Nice work! At $49 you are seriously undervaluing this product. I'd think you could easily charge $395 or more. If I'm looking for a self hosted option for project management, I'm likely in an org w/ some security restrictions, etc - AKA the Enterprise. $49 may even lead me even think it's "too small" to buy if i'm the Enterprise purchaser...
As someone who has sold self hosted software for almost 10 years, there is a whole different level of "hand holding" expected when a customer spends $395 versus $49. We are in the process of re-doing all our pricing with our new release specifically to make the price lower.
When I first decided to start building this product, I had just started my freelance career. I seriously considered ActiveCollab which is in the price range you're talking about, but I just didn't have the resources to buy it. I want this to be accessible to as many people as possible, even those people just staring their business. But I agree, I will definitely lose out on some customers because they think it's too small. Perhaps as the product evolves and includes more features, I will consider raising the price.
I would make the point that it might make sense to leave the initial price point low, and add plugins perhaps or a marketplace, and support options at higher price points.
You can sell the "infinite" (the bits) for low price (price IS different than value), and sell the "scarce" (your time on customized plugins, install time, training, etc...) for more, and the customer will often be very happy with this arrangement.
As well, this should get you more sales, and a larger community. This is an important point to consider, as an active community can often make or break a product like this.
As a side note, I am considering purchasing this for my own consulting use. At that price, it becomes almost an impulse buy. Thank you for making this an option!
You could take out some existing features from the current version in order to sell the full one to a higher price. You are in a competitive market...more money means more dev power.
And you probably want to make sure it has enterprise features, like LDAP/AD integration, etc. (didn't check the features to see if this is there already).
