A data product is getting expensive before launch
The writer is building a stock-related data product for algo traders, brokers, and stock information sites. They also plan to offer it through an API or agent integration. During testing, the product processes a lot of data, and storage costs are rising quickly. They worry that a free trial or free tier could create large CPU costs before sales begin.
Key points
- The product is based on stock calculation data.
- The planned customers include algo traders, brokers, and stock information sites.
- The writer says storage costs are already rising during testing.
- They are worried that a free trial or free tier may create too much CPU cost.
- They feel they may need income or user interest before a full launch.
Quick term guide
- integration
- The work of connecting one tool or service into another product.
- testing
- The process of checking that software does what it's supposed to do, usually by running it and looking for errors.
- free trial
- A limited time when someone can use a product before paying.
- free tier
- A set amount of usage a service provides at no cost before charging begins.
- business
- An activity where you provide value to others in exchange for money.
- launch
- A launch is when a product or service is publicly introduced and promoted.
- users
- People who did more than visit and actually used the service.
- paying customers
- People who pay money to use a product or service.