UnitedCardists.com - The forum for Cardistry, Magic, Custom Decks and All Things Playing Cards.

Bradius wrote: ↑Wed Jun 22, 2022 12:48 pm However, in the perspective of the overall funding, it is still holding up fairly well. I am not a super expert of the whole funding and economics as you are, but it doesn't seem too fatal at this point.

STLBluesNut wrote: ↑Wed Jun 22, 2022 2:14 pm sell me a white one and you'll get another backer and $75.

rousselle wrote: ↑Wed Jun 22, 2022 4:55 pm I'll throw out some food for thought:

As a recession appears to be cresting the hill and into view just down the road, a lot of people's initial reaction is to sit tight and reduce their spending. The irony of it is that, unless you are concerned for your own source of income, the best strategy for dealing with a recession is to spend your money on the things you intend to get *sooner rather than later.* It may seem counter-intuitive, but if you believe that recession is imminent (or underway), your money buys more now than it will in the future. Saving your money by delaying spending reduces your buying power.

This tendency to reduce spending in the face of recession may help to explain what TGW is seeing. Playing cards are not a necessity, so I'm not directing this observation at people who are considering throttling back on discretionary purchases. It's only wise to consider whether your money is better spent on indulging your hobbies or stocking up on non-perishable necessities. Heh. No, rather, this observation is directed at TGW and all of the other project creators who are reading this thread:

Once the funding period for your project has concluded, firm up your contracts and make all the payments as soon as possible. Get the ball rolling on everything as quickly as you can. The longer you wait, the more money it will suck out of your funds down the road... and, the longer your project is delayed, the more shipping and other fulfillment expenses will balloon. (I know you were already planning to run your project this way, but it bears emphasis.)

The Kickstarter model is great when inflation is low: you get your money upfront and then fulfill as circumstances allow. This is a great way to reduce risk, because you don't spend any money on production until you have secured funds.

But, in an environment when inflation is high, it is better to produce first (when costs are lower) and then sell later (when it is reasonable to charge more money as the currency inflates.) Farmers are forced into this model, for example, so they always prefer inflationary fiscal policy.

So, yeah. Food for thought as you and others consider your business model down the road.

Bikefanatic wrote: ↑Thu Jun 23, 2022 11:31 am Question. For the sarcophagus, is it possible to take out the area of the 6/7 decks that it'll be bigger space inside?

TheGentlemanWake wrote: ↑Thu Jun 23, 2022 11:49 am

Bikefanatic wrote: ↑Thu Jun 23, 2022 11:31 am Question. For the sarcophagus, is it possible to take out the area of the 6/7 decks that it'll be bigger space inside?

You mean the divided interior? It's built into the box out of vegan leather lined slats of wood

STLBluesNut wrote: ↑Wed Jun 22, 2022 2:14 pm sell me a white one and you'll get another backer and $75.

vasta41 wrote: ↑Fri Jun 24, 2022 10:37 am I can't wait to make sense of this campaign on the backerkit. I wouldn't be surprised if a lot more cash comes in then. Do they take a 10% cut like KS?

STLBluesNut wrote: ↑Fri Jun 24, 2022 10:50 am if it makes any difference at this point, i like the lighter color tuck.

GandalfPC wrote: ↑Fri Jun 24, 2022 11:36 am 250k is approx the higher of your two previous campaigns backer count multiplied by the higher average pledge - so positive by that measure as well

TheGentlemanWake wrote: ↑Fri Jun 24, 2022 11:42 am... rather than succeeded.

hsbc wrote: ↑Fri Jun 24, 2022 10:33 am I know it must be awful watching it go down, but still, reaching nearly a quarter of a million dollars for luxury playing cards during a bad economy is a win