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How much does it cost to make a piano?

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  • How much does it cost to make a piano?

    I am talking about the materials and the effort...

    What is the real cost of a piano?

    I bet it is less than the half of their retail price.
    <div class="signaturecontainer"><div align="center"><font face="Palatino Linotype"><font size="2">My very psychedelic music:<br />
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  • #2
    You are wondering if manufacturers and retailers are marking up the price of an item to make as much profit as the market will support? I suspect you are correct.

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    • #3
      Damn capitalists!
      <div class="signaturecontainer">Best Regards, James<br />
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      • #4
        Materials
        Man hours
        Transport
        R&D
        Infrastructure
        Administration
        Electricity bills
        Customer service

        The stores have to make a profit too. They make as much, if not more, on each piano sold than the companies that produce them. The same thing applies to the stores (employees, administration, building rent, electricity bills, etc.). And they have no choice but to make a bigger profit on each product since they sell a lower amount of products than an electronics store).

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        • #5
          I am talking about the materials and the effort...

          What is the real cost of a piano?

          I bet it is less than the half of their retail price.


          Your question ignores the sales and distribution chain. After a piano is manufactured, there is a cost to ship to a distributor or store. Then the store costs are involved.

          Your question also ignores overhead costs at the manufacturer.

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          • #6
            Don't forget the ridiculously specialized equipment that is required to build a piano.

            Are you thinking of doing-it-yourself?

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            • #7
              In the apparel industry, the wholesale price is usually about 200% of production costs, and retail price is about 250%-300% of wholesale price. So basically, the final price is about five to six times the production costs. I don't know if this is a general rule across all retail.

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              • #8
                According to this book, it takes eleven months to make a Steinway concert grand piano from forest to finish. I'll bet my cheapo spinet didn't take that long.

                Interesting thought: a Jupiter 8 would sound exactly the same, whether lovingly assembled by hand one at a time on a master technician's bench, or mass produced in a Shanghai sweatshop. But acoustic instruments still benefit greatly from the efforts of craftsmanship.
                ComputerMusicGuide.com

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                • #9
                  Don't forget the ridiculously specialized equipment that is required to build a piano.


                  Once upon a time, when pianos were standard equipment in most homes and canoes were the dominant form of inland watercraft, small companies could buy components (the action, the keys, cabinet parts) and assemble them in relatively small local factories. The quality of the piano would depend on the quality of the parts and the expertise with which they were assembled. I doubt that sort of thing is possible these days.
                  Hi Mom!

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                  • #10
                    I bet it is less than the half of their retail price.


                    Of course it's less than half...the rest of the price is for shipping, inventory, advertsiing and marketing, etc. plus the markup above wholesale for the dealer to make his profit.

                    A lot of musical instruments wholesale for about 50% of MSRP. I don't know if pianos wholesale that low but it gives you a rough idea.
                    <div class="signaturecontainer">My VCAs go to<b> 11</b></div>

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                    • #11

                      What is the real cost of a piano?


                      I don't know. All I know is that playing a great piano is priceless.
                      <div class="signaturecontainer">&quot;Part of an instrument is what it can do, and part of it is what you do to it&quot; - Suzanne Ciani, 197x.<br />
                      <a href="http://acapella.harmony-central.com/showthread.php?t=2077413" target="_blank">Synthesizer Programming Megathread - add your tips &amp; tricks or ask how to recreate sounds!</a></div>

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                      • #12
                        Put it in this way...if I want to start a factory of pianos, how much do I need?
                        <div class="signaturecontainer"><div align="center"><font face="Palatino Linotype"><font size="2">My very psychedelic music:<br />
                        <a href="http://www.reverbnation.com/fullmooninthehaze" target="_blank">Full Moon in the Haze</a><br />
                        <b><a href="http://www.reverbnation.com/play_now/song_10762373" target="_blank">«Pequeña MelodÃ****a para Luisa 1»</a><br />
                        <a href="http://www.reverbnation.com/play_now/song_12302271" target="_blank">«Vals Prescindible»</a><br />
                        <a href="http://www.reverbnation.com/play_now/song_8225313" target="_blank">«Vals Imprescindible»</a><br />
                        <a href="http://www.reverbnation.com/play_now/song_4933803" target="_blank">«Vanessa Cardui» </a><br />
                        <a href="http://www.reverbnation.com/play_now/song_2921967" target="_blank">«Suave Luna Azul»</a></b><br />
                        <a href="http://www.free-chat.biz" target="_blank">Free-Chat.biz The best website to chat freely with people around the world!</a></font><br />
                        <font size="1"><i>«...y conoceréis la verdad, y la verdad os hará libres...»</i><br />
                        </font> </font></div></div>

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                        • #13
                          Srs? I mean it's cool if you are, but that seems to me to be a big undertaking. I know I'd give up before I finished the business plan.
                          ComputerMusicGuide.com

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                          • #14
                            Making a piano involves 1000s of secret methods passed down from generation to generation. Watch the documentary The making of Steinway L1037. If you attempt to reinvent how to make a decent piano, prepare to make 100's before you get anything half decent. Unless you train under a seasoned expert.

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                            • #15
                              I think just making the metal frame for a piano would cost more than you'd think.
                              Electrics: Fender '73 Mustang RI, Epiphone Inspired by John Lennon Casino, Gibson 60s Tribute Les Paul Studio, Daisy Rock Retro-H Deluxe, Squier Hello Kitty Strat x2<br>Acoustics: Taylor 316CE-LTD, Seagull Entourage Rustic CW QIT<br>Basses: Squier Badtz Maru Bronco Bass, Aria CSB-300, Fender Mustang Bass RI<br>Amps: Vox TB18C1, Vox Pathfinder 210, Peavey Transtube Envoy, Ampeg Micro VR Stack<br>My Band: <a href="http://mittensband.com" target="_blank">http://mittensband.com</a>

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