Software Agencies: The Different Tech Business Models

Software Agencies: The Different Tech Business Models

Software Agencies_The Different Business Models (Distribution, Licencing and Source Code)

Starting a software agency or a software business is no easy task. It takes a great deal of know-how in tech to achieve, but just as much as that, it also takes quite some knowledge on how to strategize, plan, and run a business.

That’s why it is important to take into account that a software agency can have multiple different tech business models by which it can succeed financially and fulfill the business owner’s desire.

A Tech business model outlines the procedures to take and steps to follow in order to have a clear company plan for generating revenue, providing value, and achieving profit.

Hence, we are going to go through those different tech business models and break them down in order to find out exactly what you want your software agency to be and how you want it to work.

Distribution Business Model

Distribution business models are very important and they are based on how the company intends to distribute their products and services, be it On-Premise, Cloud, or Hybrid.

On-Premise business model works through installation of software products and then being run by the customer in-house. It is the most traditional tech business model in the software industry and is used by major companies such as Microsoft and Oracle.

Cloud Software business model is based on remote hosting of software applications and platforms on the internet.

Finally we have the Hybrid Software business model, which is a mixture between both the on-premise software and cloud software business models. It offers great flexibility to the customer and allows them to safekeep their sensitive data into their very own in-house systems, therefore they won’t have to worry about their data being stored outside.

Profitability from distribution business models work exactly as the name suggests, it’s all reliant on distributing software to customers in many different shapes or forms and allowing them to host it in whichever way works for them.

Software Licensing Business Model

This tech business model is mainly based on licensing the use of specific source code projects. Licenses are there to make sure what terms a client should follow when using the software source code they have purchased.

There are many ways by which licensing works. There are however, two main models for licensing that are most common within today’s market, Proprietary and Open Source.

Proprietary Software licensing is most common among software companies trying to protect their IP. This way, the source code they have created cannot be accessed, or reused  by clients and users.

This means that the customer would buy the application without having any sort of access to its inner code and is thus guaranteed full support from the developer of the software.

This differs highly from Open Source licensing since you can access the source code and customize it at will.

It is also commonly funded and supported by the community itself, but it mostly lacks profitability in the short and long run.

Which takes us to the final and most currently innovative licensing method and software business model in today’s software industry, Source Code Licensing Business Model.

Source Code Licensing Business Model

This tech business model is just recently applicable as it didn’t have the necessary windows for it previously. It is most commonly based on profiting through the sale of the source code of a developed project including its source code with a clear license that justifies the terms of use.

This tech business model also has limitless potential for earning as the software developer, depending on the quality of the code, would have the ability to reuse their software, monetize it, and resell it endlessly.

Unlike proprietary software licensing, it allows the client to access the source code and customize it freely as per their company needs, and it gives the developer the chance to offer paid support for external revenue.

In many ways, it is closest to the Open Source Business model but it still remains entirely different in terms of profitability and quality, and is thus considered a newly-found mixture between multiple different tech business models that provides one of the most efficient methods of profitability, distribution, customizability, and earning.

How PieceX Can Help

There aren’t that many platforms that allow the sale of source code, however, PieceX remains one of the main platforms for that. 

With its mixed business model solutions, it is a great way for software development companies to base their profitability on, as it is a marketplace for buying and selling software source code.

Startup companies with any base tech business model can benefit from the PieceX marketplace by making use of its solutions, whether it is by purchasing source code to lessen the time and cost of development or by selling their source code for limitless profit.

Find our more about the PieceX Marketplace here!

How To Price Your Software Source Code

How To Price Your Software Source Code

PieceX Pricing Source Code with AI Pricing

In the Tech Industry, selling software components or Source Code is a lot like selling a business. This may sound questionable, but hear us out.

The Source Code your company’s Dev team worked so hard to develop is not simply a software product. Depending on its features and size, it could potentially be the base of an entire business and could potentially generate massive amounts of revenue in the future.

Now we come to one of the main concerns of a Tech Startup, which is Pricing Source Code. It is no surprise that Pricing Source Code is one of the most confusing things a corporation faces when selling Source Code.

In this article, PieceX, the first AI-powered Marketplace for Buying & Selling Source Code, will take you through the two main methods for Pricing Source Code: Manual Pricing & AI Pricing.

