I'd never heard of your company but this service looks GREAT.
I wish you financial success.
Question: your price points are sooooo low (which is great for the consumer) but I get concerned it's too low for your company to stay viable. Is that a concern? Please don't take this an me knocking your company. I really love what I've seen on your site.
The point of the pure text recognition service is to draw business; not to make a profit. Without the "Advanced Features", the service operates at a slight loss. However, the profit margins and total volume we do on "Advanced Features" covers the loss and turns a profit.
On the Hydra (Documents-to-Database) side of things, I think we charge enough. Margins are very high.
If your customer is someone who previously had a team doing manual data entry, this pricing certainly leaves a lot on the table. I would imagine most customers being happy to tolerate a 10x increase in price without breaking a sweat, assuming there's no one else in the space offering a cheaper solution.
I can't imagine a use case where I'd be willing to go the hassle of paying $0.50 for 1000 pages but wouldn't pay $2.50 or more for those same 1000 pages.
It would take me probably an hour or more to scan 1000 pages. Given that, I don't see a significant difference between spending "an hour plus two quarters" and "an hour plus ten quarters".
I'd never heard of your company but this service looks GREAT.
I wish you financial success.
Question: your price points are sooooo low (which is great for the consumer) but I get concerned it's too low for your company to stay viable. Is that a concern? Please don't take this an me knocking your company. I really love what I've seen on your site.