AhHA! Just read this. I guess I was on the right track, after all! Best of luck in this. I'll say it again - find that sweet spot of lowering the cost without sacrificing quality (it CAN be done) and you'll be in business.
Custom Storage Cabinet for 80 Series
- Thread starter ChefFZJ80
- Start date
AhHA! Just read this. I guess I was on the right track, after all! Best of luck in this. I'll say it again - find that sweet spot of lowering the cost without sacrificing quality (it CAN be done) and you'll be in business.
trump
Adventurist
LOL! You must be a motivational speaker or a comedian.
You hit the nail on the head.... I'm working hard to source materials at a lower price and enough interest to justify my investment. If I can find those both then I hope to get the cost down. Ideally $1000-1200
And you must not be a business owner.
trump
Adventurist
In my experience with custom built items cost is often cut by the builder cutting his own hourly wage. Not the greatest business model IMO.
Then people need to think outside the box a little more. Sounds like the OP is trying to do just that:
A good business model is offering the right product at the right price. Sometimes (textiles) this means offering cheap products and cheap prices and selling in mass quantities. Sometimes (carpentry) it means spending days on one item and selling for a premium. And sometimes it means finding a compromise - all depending on the market and how good you are at knowing yours.
If ChefFZJ80 learns his market and adjusts his products and prices accordingly, he has a good business model and a chance at success, whatever "success" means to him.