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Its interesting to think about why this enterprise succeeds and yet Quirky, for example stumbled: this one starts with a known selling product and iterates on i
by thomasjudge 11y ago
Its interesting to think about why this enterprise succeeds and yet Quirky, for example stumbled: this one starts with a known selling product and iterates on it based on market demand, rather than just coming up with cool ideas, perhaps. (I'm actually a fan of Quirky so this isn't really intended as a dis, but one of these two has "nine-figure" (really?) sales, and one doesn't)
- samstave 11y agoThis is complete speculation: Quirky likely had far more scruples and far less connections than these guys, plus I bet Quirky had far less balls when it came to negotiating with a vendor. These buyers are likely expert and negotiating the price down, or even playing vendors against each other, to get the costs as low as possible. Their savvy in being able to react quickly with a response product is likely largely driven by their business accumen in this regard... Quirky was too altruistic in the way they likely handled the manufacturing. Remember, success in business can often be a reward for some pretty shitty behaviors.
- gohrt 11y agoQuirky is a platform for advertising individual product developer ideas. C&A is a marketing+product company that builds products based on consumer research and iteration. IOQ, Quirky is a vanity platform like Print-on-Demand book companies, not a business enabler.