BASAN Cord, Inc.

BASAN Cord, Inc.

West Bloomfield, MI

http://www.basancord.com/

Total Raised
$46,605.00
Total Payout
$50,955.00
Instructions

Inventory Inspection Type

9.33% Co-Op Profit Margin $8.70 profit per pack

5.4 MonthsDuration

64%PSC

Purchase Methods

BASAN Cord is in need of Inventory funding to help promote growth in sales. BASAN Cord has increase sale by 50% Annually with its continued organic growth. In 2020 we have started the year out acquiring a 1100 store chain who will be testing our cords in 280 of their stores starting in April of 2020, with a goal of setting up in all 1100 stores for Back to School and Holiday. Another larger client has placed and order for 5000 units for immediate production. 

We also anticipate our Kroger Distributor to order for the season at our ASD Market show in March of 2020. We have been approached by QVC to run 8 minutes spots and Bagallini to do a collaboration of their designs on our cords. We will be meeting with both companies the first week of March. 

We have begun to work with 4 new distributors who continue to order product from us with an unlimited potential of growth in 2020. Our First 5 trade shows of 2020 have been very successful for us and we anticipate the remainder of shows in 2020 to produce equal if not greater results. Our Largest trade show of 2020 is coming up in March.

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