I have a SaaS idea, but its from another developer. I mean, he is charging $199; I can do it and even sell it for $10. But feels odd to just copy his idea.
He made around $10K+. Its a SaaS starter template. All the features are just basic features, he just made a wrapper around everything.
PS: The code and everything, I can do it on my own.
If you both solve exactly the same problem, why would you sell it for just $10 when he can sell it for $199?
From experience, it’s easier to find 1 customer at $100 than 10 customers at $10. Also, I have noticed that customers who pay a cheap price require more support (questions, complaints, feature requests) than those paying a high price.