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Forum topic by BobTheFish posted 06-07-2011 02:44 AM 1151 views 0 times favorited 19 replies Add to Favorites Watch
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BobTheFish

361 posts in 1304 days


06-07-2011 02:44 AM

http://www.apartmenttherapy.com/sf/seating-benches-stools/forget-the-shelves-sit-on-your-magazines-148396

Now I’m all for paying for a bit of fine woodworking, but $150 for essentially a base made of maple (and looking at the base, it doesn’t even look WELL made) seems a bit steep for this.

What exactly is someone paying for here?


19 replies so far

View auggy53's profile

auggy53

159 posts in 1432 days


#1 posted 06-07-2011 05:44 AM

bet they havent sold many , thats terrible.

-- rick

View rsdowdy's profile

rsdowdy

105 posts in 1948 days


#2 posted 06-07-2011 06:32 AM

Well, it’s only 8.00 for the base and leather straps. The other 142.00 is for the mental absorbtion pad that goes closted to your brain…for those of us that think on our seats.

Royal

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BobTheFish

361 posts in 1304 days


#3 posted 06-07-2011 08:03 AM

Knowing where it came from, I’m sure they’re selling a fair share….

I definitely agree that there’s a $143 idiocy fee…

I’m half tempted to copy it or improve upon it and sell them for $75. I think about $50 at the very least is a tidy enough profit on these for anyone…

View lanwater's profile

lanwater

3100 posts in 1687 days


#4 posted 06-07-2011 08:40 AM

It’s funny! I must have a treasure by my bed. all these woodworking magazine…

I should sit on all that knowledge.

-- Abbas, Castro Valley, CA

View Xaromir's profile

Xaromir

18 posts in 1300 days


#5 posted 06-07-2011 11:55 AM

Look at it this way:
There is still a way to make money! :D

Yes it’s a bit much, i bet, even with my 0-tool workshop i could make about 5 of those per hour.
Let’s say it’s made from the best material possible, it’s still 50$ per piece, that are 250$ per hour.

But if people pay for that, there probably are also people that will pay a fair price for our work.
Don’t forget, if it exists, there is a market for it.
Seen people selling dried poop, so there is something true about this.

I’m not in it for the money, but woodworking will need to finance itself,
We are one week in this month, and i basically have no money left, it’s like that every month.
I’m really happy if my hobby will pay itself.
Having fun for 0$ – perfect!

-- From [a] to [b] with [c].

View miles125's profile

miles125

2179 posts in 2758 days


#6 posted 06-07-2011 01:31 PM

I’d say it’s worth anywhere from 4 dollars at a yard sale to 350 dollars in a high end magazine. Woodworking sales really is about location, location, location. Which translates to people’s perception, perception, perception.

-- "The way to make a small fortune in woodworking- start with a large one"

View Gene Howe's profile

Gene Howe

6058 posts in 2181 days


#7 posted 06-07-2011 02:22 PM

I like the idea. It’s unique. But, $150????
I’ll bet, in use, the magazines wouldn’t stay aligned for long.

-- Gene 'The true soldier fights not because he hates what is in front of him, but because he loves what is behind him.' G. K. Chesterton

View Lee Barker's profile

Lee Barker

2169 posts in 1603 days


#8 posted 06-07-2011 06:05 PM

I have read these thread comments as well as the comments at the linked site.

If you think it is overpriced—then you probably won’t buy it.

If you think it is overpriced but a good idea, yes, you could easily make one for yourself.

If you thought of it, and built several prototypes and tried several different leather ideas, and developed the bevel on the legs of the maple base, and someone wanted to buy the design, I’m guessing you wouldn’t decline the offer and give it away. So the payment for your idea just became part of the $150.

If you want to compete with this exact item, then go find the leather parts and either make the leather pieces yourself or hire it done. Buy the hardware, noting that it is much more expensive if you buy a few (and you don’t really know if it will sell) and becomes more attractive in price with each 100 pcs. you order.

Now set up your jigs and fixtures and perfect them (and log those hours along with the leather hours).

Finish! How are they to be finished? Spray (speed a plus, health and code considerations a complication)? Hand? And will other production stop while the finish is drying?

Oops. Gotta ship the darn things! Whoa! I’ll need boxes! Custom, or stock? Custom, you may have to pay for a die to be made for your exact box. Onetime cost, amortized over, um, how many units? And will the leather need to be in a separate plastic bag? How many bags to buy? Oh, and packaging fillers. Organic ghost poo, or the bad stuff? And where will we store it?

