Create A Screensharing Software - Business Ideas
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
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 |
Case Studies
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.
-
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.
-
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.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings