Need advice

by 6 replies
8
Hi Warriors !

and thank you for this great forum.

I have learned a lot from WF and I keep coming for more every day !

I need some advice......

Being a developer, it is not hard for me to create a software product. If needed, I can also hire more developers
(over the years I have spent more than $10K on Upwork alone).

So my basic plan is :
1.Create a software product
2.Run ads (hopefully 100 clicks won't cost more than $50)
3.Make enough sales to be in profit (1-3 sales sounds about right ?)

So I need your advice as to what are some possible pitfalls and problems I may run into ?

I can see one problem being the support for the software, unless it is a SAAS product.

Any pointers on what kind of software would be in demand ?

koke77
#beginners area #advice
  • Why don't you find a niche and drill into it? You're approaching development just like most newbie marketers do IM and then get frustrated and disappointed.

    Either go deep into one of your own high interest areas, or, at minimum, do some research by reviewing various niche-based forums and assess how much and where there is a need for software-based solutions you can develop.
    • [ 2 ] Thanks
    • [1] reply
    • Thanks , I had not thought about it this way.

      So you're saying picking a niche is first on the list.....

      Actually I have a niche but it is not good for selling (people don't buy), also it is too narrow (oh well that's the definition of niche lol !)

      Any idea what traits a good niche needs to have ?
      • [1] reply
  • I would recommend you to start with a small marketing research. Try to look at what is popular at websites that sell scripts, for example, hotscripts. It can be anything, e.g. scripts for scheduling dental appointments, or software for lawyers, etc, etc.

    You don't need to write software yourself. For example, there are a lot of companies in India or Eastern Europe with mature software products that want to expand their business and start selling in the US. You can find companies like these which are looking for partners or resellers and try to sell their products using your marketing skills.
    • [ 1 ] Thanks
    • [1] reply
    • That's an interesting idea, although not one I would be thrilled to pursue at the moment.
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