Manual Pricing

To manually price your Source Code, you will need to go through a thorough process that includes multiple steps. Those steps serve as a collective of market research, target psychology, and algorithmics.

If you are not doing AI Pricing, here is a breakdown of how it should manually work:-

  • Measuring Demand & Supply

The first step of the process to pricing source code is to measure the amount of demand your project has versus the amount of supply it already has on the market.

For example, if your project is a POS system with very unique specifics to a certain industry that is heavily reliant on it, you may find that the demand is quite high for it while the supply isn’t common. Taking that into account while you are in the pricing source code phase, it is only natural that this project would be more financially valuable than, let’s say, a photo editing app, which is highly common and easily reskin-able.

  • Evaluating Potential Revenue

Here comes the next step. Unlike AI Pricing, with manual pricing you will need to do a lot of evaluation for your project as a potential revenue stream. This means, if someone buys your project, how much money can they potentially make with it.

Source Code for a transportation system with perfect tracking and payment setup can, depending on the features, be the next Uber, which would make its value as a project very high as it has all the software components and tech basis to compete with major Apps and software.

Evaluating potential revenue using clear cut analysis is essential for pricing source code.

  • Following the Algorithmic Formula

Now that we have clear numeric values for potential revenue as well as demand & supply, we can proceed by moving onto our formula.

This formula is an equation that navigates the value by which the project is equated in the industry with the potential revenue that could come from it. The potential revenue is then affected directly by supply and demand (increasing or decreasing its value based on how much it is needed).

The final price comes from that equation and where it stands amongst the Average Market Price.

AI Pricing

When pricing source code, the previous process requires a heavy accounting team that knows exactly what they’re doing and have a strong tech background.

This is usually not very feasible if you work on multiple projects and need to focus on your company’s tech and production rather than pricing and numbers.

That’s where AI Pricing comes in. The second main method for pricing source code is AI Pricing. In some Source Code Marketplaces such as PieceX, you will find that all listed products are priced automatically through the PieceX’s strongly optimized AI Pricing System.

This AI Pricing System, not only has the ability to analyze the Average Market Price, it also measures demand and supply and equates all factors into the pricing when you are selling source code.

One of the major advantages of AI Pricing is that it not only lists your project with the perfect suitable price, it is also not static. It is constantly measuring market variables and making sure to adapt your project’s price to its current market value.

This is why PieceX adopts AI Pricing as its main solution to pricing source code because it serves as a great tech based substitute to following the heavy manual pricing process and assists Tech Startups and enterprises expand their revenue on the PieceX Marketplace simply and without hassle.

For more valuable information, visit our Knowledgbase and read more!

4 Reasons Why Your Company Needs PieceX Wallet

4 Reasons Why Your Company Needs PieceX Wallet

When businesses grow, they find themselves in a position where their need for technical solutions increases. Their reliance on automation and software/web development reaches highs they never assumed they’d reach.

When that happens, companies (even those completely unrelated to tech) end up having to hire Dev teams. Those Dev teams are often responsible for various different projects that could range from anything: Internal Systems, Mobile Applications, Billing Software, and even in some occasions, Office Games.

However, the development process is long and tiresome so in order to save a lot of resources, many Dev teams worldwide acquire source code online through open-source communities or reliable marketplaces for buying and selling inspected code such as PieceX.

We’ve noticed that a lot of problems have risen in this area. Not only is it that most businesses don’t have enough knowledge in the development sector, but it is often that they manage teams that work on multiple different projects simultaneously. This adds difficulty for them to know which source code to buy and how much source code they need.

This is why we developed the PieceX Wallet. The aim of this wallet is to assist conglomerates and major corporations supply their developer teams with access to our entire marketplace.

Here are the 4 main reasons why your company needs it.

Time Efficiency

Once your business starts working on Software/Web development, or in the case that you are a tech company with many teams, you’ll find that you’re simultaneously working on various projects.

Each one of those projects is accompanied with a team that needs their very own set of resources in order to work. Which means that each team may need to purchase their own source code for their own project.

Now it is very possible for each member of the team to create an account and then head over to the accounting sector in order to get the finances suitable to purchase the source code they need for their project, but in the corporate world, this kind of process is very time consuming, specially if the company is big because they’d have to move through a ladder of hierarchy and cross departments in order to get access to the resources they need.

