Why is This Worth So Much $$$$?

Рет қаралды 33,154

10 ай бұрын

I was shocked to find out how much money this cook book or iPad stand is worth. I had no idea! I had to look into it more to find out what drives people to throw money at it. I made this woodworking project using some construction lumber and other very cheap materials.
A cook book stand is a fun woodworking project to tackle and this one is pretty easy. The overall cost of materials is very cheap compared to many workshop projects. It’s also a rustic looking item so you don’t have to build it methodically. You can simply get into the workshop and make a cool project!
Get extra perks and help to support this channel by joining the Superhero Community: / newtonmakes
•• About NewtonMakes••
I’m Billy and I make fun things. Sometimes, it’s something I need like tool storage ideas. Other times it’s silly or nerdy stuff that I want to build. If you want to get ideas for making stuff, or just want to watch something entertaining then make sure you subscribe.
Like that sweet t-shirt I was wearing? Check it out here: newtonmakes.com/merch
•• My Links ••
Website: newtonmakes.com
Instagram: / newtonmakes
Facebook: / newtonmakes
Here’s a list of tools and materials that I used to make this project. As an Amazon Associate I earn from qualifying purchases.
•• Tools & Materials ••
My Amazon Store: www.amazon.com/shop/newtonmakes
Table Saw: amzn.to/2RwQTJa
Crosscut Saw Blade: amzn.to/3kezMHf
Microjig Grr-ripper: amzn.to/38J7Buz
Double Sided Tape: amzn.to/3sOtnbd
Random Orbit Sander amzn.to/2RxjkXo
Drill Press: amzn.to/36yRj5U
Wood Glue: amzn.to/2tU6B8d
Miter gauge: amzn.to/3y1HM8C
Wood Stain: amzn.to/43dXI4v
Hinges: www.menards.com/main/hardware...
Screws: homedepot.sjv.io/c/4460848/45...
Oak: www.homedepot.com/p/Weaber-1-...
2x6 board: www.homedepot.com/p/2-in-x-6-...

Пікірлер: 61

@mikebond6328 10 ай бұрын

I browse the “wrong color” paint section at the hardware store and usually find a color that I can live with for a couple dollars.

@michaelbradford4444 10 ай бұрын

I had to shake my head to make sure I wasn't dreaming when I saw how much these holders are selling for ! I'm going to make one just for the hell of it. Good job and good video also!

@NewtonMakes 10 ай бұрын

I'd love to see people make them and determine for themselves how difficult it really is.

@MadMonk67 10 ай бұрын

I made one last year, with the back board in the shape of a house and used a drawer pull to create the lip off of the bottom plate. I didn't use a full-width board for the back, just a 3" wide piece with a single hinge mortised in so it lays flat. I managed to use a low-profile screwdriver to tighten down the hinge screws on the back. My wife loves it and now I can tell her I've saved over a hundred bucks that I can put toward shop tools/supplies/wood. 😀

@georgestgeorge5110 10 ай бұрын

I made mine in a viking chair style. Not only adjustable for book size, but flat packs if you want to put it away.

@WoodUCreate 10 ай бұрын

Another fun project. Thanks for the video, I love all the ideas and your implementation.

@williamellis8993 10 ай бұрын

The really unbelievable part of this is that someone will actually pay that much for one of these. Bill

@NewtonMakes 10 ай бұрын

Gotta show your friends you have the same book holder as Oprah. That's 100% th best and healthiest way to impress people!

@mb246 10 ай бұрын

Um produto fácil de ser feito e muito bonito, vou copiar a sua ideia . Muito obrigado, felicidades

@jimrosson6702 10 ай бұрын

Great idea and great little project thanks for sharing

@buzzroadguy 10 ай бұрын

Learned something with the hole for the hinge screw. Thanks a lot.

@paulnoble8695 9 ай бұрын

Hi, thanks for sharing, and in particular, your reasoning for scaling the product. When I've produced kitchen items like yours I've used a wax finish on top of the paint finish (a great wipable surface for those "happy" accidents. Thanks again for your common sense approach.

