Most new manufacturers price things too cheaply (source: own manufacturing company). I did so myself 10 years ago, but luckily some industry people convinced me

Most new manufacturers price things too cheaply (source: own manufacturing company). I did so myself 10 years ago, but luckily some industry people convinced me to raise the pricing before it was public. I changed the pricing from $89 to $150 and that was not quite enough, and I raised it a few months later. Cost to produce the product at the time was $50. Now with some automation we can make the same thing for $18, and we can wholesale it for $59. That is after 10 years and thousands of units, so we learned a little on the way. I think this article is a little simplistic about manufacturing costs, but the point is true - raise the price. Sounds like what patio11 says about SaaS products.