1 minute read
final pattern
costing
Cost worked out on a per item scale, rather than per batch of 10. This means i am not including the excess material bought due to minimum order quantity.
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Desserto Stiff (Black)
Adding up total area • 220x85 • 80x51 • 25x60 • 120x85 • 80x51 • 25x60 • 125x85 Total = 50685mm2 Material purchased at $25/LM (1.4x1m) Total Price = $0.90 = £0.67
Desserto Knit Backed (Green)
Adding up total area • 115x55 • 115x40x2 Total = 15525mm2 Material purchased at $26/LM (1.4x1m) Total Price = $0.29 = £0.22
3D Printing
Initially costed by Maryam at HP, however this part was scaled by 80%, so I am scaling costs equally. Hinge housing - Initially cost as £1.13, new price £0.96 Hinge Sides - Initially cost at £3.33, new price £2.83 x 2 = £5.66 Pins - Based on the volume compared to other costed prints = £0.04 x 4 =
£0.16
Other
Rivets - £0.10 x 4 = £0.40 Thread - £0.05 x 2 = £0.10 Material Wastage = £0.20 Packaging = £0.40
Grand Material Total = £8.37
Costing out two potential price points. Aiming to make a profit of between £7-10.
Price Point 1
£20 -15% GSA commission = £17 -£0.60 BigCartel handling fee = £16.40 -£1.64 First Class large letter post = £14.76 -£8.37 Material Cost = £6.39 -£0.40 Packaging = £5.99
TOTAL PROFIT £5.99
Price Point 2
£25 -15% GSA commission = £21.50 -£0.60 BigCartel handling fee = £20.90 -£1.64 First Class large letter post = £19.26 -£8.37 Material Cost = £10.89 -£0.40 Packaging = £10.49
