China Manufacturing 101: How Much Will Your Product Really Cost?

[@inventRight]

Learn about Gateway here: inventright.com/gateway

[@ShanunShelton-l9v]

Ive got some good stuff

[@ShanunShelton-l9v]

These are so cool

[@ShanunShelton-l9v]

I feel this can be great!

[@ShanunShelton-l9v]

😊

[@paulklick9147]

I have my all-plastic working game prototypes professionally 3D printed for $200-$500. This price includes all of the CAD work too. I just do drawings with all of the measurements. They usually get done in 1 to 2 weeks. One of them I've licensed and is on the market. So shop around locally.

[@inventRight]

Congratulations on your licensing deal! Thanks for this great comment. We'd love to hear more about your story - please let us know how to follow up with you, or email [e-mail].

[@JBulsa]

I was told $2,000 for a mold. Only minor changes to the existing mold

[@mattblackwell4100]

Great video guys. I found it comforting to find that I have gone through the whole process myself and managed to check all the boxes, and in the right sequence, even if it has taken a fair bit of extra time and money than I originally thought. In this game you have always got to be prepared for extra time and extra expenditure, that's just how it is. I have been following your videos for a few years now and they have been instrumental in getting me to where I am today. Thank you and keep up your amazing work.

[@inventRight]

@@mattblackwell4100 that’s wonderful to hear. Thank you so much!

[@timothyrussell1179]

$2,000 to $20,000 is an attainable goal post if you're serious about your product, and more importantly it gives you a rough goalpost. It is totally understandable how it could vary by 10x. This young fellow is clearly offering a missing piece beyond the idea and legal end of the business in making it a tangible reality for investors. Very cool.

[@inventRight]

@@timothyrussell1179 it’s really important that people know the reality of venturing their product before they start.

[@calebdaniels5814]

Thanks for the comment! I appreciate it!

[@shweetiepetina1563]

CAM stands for Computer Aided Design for the new folks. 😊 👍🏻

[@inventRight]

CAD*

[@martinez.partnership]

Hello, I have 4 questions, do you guys recommend to use AI to: 1-Write a solid PPA. 2-Create an effective marketing brochure. 3-Create a great digital prototype. 4-Produce a list of companies in the same segment as the product to be licensed.

[@inventRight]

@martinez.partnership I would never use a general AI to write a PPA. List of companies sure Digital prototype maybe Marketing material sure

[@Waog1op]

Thanks sir

[@ocoro174]

how broad should a patent be? is there a chance of it not being granted if too broad? how to avoid workarounds?

[@inventRight]

@@ocoro174 yes there’s a very good chance if it’s too broad, it will never issue.

[@Ang-el_D]

Wonderful...

[@696pk]

it takes a couple of hours for making manufacturing drawings/CAD drawings of simple products and not more than a few days for making a little complex assembly drawings along with animations

[@inventRight]

@@696pk thank you for commenting!

[@FlyTag525]

I've been hunting through design companies that say they will help from napkin drawings to final manufactured product to packaging to marketing. They will charge an arm and two legs. Over $20000 at a still mostly concept and prototype TESTING stage. And that's from a fine human being who apologised for leaving me in the lurch with me having sent them 3/4 of the parts to make said prototype of my version of a beach umbrella - pretty simple. Also I have email history of a negative experience with Bsense. Unless you're super rich it's so hard to get treated with respect. They want you to do a lot more than you think. A mould or die tooling for a simple custom plastic part ranges from $20000-30000 each.

[@calebdaniels5814]

@@FlyTag525 Hi Fly Tag, I would be curious to hear more about your product. You do not have to be super rich, just the drive to move forward. Feel free to send me a message and we can talk about it!

[@BradSmestad-bj3pl]

You did not comment on probably the most important part. The cost of tooling and molds?

[@inventRight]

@@BradSmestad-bj3pl great question thank you so much. I’m going to assume some of this will be rolled in of the cost of the product. Thank you for watching and commenting!

[@696pk]

first make 3D animations then go for licensing only if you get successful in getting funds procede to prototyping

[@ShanunShelton-l9v]

I really need your help

[@420BudNuggets]

Cool business

[@calebdaniels5814]

Thanks!

[@visualchallenge2413]

I like the fact that you are open on all these details. Thanks !

[@inventRight]

@@visualchallenge2413 I think it’s extremely important to be as transparent as possible. thank you so much for your comments. Please subscribe if you haven’t already!

[@verseonej]

That sounds scary and expensive.

[@inventRight]

@@verseonej you just need to be prepared.

[@calebdaniels5814]

HI, it can be scary and expensive, but that is why we are here! We can help guide you through the process. Feel free to reach out!

[@timothyrussell1179]

You can skip at least the first minute without missing anything.

[@inventRight]

@@timothyrussell1179 thanks for watching!