TheFlash
Gold Member
- Joined
- Oct 3, 2000
- Messages
- 524
My two cents:
Your manufacturing costs are way too high for this type of knife because you're outsourcing most of the production.
If you do want to get into 'knifemaking', then maybe it would be worth getting a saw, grinder, belt sander, etc. and actually practice on making knives first on cheaper steel.
Also, you could definitely grind out a couple and try your hand using cheaper 1095 steel first and then move on to the complex and exotic steels.
I concur with some of the earlier comments that the edge is more chisel-shaped than having a utilitarian edge.
My prediction is that most buyers of your knife would likely use it as a back-up or neck knife. If not, and it is the primary-carry knife, then it would definitely need to do 'double-duty' as a knife to: clean nails, cut threads off of clothes, open boxes, scrape coatings off of wires, etc. To do that, you would need a finer edge on the knife.
There is no substitute for market research to determine pricing. Whether it is knife & gun shows, other retailers and makers, or even asking custom knifemakers what they recommend, they can all be helpful regarding determining pricing.
Being a member of a professional pricing society, I caution you against using what is called the "cost plus" method of pricing. That is where you take your manufacturing costs and then mark up the pricing from there.
You need instead to look at the appropriate pricing for the market segments you intend to sell to and then figure out how you can manufacture/create your knives to hit those price points while maintaining an adequate margin.
In the meantime, I ask that you PLEASE keep an open mind to constructive criticism and feedback. We're only trying to help...
Best regards,
Mike
Your manufacturing costs are way too high for this type of knife because you're outsourcing most of the production.
If you do want to get into 'knifemaking', then maybe it would be worth getting a saw, grinder, belt sander, etc. and actually practice on making knives first on cheaper steel.
Also, you could definitely grind out a couple and try your hand using cheaper 1095 steel first and then move on to the complex and exotic steels.
I concur with some of the earlier comments that the edge is more chisel-shaped than having a utilitarian edge.
My prediction is that most buyers of your knife would likely use it as a back-up or neck knife. If not, and it is the primary-carry knife, then it would definitely need to do 'double-duty' as a knife to: clean nails, cut threads off of clothes, open boxes, scrape coatings off of wires, etc. To do that, you would need a finer edge on the knife.
There is no substitute for market research to determine pricing. Whether it is knife & gun shows, other retailers and makers, or even asking custom knifemakers what they recommend, they can all be helpful regarding determining pricing.
Being a member of a professional pricing society, I caution you against using what is called the "cost plus" method of pricing. That is where you take your manufacturing costs and then mark up the pricing from there.
You need instead to look at the appropriate pricing for the market segments you intend to sell to and then figure out how you can manufacture/create your knives to hit those price points while maintaining an adequate margin.
In the meantime, I ask that you PLEASE keep an open mind to constructive criticism and feedback. We're only trying to help...
Best regards,
Mike