Business Model
Do you know how your product/service will make money?
Questions
How will you make money (subscription, pay for what you use, freemium, bundled pricing etc.)?
Do you have a unique and defensible business model that will add value beyond the product alone?
How will rapid scaling impact your commercial viability?
Does your organisation’s structure support your product initiative?
How have you established the sell price? What will the next 24 months of revenue look like?
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Don't be afraid of charging more
Sam Gribben, Melodics & Serato