The price was always bound to go up. In my opinion under-priced to incentivise people to use it. Both to increase adoption but also to provide more training data.
Future models will bring huge value, and costs should match ROI, but it’ll be a tough road, especially for consumers.
I would buy up a bunch of land in my place of birth, and invest in tech, infrastructure, etc to make it the most incredible place to live.
In a real world, I am currently building something that's been my dream - #recipeer. I'm actually so happy to be working on it.
Amazing, thanks so much @cat! This is great, very detailed and makes total sense.
Also you're totally right about credit/attribution issues. I looked into it - turns out that while lists of ingredients are not subject to copyright, directions and media associated with them are. So...that should be fun!
On Android, so can't use the app itself. Idea seems solid. Lots to keep track of as a papa.
One thing I would say - in your marketing materials, you seem to focus on things that are rarely needed. For example, blood type, vaccinations, birthdays. It's not that they're not needed, just rarely so.
But day-to-day, week-to-week, I'd be more interested in helping in household banalities. Things that you list as "coming in next releases": shopping lists, chores, etc. For example my son plays football. His practices start at different times of different days of the week. He plays tournaments at different fields in the city. Just knowing that papa needs to pick up Little Johnny and take him directly to the field on Tuesdays and not Thursdays - including make sure he brings his boots and kit in his backpack - is a pain point, for sure.
This of course naturally also raises the ability of the mom being involved in this as well. Does it make sense to have a companion app then for moms? Or with such an app, does the dad become chief record keeper for these things instead? How do you plan to involve moms in all this?
Anyways less of a roast, more of I'm curious where you plan to take this in future.
Thanks for your ideas and insights. I initially considered making this ‘online’ for family collaboration but ultimately pivoted to ‘offline’ to avoid exposing this kind of data online. Another factor I considered is the business model. With an ‘offline’ app, I could offer a one-time payment option, for example, $10. However, with an ‘online’ app, a subscription model would be necessary, which seems challenging to market, even at $1-2 per month.
Honest question: would you find it acceptable to pay $5/month for an app that helps solve “day-to-day, week-to-week” routines?
I think the jury is still out on the huge value. I'll believe it when I see it