- Joined
- Nov 24, 2017
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- 142
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As the largest manufacturer of them, I’ll jump in here and give you some advice. Take it for what you want...I 100% agree right now I'm using an algae scrubber that I made for like 78$ (70$ on the innovative marine led 8$ for the actual scrubber) the competition tells me there is a market for this and once you see mine I think you will understand why I'm not nervous about that at all
When you added up your cost of the scrubber you built you forgot to add in your manufacturing and design time so add that to your cost and plus packaging (make sure that it can be dropped and not break) and UPC codes (if you’re going to distribute to stores or anyone else) and that’s your break even cost. That means you haven’t made a dime to pay for equipment or insurance (which I would recommend you get). So knowing the quantities we buy in, your product cost is around $100 if not more.
The reason that commercially available scrubbers cost what they do is because of that markups after that cost. You will have a distributor wholesale cost and then a wholesale price that the stores buy at which includes the distributor profit. Then the stores want their margin too. So off the top of my head, your product wouldn’t retail for less than $300 (probably closer to $350-400) to the end consumer by the time those margins are built in. Just some food for thought before you go spending a ton of money... good luck and welcome to the scrubber club!