ImagiGadget CEO interviewed by Matt Lesko at leskofreeradio.com
Now that the project has made it's goal the big question is what will I do with extra funds; easy- expand the production line accordingly. For every $3k I can get a new printer, plastic, accessories, and shipping. This will keep fulfillment times between 30 and 60 days after the project end date no matter how much it brings in. I will absolutely use some of the funds to improve the website www.wavehooks.com which needs some serious professional help.
I am expanding my line of Wave Hooks by adding another 3D printer. Wave hooks are modular 3D printed plastic hooks and accessories that allow you to vertically organize your space. Current accessories for the bath include the Shower Beer Holder, the Cubby Shelf, and the Wine Glass Holder. Future expansion areas include utility hooks and spice racks that attach to your kitchen cabinets using command strips, Office organizers that attach using push pins and accessories for the home, car, boat- really anywhere with a vertical surface.
The goal of $3,000 will allow me to purchase an additional 3D printer, pay for the plastic, fulfillment, and shipping costs for all of the rewards. Any money over the goal will go toward purchasing additional machines and expanding the production line to meet demand.
Our most popular product: the suction cup wine glass holder
Vertical Beer Pong: it speaks for itself. Wave Hooks make it possible to play vertical beer pong virtually anywhere.
Production and Fulfillment plan:
Production of each set of wave hooks requires:
1 Print of accessory
1 Print of Wave Hook
1 Attachment accessory pre purchased (Bulk suction cups and command strips)
Packaging and assembly
Project goal/purpose expense
Cost of new printer: $1,200.
Kickstarter Commission: $150
Aluminum Print Head Cradle: $150
Total cost :$3,00
Any additional profits over the stated goal will go toward continued expansion of the production line to include more printers, shelving, tools, and marketing expenses.
Risks and challenges
It has been a about 6 months of designing, printing prototypes, redesigning... and then there are the endless hours of fixing the printer.
The challenges at the moment are 1) advertising and 2) meeting demand.
I am currently producing these products- they are fully designed and manufacturable. This project seeks to expand the production line in order to meet larger scale distribution needs.The risks are mostly the unknown- if the printer breaks or something. I have been working with this printer for a year now, and completely torn it apart and reassembled it a few times, so I am pretty confident I can make it work.Learn about accountability on Kickstarter
- (30 days)