Vaping & Making Money..... Hmmm - Ideas & Thoughts Welcome

[Rossum]

That was exactly my point. But how cost effective is custom coded firmware?

Some orders of magnitude more cost effective than a custom-fabbed chip.

If the dna 20 is $50 for a circuit board and a display, how much of that is profit?

Depends on what you consider profit, and particularly the number of units you decide to amortize the development costs over. How many dollars and man-hours of time went into developing that product? How units many have been sold to date? Yes, these are rhetorical questions; I don't expect answers. But you can't just say: Oh, Evolv is making outrageous profits because the cost of the materials in a dna-20 is only $10 (or whavever it really is) and they're selling 'em for $50.

 

[toughguitar]

If I had an idea for a mod or atomizer, I would produce one or two variations of a high end device with the best materials and precise machining and sell a limited amount at a premium price. At the same time I would mass produce a clone of that same product with cheaper materials and cheaper production methods and flood the market with them. This would give me the profits of both business models, and reduce the profits any Chinese companies could make off of my idea.

 

[BlaseWithVicarious]

If I had an idea for a mod or atomizer, I would produce one or two variations of a high end device with the best materials and precise machining and sell a limited amount at a premium price. At the same time I would mass produce a clone of that same product with cheaper materials and cheaper production methods and flood the market with them. This would give me the profits of both business models, and reduce the profits any Chinese companies could make off of my idea.

This guys got it figured out... "It would double our already doubled profits" (The Campaign)


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[JohnWillyson]

Some orders of magnitude more cost effective than a custom-fabbed chip.


Depends on what you consider profit, and particularly the number of units you decide to amortize the development costs over. How many dollars and man-hours of time went into developing that product? How units many have been sold to date? Yes, these are rhetorical questions; I don't expect answers. But you can't just say: Oh, Evolv is making outrageous profits because the cost of the materials in a DNA-20 is only $10 (or whavever it really is) and they're selling 'em for $50.

Dna20 and 30 are $35 in volume. I guesstimate the cost to them is approx 18, with the display being the most expensive part.

Honestly it hasn't been cloned because of the firmware, the chip itself is nothing that special.