#154 - When is a mold cost worth it?
Selling on Amazon with Andy Isom
Andy Isom | Amazon FBA Seller & Agency Founder
4.9 • 816 Ratings
🗓️ 20 June 2022
⏱️ 29 minutes
🧾️ Download transcript
Summary
When is a mold cost worth it for your Amazon business? Usually molds have a significant cost because there are a lot of factors are taken into consideration to the price of the mold like the type, size, and shape of the mold plus the time and energy to customize it.
In this episode, I discuss the following points as to when it might be worth it for you:
1) When you have disposable capital
2) When it makes your product harder to copy
3) When your product has a game changing feature
4) When it drives down manufacturing cost per unit significantly
5) When you have no other choice
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Transcript
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| 0:00.0 | If you are dealing with any sort of plastic component with your product and you're |
| 0:06.3 | customizing it, making it different than what the supplier already is creating, to get |
| 0:12.2 | that specific customized shape of the plastic, they make a mold and it takes a lot of |
| 0:16.4 | energy and resources to do that. So usually molds will have a significant cost. Now when I say |
| 0:23.6 | significant, it could be anywhere from... |
| 0:30.6 | What's up guys? You're listening to another episode of Selling on Amazon with Andy Isam. |
| 0:38.6 | In this episode, we're going to talk about when is a mold cost worth it for your Amazon business? |
| 0:44.6 | Before we get started with this episode, I want to give a shout out to some members of my coaching program who are preparing to launch new products on Amazon. |
| 0:53.0 | Shoutout goes to Cassidy, Tyler, Raj, Zach, |
| 0:56.8 | and David, who are just about to launch or have just recently launched their product on Amazon. |
| 1:02.8 | And I have over 30 students currently in my full coaching program. If that's something that's |
| 1:07.7 | interesting to you, feel free to visit my website, www. www. Andy Isamcoaching.com. |
| 1:13.3 | There's also a link to it in the description, in the show notes. |
| 1:16.5 | You can get there from my Andyisim.com website as well. |
| 1:19.5 | Go there. |
| 1:20.6 | Schedule a free call with my team. |
| 1:22.1 | We'll talk about it. |
| 1:23.0 | We'll talk about the program. |
| 1:24.1 | We'll talk about how it can help you and talk about all the awesome benefits, |
| 1:34.3 | features and things that are included in that program. I have over 300 video tutorials, and these are all organized by questions that my students have asked me over the past two years as I've |
| 1:39.0 | coached dozens of different people with their Amazon businesses. So you have a really, really easy, |
| 1:44.3 | accessible video library to get your questions answered. I've got full six-month coaching |
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