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The Power of Crowdfunding and Flexible Compliance: DiFOLD's Path to Innovation
Trending topics
5 min
Dilyana Simeonova
March 9, 2023
From Vision to Reality: How DiFOLD Thrived with Crowdfunding and Adaptable Compliance
In a world that's increasingly focused on sustainability and reducing waste, DiFOLD is a company that's making waves with its innovative and environmentally friendly products. Founded by Radina Popova and Petar Zaharinov in 2018, DiFOLDhas quickly gained a reputation for its origami-inspired bottles that are not only stylish but also reusable.
With a successful crowdfunding campaign, the company was able to fund its first mass production of the Origami Bottle but also faced several challenges along the way. Nevertheless, the team's commitment to their vision and their loyal supporters kept them going.
In this case study, we'll take a closer look at DiFOLD's journey and the lessons they've learned along the way.
Where it all began
In mid-2018, Radina and Petar stumbled upon a unique design for different geometric triples. Recognizing the potential of this design for their products, they patented their invention and the Origami Bottle was born. By 2020, the duo launched a crowdfunding campaign on Kickstarter, seeking support to fund the first mass production of their innovative product. Thanks to the overwhelming response from backers, they were able to bring the Origami Bottle to life and set the stage for a new chapter in DiFOLD's journey.
Radina and Petar, co-founders of DiFOLD
The climb to success
During the serial production of the Origami Bottle, DiFOLD faced various challenges that delayed the release of their first batch of 6,500 bottles until 2022. Despite the obstacles, Radina expressed that the unwavering support from their backers was the driving force that kept the team motivated to deliver their promise. In an interview for this case study, Radina shared that the support from their backers spoke volumes about the importance of their product, and it was a big responsibility for them to ensure that they received the product they believed in before even seeing or touching it. However, DiFOLD successfully completed the pledge to their supporters, even with the pressure of keeping their promise.
Radina explained that there are several reasons why the Origami Bottle is highly popular, and each reason is unique and depends on the customer. Based on the feedback they have received, some customers appreciate the innovative design, while others support the broader mission of using reusable containers. Interestingly, some customers love the bottle's aesthetics so much that they are inspired to switch to reusable items and subscribe to the concept of reducing single-use plastic. Isn’t this awesome?
The Origami Bottle
DiFOLD on Shopify and the Consentmo app
Once DiFOLD released its first batch of mass-produced Origami Bottles, the company turned its attention to creating a B2C website using the Shopify platform. The founders made a strategic decision to target the Western market, and after evaluating various e-commerce platform options, they opted for Shopify due to its popularity and accessibility in the USA. Despite some minor drawbacks, DiFOLD appreciated the platform's third-party integrations and user-friendly design settings, ultimately making it a good fit for their needs.
DiFOLD's relationship with the GDPR/CCPA app began when they launched their Shopify store. After researching various compliance apps, they found that the GDPR/CCPA app had all the essential features they needed. They started with the free version, which provided them with all the necessary compliance functions. However, as their website visitors increased due to marketing campaigns, they switched to the premium plans. As a startup, DiFOLD's website traffic is unpredictable, and the app's flexibility helped them manage their compliance needs effectively.
"What I like most about the app is its flexibility to move between plans depending on your situation and the website traffic. "
- Radina Popova
DiFOLD's website with the Consentmo Cookie bar
The future of DiFOLD
In 2023, Radina and the DiFOLD team are eagerly preparing for their upcoming product launch, which aims to introduce the origami design to a wider audience. This autumn, they plan to unveil the Origami Cup, backed once again by a crowdfunding campaign on Kickstarter. With functional prototypes of the cup already in existence and a wealth of knowledge and partnerships gained from their previous experiences, this year promises to be truly special for the team at DiFOLD.
When asked for advice on starting a business, Radina had some valuable insights to share. She emphasized the importance of knowing your product, brand, and customers, and using that knowledge as a foundation for your business. Additionally, she encouraged entrepreneurs to talk about their ideas and seek feedback from others, despite any fears of theft or failure.
"By sharing your product and listening to feedback, you can gauge the market's interest before investing significant time and money."
- Radina Popova
Overall, Radina's advice is a reminder that starting a successful business requires both passion and practicality.
To Conclude
DiFOLD's journey in creating and launching the Origami Bottle has been a testament to the power of innovation, perseverance, and community support. As they continue to expand their product line and reach new markets, their commitment to sustainable solutions and customer satisfaction remains unwavering. Throughout their journey, DiFOLD has relied on the GDPR/CCPA app for their compliance needs, utilizing its flexibility and essential features to ensure their website adheres to the necessary regulations. The partnership between DiFOLD and the GDPR/CCPA app is a prime example of how businesses can utilize technology to streamline their operations and enhance their customer experience.
To learn more about the GDPR/CCPA app and how it can benefit your business too, visit our listing page at the Shopify App store.
About the Author
Dilyana Simeonova
Dilyana is a Marketing Specialist in Consentmo with an academic background in Advertisement and Brand Management. Stumbling into the tech world with this job, she feels like she finally found her calling and is set on bringing the best compliance information to all Consentmo users.
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