The short of is that Quirky has a business model based on crowdsourced product ideas. An inventor submits a product concept to Quirky's Web site, where it goes through various phases of community-suggested refinement. Eventually Quirky's own designers vote on a user-submitted, community-honed idea to bring into production. Everyone involved, from the inventor to the participating community members to, of course, Quirky, gets a piece of the revenues from the final product sales.
More in the article
posted by: Rob Alek
No comments:
Post a Comment