How To Sell A Million Dollars Worth Of Software
72 rate or flagBy Information Ninja
How To Sell A Million Dollars Worth Of Software
The online market constitutes of an estimated 10% of the total
software sales in the world, annually. The sales figures hover around
the 200-300 billion Dollar mark annually and a 10% chunk of it is
quiet a market in itself. Selling software worth millions of Dollars
is not an easy task, but there are certain basic rules that must be
followed and practiced religiously for someone to be able to get
anywhere close to those figures.
There are a few basic questions one must ask himself/herself before
laying down a marketing strategy for selling software online. For
instance, one should backtrack from questions like how to influence
someone's buying decisions? How to sell software? What is your
current target market looking for in a software? Do you fit in with
the competition? Is you software well written and easy to use? Those
are some of the basic questions which demand an honest reply. After
you are done with this bit of introspection, it is time to formulate
and sketch an actual sales and marketing plan.
At the core of the marketing strategy, you should always have the
answer for one question: Is your software solving a particular
problem faced and identified by your chunk of target audience? If the
answer to this question is yes, we don't see a reason for your
software to not do wonders in the market. Once you have a few happy
clients and users, it always helps to get their reviews up and
running on your website. This would also mean that your clients would
act as your own brand ambassadors. Getting people to pay you and
vouch for your services, however, is not an easy task and requires
careful manipulation as well as channeling of thought process.
Besides, your product has to be robust, better than other products
and really up to the mark for your clients to safely take the
responsibility of vouching for you. No one- and we mean no one- would
jeopardize their own credibility unless the software is really
something that can help them pull some business for their own self
interest.
Apart from that, it is always advisable to let some strings loose in
the software- deliberately. This can prove to be a risky since it
should not hamper the overall performance of your software. You can
think of various iterations and modifications that would help in
improving the functionality of the software and keep rolling these
improvements out one at a time, In this way, you would be getting
some repeat business from your existing clients. Remember- if you
need to create a cult for your software (something that is necessary
for you to sell millions worth of it), you ought to make it good and
make it indispensable for the users. Right from the initial design to
the core problem solving and later iterations- everything about the
package has to fall in sync and you should see yourself selling
millions worth of that piece of code in no time!