Nettleton Shoes

Coop 5 Deposit for our spring orders.

Coral Gables, FL

http://nettletonshoes.com

Total Raised
$27,227.40
Total Payout
$30,312.60
Instructions

Inventory Inspection Type

27.39% Annualized $51.42 profit per pack

5 MonthsCo-Op Completed

78% PercentileAnnualized Co-Op Profit Margin Rank

** We have multiple orders and cannot reveal our retail partner's name, due to their wishes, but one is a brand owned by the Hudson Bay Company. **

Hello KF Buyers,

Nettleton shoes is back! We have completed 3 Kickfurther Co-Ops (1st in 2016 and the 2nd earlier in 2018 and a 3rd in Summer 2019) and our 4th Co-Op has not had invoices due yet, but our shipments to our retailer are on schedule and going smoothly. We anticipate no obstacles to timely completion.  This deal will be very similar to our most recent deals number 3 and 4. The difference is that this deal is primarily covering the deposit owed to one of the two suppliers. 

We've worked very hard to demonstrate our commitment to communicating with our buyers and we've found a reliable portion of our business that works very well with the Kickfurther model.

Our Suppliers are thoroughly vetted and are the same suppliers we worked with on our two previous campaigns.

We have structured this deal as pay as you sell because the process to be set up as a payee with our retail partner took months and it is not feasible to switch it to KF. It also means that if we secure additional sales of the product line through our independent sales distributors or by our own efforts at our tradeshows that those sales will also speed the payout. 

Overview Information

SUPPLY CHAIN

We are placing the deposit with a supplier who we've worked with on two previous deals. 

SHIPPING

We will have the units shipped to our facility in the US over a month before the first shipment is due to the retail partner. This way we can ensure timely delivery by Truck without the risk of unexpected delays at the port. 

SALES CHANNELS

We expect the majority of these units to be sold to our retail partners whose order values is well over the production cost. That said, we have other lines of business that contribute revenue to the business:

  • Repeat Orders

  • Sales from our independent sales reps

  • Sales we secure at tradeshows we attend in the spring

PAYMENT TERMS

Our payment terms are appropriate to our vendor and we anticipate a pleasant experience. 

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Nettleton Shoes is a very established family business with multiple owners, high-quality product and a track record of responsibility on Kickfurther. This co-op will be smaller than all of our previous deals and represents a very small portion of our trailing 12-month revenue. We are financing goods we already have retailer commitments for. This means the schedule should be very dependable since there are fewer unknowns and these are both retailers we have served previously. 

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