Formatting your Dashboard Settings
There are a number of settings and options accessible within your account dashboard. Here’s an overview of those options and where to find them. To adjust your user settings, log into your Kickfurther buyer account and choose “ Settings ” from the list of options along the left side of your dashboard: Tips : Account Use this feature to update your e...
How to Add Funds
When you’re ready to make a claim on Kickfurther, there are two ways you can contribute to a Co-Op: Via money you transfer from your bank into your Kickfurther account (ACH) Via credit card You can choose to set up ACH within your Kickfurther dashboard under banking . Setting up accounts If you’ve created an account, completed adding basic informa...
Kickfurther Keys
What is a Kickfurther Key Buyers can use a key to unlock early access to a Co-Op. When a Co-Op is first launched on Kickfurther, it launches as an Upcoming Co-Op in “preview mode” for at least 24 hours. When a Co-Op is in this phase, funding access is restricted to buyers with a Key. Buyers spend one of their Keys to unlock access to make a claim...
Kickfurther Store
The Kickfurther Store exists to give our Co-Op buyers an outlet to sell their consigned items. When an item is sold, everyone wins - both the Co-Op owner and the buyers. Items from Co-Ops you have contributed to will only show in your virtual Kickfurther store front once the items are available for selling according to the Co-Op’s payback schedule....
Co-Op Overview Page
Each Kickfurther Co-Op is a little different. While each one represents a funding opportunity for a vetted company, elements like duration, profit offered and company details vary from one opportunity to the next. To view a Co-Op's overview page, simply click on the card of the Co-Op you are interested in here . At the top of the overview page, yo...
Communicating with Co-Ops
After you’ve made a Co-Op claim, you’re able to communicate with the brand through the Co-Op page. Here you can ask questions or give praise (remember to follow our code of conduct ) throughout the life of the Co-Op. Here’s how: 1. Log into your Kickfurther account 2. From your dashboard, select “ Consignments ” from the left-hand menu. From ther...
Requesting a Co-Op Update
Log into your Kickfurther account and click on "consignments" to access a list of the Co-Ops to which you have contributed. Each Co-Op link takes you to the "buyer pages" where there are communication boards to post questions and comments. Please be polite :) If the business does not get back to you within a reasonable amount of time (three business...
Taxes
Please consult a tax reporting professional for assistance in reporting your taxes. Kickfurther provides a tool for users to help in their reporting process. You can use the tool by logging into your Kickfurther account and then going to your user dashboard and clicking on the consignment tab. This page allows you to filter your consignment data wi...
Affirming Engagement on Underperforming Co-Ops
We've received a lot of feedback from users regarding poorly performing Co-Ops. Some users correctly identified that other users may no longer be using the platform or may have become disinterested in the outcome of Co-Ops in their portfolio that aren’t performing as expected. To address those concerns, Kickfurther will periodically initiate an ...
What are the different Co-Op Statuses?
While on our platform, you’ll see our Co-Ops listed as one of the following: live, upcoming, and funded. What is a 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. Notification of launches are sent out via email. You can set your email preferences within your Kickfurther account settings. Wha...
What is a Funds Only Co-Op?
A funds-only Co-Op indicates a backer may only use bank funds already transferred into their accounts to make pack purchases. In these cases, we do not accept credit card purchases. A funds-only co-op will be indicated with an orange “funds only” banner on the platform. It is also displayed within a Co-Op’s overview page:...
How do I know which purchase method I can use to fund a Co-Op?
You can view purchase methods on the Co-Op’s overview page. You can use either a credit card or ACH/bank funds, unless otherwise noted. For ACH/bank funds, the funds must be transferred in and settled into your account prior to use. Depositing funds into your Kickfurther account from your bank account can take 3-5 days, which is the standard speed...
Inventory Inspection vs. Inventory Visibility
The type of Co-Op, either Inventory Inspection (II) or Inventory Visibility (IV), indicates how Kickfurther can review purchased inventory on behalf of the buyers. Inventory Inspection indicates the business self-warehouses their product and has authorized Kickfurther to send a third party to inspect inventory levels. Inventory Visibility indicat...
What is the package price?
It’s important to remember that Kickfurther operates as an inventory funding platform where each Co-Op is customized to a brands specific timeline and product costs. The timeline includes the cost to produce, ship and begin selling their products(s). Products with higher costs will cause a higher package price. Another reason for a higher package p...
Total Raised vs. Total Payout
Once funding has completed on a Co-Op, you will see a total raised and total payout displayed on their overview page: Total Raised represents the total that was funded by the Kickfurther community. The Total Payout represents the total raised plus the profit margin to be paid back to participants....
Kickfurther Backer FAQs
Co-Op: A "Co-Op" is short for consignment opportunity, which is what we call the arrangement to fund inventory for a vetted brand. 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...
Kickfurther User Guidelines
Kickfurther wants to grow a user culture that stresses professional language and kindness. What our users post must comply with Kickfurther's terms of use, and users may be personally liable for what they post here and elsewhere. It is in everyone’s best interest to address each other as professionally and as kindly as possible. For instance, if a ...
How do I know if a Co-Op is open?
New Co-Ops always launch/go live at 5PM EST. Upcoming Co-Ops can be posted any time of day, but are almost always added more than 24hrs before launch. Emails are sent when Co-Ops enter upcoming status and also 15 minutes before live launch. You can change your email preferences within your Kickfurther account settings dashboard. If you are not rec...
My ID Verification Failed
If your ID Verification failed, please send a copy of your ID image to contact@kickfurther.com . Please ensure the image is in color, legible and shows a plain background around all four sides of the ID. A phone camera image works. Tip: For best results, place your ID on a dark background when taking the verification photo....
What does "Canceled by Vote" mean?
If a Co-Op has been in troubled status for more than 60 days and has passed its expected completion date and has not made any payment within the last 30 days, we administer an “affirmative vote.” This vote requires that 50% of the Co-Op’s ownership votes to affirm that the Co-Op should remain active. If the vote does not reach 50% within the speci...
What does "Troubled Status" mean?
"Troubled status" is a flag that is triggered by missed reporting, slow sales or defaulting on payments owed, enabling the buyer cohort to vote on cancellation. Although it's an indication that scheduled consignment paybacks are "off track", the majority of businesses that experience troubled status still reach completion. Each participating user ...
Update to our Affirmative Vote
We've received a lot of feedback from users regarding poorly performing Co-Ops. Some users correctly identified that other users may no longer be using the platform or may have become disinterested in the outcome of Co-Ops in their portfolio that aren’t performing as expected. To address those concerns, Kickfurther will periodically initiate an ...
What does Kickfurther do when a Co-Op cancels?
A number of things happen when a Co-Op enters a canceled status. To better understand the sequences leading up to cancellation, you can review this post. When a Co-Op is canceled, buyers should understand the steps taken next by Kickfurther. Our primary goal during any cancellation is to recover the initially funded amount plus any profit originally...
What happens if the Consignment Inventory doesn't sell?
Kickfurther Brands are required to pay back Buyers as they sell the Consignment Inventory specified in each Co-Op according to the payment timelines. There are two scenarios for slow or no sales we’ll review here: (1) If sales of the Consignment Inventory fall behind projections causing a payment less than the expected payment to be owed; and, (2)f...