Crowdfunding has been around as an alternative to investing in new products for a long time. But it has really skyrocketed in recent years, and now it’s an integral part of the startup industry.
However, many people are still wary of investing their cash into the unknown. With crowdfunding, you can look at the great ideas of the past, and see that they have a lot in common with your project , especially if you’re launching your product with popular crowdfunding platforms like Kickstarter or Indiegogo through Ideazon.
Today, Ideazon has shared with us 7 products that came to life with crowdfunding, from a new toaster to a revolutionary toothbrush. They all show how crowdfunding works, and how it’s possible to create new products that are both innovative and just plain genius.
Here are some of the best from this list:
● KPOP Foods
KPOP foods started on campus by selling Korean sauce and doing some underground promotion. By the time the business launched on Kickstarter, it was able to meet its goal of around $10,000 in a couple of hours.
● Gravity Blanket
In 2017, John Florentino and Mike Grillo launched their business idea of making blankets that are really comfy and can help sleep well on Kickstarter and in two weeks, they raised up to $2 million which eventually totalled to around $4.7 million after the business revisited its tech-science language and focused on lifestyle.
● Crock-Pot
Crock-Pot is a well-known slow cooker brand. Before it was launched, it was crowdfunded on Kickstarter with almost $5 million with thousands of backers supporting the idea.
However, before the idea was launched, there was a slow cooker panic on the internet due to Milo Ventimiglia’s character on This Is Us dying in a fire created by a defective slow cooker. To rectify this, Crock-Pot started a #crockpotisinnocent campaign on the internet with an ad featuring Milo Ventimiglia.
● Coolest Cooler
Coolest Cooler is a revolutionary cooler. The business was launched with a funding goal of $50,000 and by the end of the campaign, they were able to raise more than $13 million on Kickstarter. The idea revolved around a cooler with an in-built blender, speaker and USB port that can be used to charge when camping outdoors or at the beach.
● The 3Doodler
The 3Doodler is a new and innovative way of drawing that’s been around for a while. It was developed with 26,000 backers on Kickstarter. The idea revolved around a pen that can draw in three dimensions, allowing the user to draw in the air.
● PEBBLE Smartwatch
PEBBLE is a smartwatch that raised up to $12 million on Kickstarter and has sold over 1 million watches since the idea was launched. The idea came about because of top-notch technology and exceptional design.
● Ostrich Pillow
Ostrich Pillow is a revolutionary pillow that aims to provide a comfortable sleep thanks to its shape, airflow, design, and its foam filling. The business was launched on Kickstarter with a goal of around $70,000 and ended up raising $195,094 by 1,846 backers.
If there’s anything these products were able to prove, it’s that crowdfunding is a viable method of raising funds for business, and sometimes, it even exceeds the expectations of the business owners. Ideazon is into the business of making crowdfunding work. So, why don’t you today by going to their website.