i always enjoy looking at prices at the store for smaller wood parts like corbels and shelf brackets and table legs
i am always surprised at the prices because they are lower than i would expect
the profit margins musst be pretty slim
i might be able to match their prices and make a profit if i used only found wood but then getting them into stores is yet another hurdle i have concluded that the competition on that market space is too tough
Ever see how that stuff is made? First, they buy the raw material for about 25% of your price, maybe less. Next is to set up automated tooling to run hundreds, maybe thousands of parts with that setup.
Getting them into stores is another hurdle, especially the big chain stores You may also have to wait a long time to get paid. Your selling price will be less than half the listed retail price too. When I was associated with the hobby industry many years ago, if it cost you $1 in labor and material the list selling price would be $4 minimum. Work it backwards to see where you have to be.
Otherwise, find a "specialized item" for a specific (preferrably local) nic he, so that you're less likely to compete with the big box or local outlets .
Somewhat of an example: I am sometimes asked to build ottoman frames - si mple 2X square legs, casters, 1X2 stretchers and skirting, 3/4" ply top. I usually end up upholstering it, also. All toll, less than 8 hours hobby work. The bare minimum (otherwise unsightly) frame is not seen, when an u pholstered (pleated) skirting conceals it.
I've made so many of these, I have round, oval and rectangle templates for the (generally) standard size tops, so that I don't have to figure out the
*dimensions/layout, each time. The leg configuration/orientation is the s ame for each top design.
The top's templates contain markings for centers (along sides, where appl icable), where the legs/stretchers are to be placed and where any buttons ( upholstered tufts) are to be placed (if applicable). All these template m arkings are easily transferable to the build/product.... saves lots of time , not having to calculate these measures/placements for each ottoman.
yes that is key and the other thing is that people are very tired of buying stuff that is thrown together junk from asia or the like and are seeking things that last
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