Post #797853 by mikehooker on Fri, Oct 4, 2019 12:42 PM

On 2019-10-04 10:08, PinTiki wrote:

Pins are a fantastic idea! And I really like the direction you're heading with these mock ups! I personally wear my PinTikis and others all the time and frequently get comments on them. So they have the added bonus of being conversation starters which could help raise awareness of TC, which is the main impetus for doing this, right?

Thinking logistically... pins are light weight, easy to ship, and inexpensive to make. The minimum quantity is very reasonable, the initial monetary output is pretty negligible, and they're small so don't require a ton of room to store. I think we could easily sell 30-40 of them off the bat for $12-15 each, which would more than cover the cost of manufacturing so nobody is put out for extended periods of time or sitting on tons of boxes of unmovable merchandise.

If PinTiki is willing to take charge, we wouldn't necessarily have to do a crowd funding campaign either, since he's already got the infrastructure and promotional avenues in place for something like this. We would just need to work out the fine details. Presumably, Pintiki would be in charge of:

-Coming up with the final design of the pins and backing cards
-Placing the orders and dealing with the manufacturers
-Receiving the shipments
-Adding the backing cards
-Putting them in baggies
-Hosting them on his website
-Helping to promote sales through an email blast and posts on TC, FB, etc
-Handling all shipping

Anything I'm forgetting? That's a lot of work for someone without experience, but he does this regularly and likely has an efficient system in place.

Let's say they cost about $3 a piece to manufacture, including the mold fee, backing cards, baggies, etc, there's around $10 a piece profit from the sale of each one. So how much would he keep for himself for handling all this and how much goes back to TC for maintenance and improvements?

I have thoughts on swizzles as well, which I'll share later when I have time.