The PieceX Wallet solves that issue because it allows the company to put a budget in their own account for the entire tech department, giving them the ability to utilize the budget on the PieceX Marketplace to access any and all types of Source Code at all times.

Cost Reduction

Every purchase you ever make online goes through a payment service. That payment service almost always takes a fee for the transaction that you make.

Even your bank transfers are usually accompanied with a fee. In big conglomerates with many projects, it is very common for a team to need a lot of source code for different things, constantly purchasing separate products on the PieceX platform.

Though it may seem minimal, in the long run, the transaction fees that your company pays could add up to a pretty high sum of money that could have been utilized differently for the company.

Once you apply credit in the PieceX Wallet, any and ALL transactions on the PieceX Marketplace have 0 transaction fees, which would save you and your company a lot of money.

Reward Access

Having a budget allocated in the PieceX Wallet allows you to use any and all PieceX rewards. This means you have full access to the loyalty program and can make use of the points you’ve made and make more points as you purchase.

You can also access other rewards such as discounts codes and coupons and apply them into your Wallet purchases.

Team Flexibility

In addition to the resources that you can save, having a PieceX Wallet in your corporate account gives your team the control they need to work on their projects.

This also helps provide them with the trust to choose what they need and access the PieceX Marketplace whenever they want to buy the source code that will help them finish their work diligently, leaving the expertise to the experts.

Conclusion

PieceX Wallet provides a unique solution for corporate and individuals alike, giving them the chance to control their budgets, limit loss, gain easy access to resources, and empower their teams

Visit PieceX Wallet here, and gain unlimited access to a library of Source Code.

You can also visit the blog for more informative articles:-

Top 10 Website templates with source code on PieceX

Top 10 Website templates with source code on PieceX

Top 10 website templates with source code

In today’s digital era, we don’t require the definition of the website. Even a 5-6 year old child knows the term website.  Still to know in technical language, Website is your Web Address for the whole world which is accessible 24X7 by any person using the internet.

Despite the above fact, which is known to every businessman, it has been analyzed that 40%-50% of businesses still don’t have their own website. Isn’t it shocking?

This simply means that every businessman is still not taking the main benefits of getting a website seriously.

It’s important to have website for any type of business in today’s world.

So why you need a WebSite:

1. Buying Decisions Starts on the Internet

Today 80% of buyers start their purchasing from searching on Google or another search engine through the internet. Buyers have developed habit of checking reviews of the product before they actually buy.

2. Your Online Presence

The website is your online presence, it is deemed as the face of the business and organization.

Good looking web pages, easy navigation, beautiful images, quality content, etc are the most important ingredients of a website to attract consumers.

3. Make You Trustworthy

The website is your web address where the prospective buyer can come to know more about you and your product or services. They get to know about the quality of your products & services. They can send you inquiries through your website. They can verify your authenticity.

Having a website looks you are established and ready for sale.

4. An inexpensive and effective marketing tool

Having a website is very affordable nowadays. The cost and quality of the website depend on the knowledge, creativity, and experience of the Web Designer or Web Designing Company you choose. For example, You can buy Website template code from PieceX starting from 10$ depending on type of your business and your requirements.

5. Saves Money

You can show your brochure or catalog online. It would save your money on the printing and distribution of Brochure.

6. Increases Revenue

As a website is accessible 24X7 by anyone from any place through the internet it increases the revenue. Buyer can buy any product or services through your eCommerce Portal or website at any time even when your working hours are closed or even when you are sleeping at your home.

7. You can integrate your website with Google Maps so people can find you more easily

A website lets you embed maps directly into your content. Some businesses, like STEAMLabs, have a map embedded directly onto their home page:

No Website Means Losing Business 

By now it’s clear that if you don’t have a website, you’re missing out on opportunities for customers to identify who you are and if they want to spend money with you. This said, if you have a bad website it is better to have no website. While no website equals missed opportunities, a bad website can actually be worse since it literally makes your business look bad.

In short, websites are important for:

  • Sales
  • Social media
  • Search engines
  • Advertising
  • Customer service
  • Visibility
  • Credibility

With so many website template available on PieceX, for you to customize for your unique business, there’s truly no excuse for your website to look unprofessional and sloppy. 

Checkout below ready to use website templates with source code on PieceX.

Build a great looking website for your emerging business today.

