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GordonJ
May 24, 2015, 12:19 PM
A place to see what licensing is about.

http://www.licensingexpo.com/




Gordon,

You hit the nail on the head when you talked about licensing. The Internet has opened up all kinds of possibilities. I know one company that offers a software program that scrapes the Internet for leads. Their license fee is 497upfront with a 97 dollar per month fee.

The buyer is free to hustle up other buyers. If he or she finds a buyer, they keep 400 out of the 497 initial fee and get a percentage of the thererafter 97monthly fee. The licensing of the software is the key for the developer.

Obviously these aren't the only people doing that. The QR code business is another example. I won't bother to list them all as there isn't room even in virtual space.

Nice tip that many of us have forgotten.


Tom


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