3 ms·
" Bottles are still filled by hand (one employee is able to get through about 400 per day); as a result, Mathmos lamps start at $80 while cheaper, mass-produced
by nn3 12y ago
" Bottles are still filled by hand (one employee is able to get through about 400 per day); as a result, Mathmos lamps start at $80 while cheaper, mass-produced lamps sell for as little as $15. "
Let's do a little math. Assuming the person doing that makes $20/h, so $160/day. That makes the cost of the employee per lamp $0.4.
I dont think the $65 price difference to China can be explained this way.
- keithpeter 12y agoAdd on the cost of premises, power, distribution. Then factor in the costs of the components. And realise the wholesale price will be half the retail if they are selling through shops. Direct sales could be full value. Still, I reckon there is a healthy profit.