Joy de Vivre is an entirely new approach to product development. We use internet-based crowdsourcing to fund the development of great ideas into great products. Thousands of great ideas have been lost due to the inability of designers to find a manufacturer willing to risk expense on development. Product development is very expensive because of the high capital cost largely limiting it to large corporations. Using the crowdsourcing potential of the internet, development and manufacturing costs can be distributed over many people, thus making these costs very small per person.
We also offer our community of engaged consumers a share of a royalty for each product. As one of the consumers who help fund a product and bring it market, you share a 2% royalty with all the other who helped fund the product. While modest, this royalty could end up paying our community back for their initial purchase.
Joy de Vivre empowers the consumer to determine what products should be made. We are able to raise our development costs by selling products ahead of their production. The retail price paid by our community of engaged consumers is spent on development costs. This figure multiplied by hundred or thousands of people fully funds our product development costs. Designers get their idea made, our community receives their product, and we all share in bringing a great idea to life.
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Is there any particular product you have in mind? Unless you specify a target product, I can't judge whether I think this could work.
Again we have a person believing that you need a big corporation to develop products. There are small engineering companies all over this country that will design products for people like you and outsource the fabrication and assembly--either locally or internationally. You only need to set up a checking account to pay them. There are assembly companies beating on our door hoping for something to build--here in Kansas.
I've mentioned before that I worked at the company Gary and Min worked at when they formed Garmin. They just quit and started a GPS company when our firm wouldn't go in that direction.
You see, the way it works in Capitalism is you take the risk, you get the profit. There are no companies that will develop and build your product (without you writing a check for them) for you to make the profits later. Royalties just eat up the profits with lawyers and contracts.
And as an engineer, I would never want to work for a company that directed it's future by testing the winds of a mob instead of following a leader.
Engineering, like art, is an ego activity. If you design something, you want it to be yours. 'Communities' that design things water this down and make it less rewarding.
And makin' up words ('crowdsourcing') is annoying.
I'm sorry I'm so negative about this. But just like this idea, you could start a website and implement this idea yourself for small money if you really believed it would work. But how would you get paid? Who would give you site money? No kidding, if you really believe it would work, go ahead and do it.
Hey Dwane go check out our web site. www.joydevivre.orgOur product offering, although not setup yet, will use votes from consumers to determine which products would be the most desirable. In some ways we operate similar to www.threadless.com, although we don't do textiles. I agree that without a specific target market it is harder to bring in the right consumer, but it also let's us dip into all markets especially once we get more products up we will see other segments buying products they initially meant not to purchase.
Hey Hrench, I understand your viewpoint. Wikipedia crowd sourcing, that's a good start or check out mass collaboration blogs. They provide lots of input towards the idea. Saying crowd sourcing won't work is saying that wikipedia shouldn't exist, and you are right it shouldn't. Why would people voluntarily give up a resource for something that isn't even tangible? Well we are going to actually give them something tangible. Unless a designer can raise at least $20,000 without any knowledge of materials engineering, prototyping, and finding manufacturers they don't really have any easy time. Most won't be able to save up enough or market their product enough to do this. Let me know.
Well, I'm pleased to see that you have the will to go out and start it. I'm still pretty unsure of the idea, but you seem to be behind it. Good luck. Well, maybe it's not luck. Good Work.