Sell your code theme and earn steady income
If you are planning to sell your code, themes, scripts or applications, you should follow the following business model to do this successfully and get the maximum possible profit. The model which i am going to explain comprise of three main factors:
Why Subscription Model?
This model has benefit for both developers and customers, for a developer it offers running revenue the product will be sold several times and payment will be collected regularly which also gives motivation to update the product and follow the trends and by the end of the day the developer gets to have an up to date product which itself is an asset. For a customer it offers less initial investment which means if a customer is paying one time for a product the price will be higher than the price of subscription, So the customer can add more value to its project with less initial investment by spreading it over the period and can have quick ROI, One of the biggest advantage the customers gets using this model is getting the updates on timely basis with the trending technology changes as mentioned above the developer motivation is directly connected with the customers motivation to stay subscribed.
What is licensing?
A product can have generally two types of licenses, personal or commercial use or it can be categorized as single or extended usage. Which means you should have your product built for both personal use and for enterprises which will increase your targeted audience by tackling the economical diversity, this will give customers a satisfaction of the quality of a product. And if you choose to have single license then a single customer might have multiple projects and instead of getting multiple subscriptions, a subscription with extended licenses can be used and obviously the price would be different.
What is the use of API?
This third factor is critically important, this is used to make sure that things are going as planned, your product should be integrated with the API to understand your customer usage, and to protect your product for any misuse, and make sure that correct license is being purchased, You can also use this factor make sure that customers do not un-subscribe, for example, you may choose if the customer unsubscribe the previous version of your product won’t work so you will actually be providing SAAS with the downloadable products but if you choose this method you might need to reconsider your pricing.
Conclusion…
These three factors combines can give you maximum profit and more subscribers and a steady income if used correctly, and obviously pricing is something which you need to choose very wisely with market research.
These are the three factors i have found in Webostock Marketplace where users can sell themes, templates, code, scripts, applications and plenty of other useful resources.