Home crap. I thought at first this was advertising an expensive wheelchair. TIL.
A $1k Wheelchair
211–220 of 456 posts
Re: A $1k Wheelchair
#212Earlier quoted context omitted.
for better or worse the entire Mr Beast empire and, to an extent, Logan Paul and his ventures (Prime, etc)
These never made it further than "I'm buying this because I like MrBeast/Logan Paul/etc." at least as far as I can tell. These wheelchairs are supposed to become good enough that any regular disabled person that can't walk* will seriously consider them even without knowing who makes them. *English isn't my first language, no idea what a proper inoffensive way to describe the target audience is. I mean no harm :)
I disagree mostly on the basis of Prime.
I see Prime in basically every convenience store, it seems to be a generally successful drink brand.
I knew about the drink before I knew that it had anything to do with Logan Paul and KSI.
Re: A $1k Wheelchair
#213Earlier quoted context omitted.
I ordered a Beast Burger on Door Dash without having any clue it was a Mr Beast thing until it showed up and was heavily branded. I wanted a burger and figured I'd try something new. I had never really watched any Mr Beast videos at that point. For whatever reason, he is never recommended to me. The seasoning was so strong it was a bit hard to eat. I assumed it was covering up for lower quality meat or something. I h…
Mr Beast burgers werent even a real restaurant. Theyre just faceless ghost kitchens with a mrbeast sticker slapped on top.
As it pertains to the original query of this comment thread, whether this is a real business model, it doesn’t really matter that it’s not “a real restaurant,” what matters is whether it’s a viable business that makes money.
Mr. Beast burgers is not really that different than McDonald’s franchising if you really think about it. Most people don’t buy a McDonald’s burger based on who the franchise owner is and how they run their restaurant, they’re buying a McDonald’s burger because of the McDonald’s brand and product.
McDonald’s captures 80% of ~~revenue~~ net income and leaves only 20% to franchisees.
Essentially, the concept is the same: the business value and profit margins are owned by the brand and the laborious act of delivering the product locally is a thin-margin interchangeable “ghost kitchen.” Not only that, the power dynamic is one where the franchise dominates the franchisee. The physical kitchen, its owner, and its employees are replaceable, the nationally recognizable brand is not.
I would argue that ghost kitchens basically take the franchise concept to the logical 21st century conclusion: essentially, why bother doing all the expensive stuff that McDonald’s does with their franchises when your storefront is digital and anyone with a flat top, fryer, and a pulse can follow the directions to produce your fast food product?
Re: A $1k Wheelchair
#214$1k for a manual wheelchair? and that is considered cheap?
I have no idea why a wheelchair should be that expensive. We get them here in India for far less - you can buy pretty good wheelchairs for much less than $100. You can get powered wheelchairs for around $500.
https://www.amazon.in/b/ref=dp_bc_aui_C_3?ie=UTF8&node=11365...
Re: A $1k Wheelchair
#215Earlier quoted context omitted.
Mr Beast burgers werent even a real restaurant. Theyre just faceless ghost kitchens with a mrbeast sticker slapped on top.
As it pertains to the original query of this comment thread, whether this is a real business model, it doesn’t really matter that it’s not “a real restaurant,” what matters is whether it’s a viable business that makes money. Mr. Beast burgers is not really that different than McDonald’s franchising if you really think about it. Most people don’t buy a McDonald’s burger based on who the franchise owner is and how they…
>McDonald’s captures 80% of revenue and leaves only 20% to franchisees.
Most of the revenue goes to paying employees, real estate cost (rent or depreciation), energy cost and cost of ingredients. You mean, "captures 80% of the net income". Or profit.
Re: A $1k Wheelchair
#216The BOM for this wheel chair is probably 200-300 of just wheels and bearings maybe more. People who say this can be bought for 200$ are completely out of touch. You can’t even buy a decent bike for much under a grad new and bikes have much better scale.
[dead]
Re: A $1k Wheelchair
#217Earlier quoted context omitted.
