GB GONE Posted November 4, 2004 Report Share Posted November 4, 2004 Has anybody isolated their costs down to how much it costs a bait to pour?? I'm sure a 10" worm is more than a drop shot but do you include the costs of the mold as well? Just more curious than anything and not trying to get to analytical here but I would guess around 5 cents or so. I know if you get a 55 gallon drum of plastic and a pound of glitter your costs go down but on average what do you guys think. Jim It's raining here so I can't leave work and go fish...so, I'm making a few plaster molds and thinking about pouring. Work is good right now!!! Quote Link to comment Share on other sites More sharing options...
Travis Posted November 4, 2004 Report Share Posted November 4, 2004 I would count the cost of the mold. If I was selling them then the everything envolved would have to be covered. Microwave, bags, pyrex cups, etc..... Quote Link to comment Share on other sites More sharing options...
woodsac Posted November 5, 2004 Report Share Posted November 5, 2004 I don't count the mold. The mold is added to my supplies that I write off at the end of the year. If I added all my supplies everytime, it would take $10 to make 1 worm I count the physicals for that particular style of worm. How much flake How much plastic % of coloring The hardest part is calculating your time. I like to order hand pours from all over the net. I like to compare the quality to my own. I've seen some guys charge outrageous prices for shotty quality. Just try and find a middle ground based on the length and style bait you're making. But undersale yourself. If you think that 10 worms are worth $5 so be it. But if you buy plastic by the truck load and can afford to let a 10 pack go for $2 there's nothing wrong with that either. Back to the beginning, I tried to calculate it once and I think it came out to about $.09 per bait for finesse baits. The larger baits were more. That's based solely on materials mentioned. That doesn't include time or packaging. Packaging adds up quick! Quote Link to comment Share on other sites More sharing options...
Travis Posted November 5, 2004 Report Share Posted November 5, 2004 As far as the molds I would essentially say I want to recoup my cost in X amount of worms. Of course we wouldn't try to recoup the cost in three or four worms but in several hundred is a completely different story and perfectly feasible since writing off is only going to bring in a fraction of the original cost. All I am out to do is break even. Essentially support my hobby. If I was looking at it from a business stand point it gets a little dicey. Lot of expenses, then from what I understand you also have to take in account Wallop-Breaux taxes. Quote Link to comment Share on other sites More sharing options...
GB GONE Posted November 5, 2004 Author Report Share Posted November 5, 2004 Hey Travis....thats me too. I pour if someone offers to pay me but mostly I keep myself stocked with new colors. I have been able to pay for a few of those molds with the $$$ from my buddies in local tourneys!!! I was trying to get a guage so I can at least break even when they ask me to pour baits for them. I don't figure in my time (it might not be much $$$ anyway some days ) because if I'm not fishing, the next best thing is pouring or designing new baits!!!! Jim Quote Link to comment Share on other sites More sharing options...
Travis Posted November 5, 2004 Report Share Posted November 5, 2004 As mentioned earlier purchase some baits from different places so you can judge the quality versus yours and that might give you an idea what your baits might be capable of bringing. You will find those guys that want a special color because they believe it gives them a competitive edge and they will pay a little more to get this "one of a kind" color and even more for a bait. Just a quick check at member's sites here and you will find depending upon the type of bait and size, stuff going for 0.23 to 1.00 a bait. I have found a lot of guys are willing to pay mor, if selling in person, because if they have to purchase it over the internet and have it shipped that 5 dollar bag of 10 hand poured worms just has increased 10 + cents per worm at that point. Quote Link to comment Share on other sites More sharing options...
BigZ Posted November 6, 2004 Report Share Posted November 6, 2004 I sat down and calculated how much it cost per bait a while back and I was right around 8.5 cents each. This was for regular 4" baits. the cost will go up in proportion to the amount of plastic you use, highlight, glitter, scent, salt, etc...etc... I think the most detrimental aspect of pouring baits is the amount of time it takes to pour,package and post everything. Once you factor in the time it takes to complete every aspect of the process, the profit is marginal. I think I'll stick to designing baits and fishing them instead of commercially endeavoring to sell them. I really only pour for myself and a few friends and a couple tournament guys. I just like making molds and catching fish on the designs. If I could make more $ than I do now (technical consultant) doing worm stuff, I would quit the computer stuff right now! Quote Link to comment Share on other sites More sharing options...
GB GONE Posted November 6, 2004 Author Report Share Posted November 6, 2004 Ditto!!!!!!! Quote Link to comment Share on other sites More sharing options...
