Co-Op: A "Co-Op" is short for consignment opportunity, which is what we call the arrangement to fund inventory for a vetted brand. Kickfurther finances inventory on our marketplace for businesses looking for growth capital. In return, the Co-Op gives buyers the opportunity to support the brands they love and potentially earn profit on their contribution.
Co-Op Overview Page: The Co-Op overview page represents a funding opportunity for a vetted brand. To view a Co-Op’s overview page, simply click on the card of the Co-Op.
Kickfurther Store: The Kickfurther store is where you’ll find items you have funded on consignment. They will appear once the items are available for selling according to the Co-Ops payback schedule.
Package Price: Kickfurther operates as an inventory funding platform, so each deal is customized to a brands’ specific timeline and product costs for one or more products. When the product cost is higher or the Co-Op includes multiple products in the deal, the package price will be higher per pack. This price is not set arbitrarily and is dictated entirely by the costs of the goods being funded.
Total Raised: This represents the total that is being funded by the Kickfurther community.
Total Payout: This represents the total raised by the Kickfurther community plus the profit margin.
Purchase Methods: To participate in a Co-Op, you can use a credit card or ACH/bank transfer, unless otherwise noted.
Co-Op Duration: The duration of a deal is based on the custom timeline the brand presents and agrees to. This includes the time for production, shipping and the time it takes to begin selling their product through completion.
Co-Op Profit Margin: The percentage of profit you would make on the goods you’ve funded.
Live Co-Op: A live Co-Op is open for buyers to contribute funds to. Co-Ops go live at 5 pm EST/ 2 pm PST.
Copilot Early Access - Buyers that have opted in to using Copilot will have the option to contribute to their favorite Co-Ops before the Co-Op goes Live to the rest of our Buyer community.
Kickfurther Metrics Model - Kickfurther’s machine learning model where Co-Ops are assigned metrics and groupings based on attributes of the Co-Op. You can set your preferred grouping for automatic contribution preferences in your Copilot allocation settings.
Kickfurther Expedited Payments
Under your Buyer settings you can opt in to take advantage of Kickfurther’s Expedited Payments feature. This feature allows Buyers to receive Kickfurther credit in advance of Co-Op payment transactions settling such that they can be used immediately to make claims on open Co-Ops.