Squirrels have fuzzy tails.
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Lets say it costs $35 per board to make. Then lets say you make a tiny batch of 100. Thats already $3500. Tongue
Lets say it costs $35 per board to make. Then lets say you make a tiny batch of 100. Thats already $3500. QuoteMy problem is I have to sell 14 boards just to break even. If I can't sell that many there is no reason for me to sell any at all.Experience. You'll learn a lot, even if it was a financial failure.
My problem is I have to sell 14 boards just to break even. If I can't sell that many there is no reason for me to sell any at all.
QuoteLets say it costs $35 per board to make. Then lets say you make a tiny batch of 100. Thats already $3500. Tonguenot true if I make them to order. I plan on buying a ton of pcbs, but only a few parts at a time. This makes the total cost of a single board higher, but my potential financial loss is much smaller. I'm soldering stuff by hand not sending it out.
but try to go for price breaks on the parts for bulk buys, if you are only going to get 20 of a part that is ~$18 and there is a price break at 25 pieces that takes it down to ~$17 consider saving up a bit more to get the better deal.
I greatly appreciate your input. I was hoping I would get a bit of criticism too. Do you have any other suggestions?
Well, if you don't have confidence in your own product, thats a bad sign already Tongue
Also, if you do a plot of cost vs # of units made, you'll find that anything below 100 units won't be very profitable. When I did the math for the Axon, I calculated I'd still break even given worst case scenario. So I took the risk . . .
yep I have #4 covered too I have access to a reflow oven and I can also get cheap stencils
And #5 is a result of 3.
Hand doing those boards won't be easy. If it took you say 35 minutes to solder, pack, program the bootloader/fuses, test for failures, accept orders, and mail each item, and did 100 units, thats 58 hours of work (an average worker does 40 hours/week). How much do you value your time? TongueWhen you get your first prototype, time how long it takes to do all the above. Its no small number! Basically, #4 means 'designed for manufacture'. One advantage of the Axon II over the original is that it'll take me about ~5+ minutes less to manufacture each one. A huge amount of time considering my sales Tongue
And #5 is a result of 3.Not really. You can give up profits to improve sales. TongueIf you sold 1000 units but made only $50 in profit, you failed #5. Grin
I think you should still try to sell your board design because there are people out there who just can't solder. I find the soldering relaxing because I will start singing songs while I am soldering. I was singing the stupid armour hot dog theme the other day when I was soldering. There are a lot of newbies on this site and I know that they will be looking for something that is better than the $50 dollar board, and I think you have it. Some of us don't know how to design a board and may take a look at your board and think to themselves, "self, I made my $50 dollar board, but I don't know/want to make a better one from scratch, so I think I will spend the fitty and get this one." In a nutshell I think you should go for it. Like you said, your a student, so what else do you have to do besides drink beer and party???
Like you said, your a student, so what else do you have to do besides drink beer and party???