I’m currently working on a project that I will reveal once it’s live.
It’s a clothing accessory that will save money & combat fast fashion. ( will make sense when I post about it)
I’m way past “not divulging my revolutionary idea” but I’m not done yet, therefore not much to show.
I will launch on kickstarter after a quick prelaunch period of gathering leads.
It will make a lot of sense for my product to be sold for £20.( still profitable).
My question is this:
In the startup stage( for kickstarter), should I charge £40-50 so I can actually buy the equipment needed or just continue with outsourcing?
At some point, if it does work, I will need to buy the necessary equipment.
Which one would you pick if it was you in this position?
I’m more inclined to charge more and specify that it is for buying equipment.
It is easier to lower your price, than to raise it.
It is better to go for being the best, than the cheapest.
Nobody cares about the second cheapest option.