Software as a Product (SaaP)

At the other extreme of software development business models there's selling software as a full product—a complete contrast to simply selling the service to create software. This model relies on creating a software product that people are willing to purchase, hence making the wrong product could potentially result no money returned from the time invested. In addition to the time cost, you may also need to hire the services of other professionals, such as graphic artists, to assist with the production of content for integration within your software, hence there being a higher cost to bringing your product to market.

Advantages

Like with the previous method, there are several advantages to building a software business ...

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