Comments on post “Dragon Innovation”
Mark Adams
@scorinth · Program Manager, Santa Cruz Works
How do you generate revenue? Do you take a cut of a kickstarter's proceeds? Is it a flat fee?
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Thos Niles
@boxofbacon
@scorinth It depends. We've got two branches to the product; Dragon Certified helps teams getting ready to launch a product, often but not always via a crowdfunding campaign, ensure that they understand three main things; Can their product be manufactured, what will their manufacturing costs be, and how long will it take to deliver. Armed with this knowledge, teams can plan their campaign and set expectations appropriately. For this we charge an upfront flat fee plus a small percentage of the campaign. With our Manufacturing Solutions we help teams find an appropriate contract manufacturer, get up and running, and provide on-the-ground project management in the Far East. For this, we charge a flat monthly fee.
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Justin McGill
@jus10mcgill · Founder of LeadFuze
@boxofbacon @scorinth Can you share price ranges for your monthly fees?
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Thos Niles
@boxofbacon
@jus10mcgill Manufacturing Solutions engagements are typically in the low five-figures per month range. We believe it is important it is that our customers know what their costs are going to be, so we structure our pricing in a way where there are no surprise fees or upcharges, and we never have title to your product at any point.
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