AWS Marketplace offers a great cloud storage platform for the developer in the early stage of their project. The best part of AWS is that it is a pay-per-use service that allows universal access to computing services. However, for the early-stage developer, onboarding the AWS marketplace can be a daunting task.
Most people might be wondering why to sell on AWS market place. The answer is simple, if you somehow manage to land your software on the AWS marketplace, you can reap higher profits.
AWS marketplace allows the seller with a platform where they can showcase their software for the audiences. And in case if you are a customer, AWS marketplace allows you a platform that acts like one shop for all.
Despite being one of the best platforms to showcase your products and services, there are some flaws you need to be aware of. Here we will discuss the mistakes that you need to avoid while selling your software on AWS.
What Are The Mistakes You Need To Avoid?
Today most industries are taking help from the cloud computing system to govern their institution. With soaring demand for cloud services, the AWS Marketplace is a platform for sellers and buyers. It offers a common platform where sellers can sell their products and services, and at the same time, customers can go through the catalog and get the product and services they need.
However, as this is a new field to venture into, there are still some problems regarding the AWS marketplace. Despite the problem, calling them mistakes will be more appropriate.
1. Picking Oversized Instances
This happens all the time. Whenever there is a new seller on the AWS marketplace, they overestimate their business and pick the oversize instances. AWS marketplace offers flexible instances to ensure the business can work properly with their products and services. But we have seen people select instances higher than their capacity.
This poor selection costs their business and has high charges, which eventually lowers the revenue of the business.
2. Unused Reserve Capacity
Reservation is one of the best ways to optimize your AWS costs. However, the flaw with this method is that you need to have high accuracy in terms of selecting the reservation space. In the worst-case scenario, you have reserved more than you need, and when you decide to sell them, you need to pay extra charges.
Reservation does not affect your monthly bills, but reserving a space that will not be used anytime soon is similar to buying an empty box that will never be used.
3. Lacking RI Strategy
Purchasing the RIs is only the beginning. Once you are done with this step, you must have a groundwork plan to monitor RI utilization and modify unused RIs.
When you purchase RI and have no plan to properly use it, you risk wastage. The prices break as the individual accounts are linked to it. Hence, the unused RIs cannot be used to share.
4. Enforcing End-User Compatibility
While at the AWS marketplace, the AWS cost governance best practice states that your organization should formulate the terms and conditions around the AWS effective policies and governance mechanism around cloud deployment.
The AWS budget helps the users to assign budgets. However, you need to understand that it is just a simple monitoring feature and have no authority over enforcing it.
. Lacks Tracking Instance Uses
AWS keeps on updating its choices for the users. So, you need to be proactive with the instance choices every month. Keep track of how your business is performing and select the instances depending on the size of your business.
These are just the tip of the iceberg. There are other mistakes as well that result in lower ROI. We have highlighted only the most impactful ones. If you are one of the sellers in the AWS marketplace, we would like you to share your experiences with AWS. We are sure your words will enlighten our readers.