How much money do I make with Viktor Watches?
FULL BREAKDOWN:
Watch parts:
~44€ - a CHINESE 316L steal case
65€-80€ - Original NH35 movement
~25€ - strap
12€ - worth of tiny brushes for painting the dial
~10€ - sandpaper
5€ - watch hands
~5€ - brass, raw dial material
Shipping:
~10€ - 500g of 3D printing filament
2.70€ - box
~3€ - bubble wrap
~30€ - shipping cost (depends on the country)
TOTAL DIRECT COST:
Low estimate: €211.70
High estimate: €226.70
I sold 13 watches all together.
PRICE: 475€ 35€ shipping
TOTAL PRICE: 510€
After conversion fees, Stripe fees, and bank fees:
~470€ lands into my account
So my gross profit is:
250.08€ per watch
MY TOTAL GROSS PROFIT after the first batch was:
3250€
It took me about 2-3 months to make all of the watches, and in the meantime I paid around 1048€ in taxes and contributions for running the company.
So without any software subscriptions, any rent, any bills, any broken parts, any failed parts, any website costs, any failed prototypes, any design fails, any photography, any countless hours of R&D, the 20k€ invested into this, all the tools that break and so on and so on and so on....
...in 3 months, my total was take home profit was way below minimum wage for my country, exactly:
WHOPPING: 734€ PER MONTH!!!
HOW FUCKING GLAMOROUS!!!
But I do this because I love doing it, and yes, I will continue using chinese cases for another while.
What matters most to me is the work I put into every dial. Each one is hand-finished and hand-painted by me and me alone.
JUST painting the dial can take 4–5 hours to complete. No employees, just me and my microscope, and the excruciatingly painful hours that feel like they never end.