Originally Posted by Frawg
I think I'd try to understand the market pretty well before committing $5500 to the idea. It might be worthwhile to buy just a few, even at a higher price, and see what sort of price you could get for them, realistically -- even if you had to sell at a loss. Chalk it up as the cost of market research. Better a small loss to protect against a potentially larger one later on.
I think he means he can SELL them for $55 each ... so his cost would be much less than that to realistically make a profit on them. Then you have quality of the product, colors available ... a whole lot more than I'd want to deal with. But then I probably would have a tough time selling water to a guy in the desert.
Guess that's why I'm in Engineering and manufacturing rather than marketing!