As it pertains to the original query of this comment thread, whether this is a real business model, it doesn’t really matter that it’s not “a real restaurant,” what matters is whether it’s a viable business that makes money. Mr. Beast burgers is not really that different than McDonald’s franchising if you really think about it. Most people don’t buy a McDonald’s burger based on who the franchise owner is and how they…
>McDonald’s captures 80% of revenue and leaves only 20% to franchisees. Most of the revenue goes to paying employees, real estate cost (rent or depreciation), energy cost and cost of ingredients. You mean, "captures 80% of the net income". Or profit.
Yeah I think you’re right.
The numbers I’ve been able to find are:
4-5% of gross sales as franchise fee
8-12% of gross sales as rent (McDonald’s corporate is often the landlord)
I.e., 12-20% of gross sales are going to McDonald’s.
Re: A $1k Wheelchair
#218Earlier quoted context omitted.
TW also makes a lot of bikes. The amount of parts and fabrication on these wheel chairs don't look close to a $1000 bike, but I don't know how much component costs for wheel chairs are. Again, speaking from ignorance, this looks like $200 of assemble at parts that can then be taken to a bike shop to tune up for another $100. IMO the disconnect is this looks like such a rudimentary/basic product and it's hard to see t…
>The amount of parts and fabrication on these wheel chairs don't look close to a $1000 bike Only because bikes are made up of commodity parts from many suppliers which drive the costs down, whereas this is mostly bespoke. It is hilarious that people keep throwing out prices of $200 or $500, when $200 might get you close to the cost of one of the wheels on this. >IMO the disconnect is this looks like such a rudimentar…
Looks like very little bespoke parts - the front pork pieces, that's some worker feeding pipe stock to an expensive machine after punching a few numbers for $10 an hour. The wheels are commodity, can't imagine the BOM for something like this is >$200. Competitors are other western companies charging even more exorbitant prices, they managed to charge less which is great. But that doesn't mean the cost is not still overall absurd for what you get. Maybe reasonable American manufacturing prices, sure, it's a good value product. I'm not familiar with the machine, but I've priced out bending aluminum pipes for various architecture details and fitness equipment and per piece price is peanuts in Asia compared to fabricating in NA.
Re: A $1k Wheelchair
#219Earlier quoted context omitted.
https://www.vice.com/en/article/mechanics-ask-walmart-major-... https://old.reddit.com/r/MTB/comments/z2d5h5/walmart_bike_un... So for $118 you get a really poor quality bike that you probably can't repair. Or perhaps you'll end up with one that's just unsafe. $400–500 is probably a reasonable price point, but that'll get you something that's adequate at best. Heavy, clunky, and unpleasant to ride.
Yes, the $118 bike is not going to be much fun, and may be assembled dangerously. It's still a bike , though, and a little TLC and attention to assembly before riding will prevent a significant number of problems. Even the reddit thread you linked just required some screw tightening and replacement of a derailleur -- and a cheap Shimano derailleur is $20 from my local bike store. Even if we completely discount the $1…
Yes, the $118 bike is not going to be much fun, and may be assembled
dangerously.
Yes, it will be heavy and clunky, but it will function in all of the ways
that it is important for a bike to function.
Re: A $1k Wheelchair
#220Earlier quoted context omitted.
I don't think/know there's equivalent manufacturer over seas, just insinuations it could probably be done much cheaper over seas, customization included. High performance light weight wheel chair "feels" like there's a lot of overlap with making bicycles and I find it hard to believe you can't find a shop in an East Asian bike factory that already has the machines and labourers with years of experience bending alumin…
Shipping will eat labor savings alive for these. Their frames are rigid so you'd have to either ship them in huge boxes the slow way (terrible for a custom product like this [0]), air freight them (probably upwards of 300 dollars for the size? That's just a wild guess though) or ship them disassembled and take the durability hit that would require. If they were less customized to fit the user you could but it's not t…
Looking the configurator (very cool btw) the bespoke part is a few bends in the front fork, rest of it is modular parts that are fastened together. Looks like you can stuff hundreds of these in a container to bring piece cost down. I do think the big selling point is speed since they talk about months of lead time from other vendors. Regardless, looks like much cheaper than competition - I admire what they're trying to do.