Crowd Funding Your Idea
By Alex 15-08-2020
At Papa Bravo we have a proven track record of taking products from early stage concept through to high volume manufacture.
We fully support crowd funding projects. With our own……
in-house prototyping capabilities and established manufacturing in both the UK and China, Shenzhen we really are your one stop shop.
So you have the next best idea for Crowdfunding…
Or require assistance with a recently successful crowdfunding project!
If you’re experienced or familiar with crowdfunding then you will know (or should) the importance of ensuring you are prepared in every area prior to launching your campaign. There are too many failure stories out there of people who have acheived funding yet not satisfied the deliverables due to lack of design preparation or inexperience of manufacture.
Here’s where we can help:
– Project planning
– Crowdfunding presentation material
– Full design support
– Full engineering development
– Final brand and packaging design
– Production manufacture
A typical crowdfunding campaign would usually take the form of a presentation that clearly defines your product or business idea, and invites backers to contribute towards the development costs of the project in return for a ‘reward’.
The reward may vary, depending on the amount pleged value for the project, with a typical reward being a chance to be one of the first people to own the product, or receiving a discount.
“A good product pre-sell is critical in raising the required funding capital”
Crowdfunding allows you to get investment for your project without needing to give away shares or rights to the idea’s intellectual property. The usual format involves pre-selling the finished products and other special items such as limited editions. Not only does this give you the funding you need but also gets your product on to the market immediately upon production completion with an established customer base.
“Ensuring an experienced design team and manufacturing solution is in place from day one is vital to the projects overall success”
So you’ve got the crowd funding, monies have been released and the clocks ticking… You need help turning your pitch/concept into reality!! If you’re looking to refine your concept, fully design your product or just project management support into production launch we have all the bases covered!
Through the employment of in-house toolmakers managing your projects, ts design has vast experience from taking products from concept to production launch. With an established supply chain including Apple authorised vendors and in house medically approved and low cost supply options ts design can help makeyour product the next success story.