- Joined
- Oct 1, 2011
- Messages
- 287
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- 18
Make a jacket one and ebay it for huge profit!
edit: crap
edit: crap
Last edited:
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Do it. Buy 10 532nm modules for under $10 each. Budget $0 for a set of gloves and $0 for a battery charger. Then take your dirt cheap green modules and tie them on with string to your fingers. What have you got now?Ten 5mW 532 modules, a battery back, and a reed switch clock in at under $100. I realize that profit comes in to play, but you're looking at $100 to $150 max in cost. What's the other $750 going towards?!?
I think you may need to massively re-think your price point. Cool as these are, if someone else can build and sell your idea for a quarter of the price and still make a profit, you've got a bad business plan. That's business 101.
You don't find quality at the 99 cent store. If you're a 99 cent store kind of guy then go ahead and make a set. You won't be competing with me though.. you'll be competing with those other cheap sets I linked to. You know, the ones with reviews like "I just took them out of the box and the glue is already starting to come undone." That is what I call a bad business plan.
That said, what you guys might have missed (rhd, Ghostcrome) is that chances are Ablaze's customers are the same kind of guys that spend $300 a bottle+ at clubs. So in his case the price point might make sense because of the rather ignorant customer base.
If Ablaze is charging $899 for these, and able to sell them at that price, then IMO for him it's a great price point.
It's easy to imagine you could make things for cheaper rhd, but as I tried to tell you: If you buy crap and put in a glove the end product sucks. It's not at all like laser pens.
Currently it costs ~$300 in parts per set. Each set requires ~15 hours of assembly time. For amortized r&d costs we can cut corners and simply add $20. Marketing and legal cost a bit more, but lets factor that on the cheap as well and call it $40. At this point I don't know the cost of warranty service, but I'm estimating ~$100 per set.
So this leaves me with 18% profit margin. Considering that I plan to offer up to 10% to distributors and/or coupons that leaves me with a cool 8% in cold, hard profits.
15 hours per set of assembly
Also those don't look like cni modules... so I'm wondering why your material costs are so high.