The Model: A
platform which connects designers of products directly to customers. Designers,
once approved, can upload their designs onto the platform, which customers can
buy.
Startup Doing It: Crowdyhouse
(Dutch startup)
What I Like:
Core Idea – An ‘Etsy
for product designers’. Customers can get better price, designers can get a
better margin and more brand recognition.
Niche – Since the
website is all about innovative product designs, discovery of such products is
easier here as compared to other ecommerce players.
My Concerns:
Weak Differentiation – Designers
can upload their products on other ecommerce websites as well. Though Crowdyhouse
does select which designers to keep on their platform, I feel a more
significant differentiator may need to be built in.
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