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I dunno about that profit margin. Don't underestimate how expensive developing products is as low scale. It would not surprise me if the margin is pretty normal
by leros 2y ago
I dunno about that profit margin. Don't underestimate how expensive developing products is as low scale. It would not surprise me if the margin is pretty normal.
- KMnO4 2y agoSimone actually has a pretty good video that covers her costs to run the product business. TL;DW, not very much profit, especially at the beginning/low volumes. https://youtube.com/watch?v=iEAShZ8TJCs https://youtube.com/watch?v=iEAShZ8TJCs
- xmprt 2y agoIt actually sounded like she was running it at a loss. Or rather that if there was any profit, it was because she was taking pretty much no salary out of the company. I really hope it succeeds but I think this is one case where someone with good marketing and sales skills could help her out a lot while she's able to focus on product.