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A comment on Ask HN: Any advice on taking preorders?.

Re:Ask HN: Any advice on taking preorders? by jmole on Wednesday March 16, 2022 @12:46AM (#30695425)
What is the difference between crowdfunding and preorders? I think it would be a mistake not to crowdfund or use preorders unless you have significant venture backing and a sticky, viral consumer product where you can somewhat accurately forecast demand, or you anticipate selling out at high margins.

Don't waste your money building a product that potentially no one wants. Your crowdfunders are often the best feedback loops you'll get as a hardware startup.

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Re:Ask HN: Any advice on taking preorders? by Aurum197 on Wednesday March 16, 2022 @08:44PM (#30706118)
We don't have venture backing yet. We were hoping to use preorders to convince vcs/angels. We really don't want to go the crowdfunding route because it has gotten increasingly gamed and crowded (!) Plus we already have a number of signups on our own website. I see a potential downside to asking our potential customers to go to a crowdfunding campaign.

But you have given us something to think about.

[ Parent | on HN ]