I recently quit a big MNC to start off on my own. I have built a B2B(Business-to-Business) product but not figured out how to price it. Please tell me if my approach is right.
I was earning $x/hour at the place where I worked - If it takes 'y' hours to build the B2B product, effectively my(product) worth is $(x * y) + server-costs for 'y' hours + misc expenses(electricity, etc.)
If the product is to be sold as a whole package, probably one can figure out the price with the above costs adding a little profit margin,but if it's something like people pay & can use it for 5 times, to further continue they need to pay again - how do you price?
Eg: animoto.com - the building of the product would have taken several man-hours, however to use their product to create a video, you pay only $3. To create another one, you pay extra $3 and so on..