Finances
Little Haven costs $90 to manufacture. Here is a detailed cost breakdown:
1
Sensors: $40
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Thermometer: $10 (precision thermistor for ambient and body temperature measurement).
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Heart Rate Monitor: $15 (optical sensor with medical-grade accuracy).
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Pulse Oximeter: $15 (compact, non-invasive design for reliable oxygen saturation monitoring).
2
Fabric and Layers: $35
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Thermal Cotton Layer (Winter):
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Organic brushed cotton fabric: $10 (hypoallergenic, moisture-wicking for comfort in cooler weather).
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Cooling Gel Layer (Summer):
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Medical-grade TPU gel pouches containing phase-change material (PCM): $11.
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PCM fabric covering: $10 (breathable, soft, and durable for safe skin contact).
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Assembly Costs: $4 (sewing, attaching sensors, and final assembly).
3
App Integration and Packaging:
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App and CarPlay integration development: $10 per unit (amortized over initial development costs).
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Packaging materials: $5 (eco-friendly and visually appealing for retail display).
Pricing
With a retail price of $125, Little Haven maintains a 28% gross margin, enabling profitability while remaining accessible to a wide range of families.