Swizec Teller
PRO
@swizec
This looks useful!
The right price depends more on your target market than it does on the tool itself. What are your potential customers currently doing to solve this problem? How much does it cost them? How does your tool help with that? Does it alleviate the pain?
Usually when you can’t price something, that’s a good sign you need to conduct more user interviews.
That said, you can also use yourself as a model. Are you using this tool? How much time/pain is it relieving?
from the response it seems to alleviate pain. It definitely does for me. Its my go to resource before I write any blog post. I feel much much more confident that I am writing about the correct keywords (that will rank) once I use this to make a list. I probably need to conduct more user interviews. Thanks a lot
+1 to what Marc said – the internet is flooded with products right now that all do some version of “We pre-prompt your prompt and give you no-code access to GPT API”
That’s good, iff you have a niche non-technical market you can reach better/cheaper/faster/moretargeted than competitors. Or as Marc said, you make the integration suuuuper buttery smooth for your target users in an existing app they’re already using.
For example: I would love a ChatGPT interface inside VSCode that understands the entire context of at least the local file, full project would be even better, and is as easy to use as TypeScript-based autocomplete.
But even if that existed, my head of security would never let me use it 💩
Thanks Swizec. I actually have a same idea, but not sure if I could make it better than Github copilot haha.
As of security/privacy, I think a paid opensource could work. WDYT? :D
Does 5k sound like a motivating amount of money to you? If not, you shouldn't bother with the headache of selling.
Afaik prices for selling a SaaS are usually 3x to 5x ARR – 50k+ in your case. You can probably find guides online on how to price a SaaS for sale.
If you don't want to be involved and the partner won't buy you out for a good price, there's always the shareholder approach where you simply own part of this asset and get some sort of dividend and/or part of proceeds of any future sale.
Like @nikspyratos said, you should read Stark’s stuff. What a maker wants to pay you depends on the value you bring.
I have a page getting hella traffic with good conversions but 50% of users get an error and can’t buy? I’ll pay you a bunch to fix that for me.
I have a product with zero users and low interest? Giving you even 10 bucks feels like a lot.
To give a more concrete example: I have a bunch of problems on my blog that I’d really love to fix but it isn’t worth my time. Would love to pay someone to do it for me, but there isn’t nearly enough work to even begin talking about a /month price.