
10 Steps to Go from Nothing to Crowdfunding Campaign with Kyle Sussenbach
The Board Game Design Lab
Setting Profit Margin in Manufacturing
When setting prices for manufacturing, it is important to consider the minimum and deluxe level options. The traditional 5X rule for pricing may not always work, especially for less expensive games. For instance, a game costing $1 to make cannot be priced at $5 to ensure feasible profit margins. In such cases, a higher multiplier like 10X may be necessary. It is vital to be prudent about profit margins and production volumes, especially if it's the first time in manufacturing. Additionally, considering the minimum number for a campaign is crucial to avoid overproduction and ensure profitability.
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