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Charles Murray
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Blogger
Production volume
Charles Murray   10/8/2012 7:10:01 PM
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Pete, any idea what this product might cost in larger volumes?

pete.cross
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Iron
Re: Production volume
pete.cross   10/12/2012 3:28:44 PM
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Hi Charles,

If we take the pressure sensor out, and change some of the parts, the total BOM cost is $22, quantity 10K.  

Charles Murray
User Rank
Blogger
Re: Production volume
Charles Murray   10/18/2012 5:42:37 PM
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Thanks, Pete. At that cost, I would think pet owners would snap these up.  

mrdon
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Platinum
Re: Production volume
mrdon   10/19/2012 1:30:03 PM
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Hi Pete, This is a cool device! The design documentation is very comprehensive. Is the objective behind the wearable computer development is to manufacture and market it to pet owners? As Charles question in his post what is the piece price for the device?

pete.cross
User Rank
Iron
Re: Production volume
pete.cross   10/20/2012 2:30:49 AM
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I'd like to be clearer on the price I stated in my reply to Charles:

 The $22 BOM price is the cost of buying the parts.  That is an accurate estimate.  I can't say what they would retail for, but typically, you would multiple by at least 8 for a product that does not yet have too much competition in the market place.

 If the product is in a competitive product category, it may still cost at least 5 times the BOM price to the consumer if it is regarded as superior.  The BOM cost of an iPhone 5 is $200, and it retails for almost 5 times that.

 I would love to develop it into a product, but I don't have the resources to do so.  I am happy to give free advice to anyone wanting to go ahead with it.

mrdon
User Rank
Platinum
Re: Production volume
mrdon   10/20/2012 6:44:11 PM
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Hi Pete, Thanks for the answer. if your interested in exploring product manufacturing, Kickstarter.com might be a solution.



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