That's the biggest challenge - you can't capture all the value that you're providing your clients, otherwise there's 0 reason to use your product over either
1. Building it inhouse
2. Using someone who is capturing <100% of value provided.
Then the only "moat" you have is lock-in, but clients tend to not like that, and you're squandering your reputational capital.
1. Building it inhouse
2. Using someone who is capturing <100% of value provided.
Then the only "moat" you have is lock-in, but clients tend to not like that, and you're squandering your reputational capital.