39673
WYREX
Compact stylish pad which allows you to charge 4 devices
Ukraine, Kyiv city
Market: Electronics, Gadgets
Stage of the project: Operating business
Date of last change: 04.07.2019
Ukraine, Kyiv city
Market: Electronics, Gadgets
Stage of the project: Operating business
Date of last change: 04.07.2019
Idea
Every year the number of gadget which we are using is growing and these gadgets we have to charge with many cords. We offer wireless charger for multiple devices - comfortable to use and take minimum of your place.
Current Status
Collected $104 000 on kickstarter and indiegogo.
Started shipping to backers.
Commercial batch under production.
Launch sales on September.
Started shipping to backers.
Commercial batch under production.
Launch sales on September.
Market
Fast growing global market of $25 billions.
We are focusing on marketplace channel + distributors in 8 countries
We are focusing on marketplace channel + distributors in 8 countries
Problem or Opportunity
Number of quantity devices needed to be charged.
Nobody likes maintaining battery life - we made it easy
Nobody likes maintaining battery life - we made it easy
Solution (product or service)
Physical product can be used for charging devices in comfy way.
Competitors
Apple airpower - did not released
belkin
Zens
belkin
Zens
Advantages or differentiators
Design/User experience
Quality
Durability
Quality
Durability
Finance
MSPR of product is $119
Margin impact on sales after commisions of marketplaces and ligistic - 43%
Margin impact on sales after commisions of marketplaces and ligistic - 43%
Business model
Selling product using e-commerce:
- marketplaces
- web-site
- wholesale
- platforms
- affiliate progamms
- CPA networks
Searching new partners (distributors) participating in international exhibitions.
- marketplaces
- web-site
- wholesale
- platforms
- affiliate progamms
- CPA networks
Searching new partners (distributors) participating in international exhibitions.
Money will be spent on
Expanding markets
Increasing production
Launching new products
Participation in international exhibitions
Increasing production
Launching new products
Participation in international exhibitions
Offer for investor
To be discussed
Team or Management
Risks
Chinese sellers can drop down prices on such devices and make us with low margin.
Incubation/Acceleration programs accomplishment
Never participated in any acceleration or incubation programs.
Won the competition and other awards
Nope.
Invention/Patent
TM Registered in the US
Paten for design
Patent for invention
Paten for design
Patent for invention
Product Video
Sign in/Sign up