Mark Abbott

We sell like CSA baskets for farm fresh produce or fruit or honey or coffee is a big one that we sell a lot of.

There's a lot of local roasteries out there.

So we take healthy products that are not sugar laden junk food.

We make them available in a wholesale market that you as an organizer can come select those products, see the wholesale price,

price them for retail and launch them in a crowdfunding site.

That crowdfunding site then would, the students at your school or your cause can sell using their phones or by sharing a link on Facebook or email and they can do old fashioned school fundraising digital.

That's exactly right.

So we did it.

We, we automated the entire process from A to Z to make it really easy for an organizer to have a sale like that.

It's all pre-sale.

So we reserve product ahead of time and we made it really easy for folks that have great products that want to get new customers in their community to, to make those products available for fundraising.

So for example, the honeycombs, if you want to have two or 300 folks try your product in Austin,

and then feel really good about it because it was in support of a cause they believed in, and then get their email address to talk to them later about how they like the product and where they can buy it again, then this platform is for you.

So, no money changes hands up front.

It's all a pre-sale.

So, if it says suggested retail $28, they're going to buy it for about $14.

And so their wholesale cost is about 50% of retail in general.

But they're going to take a whole bunch of orders ahead of time, like a pre-sale.

So our system will reserve that product for them, say 300 units, and they'll sell against that reservation.

When the sale's all done after two weeks or so, we'll see that they sold 100 units.