Drop

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Drop

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Drop

It is not enough to have ideas if there is no way to translate the idea into reality. Sometimes, the hindrance between idea and reality is financial, sometimes, it is the facility for development. Through technological advancements, individuals with ideas can access both the facilities to develop their product, and the financial help to push their products into the market can be got through crowdsourcing. Crowdfunding is a combination of microfinancing and crowdfunding. Indeed, the world has come a long way, and inventors and innovators are no longer a rarity. Crowdfunding offers a wider pool of potential investors, as well as more flexible fund-raising options. This makes it a valid alternative to traditional funding options and bank loans. The platforms provided by crowdfunding also offers an environment for businesses to build market validation that can be important for the sustainability of their business, while project development platforms also offer technical assistance, branding and marketing services that new businesses are in dire need of. With these platforms, many products have been developed to meet peculiar needs and situations, creating a boom in the innovation of products rather than these ‘one-size-fits-all’ models that used to be the norm. This arrangement offers advantages for both the investor and the business. The disadvantage, however, is that the reputation of businesses are at stake and can be damaged if projects fail and the people who pledged or donated funds lose their investments. Drop claims to offer a platform for businesses to crowdfund, as well as a platform for innovators to develop their ideas through Drop Studios. What’s more, they have an e-commerce platform for pushing products developed by them into the market. For honest reviews of Drop, please read on.

About Drop
Drop is a crowdfunding community that empowers people around the world to discover new, diverse products every day, participate in new product development and learn and share with over 7 million people. Founded in 2012, Drop asserts to have been instrumental to the development of almost four hundred products with high market acceptability. Drop Studio looks to collaborate with brands and designers to birth new and innovative ideas through their simple three-step programme – Concept, Development and Production. The company is based in Cairo, Egypt.

Products and Services of Drop
Their products include electronics like AV Cables, Audio players, headphones, electronic accessories, keyboards, turntables, etc. Apparel and Accessories like wristwatches, belts, wallets, socks, keychains, outerwear and backpacks among others are available at the store. Shaving and grooming products, as well as Home and Garden and Sporting Goods like Hiking poles, Multitools, Flashlights and so on, are also available. Communities like Audiophile, Outdoors, Everyday Carry, Style, Mechanical Keyboards and Watches many are nurtured on the Drop Studio platform to foster the development of products.

Compliments, complaints and tips for Drop
Have you used the Drop platform in the past for shopping or product development? If yes, then you are in the best position to tell others about the company. Would you recommend them to others? Please leave a review of your experiences here to serve as information to prospective customers and feedback to the company. Tips on how the company can serve you and others better would also be appreciated.