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Forum topic by Russ posted 12-27-2010 06:17 AM 1079 views 0 times favorited 13 replies Add to Favorites Watch
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Russ

142 posts in 1921 days


12-27-2010 06:17 AM

Happy holidays to all. I found the following on treehugger and was a bit surprised by the selling price so I would like some feedback from the pros here. What is it worth? I am not being negative, only curious, if others concur with the cost I have to assume I am selling my stuff way too cheap.

If I could fetch the price I could make these all day.
Thanks, Russ

-- Happiness is being covered in sawdust


13 replies so far

View dfdye's profile

dfdye

372 posts in 1759 days


#1 posted 12-27-2010 06:30 AM

Depends on the market, but in a metropolitan “hipster” town, you probably get away with $100 or more depending on the wood. Granted, it looks like it could be made in an hour or two, but that doesn’t always translate into selling price if something is marketed well.

-- David from Indiana --

View Orion Woods's profile

Orion Woods

67 posts in 1491 days


#2 posted 12-27-2010 06:31 AM

I would say that the price is ridiculous but the hipster crowd would probably brag about getting it for such a great price. maybe half that price I could see being more likely, don’t think materials would be so much.

-- Brian

View dfdye's profile

dfdye

372 posts in 1759 days


#3 posted 12-27-2010 06:51 AM

You could always put an iPhone charger slot in the top and charge twice as much! :)

-- David from Indiana --

View daltxguy's profile

daltxguy

1373 posts in 2636 days


#4 posted 12-27-2010 07:01 AM

Make it better and charge the same – One of the things he has not properly accounted for is wood movement. So while it looks nice and clean and simple, he may get some callbacks when the top starts to split in warm dry conditions. ( The original builder is in SF, CA ).
I think $50 would be a fair price for this but I’m cheap so double that for a reasonable margin. If you’re selling to people in NYC who have never seen a tree or who think wood grows on trees, then double it again.

-- If you can't joint it, bead it!

View Russ's profile

Russ

142 posts in 1921 days


#5 posted 12-27-2010 07:32 AM

Thanks for the input. The selling price is $300! Builder says he makes many. I dream of finding customers like this

-- Happiness is being covered in sawdust

View live4ever's profile

live4ever

983 posts in 1732 days


#6 posted 12-27-2010 08:30 AM

I hate hipsters. (and I live in SF…)

Seriously, only in SF and other hipster towns would something like this fly. It would look great next to my $500 distressed designer satchel made to look like I picked it out of the junk pile and hey did I mention my bicycle has no brakes?

-- Optimists are usually disappointed. Pessimists are either right or pleasantly surprised. I tend to be a disappointed pessimist.

View mpounders's profile

mpounders

746 posts in 1617 days


#7 posted 12-27-2010 08:46 AM

Something I observed in the computer business…. it doesn’t matter how great and wonderful your idea is, if you can’t “sell” the idea to someone else. It’s worth whatever you can convince someone to pay for it!

-- Mike P., Arkansas, http://mikepounders.weebly.com

View daltxguy's profile

daltxguy

1373 posts in 2636 days


#8 posted 12-27-2010 09:05 AM

On his website, the original builder was complaining he has too many orders. Obviously he has underpriced it or he has tapped a rich vein of hipsters. Ultimately to balance he would either raise rates or competition would rush in. I say go for it. Remember though that getting someone to pay for something like that means reaching the potential customers – this may be one explanation why he has done so well. Note how many blogs and websites have picked up on his story – he’s obviously plugged in.

-- If you can't joint it, bead it!

View dfdye's profile

dfdye

372 posts in 1759 days


#9 posted 12-27-2010 12:34 PM

Wow. I can’t believe I whiffed on the “fixie” reference. Thanks for picking up the rebound, live4ever. :)

-- David from Indiana --

View bvdon's profile

bvdon

456 posts in 1737 days


#10 posted 12-27-2010 12:52 PM

What’s on the back side of that piece? How does it mount to the wall securely? Is there metal hardware?

-- http://woodwork.me

View bvdon's profile

bvdon

456 posts in 1737 days


#11 posted 12-27-2010 01:01 PM

Found it… metal hardware. Probably easy to find at HD.

Yeah – it’s a great idea, and the guy’s interests make it easier for him to market to the right audience.

Diamonds beneath your feet… just find an original idea.

-- http://woodwork.me

View bigike's profile

bigike

4033 posts in 2011 days


#12 posted 12-27-2010 02:25 PM

cool idea

-- Ike, Big Daddies Woodshop, http://www.icombadaniels@yahoo.com

View jmichaeldesign's profile

jmichaeldesign

66 posts in 1505 days


#13 posted 12-28-2010 05:38 AM

He’s a full-time woodworker in SF so a shop rate of 60-75 an hour is completely reasonable. It appears to be about 20” x 16” so thats about 6-8 bf of lumber. Walnut can easily go up to $8 a bf so right there is $55ish. Theres a steel frame inside the box to make sure it’s strong enough. We all know that the wood itself is strong enough, but a lot of people don’t and they like the fact that it’s overbuilt. Afterall if you are going to hang your bike on a $300 shelf. Theres a good chance you’ve spent over a grand on the bike, which isn’t hard to do. The steel for the frame would be $15-20. So we’re at 75 in materials add hardware and finish and lets call materials an even $100. That leaves 200 for labor. If he charges $60 an hour thats a little over three hours. Three hours isn’t much to dimension lumber, assemble the shelf, sand and finish, fabricate a steel frame and bracket, package the whole thing up and ship it.

I wouldn’t buy it, but it’s not a rip off.

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