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Pretty sure the profit margin for these bags is 10x at least. Way better (and simpler) that dealing with expensive computer/phone hardware and it supply chain,
by artyom 11mo ago
Pretty sure the profit margin for these bags is 10x at least. Way better (and simpler) that dealing with expensive computer/phone hardware and it supply chain, even if their pricing is ridiculously expensive.
Marketing guys just know and exploit a very well known human weakness. It's annoying because it's Apple, but everyone has been doing this forever.
Non-standardized phone chargers? USB-C and its patent hell? HDMI and its licensing? There's plenty of examples for creating wasteful items without them being fashion ones.
- bborud 11mo agoOh it is going to be a more than 10x profit. The materials themselves probably cost no more than a few tens of cents, so all the cost is going to be the in the manufacturing process. The knitting pattern does look somewhat advanced, so I guess it would require a relatively high spec knitting machine. I suspect what would drive up cost is a combination of throughput and somewhat that you need an expensive knitting machine. Since this is a high volume item that will probably bring down the average cost by quite a bit. I would guess somewhere in the region of $2 to $5 per pocket to mass produce these? Anyone have a more qualified guess?