10/19/2026
You sold a product for $50. It cost $9 in materials. So you made $41, right?
Not exactly.
What about your labor? Machine time? Consumables? Packaging? Overhead? Selling fees? And those occasional mistakes that end up in the scrap bin?
For makers, woodworkers, 3D printing enthusiasts, and small-business owners, understanding what something really costs to produce can be the difference between making sales and making money.
And here's the other side of the equation: What something costs to make and what it's worth to a customer are two very different things.
We just published a new article at MakerSense IQ that explores the economics behind handmade and small-scale manufactured products, including a practical example that might surprise you.
No magic pricing formulas. Just a better way to think about cost, price, and profit.
Read the full article:
https://makersenseiq.com/learn/how-much-does-it-really-cost-to-make-your-product/
A maker's guide to cost, price, and profit.