some of my web apps but they would delete those too.

[@stewiegriffin6503]

I charge 1000 $ every software

[@IAmTimCorey]

That seems a little high. Are you prepared to pay that much for every app you need?

[@trommelheinz]

first

[@IAmTimCorey]

👋

[@Raziaar]

You gotta stop pronouncing udemy that way Tim!

[@IAmTimCorey]

There are multiple ways that the name Udemy is pronounced. There is not one common pronunciation. Unless you are the owner of the company and looking to clear up the confusion, I don't see how you qualify as the person that gets to decide that.

[@Raziaar]

@@IAmTimCorey Yeesh.