Friday, May 11, 2012

We've Just Seen The Future Of Shopping ...

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The original promise of crowdfunding platform Kickstarter was that it could provide a new, more democratized way for people to raise money.

It has delivered on that promise. It's on track to generate $300 million for fundraisers this year.

But a new, equally revolutionary use of the platform is emerging.

Kickstarter is becoming a way to assess demand in real time and it could solve an expensive problem for retailers: inventory.

Before, companies would spend a lot of money and resources building products, not knowing if they'd sell. On Kickstarter, a startup can gauge interest with no upfront cost.

Posted via email from Inspiration

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