VXC Products survey...

[Knigh7s]

I kickstart (read: purchase) a lot on Kickstarter. The one main gripe is not having a project meet deadlines and or not coming to fruition at all. Leaving everyone that helped fund a project at a loss of funds.

I'm putting together a personal project on kickstarter myself and it is pretty straight forward. The difficult part is coming up with a delivery date and sticking to it and delivering. In your project I'm sure there are a few variables to account for as well.

IMHO, communication is key before and after a project is funded, and having a clear goal and product availability to those that fund.

Also, if choosing this route, you may be able to get everything you need done for manufacturing for most or even all your products based on your poll above.

[JoFotoz]

Have you come up with prices yet?

You'll need a 'normal' retail price to publish..
.......then those that back a 'kickstarter'...
...get a discount off that .

Its a good system in that you get 100% valid orders PAID upfront...
..rather than 30 people saying YUP..then never following through.

However, you need to get enough to finance.. in order to satisfy
the orders for those that do put money upfront.... or you have to refund I believe?

IIWY.... I'd start with the front/back & side skid plates.

Offer a package on all 4 ( front/back & two sides.)
A deal for just front & back
A deal for front OR back
A deal for just sides.

Just my 2 cents!

Jo

[JoFotoz]

OK..some actual 'rules'


How does Kickstarter work?

Thousands of projects are funding on Kickstarter at any given moment. Each project is independently created and crafted by the person behind it. The filmmakers, musicians, artists, and designers you see on Kickstarter have complete control and responsibility over their projects. They spend weeks building their project pages, shooting their videos, and brainstorming what rewards to offer backers. When they feel ready, a creator can launch their project on the site and share it with their community.

Every project creator sets their project's funding goal and deadline. If people like the project, they can pledge money to make it happen. If the project succeeds in reaching its funding goal, all backers' credit cards are charged when time expires. If the project falls short, no one is charged. Funding on Kickstarter is all-or-nothing.

Why is funding all-or-nothing?

All-or-nothing funding is a core part of Kickstarter and it has a number of advantages:

It's less risk for everyone. If you need $5,000, it's tough having $1,000 and a bunch of people expecting you to complete a $5,000 project.

It motivates. If people want to see a project come to life, they're going to spread the word.

It works. Of the projects that have reached 20% of their funding goal, 81% were successfully funded. Of the projects that have reached 60% of their funding goal, 98% were successfully funded. Projects either make their goal or find little support. There's little in-between.

To date, an incredible 44% of projects have reached their funding goals.

[Knigh7s]

To add to JoFotoz posts...

If you do get fully funded, you can look into backerkit.com. If anyone wasn't able to fund the kickstarter, you can setup "pre-orders" to let the late birds in, increasing your funding. Another great part is "add-ons" say I was only able to get the front and back skids, but after the goal was reached, I can "add" the side skids to my order, bumping your funds up again.