1. Movie Website

Movie Website With Code

Movie Website With Code

This website was created using python flask for backend and javascript, html, css for frontend and also sqlite3 database.

Features:

  • Users can watch movies, tv shows or even news on this website.
  • The home page has a slider that recommends the latest movies and tv shows on the website.
  • Movies and Tv shows have a box with youtube trailers for users to watch before they start to watch the actual movie or tv episode.
  • When watching an episode, there are two buttons with links for the next and previous episodes.
  • Movies and Tv shows have a description box for describing in short points what happens in that movie or tv show.
  • Has a suggestion box for users to suggest a movie or tv show that isn’t on your website by sending an email to the admin of the website.
  • Has a search engine for users to search movies, tv shows or even specific seasons or episodes of that season.
  • It is a responsive website, so it is compatible for all kinds of devices.

2. THUNDER LAND Multipurpose HTML5 CSS Js Website Template

Multi purpose website with code

Multi purpose website with code

THUNDER_LAND is a Multipurpose Template

a. Can be used by businesses looking to sell their tickets.

b. Or Someone who wants to show off their services.

c. Can be used as a business, portfolio website.

Key Features :

1.Easily Customisable

2.Free Google Font Used

3.BLUE, BLACK & YELLOW Color Accents for an Awesome Look

4.Responsive Cards Used

5.Contains 4 Pages

6.Clean and Simple Style

7.Fully responsive design easily and efficiently scales your project with one code base, from phones to tablets to desktops.

8.Clean design focused on good readability

9.CSS Animation

10.Striking Design

11.Portfolio added

12.Documentation

13.Files Included -html, css

14.Pure HTML5, CSS, Js used

15.Compatible Browsers IE9+, Chrome, Safari, Opera, Firefox

16.CSS3 Animations

17.Flexible and multi-purpose

18.Dark Themed

19.Quick Font Change Option

20.Suited for Businesses and Ticket Selling Professions

3. E-Commerce Website

E-Commerce Website with Code

E-Commerce Website with Code

It is an e-commerce website developed in Php language. Using the ThemeForest premium theme . The following languages are used to develop this website.HTML, CSS, BOOTSTRAP, JAVASCRIPT, JQUERY, PHP,MYSQLI. It has an admin panel from where admin can control the whole website and also manage it. From the admin panel, you can change anything of the website its slider, the home page, about page, products, etc. You can add new products to it. Check their status and also edit and delete them. You can manage your orders from there. You can check you earnings also. It also has a user panel from where the admin approved user can sell products and earn.

4. Car Rental website

Car Rental Services Website with Source Code

Car Rental Services Website with Source Code

Car rental website / template with rental booking for customers & admin panel for admin with database.Here, User has to Login To book a car. The user can search for cars easily and book. For bookings, the user has to provide information such as Booking Dates and Text Message. All car details are provided and it also includes Car’s feature and Overview. The user can also post their Testimonials and the user can update their Profile as well as passwords anytime they want from the site. Admin can Add/Manage car brands, manage vehicles, bookings, testimonial, pages and many more. It’s easy to operate and understand by users. This site makes customers easy for car rental. The design is pretty simple and the user won’t find it difficult to understand, use and navigate.

Key Features:

Login/Register System.

Easy Bookings.

Create/Manage Brands.

Post/Manage Vehicle.

Manage Bookings, Testimonials, Contact Queries, Pages.

5. Max Grocery and Vegetable Online Website PWA App Android App with Admin Panel php responsive 

Grocery and Vegetables Website with Code

Grocery and Vegetables Website with Code

Ecommerce  responsive marketplace developed using php, SQL server, Bootstrap. It is tested and ready to use for your ecommerce store.

What you will get :

