Got a Startup Tech Hardware Product to Sell? Try Grand St.

grand st.10

Grand St. aims to give independent hardware manufacturers a place to sell their products and to test prototypes.

If you’re looking to get any consumer electronic to the marketplace, there’s an arduous process involved. One of the biggest obstacles is getting funding for a venture that could miss the mark. Another is finding customers interested in your product.

Grand St. provides potential solutions for both problems.

Right now, the site is the place to get The Loop, a leather organizer that can charge your iPhone. There’s also a hackable alarm clock kit and an iOS enabled guitar for sale there, now.

Fortune says that the addition of independent manufacturers selling their gadgets on the site has turned it into the Etsy of the electronics world.

grand st.

On the official Grand St. blog, co-founder Amanda Peyton explains:

“Our goal has always been to create a better way for hardware creators to find an audience and get their products to market. For this new version of Grand St. we wanted to create a flexible solution that addressed indie hardware makers at different stages in the development cycle.”

The company says it now has about 200,000 users. And indie gadget makers have three ways to sell their new products through the site:

Consumer Ready

When you’re ready to sell the gadget you’ve created, you can list it through the Grand St. Shop. Grand St. says it previews and must approve any new listing. If a product doesn’t make the cut, Grand St. notifies the maker of its reasons for rejection.

If a product is approved and listed, the site takes an 8 percent commission on all sales. It takes the same commission on Beta sales. These are products that haven’t received any customer feedback and aren’t quite ready for a mass audience.

Beta

A Beta product maker can pick testers for the products and await their feedback. Based on the feedback, Grand St. says the maker of the product can then decide to seek more funding for changes or get the product ready for the marketplace or pre-order sales.

Pre-Order

If a product is within six months of being ready for the marketplace, it can be sold through a pre-order feature on Grand St. The site doesn’t take a commission on those sales and there are no monthly fees linked to selling on Grand St.

Sellers need to handle all their customer service and shipping commitments, the company notes in its seller guidelines.

[“source-smallbiztrends”]

Twitter Changes Product Head for Third Time in a Year

Twitter Changes Product Head for Third Time in a Year
Twitter Inc appointed Keith Coleman, founder of startup Yes Inc, as head of its product team, the third executive to lead the division in less than a year.

The micro-blogging service said it has acquired Yes, the maker of apps such as Frenzy and WYD-What you doing, which allows users to connect with their friends.

Financial terms of the deal were not disclosed.

(Also see:Twitter Exodus Continues as COO Bain Decides to Leave)

“Yes! Keith and team are joining Twitter to help lead and strengthen our service!,” Twitter CEO Jack Dorsey tweeted on Thursday.

Jeff Seibert, who was recently head of product, stepped down in June after being in the role for about five months.
Kevin Weil, who now heads Facebook Inc’s Instagram product division, was with Twitter for more than five years and was vice-president of product development before Seibert.
Twitter, which faces stagnating user growth amid stiff competition from rivals, has for months been rumored to be up for sale and hired bankers last month to field acquisition offers.

(Also see: Sale or No Sale, Changes Could Come to Twitter Users)

Companies including Walt Disney Co and Alphabet Inc were reported to be interested in the company.

© Thomson Reuters 2016

Tags: Twitter, Twitter Product Head, Keith Coleman, Twitter Acquisition, Social, Apps

[“Source-Gadgets”]

on-line user ratings no longer excellent indicators of Product quality: observe

Online User Ratings Not Good Indicators of Product Quality: Study

The belief that on-line consumer rankings are desirable signs of product exceptional is essentially anillusion, but many customers rely upon the facts while making purchase choices, a brand new observehas determined.

nearly all outlets provide consumer ratings on their web sites, the researchers said.

For the study, researchers examined consumer rankings for 1,272 merchandise throughout one hundred twenty product classes, including car seats, motorbike helmets, sunblock, air filters, smoke alarms and blood pressure monitors.

The analyses display a completely low correspondence among common user scores of merchandise on an e-trade portal and product rankings based totally on goal assessments discovered in purchaserreviews.

“The likelihood that an item with a higher consumer score performs objectively higher than an object with a decrease person rating is only 57 percent,” said Bart de Langhe, professor on the university of Colorado Boulder in US.

“A correspondence of fifty in line with cent could be random, so user rankings provide very littleperception approximately goal product performance,” de Langhe said.

The take a look at also located that the user ratings do not expect the resale price of used merchandise.

merchandise with better reliability and overall performance retain greater in their value through the years,” said de Langhe.

“If common consumer scores replicate objective excellent, they need to correlate undoubtedly with resale values. The fact that they don’t casts extra doubt at the validity of user scores,” he stated.

Researchers also tested what facts customers rely upon whilst judging the great of merchandise at thee-commerce website.

They determined that clients rely very closely at the common consumer score, which is provided the front and centre.

They try this regardless of whether or not the average score is based on a small or a massive pattern ofconsumers.

that is a mistake. frequently, there are simply now not sufficient rankings for a product or there is too much confrontation amongst reviewers,” stated de Langhe.

“In this case, clients ought to not consider the common very tons, however they do however,” hestated.

The observe was published within the journal of customer research.

down load the gadgets 360 app for Android and iOS to live up to date with the state-of-the-art tech news, product reviews, and unique deals at the popular mobiles.

Tags: Apps, E commerce, internet, user rating

on-line person ratings not suitable signs of Product first-class: look at

Online User Ratings Not Good Indicators of Product Quality: Study

The belief that online user rankings are top signs of product great is essentially an illusion, but manyclients rely upon the records at the same time as making buy selections, a brand new observe hasdiscovered.

nearly all shops offer person scores on their web sites, the researchers said.

For the examine, researchers examined consumer ratings for 1,272 products across one hundred twenty product categories, consisting of vehicle seats, motorbike helmets, sunblock, air filters, smoke alarms and blood pressure monitors.

The analyses display a totally low correspondence between average consumer rankings of products on an e-trade portal and product ratings based on goal tests determined in consumer reports.

“The likelihood that an object with a higher user score plays objectively better than an item with a loweruser score is only fifty seven percentage,” said Bart de Langhe, professor at the college of Colorado Boulder in US.

“A correspondence of fifty per cent could be random, so consumer rankings offer very little perceptionapproximately objective product performance,” de Langhe said.

The look at also discovered that the consumer rankings do no longer are expecting the resale value of used merchandise.

products with better reliability and overall performance keep greater in their price over the years,” saidde Langhe.

“If common user ratings reflect objective fine, they must correlate positively with resale values. Thereality that they don’t casts more doubt on the validity of person ratings,” he said.

Researchers additionally tested what information customers depend on when judging the excellent ofmerchandise at the e-trade internet site.

They observed that purchasers depend very closely on the average consumer score, which is offeredthe front and centre.

They do that irrespective of whether the common rating is based on a small or a large sample ofpurchasers.

that is a mistake. oftentimes, there are just now not enough scores for a product or there may be too much disagreement among reviewers,” said de Langhe.

“In this example, clients need to no longer consider the average very much, however they dononetheless,” he stated.

The observe was published within the journal of patron studies.

down load the gadgets 360 app for Android and iOS to stay updated with the brand new tech news, product reviews, and special offers at the popular mobiles.

Tags: Apps, E trade, internet, consumer rating