Proud of your work? Gonna brand them, or put a sticker on?

Shipping department! Establish accounts with 2 or more shippers and compare rates and service. Hmm.

So now you can project your costs for your first run, including the amortized pre-production costs, insurance, heat, phone, electricity, trash hauling, material acquisition, tool maintenance (mechanical), tool maintenance (sharpening), licenses if necessary, and oh yeah, including some labor. And profit, so your manufactory will thrive.

(Let’s not think about whether you’re going to inventory parts, or finished product, or only produce as the fax hums and spews out an order.)

Now you’ve got to sell them. Oh, print ad? Web? Advertising agency? Rumor? How will you get the word out? I see outgoing $$$$$$$$$$ in your future…

Oh, ok, sell them wholesale. To the big stores, and let them do the marketing. Sure, fine, but who is going to go stand in line outside the buyer’s office, ready to present your three minute pitch when your name is called? Seems like there’s some time involved there, I guess we’d better convert that to an estimated cost.

So how close did you get to $150?

-- "...in his brain, which is as dry as the remainder biscuit after a voyage, he hath strange places cramm'd with observation, the which he vents in mangled forms." --Shakespeare, "As You Like It"

View Bertha's profile

Bertha

12951 posts in 1446 days


#9 posted 06-07-2011 06:06 PM

lol. just lol. that is all.

-- My dad and I built a 65 chev pick up.I killed trannys in that thing for some reason-Hog

View BarbS's profile

BarbS

2434 posts in 2838 days


#10 posted 06-07-2011 06:12 PM

Have you ever seen a Williams Sonoma catalog? This thing is laughable, to We Who Make Things. Apartment dwellers in NY who don’t even own a car, let alone a saber saw, would see it as a Conversation Starter, which, apparently, they must desperately need.

-- http://barbsid.blogspot.com/

View rsdowdy's profile

rsdowdy

105 posts in 1948 days


#11 posted 06-07-2011 06:23 PM

Lee,

You, of course, make alot of valid points and sense. Me…I was just trying to be funny.

Royal

View Lee Barker's profile

Lee Barker

2169 posts in 1603 days


#12 posted 06-07-2011 06:33 PM

And I laughed, Royal—absolutely.

There’s certainly no harm and plenty of joy in being dismissive about a product. For years I have jeered at the trash compactor, that amazing machine that can take 25 lbs. of garbage and, with the application of electrical energy converted to hydraulic force, convert it to….25 lbs. of garbage!

But I think it’s a good exercise to discern the difference between, “I am not going to spend my money on that trash compactor because I don’t want it”

and

“I’m not going to buy that trash compactor because the seller is making too much profit on it.”

Kindly,

Lee

-- "...in his brain, which is as dry as the remainder biscuit after a voyage, he hath strange places cramm'd with observation, the which he vents in mangled forms." --Shakespeare, "As You Like It"

View Mark's profile

Mark

1788 posts in 2026 days


#13 posted 06-07-2011 07:24 PM

i’d say okay to it but they would have to send me bigger straps….mine would be more like a bar stool

-- My purpose in life: Making sawdust

View ChuckV's profile

ChuckV

2487 posts in 2280 days


#14 posted 06-07-2011 08:57 PM

Why stop here? I see coffee tables, beds, walls, rooms, apartments, apartment buildings, city blocks, ...

-- “While the world with closed eyes sleeps, The sky knows and weeps - steel rain. ” ― Nathan Bell

View helluvawreck's profile

helluvawreck

16043 posts in 1619 days


#15 posted 06-07-2011 09:25 PM

Well, when I’m working on machinery at the plant I usually end up sitting on a five gallon bucket when I take a brake and sometimes even if I’m working on the machine if the job is close to the ground. A five gallon bucket is not usually the most comfortable thing to sit on – especially if the top has oil all over it. It does look more comfortable than a bucket but not that much more comfortable. It doesn’t exactly look like it would be very good on the magazines. If you want to look up some plan in a three year old fine woodworking magazine forget it – who wants to go through all that. $150? I think basically that’s just some product that somebody dreamed up to make some yippie with too much money look cool. Otherwise I can’t say for sure why anybody would buy it.

-- If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music which he hears, however measured or far away. Henry David Thoreau

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