In this episode...Sofeast's CEO Renaud Anjoran and Adrian kick off the episode by talking about Hong Kong's new and improved immigration and Covid procedures and the heatwaves and droughts in China that have been affecting manufacturing there.The main topic is getting to grips with is calculating how much money is required for prototyping and then launching your new product - a popular question for many entrepreneurs and SMEs who aim to bring their new product concept to market! Show SectionsWhat's your investment required to be ready for manufacturing (NRE costs)? How much is the unit cost going to be? What will the selling price be?NRE costsTotal landed cost per unit (production & shipping cost) Related content...Sofeast can support you when bringing your new product to market in almost all aspects discussed in this episode, for instance, select our NPI support solutionExplainer: Hong Kong’s ‘3+4’ Covid-19 hotel quarantine arrangements for international arrivalsChina drought causes Yangtze to dry up, sparking shortage of hydropowerNew Product Launch ProcessWhat Are Your Non-Recurring Engineering Costs for Production in China?Getting To Grips With Non-Recurring Engineering Costs (NRE) [Podcast]How to calculate landed costDangers of Amortizing Development Costs in the Production Price Get in touch with usConnect with us on LinkedInSend us a tweet @sofeastPrefer Facebook? Check us out on FBContact us via Sofeast's contact pageSubscribe to our YouTube channel Subscribe to the podcast There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please:Apple PodcastsSpotifyStitcherGoogle PodcastsTuneInAmazon PodcastsDeezeriHeartRADIOPlayerFMListen NotesPodcast AddictPodchaser