I was checking Kickstarter today and found this: https://www.kickstarter.com/projects/land-boards/pisoc?ref=home_recs.
The project incorporates PSOC 5LP from Cypress on a custom hat. What do you think?
I was checking Kickstarter today and found this: https://www.kickstarter.com/projects/land-boards/pisoc?ref=home_recs.
The project incorporates PSOC 5LP from Cypress on a custom hat. What do you think?
That EEVBlog article is actually a follow up on Nathan Seidle's “The Pit of Despair”.
I'm reluctant to post links of an article hosted by one distributor (SparkFun) on the formum of another distributor - but in this case I hope that the context makes it relevant and OK.
Doug, consider for example the PI case for the 7 inches touch screen. I have bough some of the already sold around including the best (now new models has arrived). I have analysed how these was though and I found some terrible project errors, making them almost unreliable and useless. Then I designed one and created some prototypes. Initially part of these was built with 3D printed ABS and a part on acrylic created with a mill machine. Then I produced a second version design full 3D printed to reduce costs and optimise the production times. The result is as shown in the following links:
Raspberry PI Touch Screen Frame and Case Assembly Guide (instructables)
Essential Raspberry Pi Peripherals #2 (annex 1): Making a custom frame for the 7" LCD touch screen display (on Element14)
Add to this frequent links on Facebook, Linkedin (has a reasonable visibility), Google+ and other socials. In the meantime the product has been put on Drobott market (you can find it at the following link: https://drobott.com/item/129/Raspberry-PI-7andquot-Touch-Screen-Display-Custom-Frame-Version-2 )
Note that on all the referenced articles there is a Drobott link with a discount bonus.
If you search on google the keywords "raspberry touch screen frame" the mentioned articles are the 4th and 5th respectively
After a while, I increased the attention again when I published the article about one application: the Pi Scope that you can find also the articles
Essential Raspberry Pi Peripherals #5 The Pi-Scope lab tool
That uses just this product for a (I think) semi-professional application.
I hope that this disassembled example can be sufficiently clear. In theory, the next step (but this is not the case for this product) will be to expand the market reinvesting the earning, maybe advertising somewhere or finding a distributor etc.
Enrico
I've seen both methods get used. Typically the more traditional companies used to just apply a multiplier (e.g. just times it by 3) to COG for the more mundane products or ancillary ones or ones with little manufacturing effort (e.g. spares). However that method makes no sense generally, where normal marketing suggests that you should always charge what the market can bear, hence the reason for dealer agreements, artificial difficulties imposed to restrict grey imports occurring, etc. There are some exceptions to this, e.g. as I understand Starbucks tend to charge the same regardless of country. There are also some legal exceptions in limited conditions, because unfettered enterprise isn't always good for society. I'd hope there are also moral exceptions, not everything needs to be prescribed.
For example, (in some countries) legally you must not mislead people and falsely state an item is on sale to persuade them of some value that actually doesn't exist, nor can you charge anything you like to renew someone's land/property lease (under certain conditions) nor can you charge anything you like if a customer is genuinely dying of thirst and you happen to run a store selling water. Sad of course that such things actually need legislation, i.e. we cannot always trust people doing the right thing.
I like that the article mentions reasonable limits and that huge mark-ups are not possible if your customers are clued up (morals would dictate limits too, but we know that not everyone has these).
What the article hints at but perhaps is better to be made clear, is that even if you follow such guidelines and price at (say) 2.5 times COG, doesn't mean it is fairly priced. You can't make that decision without seeing what the competitive products are doing and how they are priced. You could seek differentiators like 'ethically produced' or 'organic' or 'hand-made' where the market is willing to pay extra for this. Is it fair for workers to earn next to nothing so that businesses can make more revenue? No, but equally is it fair to sell to a inexperienced customer base at a high mark-up to benefit yourself and your family?
Is it fair that Kickstarter only shows the actual profile of backed projects and actual backed sums of money that is hidden a few clicks away that an inexperienced customer base may miss?
Fact is, some products are just not viable if you want to sell with responsibility to your customers. As an example, I've worked along with a couple of friends and designed a product. It costs very little to manufacture. However, it makes no sense to sell it with a sufficient mark-up to be profitable yet be overpriced, nor would we want to price it at some amount that would be gouging customers anyway. So we have to look at different ideas, such as take a hit and just release it as an open source project so at least people can benefit from it. Or think of clever bundles or alternative ways to add value to it so that the customer benefits and it becomes a viable product. Unless we do that, the product cannot be considered a good product. It can be technically wonderful, the best in the world, but it is still a bad product if it cannot be manufactured and sold at a reasonable price and to that I'd personally add that morally it ought to actually provide a reasonable amount of value to a market that is larger than just inexperienced customers. As an aside I feel extremely uncomfortable that some deliberately information-hide, e.g. sanding off chip markings. There was a time manufacturers were proud to supply schematics or at least service manuals. Some manufacturers still do. Anyway, that's a digression.
