www.kickstarter.com
Thursday, February 3, 2011 at 8:14PM Kickstarter seems like a great low risk solution for getting a product onto the market. The process of searching for a Angel investor or applying for a small business loan are no longer the only options for getting a product to market. One of the main benefits of Kickstarter is if there is an interest in the product it will be evident in the number of funders. Also, the risk is minimized for investors as the "loans" are small and the return is specified. It is closer to shopping that investing which should make it more palatable. Also, those who invest feel involved in growing a possible business. With the traditional method, there is a large disconnect between the designer and their consumer. And considerations such as distribution channels, demand and dilution of ownership need to be addressed. If the product does not reach the consumer and sell the designer will be left with unwanted product and debt. In conclusion, Kickstarter seems to be an attractive option for industrial designers because there are fewer barriers and less risk in getting the product they envisioned in it's purest form to market.




