Understanding Our New and Trending Sex Toy Crowdfunding Program
What is Our New and Treading Sex Toys Crowdfunding Program?
Since entering the adult toy industry in 2006, we have witnessed numerous industry changes. From evolving market trends and competitive landscapes to the increasing diversity and environmental safety of materials, the adult toy market has grown more complex. Customers' demand for new and trending products has skyrocketed, making continuous product innovation crucial for driving sales. After we started our wholesale sex toy business since 2010, we found that many clients face two major challenges in obtaining the latest and most popular products:
1. Exclusive Agreements: Many attractive new products or trending items are under exclusive agreements with well-known companies or large corporations, limiting their availability to other businesses in specific regions.
2. High Minimum Order Quantities: Even if a product is available, factories often require high minimum order quantities (MOQs) such as 500 or 1000 units. This is understandable for cost efficiency, but most clients in the adult toy industry do not need or cannot afford to purchase such large quantities of a single SKU.
To address these challenges, we have leveraged our nearly 20 years of supply chain expertise and over a decade of digital solutions experience to develop the New Products Crowdfunding program. Here’s how it works:
1. Continuous New Product Releases: Based on our extensive supply chain capabilities and data analysis, we regularly introduce the latest designs from various factories in our New Products Crowdfunding section. These products, whether in mass production or still in the design phase, are selected based on market demand and client feedback to help boost sales and profits. Each project is presented with high-quality images or 3D design drafts for easy understanding.
2. Quick Response to Market Trends: By continuously gathering market information from our clients, we quickly collaborate with factories to offer trending products. This ensures our clients have access to the latest hot-selling items.
3. Lower Purchase Barriers: Understanding that high MOQs are a barrier, our New Products Crowdfunding solution allows clients to purchase the latest or trending products with minimum quantities as low as 30 or 50 units. This innovative approach helps reduce procurement costs, inventory costs, and financial risk.
4. Crowdfunding Success Criteria: Participation in a New Products Crowdfunding project does not guarantee success. Each project has a target quantity ( We call it project goal in the project page ), typically the factory’s MOQ. When enough clients participate and the total order quantity meets the target or goal (e.g., 500 units), the project succeeds. Our system will notify clients of the project's success, at which point we will request payment and initiate production.
5. Transparent Production Updates: Once production begins, we provide regular updates on the project's progress with photos or videos of the production status. Clients can clearly see the progress on the project page, including factory production photos or videos.
6. Quality Assurance and Shipping: After production, the products undergo a second quality check (QC) at our warehouse to ensure they meet our standards. Upon completion, we promptly ship the products and provide tracking information via email and the order page, similar to regular orders.
Benefits of Using Our New Sex Toys Crowdfunding Service
Our New Sex Toy Crowdfunding service offers several advantages:
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Access to the Latest Products: Quickly procure new and trending products before they become mainstream.
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Lower Financial Risk: Participate with minimal quantities, reducing financial commitment and inventory costs.
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Real-Time Production Updates: Stay informed about the production process with regular updates and transparency.
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Increased Sales and Profits: Offering the latest products helps drive sales and improve profitability.
About The Paymenet : We secure your participation with PayPal Authorization
When you back a crowdfunding project on our site, we use PayPal's authorization feature to hold your payment without charging you immediately. Here’s how it works:
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Authorize, Not Charge: When you place your order, PayPal verifies and reserves the funds through an authorization hold, ensuring that the payment can be processed later without taking funds out of your account right away.
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Charge on Success: If the crowdfunding campaign reaches its goal and the project is confirmed, only then will your payment be captured from the authorized funds.
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No Risk of Charge: In case the crowdfunding does not succeed, the authorization is canceled, and no money is taken from your account. You face no financial risk and do not lose money on unsuccessful projects.
This system is designed to protect both your interests and ours, ensuring a commitment-free participation until the project's success is confirmed.
Many of our customers have been working with us for more than 10 years, we provide and stock thousands of sex toys for them, we pack orders fast and ship orders fast, most of our customers treat us as their sex toy warehouse, anytime ready to ship! And now, our innovative new sex toy crowdfunding program will create more value for our customers! So join our New and Trending Sex Toy Crowdfunding program today and leverage our innovative digital solutions to enhance your business success.