And somebody is trying to get a cost of a mold after 1-2 products sold. By the way, why there is a mold involved and how much it costs if it makes a product price almost 350 BP?
I do not know mate. For me it is about $700 AUD. It is just a lot for what it is and what it is made of.
I have been in this situation myself when I was selling my product for about 5 times more than I should have charged it for. I did spend about 3 hours to design it and set a fair price per one item(it was a set of ten timber table numbers)
I was making about $250 an hour on them. I sold about 50 of them over one year and rejected any offer that was more than 10% different from my price. Then somebody copied my design and started selling it for half of my price. They have sold in 100s in a few months and nobody buys them from me anymore, even though my current price is just 15% more.
Another example when one guy started selling one popular product for about $30(they probably made at least $40 per hour on it.) Just in 2 years they sold it on $1 500 000. And this is just through eBay.
Could I make them for the same price? Yes I could, it would make me working harder but it would be still a good profit.
However I did not want to make a price war with these guys. So they ended up making in two years more than I have made in 8 years in total.
All I can say to that is you should have copyrighted and recorded a patent then the next stage would have been court if someone copied your design.
School Boy error as an entrepreneur not to do that.
But here’s the thing, that costs money which has to be recouped.
I have seen so many comments about how expensive this is and I’ll just recap my comments from earlier.
Potential job without cage £600
Turned down because too risky to fly.
£0 earned. Gone home and read a forum.
Potential job with cage £600 or maybe £900 because no one else for miles around you will touch the job because they don’t have a cage.
Job accepted.
Client happy to pay min £600 as job can now be achieved.
Cost of cage £350
Minimum of £250 earned.
Next potential job because the guy recommended you from the previous job £1000 because much bigger project.
Client over the moon that he can finally find someone to take on the job.
Cost of cage already recouped from previous job
£1000 earned.
Total from just 2 jobs £1250
Cost of cage is now no longer an issue and I’m off on a holiday with the money I just earned from 2 jobs I wouldn’t have taken on because I think £350 is too much for a bit of thin carbon.
If you are not a commercial pilot then this cage is not aimed at you it is aimed and not worth having just for recreational flying.
By the way the injection moulding set up cost over £10,000
So considering a company makes a phantom 4 cage for over £800 I reckon £350 is a very reasonable price and am surprised it’s that cheap.
When I receive mine I’ll do a full unboxing, setup and fly video.