Re: Orbit Balls - For Sale
This is an awesome thread !.
I think this brings a good lesson in Economics, as I comment on this thread bear in mind that I do not have a degree in economics.
THE SITUATION
There is a demand and supply for Orbits balls. The demand exceeds the supply as distributed by normal distribution, and original manufacturer does not sell given product. Material cost is estimated to be $9 done in the U.S in low volume manufacturing. The retail price of such ball is around $10. Labor is $0 if done by volunteers as a way for fund-raising.
QUESTIONS
What price should someone manufacturing such a ball set to ?
How can we lower the cost of materials ?
Can we accuratlly estimate the labor involved to manufacture such a ball ?
Can the ball be customized so it adds value to sell higher than retail price ?
I personally would pay $20 plus shipping in handling if the ball comes with the team picture and it is autographed by all the team members including the coach and mentors. If this is a possibility, send me a private e-mail on Chief Delphi with the address.
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