![]() They answer all the big questions before they start sinking resources into fully developing the product. ![]() ![]() That’s not the way experienced tech companies do it. ![]() After all that’s done, they go back and start figuring out how much it’s going to cost to manufacture. Unfortunately, many entrepreneurs make the mistake of first fully designing their product for production. Manufacturing cost is something you need to know as early as possible. The manufacturing cost is going to determine how much profit you will make and how much you can sell it for. Ultimately, one of the most important questions you want to answer is how much will it cost to manufacture your product. – How much will it cost per unit to manufacture your product? – What is the cost to scale from a prototype to volume manufacturing? – What is the cost to develop your product? – Is it feasible to manufacture your product? – How difficult is it going to be to develop your product?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |