K
koolaid_kid
Guest
I'm an engineer also. I am fully aware of recurring and non-recurring costs. A swag at prices is just that, a swag. Until a unit is diagnosed, no real costs can be estimated.I'm an engineer and had my own company producting H/W and software and I have looked into it but it just doesnt make economic sense to redesign when there is such a nice part avaliable. If you are a student and want to do it as a hoppy, and your labor is free (because you will probaly spend 200 hours if you get help) you are probaly also going to be looking at a kluge design which is much larger than this one. This is a electronic design/ thermal design and packaging problems.
If you knew you could sell 1000 minimum, then I would probaly go ahead and do it.
I would it would take between 80-120 hours to put together a build to print package that has been tested. Typical billing rates for engineering are almost always over $100 per hour. So you are looking at a minimum of $10K to design such a thing in NRE (non recurring engineering) and then you can start producing them how many you want to buy?
To produce 1000 units would still probably cost you $50 per unit. So figure $10 per unit NRE plus the $50 you are looking at a whole sale cost of $60. Put them on sale on E-bay for $100 give ebay 10% and you are netting $30 per unit ($30K) for a part time job and $60K investment. It would probably take 6-12 months to sell them. I make a lot more money than that in salary and there is no risk.
If there is someone that is an experienced power supply guy and they want a hobby with a moderate risk business proposition then maybe.
Thats enough of the business plan to realize it would take a significant commitment to do a redesign and $170 delivered for a nice commercial product looks great to me.![]()
Your post suggests that they are making 200-300% profit, which was my point.