003 Create better consumer products, make more money with Quirky
Listen to this episode on Stitcher and on SoundCloud. Creating a new consumer product used to be a somewhat solitary process. But what if you could throw thousands of your closest from around the world into a virtual room to harness only the best ideas for the names, designs, and functionality for really cool, new consumer products? And (here’s the kicker), what if you could get paid for your contribution? Quirky is a community of hundreds of thousands of passionate people from around the world who enjoy ideating, designing, and producing novel consumer products — collaboratively. Quirky’s Nethaniel Padgett, Community Director, joins us, David Stark and Zack Miller, to talk about how developing products and making money selling them has changed forever — on this episode of the ThisWeekinCrowdfunding Podcast. During our News segment, we discuss whether we’ve reached peak crowdfunding. Are you being hit up to contribute to all your friends’ weddings via crowdfunding? Co-host David Starkup Nation is and he’s pretty sick with it. Lastly, we review Kicktraq, an analytical tool backers and project owners use to determine strategies to optimize their campaigns and participation.