12 {{ upvoteCount | shortNum }}
12 {{ upvoteCount | shortNum }}

Cost of creating a 'perfect' product...

by Joseph Then
10 replies
If anyone of us wants to create that perfect product, you're most likely to fail.

One good example to learn from, check this out:
Memberzilla: The Monstrous Membership Software

Since 2008, I have been in the waiting list and what I heard from the grapevine is that the team will not release the product until it is 'perfect'.

Since then, memberzilla team changes, revamped, and I'm still waiting for this 'perfect' software.

Since then, many other membership software has appeared and grabbed a lot of market share.

Since then, many of these membership software has improved, even though it is not perfect at the first launch.

Since then, many of these membership software has made tons of money while memberzilla is still losing money.


So... are you still holding on to the launch of your 'perfect' product?

(To clarify, this is not to bash memberzilla. It's a lesson for us to learn)
#cost #creating #perfect #product
  • Profile picture of the author x3xsolxdierx3x
    Originally Posted by Joseph Then View Post

    If anyone of us wants to create that perfect product, you're most likely to fail.

    One good example to learn from, check this out:
    Memberzilla: The Monstrous Membership Software

    Since 2008, I have been in the waiting list and what I heard from the grapevine is that the team will not release the product until it is 'perfect'.

    Since then, memberzilla team changes, revamped, and I'm still waiting for this 'perfect' software.

    Since then, many other membership software has appeared and grabbed a lot of market share.

    Since then, many of these membership software has improved, even though it is not perfect at the first launch.

    Since then, many of these membership software has made tons of money while memberzilla is still losing money.


    So... are you still holding on to the launch of your 'perfect' product?

    (To clarify, this is not to bash memberzilla. It's a lesson for us to learn)
    A great example....

    Having a good pulse on your market, and competition, is imperative here. I'd say take as long as you need, as long as the competition is far enough behind. Perfection is sometimes very difficult to achieve, with limited resources and manpower. Sometimes you just have to get the product "out there", though....
    Signature
    {{ DiscussionBoard.errors[2377638].message }}
  • Profile picture of the author George Wright
    Very true,

    There is a lot to be said about getting a product out there and improving it based on feed back. No doubt when they get it "perfect" and release it, some will think it less than perfect and make suggestions so they will still be tweaking it.

    For perfectionists it's easier said than done to "just get it out there."

    George Wright
    Signature
    "The first chapter sells the book; the last chapter sells the next book." Mickey Spillane
    {{ DiscussionBoard.errors[2377642].message }}
  • Profile picture of the author VegasGreg
    Ready. Fire. Aim.

    Get the order button up asap. Make it perfect after that.
    Signature

    Greg Schueler - Wordpress Fanatic... Living The Offline Marketing Dream...

    {{ DiscussionBoard.errors[2377683].message }}
  • Profile picture of the author lacraiger
    a perfect product would cost $0 and 0 time to make of course
    Signature
    Event Planner in Philippines
    {{ DiscussionBoard.errors[2377694].message }}
  • Profile picture of the author insomniacl
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[2378067].message }}
    • Profile picture of the author Shaun OReilly
      Bill Gates of Microsoft at one time became the richest man
      in the world on the back of releasing imperfect products.

      Every time a new version of Windows is released it is far
      from perfect and their developers improve it along the way
      with customer feedback and multiple updates.

      That said, releasing an imperfect product is not an excuse
      for releasing poor quality products.

      Get the product out there, get feedback from customers
      and improve it as you go along and make money at the
      same time.

      Remember that a perfect product that's never released will
      never make you a dime.

      Dedicated to your success,

      Shaun
      Signature

      .

      {{ DiscussionBoard.errors[2378122].message }}
  • Profile picture of the author khay
    Agreed. Launch your first iteration. Even if it's not yet feature-complete. Feedback from early adopters is invaluable, and can make your next iteration a lot better than you'd originally planned.

    Speaking from experience.
    {{ DiscussionBoard.errors[2378139].message }}
  • Profile picture of the author Joseph Then
    The reason why I created this post is because I was in a couple of the warrior's waiting list because of the launch of the new software. And when I check around, the waiting list has been waiting for almost 3-4 months?!?!?!?

    I hope those who are launching products, get the initial out and make some money before you go on with 'perfecting' your product, is that is even possible.
    Signature
    {{ DiscussionBoard.errors[2378474].message }}
  • Profile picture of the author davewebsmith
    You dont have to get it right .. You just have to get it going - Mike Litman
    {{ DiscussionBoard.errors[2378738].message }}
  • Profile picture of the author getsmartt
    Originally Posted by NicheExposed View Post

    Where do we thing we would be if they never releaed their software and from what I remember their first release was 3.0...
    Actually there was a Windows 1.0 and 2.0 it was not until 3.0 that it really started to get popular (mainly due to Microsoft's excellent marketing).

    1.0



    and 2.0



    were horrid pieces of software IMHO

    Pretty good video history of windows 1.0 thru Vista here...
    Signature

    Was mich nicht umbringt, macht mich stärker

    {{ DiscussionBoard.errors[2379202].message }}
  • Profile picture of the author kiopa
    Banned
    Yeah, when it comes to online software industry, you better always be enhancing and upgrading your software, or else you're going to fall behind. You can't just release a software, then sit back, and expect continuous sales for years to come. Generally, within 6 - 12 months, your software is out-of-date, unless you keep enhancing it.

    It's good and bad though. Means you can usually jump into the market at anytime, and become successful. Bad though, because it's alot of work and resources to remain the leader.
    {{ DiscussionBoard.errors[2379509].message }}

Trending Topics