@adamc3474 10 ай бұрын

Find more projects like this that you can make for a low cost and sell them for lower than the store sells them for could be a good small business. Most of the time buying at the store is less expensive but not always. Keep making and stay awesome.

@kennylakits4093 10 ай бұрын

Love it, that is so the world we love in!!!!!

@onsapplikasies8620 10 ай бұрын

Cool project.

@FearsomeWarrior 10 ай бұрын

Great project. Love how yours turned out. Very good project to try for a weekend. Oddly similar skills and operations to building a bench hook. I am never surprised to see markup. A couple decades ago I took Math for Business as a requirement. There are products that sell with narrow margins. Then there are many items that have 1,000% markups and they are not uncommon. Stuff with markups in the three thousands up are all over. Unit volume helps with this happen even more easily. If we didn’t have crazy markup companies can’t make money to pay for the crazy things like shipping, truck payments, insurance, paying truck operators, people who design products, and many more.

@NewtonMakes 10 ай бұрын

Absolutely agree

@gpcoins539 10 ай бұрын

An example of this type of pricing is a place that sells furniture named (sounds like may dare). They sell blanket ladders for up to $200 that I can build for under $20. Maybe I need to get into the blanket ladder business.

@MCsCreations 10 ай бұрын

Brilliant work, Billy! It turned out beautiful! 😃 Either way, I started to cook a while back and I'm really liking it. I've been getting recipes from the internet, copying to the Word (on my smartphone) and saving as PDF. But it's not exactly easy to read them on the smartphone... So I'm thinking about a tablet, some kind of reader for books as well... I don't know... The issue is needing another SIM card and so on... 🙄 Anyway, stay safe there with your family! 🖖😊

@NewtonMakes 10 ай бұрын

I wish I had a passion for cooking. I DO have a passion for eating, so I got that going for me. 😂

@MCsCreations 10 ай бұрын

@@NewtonMakes Well, cooking never crossed my mind as well... Until my father started talking about a kind of food that I also like and I started to look for recipes, out of curiosity. 😂

@j316finewoodworking6 10 ай бұрын

LOL I was actually getting ready to make some of these.

@NewtonMakes 10 ай бұрын

Boom! Now you may have some more info on the process.

@michaelwillson6847 10 ай бұрын

Nice little project billy think u need do more these be good to aee what u come out with. A saw Matthew peech did vidoe recently and showed the price these aswell its insane. May have to one with a dark elm inset! 🏴󠁧󠁢󠁳󠁣󠁴󠁿👍

@NewtonMakes 10 ай бұрын

He did this exact one? I'll try to keep an eye on other opportunities for videos like this if people like them. 👍

@michaelwillson6847 10 ай бұрын

@@NewtonMakes am sure it was the same one think the one u did was from pottery barn? Have look at his videos think 3 videos ago somewhere about there think these small projects would be good especially for people to make with seasons coming up.

@kevintravis2154 10 ай бұрын

Nice job. Looks awesome. Price is right. Not sure why anyone would pay those ridiculous prices.

@pauladams7547 10 ай бұрын

I built one recently with a very “cutting board” glue up. Was wondering what angle you used. Thank you

@NewtonMakes 10 ай бұрын

Stand is at 45 degrees

@ChristIsLord229 10 ай бұрын

I like your channel because its not full of crap.

@NewtonMakes 10 ай бұрын

#crapfree

@pb-bx1ll 10 ай бұрын

Great video thank you. What was the angle of the bevel?

@NewtonMakes 10 ай бұрын

Feet are 22.5

@tcbridges 10 ай бұрын

These look great. I think I will make some for Christmas gifts. What was you angle cut to unfold Thanks for the great video

@NewtonMakes 10 ай бұрын

45 degree for the stand

@CidTubino 10 ай бұрын

Hello, I'm Cid Tubino, I live in the city of Porto Alegre, State of Rio Grande do Sul, Brazil What program do you use to make the projects? Congratulations on your excellent work.

@carolpowley4339 10 ай бұрын

Love it! What were your dimensions when you finished it?

