Crowdfund Inventory With Kickfurther: Own Lot Of A Brand’s Products, Control Profit with Sales

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Platform Moves To Sale Of Inventory Packs, Buyers Earn Profit In Retail Market

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We’re now giving Buyers the opportunity to earn lucrative profits from the consignment sale and direct sale of inventory included in the Pack.

Kickfurther - the leading inventory crowdfunding marketplace that connects companies and individuals - now enables Buyers to purchase specific lots of inventory, called Packs.

“Since we launched Kickfurther, we’ve prioritized access and flexibility for our community – providing typical income earners access to lucrative short term profit opportunities in the retail market,” said Sean De Clercq, Kickfurther Co-Founder & CEO. “But rather than sell fractionalized pieces of inventory, which doesn’t happen in the retail world, we’re now giving Buyers the opportunity to earn lucrative profits from the consignment sale and direct sale of inventory included in the Pack.”

The upgrade enables the Kickfurther platform to feature “First Out Sales” functionality, which allows Buyers to receive preferential payouts if they originate sales of Consigned Inventory they purchased. Buyers who originate a sale of the Consigned Inventory already receive 5% of the purchase price for the sale. Sales from other Buyers can only benefit all of those taking part in a Consignment Opportunity and cannot negatively affect the payouts received by other Buyers. More details on these upgrades can be found on the Kickfurther blog Packs and Payouts.

Brands need to pay suppliers upfront to keep products in stock. They also need to market their brand. Buyers want to profit in the retail market while minimizing the time, money, and risks involved. By working together, both groups get a better deal.

About Kickfurther
Kickfurther is a leading inventory crowd­funding marketplace that connects companies with individuals. The Kickfurther marketplace enables consumer product companies seeking capital to grow by sharing sales opportunities with individual Buyers interested in participating in micro-retail.

Businesses post Consignment Opportunities by choosing the amount of inventory they want, the consignment profit buyers will earn, and the estimated duration of time it will take to sell the inventory based on prior sales history. Since its 2015 launch, Kickfurther has funded $9.15 million of inventory in 332 Consignment Opportunities by more than 250 companies. Kickfurther users have earned, on average, more than 2% consignment profit per month on completed offers.

For additional information, please visit http://www.kickfurther.com.

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Erik Straub
Kickfurther
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