Create A Screensharing Software - Business Ideas

Updated: September 15th, 2022
Create A Screensharing Software

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Screensharing software allows users to share their computer screens with others in real-time, enabling them to view what’s happening on the screen remotely.

To start a budget-friendly screen sharing software business, first define your target niches, such as businesses, educators, or gamers.

Next, choose a development platform like open-source options or cost-effective frameworks to build your screen sharing application.

You can either develop it yourself if you have coding skills, hire freelancers, or use no-code platforms.

Create a website and utilize social media and online forums for marketing. Offer a free version with limited features to attract users, and consider introducing paid plans with premium features.

Continuously refine your product based on user feedback and adapt your marketing strategies as needed to grow your business.

Createing a screensharing software requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell screensharing software, or selling screensharing software online, you can use this page as a guide for everything you'll need to know.

Key Stats

revenue (monthly)
$31.2K
starting costs
$30.7K
gross margin
65%
avg product price
$16
time to build
240 days
growth
SEO
business model
Advertising
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$151

$352

Website Costs

$223

$7,215

Business Formation Fees

$5,600

$20,400

App Creation Costs

$1,099

$20,099

Software Expenses

$162

$3,094

Advertising & Marketing Costs

$0

$3,000

Total Startup Costs

$7,235

$61,160

Successful Businesses

Business URL Rank

Apple

ara.apple.com

41

Join me

join.me

17,790

AeroAdmin

aeroadmin.com

175,170

ZD Soft

zdsoft.com

192,635

CrankWheel

crankwheel.com

236,211

Showmypc

showmypc.com

280,504

Jami

jami.net

302,592

Tox

tox.chat

467,876

LiveLectures

livelectures.com

633,153

Avatron Software

avatron.com

731,860

Dead Simple Screen Sharing

deadsimplescreensharing.com

809,152

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

High margins

The gross margins for your screensharing software are typically around 65%, which is considerably high and allows you to grow your business and manage costs easily.

Gain exposure and experience

This career allows you to gain experience working for multiple different businesses - which will benefit your resume and also keep things interesting for you!

Predictable income stream

Your businesses income stream tends to be predictable based on the number of customers you have signed up. This makes financial planning and outlooks much more seamless!

Higher likelihood of getting referrals

This business is all about referrals, which can be a a very impactful way to attract and retain customers. It's critical that you have a great referral program in place that incentivizes your customers to tell their friends about your product.

Cons Description

Longer Sales Process

A screensharing software can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

High employee turnover

In the screensharing software, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

Churn

In this business, customers can cancel their membership or subscription for your services - which can make revenue forecasting challenging and unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible.

Time commitment

With createing a screensharing software, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.

Complex development process.

The development process for a screensharing software can be quite complex, which may cause delays and challenges when launching and growing your product.

Marketing Ideas

  • 1

    Affiliate Program

    Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.

    Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.

    The affiliate typically gets a unique link where clicks and conversions can be tracked.

    Learn more about affiliate program ➜

  • 2

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

    Learn more about direct sales ➜

  • 3

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

    Learn more about word of mouth ➜