@NewtonMakes 10 ай бұрын

11" wide x 11.5" tall

@makenchips 10 ай бұрын

I like the accounting that you did on this and you do have a point but the other point is you didn't hit in all your fix glass know your time cost nor shipping nor nor nor nor! Did a nice job on a project I really like that. It is hard to compare prices because you don't have all the other data but your point is well taken if you're going to make it a scrap materials or inexpensive big butt stuff million ways of doing it! Let us know the true cost of it!

@geoffriggins 10 ай бұрын

I need a little light over the top of mine. I like to cook in complete darkness.

@NewtonMakes 10 ай бұрын

For you...anything! 😂

@ArchEdge 10 ай бұрын

Its a pity that the guy who actually made the bookstands, isnt getting $175..... the Retailer is..

@NewtonMakes 10 ай бұрын

Where's my $175?! Certainly not even close to that much from the views on this video. 😂

@THEBIGBOSS1978 8 ай бұрын

Are all of those angles 45°

@cityfiedredneck6841 10 ай бұрын

$1000 ?!?!! ... I'd say closer to $6000. Shoot! If other KZfaqrs can take a couple of garbage slabs, run em through a planer, pour some colored epoxy between them, add 4 legs and sell it for $35,000, yeah, $6000 minimum.

@mrmoto7682 6 ай бұрын

Sir, I will not pay a dollar over $999 for that. Looks beautiful.

@djVania08 10 ай бұрын

It's not the item. It's the brand and story around it. Anybody can make this, almost no one will be able to sell it for that price...

@user-pj2xd2tt5g 2 ай бұрын

I like it but I like $189.00 better so I’ll make My own like you did. The other one is so much money for the simple reason, because people pay for stuff like that. If I’m going to pay that much for a cookbook stand it better summon tiny men with purple fingers to cook the food for Me when I put a cookbook onto the stand.

@b3arwithm3 10 ай бұрын

Where do you live? A 2x6 under $5 is a steal. In California even a 2x4 is that much.

@jovairiaawan1217 5 ай бұрын

Why do they all look iterations of the Ka’ba in Mecca :) I’m not complaining…but also …what…

@DuricCustomWoodwork 10 ай бұрын

It's unbelievable that just a simple "Oprah's magazine" advertisement and boom charge $100's more per item.

@NewtonMakes 10 ай бұрын

Oprah has the power of an Olympian goddess over her faithful.

@b3arwithm3 10 ай бұрын

There are no evidence they are selling enough volume at this price.

@NewtonMakes 10 ай бұрын

There's perhaps no evidence available to us but sales data exists. We can make a few assumptions that have a high liklihood of being correct, one of which is the cost of maintaining a supply chain. Companies need to avoid high inventory storage times. Due to customers expecting quick turnarounds on purchases, large companies with overhead can't afford to offer items not selling. If this many are listing this item at these prices, they're almost certainly selling them at a reasonable pace. I worked in supply chain risk management.

@b3arwithm3 10 ай бұрын

@@NewtonMakes I did not look closely at the sites you listed, but I see lots of overpriced items on Etsy. They don't make it until we order just there is no cost for putting up a listing. I feel, like most items, hand made is hard to stay competitive against manufactured items. In this case, most people don't even use books anymore.

@yurialtunin9121 10 ай бұрын

Oprah buys them at 30 usd per piece and sells at 180 usd.

@BobBob-eh5sb 10 ай бұрын

Idk, but you can post any price. Doesn’t mean you’re going to get it. And, just because someone has the knowledge and or skills to make big bucks doesn’t mean that have the sense to know the value of these sort of things. These days I think the real key to making money woodworking is to build you stuff on KZfaq and have a lot of subscribers 😅

@NewtonMakes 10 ай бұрын

I agree with every single thing you said, including the last part. People can make money woodworking and selling things but it's a difficult gig doing it full time and making enough money to support a family. But, I'll let you in on a secret...the average creator is getting about 20-30% of their video views from subscribers, which is what YT pays for. So that channel with few subs but some high views is secretly rolling in enough dough to buy ALL the cookbook stands.