{"id":70,"date":"2015-01-18T18:51:28","date_gmt":"2015-01-18T19:51:28","guid":{"rendered":"http:\/\/123designs.biz\/blog\/?p=70"},"modified":"2015-01-18T20:32:14","modified_gmt":"2015-01-18T21:32:14","slug":"why-cheap-plastic-is-so-expensive-infographic","status":"publish","type":"post","link":"https:\/\/123designs.biz\/blog\/why-cheap-plastic-is-so-expensive-infographic\/","title":{"rendered":"Why cheap plastic is so expensive: Infographic"},"content":{"rendered":"<p>The upfront costs of making a cheap plastic product often comes as a bit of a shock to new product developers. \u00a0The basic reason for this is that steel is expensive, especially the high quality steel used in plastic injection molding machines. \u00a0The\u00a0metal mold tool used to make inexpensive cell phone cases can cost more (and contain\u00a0more steel) than a car.<\/p>\n<p>&nbsp;<\/p>\n<h3>As production volume rises, so do upfront tooling costs. More investment in your injection molding tooling yields decreased cost per unit, and higher volumes.<\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>UPFRONT COSTS = This pays for the fabrication of a mold tool. \u00a0The tool material (plastic, aluminum, or high grade steel) is the single largest cost of developing most plastic parts. \u00a0It&#8217;s often said, &#8220;The first part costs you $100k. \u00a0The second costs you $1.&#8221;<\/li>\n<li>TRUE COST PER UNIT = All the costs of manufacturing, including the upfront tooling costs, divided by the volume. \u00a0Characterized by \u00a0the equation; \u00a0Upfront Costs + (Cost per unit\u00a0 X\u00a0\u00a0Volume) \/ Volume. \u00a0You may more commonly see just the Cost per Unit, basically the cost of plastic, specified when describing plastic production costs. \u00a0This value includes that and the upfront cost of the tooling combined.<\/li>\n<li>VOLUME = Number of parts or units to be fabricated.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div id=\"attachment_74\" style=\"width: 1004px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/123designs.biz\/blog\/wp-content\/uploads\/2015\/01\/123D_Tooling-Cost-Infographic1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-74\" class=\"wp-image-74 size-full\" src=\"http:\/\/123designs.biz\/blog\/wp-content\/uploads\/2015\/01\/123D_Tooling-Cost-Infographic1.jpg\" alt=\"123D_Tooling Cost Infographic\" width=\"994\" height=\"768\" srcset=\"https:\/\/123designs.biz\/blog\/wp-content\/uploads\/2015\/01\/123D_Tooling-Cost-Infographic1.jpg 994w, https:\/\/123designs.biz\/blog\/wp-content\/uploads\/2015\/01\/123D_Tooling-Cost-Infographic1-300x232.jpg 300w\" sizes=\"auto, (max-width: 994px) 100vw, 994px\" \/><\/a><p id=\"caption-attachment-74\" class=\"wp-caption-text\">Budgetary manufacturing costs of a plastic cell phone case<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a title=\"123DESIGNS.biz\" href=\"http:\/\/123designs.biz\">123DESIGNS.biz<\/a>\u00a0created this infographic because most clients find the costs of true mass production daunting, yet attainable with proper business planning. \u00a0We want inventors to understand the real costs of bringing a new plastic product to market, and why fundraising is such an important part.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upfront costs of making a cheap plastic product often comes as a bit of a shock to new product developers. \u00a0The basic reason for this is that steel is expensive, especially the high quality steel used in plastic injection molding machines. \u00a0The\u00a0metal mold tool used to make inexpensive cell phone cases can cost more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":74,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[],"class_list":["bg-responsive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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