Hi to all,
Have anyone idea how can be cost a epoxy carbon boat about 2,5 - 3m long ?
I know that i speak in generalities but i have no idea about these costs.
I want to build a 2,5m epoxy-carbon tender (rib), of course i have plan the construction cost but i don’t know the retail price about.
Can anyone help ?
Regards
George
Your price will very much depend on the following; cost of materials, labour and overheads. Once you have these 3 elements you have a starting point. Profit can then be added to a percentage that you’re able to achieve
I think you should come at it from the other side.
Try to charge as much as you can.
What else is out there in the market that is similar, your competitors. What do they charge? Is you product better?
At what price would you consider is a good price to sell and be competitive?
Then work out if your product can fit within that price and be profitable.
Yes i agree fasta
But i can’t find other similar boats about 2,5m ribs with carbon epoxy
Regards
If you can’t find examples you should calculator your labor costs and material to get the cost. I mean it’s just simple business and go from there. I understand the need to price accordingly to the marek though but if nobody is competing it’s really whatever you set it at.
My costs are about 4000$ and a fair retail value is 6500$ (in my opinion)
But the problem is i can’t find competition
Most people would like to have that “problem”
If there’s no competition, there’s no real problem!
As mentioned in my previous comment your pricing structure should be based around the 4 elements of costing. Your profit will depend on an achievable sales price
Your market research should also include identifying your potential customers and size of the market. It wont be cheap to set up production of your tender and there are basically only two reasons why you can’t find competitors: A). either your competitors don’t believe there is a market for this product or B). they are wrong and there is a market. You have to hope for B), of course;-). And you have to hope they did not properly research the market…
But I would definitely try to identify who would buy a small tender in CF? Say it is a tender for a luxury yacht then yes, why not have a swank one in CF, as they are already spending a ton of money. But 2.5m is too small for them, right? So, who is left? Most often people who don’t have the budget will go down in size of boats, tenders, too I would think. And if they are out to save money, they won’t go for CF.
Not trying to kill your plan, just thinking out loud:-)
Very usefull thoughts
Thanks Geckosub
No problem - well, no problem unless there is no competition because there is no market!
I agree with doing your market research. What will the market support - Is it $4000? $8000? Somewhere in between? That should be your number one concern before sinking a bunch of money into a business that may not be sustainable.
Good luck.
Do you have any pre-sales? If not it will be a big risk to put money into a mold.
How can i try to sell if i don’t have a ready boat ?
What makes you want to start with a boat? Do you have other items you currently make? If not that’s a huge step from nothing to a full fledged boat.
If you have the time maybe do some boat items, gauge the response and crowd. Then slowly move into the full boat hull. But that’s just an idea. I do not have a business.
yes, but it wouldn’t be a big mould, only a few square metre. And even then, sell it for someone who wants to produce polyester hulls out of them and you could make a profit. in the end there is only one way to find out if there is a market…
Dear Infused,
Yes, i’m a boatbuilder. I have build a few boat for serial production and two with vacuum infusion method. The most boats i made are about 10m long, especially ribs.
The main idea is to make an ultra light tender to promote my knowledge about carbon and epoxy. Also it’s a good way to sell in people which need a light boat to carry easiest.
Regards
You have absolutely right … susho