{"id":1755,"date":"2014-09-22T10:28:10","date_gmt":"2014-09-22T10:28:10","guid":{"rendered":"https:\/\/www.designswarm.com\/blog\/?p=1755"},"modified":"2015-09-05T22:23:32","modified_gmt":"2015-09-05T22:23:32","slug":"the-cost-and-time-to-make-things","status":"publish","type":"post","link":"https:\/\/www.designswarm.com\/blog\/2014\/09\/the-cost-and-time-to-make-things\/","title":{"rendered":"The cost and time to make things"},"content":{"rendered":"<p>So last week I launched sales for a limited edition of the\u00a0<a href=\"http:\/\/www.goodnightlamp.com\">Good Night Lamp<\/a>. This is both an exercise in pig-headedness and a suicidal financial exercise. What prompted this? Next year will mark the 10th anniversary of this idea. There&#8217;s only so much time you can spend trying to turn lights on and off, but in those ten years, I&#8217;ve learnt a lot about the conditions that need to take place in order to make things.<\/p>\n<p>So I&#8217;m making them with an M2M partner <a href=\"http:\/\/www.eseye.com\/\">Eseye<\/a> and <a href=\"http:\/\/tomcecil.co.uk\/\">Tom Cecil<\/a> who has been making our prototypes since mid-2012. Noone else.<\/p>\n<p>They are retailing for \u00a3279 which is shocking some but the truth is that making small batches of things costs a lot more than people think, especially when there&#8217;s wood involved which is why we&#8217;ll move on, if those 100 sell, to cheaper materials. Why sell 100? Well mostly to live up to expectations, PR during all those years, and for myself as a designer.<\/p>\n<p>Financially, it&#8217;s a ridiculous exercise in a way. The average product on a John lewis shelf costs 25% of retail price to make. Retailers usually take a 50-60% cut to place the product on a shelf. This set of lamps is costing between 86% (for EU customers) &amp; 96% (for UK customers) of the retail price in costs and doesn&#8217;t include any assembly time. Here&#8217;s a handy and honest breakdown.<\/p>\n<p><a href=\"https:\/\/www.designswarm.com\/blog\/wp-content\/uploads\/2014\/09\/gnl_100_profits.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1756\" src=\"https:\/\/www.designswarm.com\/blog\/wp-content\/uploads\/2014\/09\/gnl_100_profits.png\" alt=\"gnl_100_profits\" width=\"943\" height=\"393\" srcset=\"https:\/\/www.designswarm.com\/blog\/wp-content\/uploads\/2014\/09\/gnl_100_profits.png 943w, https:\/\/www.designswarm.com\/blog\/wp-content\/uploads\/2014\/09\/gnl_100_profits-300x125.png 300w\" sizes=\"auto, (max-width: 943px) 100vw, 943px\" \/><\/a><\/p>\n<p>It&#8217;s pretty silly really, but I think they&#8217;ll make people happy and work really well. Yes I&#8217;ll be assembling them myself or with friends probably, but hey I started <a href=\"http:\/\/www.tinkerlondon.com\">Tinker<\/a> by selling Arduinos in the front room of a flat in Hackney in 2007. Been there, done that. It might become a collectable item, who knows. I&#8217;ve got 36 sets left to sell on that batch so tell your friends and head to <a href=\"http:\/\/www.goodnightlamp.com\">the website<\/a> for more details.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So last week I launched sales for a limited edition of the\u00a0Good Night Lamp. This is both an exercise in pig-headedness and a suicidal financial exercise. What prompted this? Next year will mark the 10th anniversary of this idea. There&#8217;s only so much time you can spend trying to turn lights on and off, but&hellip; <a class=\"more-link\" href=\"https:\/\/www.designswarm.com\/blog\/2014\/09\/the-cost-and-time-to-make-things\/\">Continue reading <span class=\"screen-reader-text\">The cost and time to make things<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"How much @GNLamp is costing really. #iot","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[14,9,104],"tags":[],"class_list":["post-1755","post","type-post","status-publish","format-standard","hentry","category-conference","category-business","category-making","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p41XhY-sj","_links":{"self":[{"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/posts\/1755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/comments?post=1755"}],"version-history":[{"count":1,"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/posts\/1755\/revisions"}],"predecessor-version":[{"id":1757,"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/posts\/1755\/revisions\/1757"}],"wp:attachment":[{"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/media?parent=1755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/categories?post=1755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.designswarm.com\/blog\/wp-json\/wp\/v2\/tags?post=1755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}