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11 Comments

Sold 1000 licenses 🎉 🎊

We successfully sold 1000 licenses of our product Ultimate POS in codecanyon.net marketplace.

Here are some of our learnings:

  1. Keep the product super easy in terms of installation, user interface, usage.

  2. Use simplest technology because few customers are actually developers, who customise the app to deliver to end users.

  3. Keep the document updated with every technical & usage details and easy language. This helps to reduce the support queries. Generally u will find lots of support question, so this helps to save a lot support of time.

  4. Keep the users updates with recently released features, upcoming features.

  5. Sad but a true point: keep the price low. We started with $29,revised our price 5 times to reach $54. Still it's low as compared to the features it provides.

Product link: https://codecanyon.net/item/ultimate-pos-stock-management-point-of-sale-application/21216332

Any feedback, suggestions, questions highly appreciated!!

, Founder of Icon for UltimatePOS
UltimatePOS
on August 1, 2019
  1. 1

    Congrats! Keep it going man.

  2. 1

    Hey! Congrats
    Do you have a personal email address I can reach you at, I want to try and partner some services with your POS.

    Does this let me setup this for multiple clients with one install?
    Is it multi Tenant?

    Regards

    1. 1

      You can reach me here [email protected] or [email protected]

      Looking forward to hearing from you.

  3. 1

    Congrats, this is a great result!
    I checked your demo, it's a huge product. How much did it take to develop it? Have you used some out-of-box solutions, boilerplates or so?
    Thanks!

    1. 1

      Thank you.

      It's still in development process, we regularly add new features to it. The initial version took nearly 4 months before we release.

      No starter kit is used.

      1. 1

        Thanks! May I ask you how many people are working on the project?

  4. 1

    Congrats Nikhil! Really great advice 👍. One question: you said to keep prices low, yet you increased it? Many folks here would suggest price increase of 2x-10x to increase revenue and get better customers, so I'm interested to understand your perspective.

    1. 1

      Thank you @jian2587

      Keep the price low initially helps you get fee customers who look for low prices product.

      Yes people suggest to increase price 2x-10x but when you sell in codecanyon.net marketplace having 3 digits price never helps with the sell.

    2. 1

      Exactly, if you made this a one step install, no reason your couldn't charge 50$ a month for it.

      1. 1

        Well i sell them in codecanyon.net marketplace where the average price is a bit low. And yes few customers purchase the extended license, that makes it profitable.

  5. 1

    This comment was deleted 4 years ago.

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