Tuesday, February 27, 2018

Pricing My Product

When starting a business. It is important to know how to price your product. As a starter in Business, when it comes to pricing a product, it can be a very difficult problem. In other to make it easy for me, I came up with methods to help me price my product.
First, we should think about the different factors that lead to making the product. The time spent making it. The amount of money spent to make it. Also, the customer perspective about the value of the product. So, after considering all these factors, I decided to price my file encryption software at $6.99 a month. We will provide a trial period of 7 days to see how people review it, and if they like it or provide different suggestions for the product. Based on their suggestions, we will know if the price is acceptable or if we have to review it.
Second, there are many companies out there that provide storage-based software, but my software will provide security to your files so that no one can access beside you. Even though I found other companies that provide encryption, most of them are not that reliable.

Mission Statement

Mission Statement 1. Mission SeCrypt is a start-up company whose mission to provide file security for anyone who owns a smartphone a...