Food for thought... Most of the projections her
Post# of 32649
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Posted On: 02/25/2018 6:42:51 PM
Food for thought...
Most of the projections here have been based on $10/mo.
The price of the Entrepreneur is $14.99.
Enterprise is $99.99/mo
Entourage starting at $9.99/mo.
In addition to those fees, if I were nFusz (and maybe they do this already), I would sell enhanced support separately, which larger enterprise companies will pay more for. Although the products are very easy to use, this technology relies on someone's phone or PC actually working right, which we know isn't the case as many users don't update their computer and have a bunch of junk on their phones.
I also could see consulting services down the line to integrate nFusz technology into large corp enterprises' existing solutions.
IBM, Oracle and Microsoft figure this out much late in the game that they could make a bundle off of consultant services in addition to selling the software. Many times, even more than the cost of the software. Microsoft has all these gold, silver partners that they relied on for years to help implement their solution and then actually started to compete with the hand that helped them for many years.
Worth mentioning: When a large ERP vendor does a deal, it might take 6 months of more to sell, agree on the modules, price, implementation services, and work the contract through the legal department. THEN, it may take a YEAR or more to actually implement at big corps. I know a number of Fortune companies implementing WDAY as an example and it's a big deal to rip out OLD, OLD legacy systems that have been highly customized and try to change some of your policies to fit the new SaaS solution.
Q: That's great, so what's your point? You know, when you tell a story redspeed, try to have a point because it makes it way more interesting for the reader!
A: With nFusz notifiCRM, sign up online and you are up and running in no time. No vendor lockin, no lengthy implementation, no 6 months in legal-land, and you can derive value immediately. Did I say 'immediately'?
Q: OK, I am starting to see your point. What does this mean to nFusz?
A: It means that nFusz will be able to recognize revenue much quicker than the big ERP vendors. It also means that those companies that sign up for a year vs. a month accelerates the revenue faster than the $##/mo. that we've been using in projections.
Full disclossure: I own Workday and they do not have a CRM solution as far as I know. If I were nFusz, this would be a good fit for them to have a CRM solution to continue to compete with Oracle, SAP, etc. Maybe they already have had conversations, I wouldn't know.
Workday. BTW is a $26B company and many of Workday's customers are Oracle customers.
Most of the projections here have been based on $10/mo.
The price of the Entrepreneur is $14.99.
Enterprise is $99.99/mo
Entourage starting at $9.99/mo.
In addition to those fees, if I were nFusz (and maybe they do this already), I would sell enhanced support separately, which larger enterprise companies will pay more for. Although the products are very easy to use, this technology relies on someone's phone or PC actually working right, which we know isn't the case as many users don't update their computer and have a bunch of junk on their phones.
I also could see consulting services down the line to integrate nFusz technology into large corp enterprises' existing solutions.
IBM, Oracle and Microsoft figure this out much late in the game that they could make a bundle off of consultant services in addition to selling the software. Many times, even more than the cost of the software. Microsoft has all these gold, silver partners that they relied on for years to help implement their solution and then actually started to compete with the hand that helped them for many years.
Worth mentioning: When a large ERP vendor does a deal, it might take 6 months of more to sell, agree on the modules, price, implementation services, and work the contract through the legal department. THEN, it may take a YEAR or more to actually implement at big corps. I know a number of Fortune companies implementing WDAY as an example and it's a big deal to rip out OLD, OLD legacy systems that have been highly customized and try to change some of your policies to fit the new SaaS solution.
Q: That's great, so what's your point? You know, when you tell a story redspeed, try to have a point because it makes it way more interesting for the reader!
A: With nFusz notifiCRM, sign up online and you are up and running in no time. No vendor lockin, no lengthy implementation, no 6 months in legal-land, and you can derive value immediately. Did I say 'immediately'?
Q: OK, I am starting to see your point. What does this mean to nFusz?
A: It means that nFusz will be able to recognize revenue much quicker than the big ERP vendors. It also means that those companies that sign up for a year vs. a month accelerates the revenue faster than the $##/mo. that we've been using in projections.
Full disclossure: I own Workday and they do not have a CRM solution as far as I know. If I were nFusz, this would be a good fit for them to have a CRM solution to continue to compete with Oracle, SAP, etc. Maybe they already have had conversations, I wouldn't know.
Workday. BTW is a $26B company and many of Workday's customers are Oracle customers.
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