RE: the high cost of MapInfo recently bemoaned by Mr. Hoskins

Two weeks ago I had an almost identical discussion with a geological 
cross-section vendor at an AAPG meeting.  The code was a well done geological 
cross-sectioning code, but it sold for $4,000 and was not set up to handle 
real world coordinates.  Their market was the major oil companies (the only 
ones who could afford it).  They were the cheap boys on the scene (the 
competition code began at $50,000).

I suggested that they drop the price to 500-1000 dollars and market it to 
engineering, geologic, and haz waste firms.  There were 1000's of potential 
customers ready to buy a lower priced code.  He pointed out that it was 
really not worth it to his firm.  His logic went like this.

Assume that he had 500 customers paying $3,000 each.  This produced 1.5 
million gross.  He would have to have 3750 customers paying $400 each to 
produce the same gross amount.  He would also have the headache of dealing 
with 7 times the number of customers (both in dealing with people and having 
the infrastructure to handle that many people).  He then asked how many 
potential total customers were there world wide (for his code).  I guessed at 
15,000.  At $500 per code, this is 7.5 million gross.  He would get the same 
gross with 2500 customers at $3,000.  I then asked him how many customers he 
thought there were at the higher price.  He estimated 1500 to 2000.  (They 
also felt that the high priced compitition might buy them out)

I am not sure that it is worth it for a specialized firm to try and go after 
a large customer base.  They just need enough firms to pay the higher price.  
Look who Mapinfo is geared for - business (not government or schools).
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