  • Complete source code
  • Full Database
  • HYBRID USER APP(ANDROID)
  • WEBSITE
  • ADMIN PANEL
  • admin app(third party -allready on play store)
  • Front View Features
  • Eye catching landing page
  • Chatting System between vendor and buyer
  • Customer Registration and Login
  • Guest checkout
  • Search Products by Brands
  • Search Products by Keywords
  • Search Products by Price
  • Product Sort
  • Product Display by Latest, Best, New, any customized Tags manage by admin
  • Product Detail page, Responsive Product Gallery, zoom effect
  • Customer can select product size, color or any other specification related to product
  • Customer can add product reviews
  • Add to Wishlist
  • Shopping cart management while browsing the products
  • Last products views shown to customer for easy recall
  • Payment gateway, Cash on Delivery, Credit Card,PAYTM,RAJORPAY,PAYU,INSTAMOJO,PAPAL & 100+
  • Order Invoice to customer
  • Order history for customer to check the order delivery or in process or cancel status
  • INVOICE & SHIPPING LABLE PRINTING
  • Forget password
  • Change Password
  • Admin View Features
  • WEBSITE CONFIGURATION
  • Log Setup
  • Company setup
  • SEO Meta tags
  • CONTENT MANAGEMENT
  • Can create new pages
  • Add content to page, such as terms and conditions, privacy policy or any other new static pages can be created in admin panel for front view
  • CAN UPDATE CUTOMER DETAILS LIKE PASSWORD AND
  • AN BLOCK CUSTOMER
  • SOCIAL MEDIA ACCOUNT
  • Can update their social media account links on website
  • ADVERTISEMENT MANAGEMENT
  • Can add new banner for home page
  • Can add banners or advertisement for header or other sub pages
  • CATALOG
  • Product management
  • Categories management
  • Brand management
  • Product attribute and specification management
  • REPORTS
  • Customer management
  • Order report
  • SALES REPORT
  • CUSTOM REPORT

6. News Website Template :

This project uses HTML, CSS and JavaScript to provide a simple to use template for making websites like this. Frameworks used are Jquery and Lity.

Make your own news website for general or specific niche news!

Simply buy and download this template and get started. It provides everything you need.

Features : 

  • Fully working database.
  • PHP interface.
  • HTML & CSS structure.
  • Using MySQL.

7. Small Website Template 

There are big websites and there are are scrolling pages that only cover one simple page, but in between exists a space for everyone who has a little more content to show than just a simple flyer of information or advertising. For example small businesses or private websites.

This project uses HTML, CSS and JavaScript to provide a simple to use template for making websites like this. Frameworks used: Jquery and Lity.

Single Page JavaScript templating. Dynamic content injection:

We use templating in JavaScript, meaning the entire content of the website ad every tab/page is contained within the JavaScript file, inside the tabs variable, which is a json variable.

This way we only have one HTML file with the structure, we never have to reload, single page but we also don’t need PHP, any server side code or any other frameworks. 

8. Marketing Website Template

Marketing Website Template with Source Code

Marketing Website Template with Source Code

This project is a marketing page, layout / template using HTML, CSS and some JavaScript. .

Creating a marketing page for a product, service or company is very easy and will be very quickly accomplished, using this template.

Features:

  • Single page
  • All scrolling
  • Big slides with full-size background images
  • Colors, alignments, images easily changed.
  • Slides with multiple sub slides, horizontally
  • Animations that trigger upon scrolling down to the content

9. Hotel Booking Service

Hotel Booking WebSite with Source code

Hotel Booking WebSite with Source code

Hotel web template with room booking facilities , admin panel & database.
you can host this to your server.  Fully responsive. Best designed & developed. This template contains about us, home, rooms, galleries, queries, room booking facilities, header, footer, subscriber form . Awesome hotel booking website get view & attract more &  more customers.

The Hotel Management System In PHP is a simple project developed using PHP, JavaScript, Bootstrap, and CSS. The project contains an admin and user side. The admin side manages all the management like managing bookings, checking profit, payment, adding and deleting rooms, and so on. The admin has an important role in the management of this system. For the user section, the users can go through the homepage, about, services, rooms, and contact us pages. The users can book the room as per their requirements from the room page. This project makes a convenient way for the users for making bookings and the hotel for managing the bookings.

10. Finance banker website template

Finance Banker Website

Finance Banker Website

It is an excellent solution for banks and other financing businesses that are in need of a solid online presence. Also, with Banker, you get to establish a one-page website, offering everyone to learn all about your business in just a few scrolls. In short, the experience will be first-class, and that is a guarantee.Banker comes with a full-screen banner, text slider, sticky navigation, on scroll content loading, filterable portfolio and pricing tables. 

You will also find a multi-level drop-down menu, blog section, functional contact form and social media icons. Banker is a Bootstrap template, too, with a flexible and fluid structure. Your banking website will run flawlessly on all devices and browsers,

 

For any further information contact us on supportcenter@piecex.com.