Risks and challenges
While there are many risks and challenges typically associated with this kind product, we are in a great position to succeed. Most importantly, we have completed all prototyping, conducted extensive testing, and possess final samples. We have secured a mass manufacturing factory in China and a final assembly line in South Korea. We now need the initial funding required to purchase raw materials to start the mass manufacturing process.
Although Mini-O is the first product in the U.S. to be made with Flat Magnetic Speaker Technology, the technology has already been certified and debuted in several Asian countries. Regardless, it is still the technology’s first debut in the U.S. market and the public may be wary of the power and quality of Mini-O. However, given all the tests we have conducted, we do not believe this will be a concern.
Furthermore, given that our product is battery-powered, it needs to be shipped by sea from Korea to the U.S. While we can facilitate this process to a certain extent, there are various factors that we cannot control. Although we keep extra inventory in our U.S. warehouse, we run the risk of possible delays in shipping when encountered with unforeseen events.Learn about accountability on Kickstarter
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