We have detailed during the past year and a half on this blog about a student who has been working on unique designs for a small business that she runs as part of her after school and weekend activities.
Wanting to give her an experience to use the technology in the school to operate a realistic business experience she recently attended a local market where she featured four different 3D Printed designs that had also been spray painted and packaged.
She spent the day selling the items and interacting with some of the members of the public. An important consideration to remember is this student has developed the CAD software to design this items from scratch has linked them herself via Tinkercad and printed them using the school printers.
To make it a realistic business model we have charged the student for a roll of filament (NZ $31.00) for 1kg roll. She used this to produce the items for sale. The cost for each of the prints to be manufactured on this basis (there were the four in total, the Kiwi, The Counting Caterpillar, the Dolphin and the Butterfly all at which have featured at times as posts on this blog - was between 0.50c and 0.85 cents to produce. We did not include a 'hardware' charge in the pricing. She was able to manufacture twenty four items for sale - and was able to sell nine of them during the course of the market. The finished product price that she charged was up to $8.00 per print.
This meant that she has paid back the use of the filament, the spray paint which she used to decorate the design, the bags and packaging and make a modest profit. Crucially moving forward the remaining items which have not been sold (which is nearly half) will be sold in upcoming markets and with the costs already covered the remaining items represent a hundred percent profit.
The most favoured item that was sold was the 'Counting Caterpillar' which went extremely quickly. The student intends restocking with this item for the next time she is selling items - this is being used in our junior school at present to determine its viability to help teaching and counting of numbers.
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