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Shenzen innovation

2016-10-17 23:58:29.955896+02 by Dan Lyke 2 comments

Why does it matter that the U.S. has lost manufacturing capabilities? Your brilliant Kickstarter idea could be on sale in China before you’ve even finished funding it.

But one week after his product hit Kickstarter in December 2015, Sherman was shocked to see it for sale on AliExpress—Alibaba’s English-language wholesale site. Vendors across China were selling identical smartphone case selfie-sticks, using the same design Sherman came up with himself. Some of them were selling for as low as $10 a piece, well below Sherman’s expected retail price of £39 ($47.41). Amazingly, some of these vendors stole the name of Sherman’s product—Stikbox:

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comments in ascending chronological order (reverse):

#Comment Re: Shenzen innovation made: 2016-10-19 03:19:43.658141+02 by: TheSHAD0W

On the other hand, if you didn't particularly want to run your own Kickstarter and do all the necessary work and accounting to make the items, but just really wanted it for your own use, it's too bad there's no way to hand them your idea and let 'em run with it...

#Comment Re: Shenzen innovation made: 2016-10-19 20:30:40.206165+02 by: Larry Burton

This leads me to believe that the next big idea won't be just a cool new consumer gadget but a cool new consumer gadget that is produced only by some cool new manufacturing process.