What’s your current PPH and will it be adjusted going forward?
@adams16254 ай бұрын
$5ph minimum
@UncleJessy7 ай бұрын
Bro! You are a rockstar. I know you’ve been hard at work at perfecting all of this for over a year now. Seriously easy to follow!
@3dDesignBros7 ай бұрын
Thanks man! Appreciate all your support and encouragement along along the way!
@admin.DuBikez7 ай бұрын
The Gems 💎 in this video, Sam! Patreon sub here and I am still trying to find the right product. But after my 1st 3 sales this week (privately) this is exactly what I need to ensure profitability once to do start the store🙏🏽
@3dDesignBros7 ай бұрын
Thanks for sharing!!
@KI-ni2sw5 ай бұрын
Just stumbled over your channel today and I really like the openness you talk about your business. There is only one thing I would love to be able to change in 3Dprintforce: being able to change to metric and maybe the currency (though that doesn't really matter). But I do feel a bit uncomfortable with imperial units :).
@joshuape897 ай бұрын
You should also consider looking your printer depreciation. You will have to, at some point, recapitalize your printers. Having the recapitalization account there when it is time to replace a printer is probably a good idea.
@3dDesignBros7 ай бұрын
Yeah, thats a fair point. Will probably look into that for future updates.
@SirLANsalot7 ай бұрын
your slicer will tell you your material cost of the print too. depending on the slicer, there is a place to put the cost of a 1kg spool. Print per hour is subjective, not all printers are made equal and is why its such a hard thing to justify calculating. Older printers will take a lot longer to do a print vs a newer, faster and more costly printer. Hence rounding your costs to a whole number will cover everything else. We all know it costs pennies on the dollar to make most prints, and then working at a whole number of 5, 10 or even 20 bucks will easily cover any variance.
@cardboardoperator72137 ай бұрын
what program do you use for 3d design
@3dDesignBros6 ай бұрын
Fusion 360
@cardboardoperator72136 ай бұрын
@@3dDesignBros Did you stop support for 3d print force I cant get it to give me the price I click save and nothing happens
@3dDesignBros6 ай бұрын
@@cardboardoperator7213 we support it. You just need to get in the discord and we have a help channel.
@bolman1257 ай бұрын
how did you compute your electricity cost per print hour? I mean, I would think a printer printing PLA would draw less than 100 watts (maybe way less?), so your print would consume like 1kwh at most. How are you paying 1.1 usd per kwh? I would like to know if there is something I am missing here so I can make my own calculations right. Thanks!
@Rakinshu12037 ай бұрын
yea it seems oddly high, almost like the decimal point has shifted one place
@SirLANsalot7 ай бұрын
Not all printers are made equal, and build volume (bed size) is the biggest draw on the power to heat the bed. Example is the Voron 2.4 350 LDO kit I have, has a whopping 750 watt bed heater. Very powerful bed heater, the hot end (E3D Revo) is practically nothing compared to what it takes to get the bed hot. Now granted its NOT running a 100% all the time during a print and does vary from 10-30% after its gotten hot. Only during warm up (start of the print) does it run at "full" power, even then I have it limited to running at 80% power (default was 60%). So the printer, during warm up, is taking about the same power my computer does when gaming and the GPU is being used.
@3dDesignBros7 ай бұрын
I do tend to over estimate my electricity cost. Like others have mentioned the printer will use more power at different time and less at other times. My opinion is that I price my prints with the assumption that the printer is going to run at full power the entire print. Then when it doesn't I make a little bit more then I expected. Rather then the other way trying to get it exactly right and underestimating and then making a little less then you thought.
@DWIT3D2 ай бұрын
Fantastic. Gonna try your website and see what it's all about. I have tried and created a few pricing tools, but always like to check out different ones. Being a retail business owner for 30+ years, I understand all too well what goes into profit and how COGS and expenses can cut into profit!!
@3dDesignBros2 ай бұрын
Excellent! The versions out now is pretty basic, but we have a Huge updated coming very soon.
@marcioadrianflores94927 ай бұрын
Great video, something I also do is look at the opportunity cost, especially on important dates, I could make one large print or 500 small ones for an event. What is the implicit cost for taking one order or another? It is more of an economic concept but it helps make decisions in those situations. Thank you for your efforts, these videos always help the community. Like and sub
@3dDesignBros7 ай бұрын
For sure. As I get more and more products that generate a higher PPH I often think about "do I want to still be printing that $3/hr product" lol. In the end i still have open printer time during the day so I do print them, but I could see however someone could get to a point where their minimum PPH gets higher and higher.
@josephp159226 күн бұрын
That's gross profit and gp/hr.... not net
@ace5combo7 ай бұрын
Is there a reason you didn't include labour time? Time to slice, reload filament, remove part, boxing and shipping? Also the capital cost of the printer?
@adams16254 ай бұрын
$8 for 9 hours?! YEAH RIGHT!
@TheTwilightStorm7 ай бұрын
How did you calculate your electrical costs? I am getting an A1 mini and I want to see how much it would cost me to run my printer.
@3dDesignBros6 ай бұрын
You need to take the Watts the printer consumes per hour and multiply but the length of the print. Then convert to Kilowatt and multiple by your energy rate. For Example: 300 watts per hour * 5 hours = 1500 watts. 1500 watts / 1000 = 1.5 Kilowatt. If you Kilowatt rate is $0.16/KW you electricity cost would be: 1.5 * $0.16= $0.24 in Electricity.