Thanks Enrico,
Great example of pre-marketing of the sort of project that can be marketed in that manner. Releasing the STL files so someone could make their own is a good OSHW approach. If I had a screen like that and I saw your STL files I could print it on my MendelMax 3D printer. I have placed similar things on Thingiverse myself.
If you don't mind can you talk about your costs and number of units you have shipped? I am looking for illustrations of your principles earlier. How was your own pricing model utilized? From what I can tell it looks like a few 3D printed pieces of plastic and some screws so the material costs can't be more than a few dollars, right? And your sell price is $18. How did you arrive at your sell price?
Also, it looks like an Adafruit product which sells for $3 less. Perhaps you got there first or yours is better in some way.
Doug
Enrico,
Or, how about your https://drobott.com/item/170/Programmable-Circuit-Health-Controller-Arduino-Compatible product?
I'd be interested in the use-case for that product and how you arrived at your pricing model for it.
You are asking $36.99 for an Arduino compatible with a couple of [presumably] Chinese shock/temp sensors? I am trying to do the math for it but I don't see $10 worth of parts there. No mounting holes. A PCB that looks nicely hand made but with no solder mask.
Thanks,
Doug
Shabaz,
Can you point me to some products that you are selling? I'd like to see an illustration from your own work of the things you are saying.
Doug
Hi Doug,
I've provided some high-level marketing information in my last post, and provided some examples. However if you need further detail then I'm sure there are plenty of marketing case studies online for those interested in studying further.
I'd love to help, but I'm all about giving priority and my time to helping fellow engineers or those with an interest and passion for engineering or those who might think to support hobbyist/enthusiast projects on Kickstarter and need it examined (Kickstarter by its nature relies on the community as the feedback loop), I'm not into providing business or sales advice, and am very critical of Kickstarter projects (and I suppose their creators) for example if I feel they are misleading or are not in the best interests of the community or general public.
I will not suggest you have been misleading. However with regards to my time and priority I think the road has been travelled for long enough especially when I look at the 12 projects visible on the link highlighted in red below, and everything I read so far in this thread.
I hear where you are coming from. I was an expert on children until I had some myself.
Doug Gilliland wrote:
I hear where you are coming from. I was an expert on children until I had some myself.
Sticking to the point at hand and ignoring any innuendo (because it is not a great way for a Kickstarter project creator to correspond to members of a potential market), first-time backers, young adults (perhaps children if their parents allow them to use Kickstarter) might be inexperienced enough to not examine the creator profile.
The creator profile is typically all that potential backers have to go on; it is also a sign of whether a project creator has supported the Kickstarter community in backing projects too. When all twelve are unsuccessful, I hope potential backers do examine them to make up their own individual minds.
Just for disclosure, I have backed projects with actual funds several times; twice for Kickstarter (both were successfully funded) and once with Indiegogo (a higher risk, but it did deliver). Just one of the ones that I backed was unsuccessful in attracting the full funding.
I just did a quick survey for myself to check the substance of your comment. 3 of the top 4 Tech kickstarters running now have backed 0 projects. The other has backed 1 project. Apparently, it's not a big factor in success at all.
Sure, I backed some losers. I thought the Rocket Powered Bike was funny and I respected his sense of humor. The metal detector video series would have been interesting. I watch the similar show on TV. Lettuce reminded me of a pet rock. Blows my minds when I have had to retool certain projects to fit the criteria of the screeners and that one got through. I thought they deserved credit for that.
Arachnio as a fantastic serious project. I hope that the guy retools and re-runs the project. 3D Printing vintage bicycle parts would have been a good concept. Unfortunately most Kickstarter projects fail. I don't just back winners. I back anything that strikes my fancy at the moment.
I would hope my backers who look at my track record for completing projects on time. I am sure you did look at that but had nothing to say since there wasn't anything negative you could find there. I am sure with some effort you could tell me what I did wrong on all my projects so far.
I guess I'd rather be someone who tries and fails than someone who sits on the sidelines and criticizes those who are trying.