Lee: Bohemian Guitars plans self-hosted pre-order campaigns to avoid platform fees
Adam Lee · EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee · Jul 15, 2016 · at 14:45
Adam Lee, co-founder of Bohemian Guitars, outlines the company's plan to bypass third-party crowdfunding platforms for future product launches.
0:00 / 0:16exact quote · 16.7s
720p mp4 · rendered on demand · StarZero watermark
“We do fairly well at driving traffic to our own sites at this point, so if we can do some sort of pre-order campaign using Tilt on our own website where we're hosting it not necessarily losing out on those fees to other crowdfunding platforms, I think that's probably the next phase for us.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Adam Lee
Lee: Young founders should take more risks instead of saving early
“I wish I wasn't so caught up in saving for the future. I had, you know, my family moved here from South Africa, and we were so concerned about the future, and I, you know, took out life insurance policies for myself at early ages, and was putting money away th…”
Lee: Bohemian Guitars produces its instruments for about $55 each
“Cost us about 55 dollars a guitar.”
Lee: Bohemian Guitars generates 95% of sales via its website
“About 95% are coming through our website.”
Adam Lee: Bohemian Guitars 2015 revenue was just under $1M
“Twenty-fifteen revenue was just under a million.”