Get Retail Ready!

INVENTORS - have you looked at CROWDFUNDING as a way to raise money for your invention?

I have teamed up with my friends at Enventys, one of the nations leading product development firms and a leader in the crowdfunding space! They can show you how it’s possible to raise five figures, six figures and even seven figures! Their success rates are among the best in the business! Check them out!

Enventys Partners We loved working with the team and would definitely recommend them for any other projects looking for support during crowdfunding.

INVENTORS- Do RETAILERS pay you upfront for your order?

No...they do not!

When you sell your product to a major retailer, They will not pay you a deposit or pay anything upfront. They work on what’s called NET TERMS such as net 30 days or net 60 days or even net 90 days. This means they will pay you 30, 60, or 90 days after they receive your goods in their warehouse.

Occasionally, If a retailer is very confident in your product, they will do what’s called a DIRECT IMPORT deal where they will wire you the money for your product after it’s been picked up from the factory. This typically happens after you’ve been doing business with them for a while but it can happen the very first time you deal with them.

The bottom line is you need to be prepared to go without getting paid for a month or two or more and so you need to plan accordingly!