Chapter
The Pros of Software-based Products
52:23 - 55:10 (02:47)
This podcast discusses the benefits of software-based products as opposed to physical items, in terms of incremental sales and pricing strategies.
Clips
Selling software has the benefit of costing the maker zero for each incremental sale versus a physical item.
52:23 - 54:37 (02:13)
Software
Summary
Selling software has the benefit of costing the maker zero for each incremental sale versus a physical item. Additionally, offering discounts for higher-priced items can capture more margin even after the discount is applied.
ChapterThe Pros of Software-based Products
Episode#74 - The $72B Chinese startup you’ve never heard of, a mysterious billionaire and the guide to post-corona opportunities
PodcastMy First Million
The podcast hosts discuss the importance of brainstorming and how they are able to consistently come up with new ideas for their show by practicing and lowering their expectations.
54:37 - 55:10 (00:33)
Brainstorming
Summary
The podcast hosts discuss the importance of brainstorming and how they are able to consistently come up with new ideas for their show by practicing and lowering their expectations.