MOBOT Nation Inc

The Original 2-in-1 Foam Roller Water Bottle

Venice, CA

https://mobot.com

Total Raised
$52,516.00
Total Payout
$56,206.00
Instructions

Inventory Inspection Type

7.02% Co-Op Profit Margin $36.90 profit per pack

4.6 MonthsDuration

69%PSC

Purchase Methods

This Co-Op round will be used for purchasing inventory. Our aim is to fulfill orders for our major department store partners, and provide products across our D2C and Amazon shopping platforms. We are confident that we will be able to continue to use Kickfurther for additional deals just around the corner.This funding will allow us to increase the size of our current production order to meet demand from our retail and department store partners. Our retailers recently ordered larger than what we anticipated and forecasted coming out of COVID leaving our business with an inventory short-fall. We will be able to move this inventory very quickly, the majority selling within the next two weeks. Our notable retailers are Nordstrom, Macy’s, Bloomingdale’s, Neiman Marcus, DSG, Anthropologie, GOOP, FabFitFun, Sweaty Betty, Equinox, plus we operate our own e-commerce and Amazon storefronts. COVID-19 shutdowns caused extensive delays and setbacks for so many, but with your support we can finish the year strong and receive over 7,500 units on its way to the US in October and November. Following Q420, we are eager to confirm inventory for the next production run to ensure timely delivery. For Q121, Nordstrom is currently finalizing their exclusive custom order, with other retailers requesting similar options to do the same. We have a great relationship with our factory (coming up to six years in business together). If it wasn't for our factory's ongoing commitment and support through COVID, it would have been an even more challenging year for our business.


Please Login to see Additional Information.

×

Leave a Review


×

Join our mailing list!

Enter your email to get notified about exciting new Co-Ops: