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Wavve: making $76k a month turning podcasts into videos

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Re: Wavve: making $76k a month turning podcasts into videos

#51
post #38

Semi-rhetorical question: why do customers accept something like this delivered in SaaS form? It seems so antithetical to customer obsession when this is the exact type of problem that lends itself well to a locally running application. Why not deliver this as a desktop application that users download and pay for one-time? There’s absolutely no need for an ongoing subscription to a backend service here. Outside of re…

Semi-rhetorical answer: 1. It still provides more value than the monthly subscription. 2. People have shown a greater willingness to pay for ongoing features and support in a SAAS model than in other formats. 3. It better aligns with the costs of support and maintenance that the provider needs to provide. 4. It's less risky for the consumer to get started. 5. There's no piracy or people decompiling your app and putti…

I built and sold an installable application in the past, and #5 was brutal. For some reason it's rarely discussed.

Re: Wavve: making $76k a month turning podcasts into videos

#52
Baird is an amazing person. I've had the chance of talking to him and seeking advice while building out my own podcasting platform (https://kyrie.fm), and he's given invaluable feedback to younger, budding entrepreneurs. Great job Baird and team! Hope to see the platform grow even larger.

Re: Wavve: making $76k a month turning podcasts into videos

#53

Nobody should be making 76k a month when millions of hard working Americans are barely making 1k a month /s

I can't tell if you're trolling... Also I find it hard to believe that there are millions of Americans who barely make $1,000 a month.

Check out https://graphics.wsj.com/what-percent/

Plug in $12,000 as the annual income, and that'll tell you that 24% of U.S. workers made that or less in 2014.

Looks like the number of full time U.S. workers in 2014 was 118.72 million: https://www.statista.com/statistics/192361/unadjusted-monthl...

That works out to be 28 million U.S. workers making See also: https://howmuch.net/articles/how-much-americans-make-in-wage...

The specific numbers have changed in 6 years, but I don't find it all that unreasonable to suspect that there are many millions of U.S. citizens making less than $1,000 per month.

Re: Wavve: making $76k a month turning podcasts into videos

#54
post #31

Earlier quoted context omitted.

The market for indie apps is far better on Apple devices in general. More people are willing to pay for an ad free, nicely integrated app than on Android.

Source?

As for paid versions of Monument Valley, sales from the iTunes App Store far outpace sales on other marketplaces. Purchases on iOS account for 73 percent of Ustwo's $14.4 million of revenue, while only 17 percent of that total revenue came from Google Play.

https://www.polygon.com/2016/5/20/11724058/monument-valley-s...

Re: Wavve: making $76k a month turning podcasts into videos

#56

Earlier quoted context omitted.

Huh? There are no sorts of leading/praising questions like that in the article. If anything, I found the questions to be very generic and templatized - which again isn't a bad thing and seems to fit the profile of the overall site (a resource for young startups/curious entrepreneurs) The questions (for those who won't click through): "What's your background, and what are you currently working on?" "What's your backst…

The questions were soft even for little league. most interviews are marketing pieces, but this might as well been an infomercial. But at the end of day there is no innovation.

What are some examples of questions you would like to see?

Re: Wavve: making $76k a month turning podcasts into videos

#57
post #51

Earlier quoted context omitted.

Semi-rhetorical answer: 1. It still provides more value than the monthly subscription. 2. People have shown a greater willingness to pay for ongoing features and support in a SAAS model than in other formats. 3. It better aligns with the costs of support and maintenance that the provider needs to provide. 4. It's less risky for the consumer to get started. 5. There's no piracy or people decompiling your app and putti…

I built and sold an installable application in the past, and #5 was brutal. For some reason it's rarely discussed.

I had a customer openly admit to me that they had been using a pirated version of my app until now.

Pretty crazy when you see your own app on torrent sites.

Re: Wavve: making $76k a month turning podcasts into videos

#58
post #38

Semi-rhetorical question: why do customers accept something like this delivered in SaaS form? It seems so antithetical to customer obsession when this is the exact type of problem that lends itself well to a locally running application. Why not deliver this as a desktop application that users download and pay for one-time? There’s absolutely no need for an ongoing subscription to a backend service here. Outside of re…

Customers "accept" an explanation of value vs. alternatives, which is largely marketing communication.

Your second (main?) point: "no need" / "rent-seeking" is addressed well by michaelbuckbee, particularly point #5.

Re: Wavve: making $76k a month turning podcasts into videos

#59
post #51

Earlier quoted context omitted.

I built and sold an installable application in the past, and #5 was brutal. For some reason it's rarely discussed.

I had a customer openly admit to me that they had been using a pirated version of my app until now. Pretty crazy when you see your own app on torrent sites.

Only when your goal is making money and not making apps to further humanity

Re: Wavve: making $76k a month turning podcasts into videos

#60
post #51

Earlier quoted context omitted.

I built and sold an installable application in the past, and #5 was brutal. For some reason it's rarely discussed.

I had a customer openly admit to me that they had been using a pirated version of my app until now. Pretty crazy when you see your own app on torrent sites.

Exactly, a SaaS product is the ultimate DRM and it's socially acceptable. Make this a native app that needs always-on internet and customers who care about it being native will flip and eat your margins like a giant Pareto Pacman.
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