crowdfunding

Crowdfunding ain’t easy

It’s April 10, 2012 and a new smart watch company launches its first Kickstarter campaign. 30 days later and they’ve beat all the crowdfunding records — raising $10,266,845. Three years later, they launch again and raise $20,338,986. Man, this Kickstarter thing is easy! A year later, they launch another product and raise $12,779,843. This is like free…

Read More

A New Retail Growth Model for Product Startups

This blog post talks about the explosion of product startups and why the retail growth model at Retailbound is an answer to complete this “ecosystem” of turning these startups into stable companies. Today’s Scenario: There’s never been a better time to be a consumer product entrepreneur. Manufacturing has improved for small scale companies. Crowdfunding provides…

Read More

5 Top Reasons to Use Crowdfunding to Launch a New Product

If you are not using crowdfunding to launch at least one product per year, you are missing out on billions of dollars of risk-free revenue and millions of new customers. This is true whether you are an established company used to traditional product launches or a funded startup looking to come out with a bang.…

Read More

Getting Your Product Fully Crowdfunded ≠ Success

Today we are talking about what happens AFTER you get your product fully crowdfunded. Common misconceptions exist as well as a general underestimations of the tasks at hand to succeed in the marketplace. Feeding the backers After your project on Kickstarter, Indiegogo, or wherever is finished and funded, you of course have to supply your backers.…

Read More

Many Consumer Product Startups Don’t Survive Retail Because of…

You’ve developed a great product, ran a successful crowdfunding campaign, have investors, positive feedback, received some retailer or distributor interest, and have even nailed down mass-production. Your team is comprised of mostly product engineers, developers, and perhaps some online marketers. Maybe you yourself are heavily involved with helping to create the product. It’s time to…

Read More

Crowdfunding for Product Manufacturers

So you’re an entrepreneur, a startup, an inventor, a manufacturer, or all of the above that needs money for a new venture. Where are you going to turn to raise the money that you need to bring your idea to life? The answer is most likely crowdfunding. Everyone loves innovation and new products, so luckily,…

Read More

5 Questions For Better Margins

Guest Blog written by Sean De Clercq – CEO at KickFurther, a service company that helps product businesses access the crowd to improve cash flow and build their brand. Sean can be reached by email at sean@kickfurther.com or visit his website http://www.kickfurther.com   I’ve been working in the supply chain industry for 7 years and…

Read More

Should I Consider Venture Capital Or Not

Guest Blog written by Steven Shamrock – CEO and Founder of Shamrock Accounting, a Chicago-based Accounting & Tax firm.  Steven can be reached at 630-344-2642, by email at steve@seshamrock.com, or visit his website www.seshamrock.com How many of the business owners or future business owners reading this blog have thought about expansion? Many perhaps not, but…

Read More

What is Kickstarter and How Does it Work?

With nearly everything available or possible online, the internet has become an additional avenue for fundraising. Websites such as Kickstarter, IndieGoGo, and RocketHub have experienced World Wide Web success with their crowdfunding websites, each catered to specific audiences or product categories. So what is crowdfunding? It can be easiest described as proposal to raise money to…

Read More

Crowdfunding: Is It For You?

Crowdfunding is yet another online trend which has exploded in recent years. The easiest way to define crowd funding would be a project created by a person or a group asking for financial backing from those interested in the project or initiative. It is a way for those without the financial resources to raise money…

Read More