@margreiv2 ай бұрын
A way to add pictures to product would be awesome in 3dprintforce
@3dDesignBros2 ай бұрын
This is in the next update! 👍
@jimjh26717 ай бұрын
I tried your website to get my PPH and it doesnnt work right I add my model and it does not show up Thanks
@3dDesignBros7 ай бұрын
Just suggestion is watch the video linked in the description if you haven't. If you have done that, then join the discord and there is a bug report / trouble shoot section. We can try to work it out in there.
@arturorodgers42205 ай бұрын
"Promosm"
@FTBT3D7 ай бұрын
Absolutely love this, Sam! I'm digging this layout. One thing I'd love to hear your input on is net profit vs gross profit and how you deal with labor. If labor isn't included in part cost then you can look at total gross profit and divide it by hours invested to get a $/hr. But it's always fluctuating based on product mix. If labor is included in part cost (setup, filament changes, removal, processing, packaging, shipping, etc.) then you can see what your "business profit" is. AKA you charge $20 an hour for your time which the business pays you, but also as the business owner you now have a net profit on the product you can take as a distribution. Neither way is right, but if you ever bring on employees to help with certain parts of the business then you almost have to go the labor burdened route. Interested in how you handle that and if you're considering adding labor to PrintForce or accounting for it elsewhere. Great vid!
@3dDesignBros7 ай бұрын
So since I'm a one man show I do what you layout in the first paragraph. All of the "company's" net profit is essentially my labor. Right now this is to my benefit because if I only charged the company for the direct labor of processing a order from start to finish, the company would have a lot of money and I'd have very little, lol. However I agree that once you get an employee its not as easy, and enough people are asking for a labor section that yes we will be adding that to 3dprintforce on the model level. Then each user can choose if they want to add in a dollar amount for labor or not. As a side note, labor is included in our Quick Quotes in 3dprintforce. The idea with those are for pricing one time jobs of producing a widget of some sort or a large bulk order.
@FTBT3D7 ай бұрын
@@3dDesignBros makes total sense. It's 6 in one half dozen the other when you're a one man show. But adding labor will definitely make it more scalable 👍
@collect3d7 ай бұрын
Great tool! and great video. This falls in line with exactly how I calculate my profit as well, the only thing thats missing here is labor costs, and any other cost associated with running your business. I tend to be in the higher single digit range for my PPH, and I focus on items that take no longer than 3 hours to print. The reason for this is the item is generally cheaper for the consumer, and I am able to sell more of them. Its easier to sell a $10 dollar item vs a $30 dollar item, and if it takes me 1-2 hours at 3pph, its better than 7+ hours at 3ph. Cosmetic trinkets tend to have a lower PPH than an item that has a functional purpose so I focus on functional items that add value, these can bring you much higher PPH. One more thing to keep in mind, is the speed of your printers, a bambu labs will have a higher PPH, but have a higher machine cost, its still probably the best money making machine for the price though. Especially the entry level printers like the A1 or P1P. For single color only I think the CR-10 SE is the best at the moment.
@3dDesignBros7 ай бұрын
I agree with a lot of what you are saying. However, one of the great things about using PPH though is it removes consideration of print time. If you have "print 1" that earns $3pph and is a 2 hour print, and you have a "print 2" that earns $3pph and is a 10 hour print. At the end of the 10 hour whether you printed 5 of item 1 of 1 of item 2 you have the same profit. I also don't agree with adding in business over head cost to your product COGS. Your COGS should only be expenses that directly contribute to the production of that item. By doing this you are left with your "gross profit margin". Other business expenses, like Rent, insurance, etc. then come out of that Gross profit margin and you are left with your bottom line "Net Profit Margin". Gross Revenue (Product Sales)- GOGS (Cost to produce Product)= Gross Profit Margin Gross Profit Margin - Operating Expenses (Rent, Insurance, Taxes, etc.) = Net Profit Margin I want my Gross profit margin to be in 60-70% range because then I know my net profit margin will be around the 30-40% Range.
@bdmidget20107 ай бұрын
Here for the thumbnail
@dibson14386 ай бұрын
Great videos sir. Thank you for sharing your processes and experiences. Keep it coming.
@HeroAges-x9u6 ай бұрын
Thanks for getting 3d print force up. It helps so much and makes things super easy!!
@3dDesignBros6 ай бұрын
Love to hear! Keep in touch we got big updates coming soon!
@harambeexpress7 ай бұрын
I've seen others explain similar concepts - but this is the most concise, simple and actionable video on the topic I've seen.
@3dDesignBros7 ай бұрын
Thanks!
@realtalkcreates6 ай бұрын
I really appreciate this channel thanks a lot
@3dDesignBros6 ай бұрын
Our pleasure!
@flat_stickproductions2097 ай бұрын
"Our Products" you mean files you download off the internet?
@3dDesignBros7 ай бұрын
No, 95% of what we sell I design myself. The other 5% of products I pay the creator a license fee so we can sell them.
@JustAnotherAlchemist7 ай бұрын
I can't take someone that mains a Mac seriously about financial/tech advice TBQH.
@3dDesignBros7 ай бұрын
Pretty bold of you to think I only have 1 computer...😏
@JustAnotherAlchemist7 ай бұрын
@@3dDesignBrosFair, and relatable.
@makeitnerdie7 ай бұрын
this is great video. Literally arguing with a guy on tiktok how pricing works. ppl are so uneducated.