StartupTunes

TinyLightBulbs is a Colorado- based international e- commerce site that is founded this year by Matthew and Mark McLachlan. It wholly features products that are developed through crowd funding, as well as products that are independently funded.

So basically if you are savvy with marketing and have the know-how to build an innovative site, but doesn’t have the capability to make your product more visible, then you could probably use TinyLightBulb’s help. With this, you can actually actualize the potentials of your products as it serves as a hub for crowd and independent funded products.

Its basic premise is to create a destination for the products that people have loved from different crowd funding sites and pull in people who are drawn to a specific product. Plus, the site also does video reviews of the products as well as a clean storefront for it. The videos are shown weekly and are uploaded to Youtube, where certain products are chosen to be featured.

The catalog of TinyLightBulb includes a wide variety of categories namely books, home décor, electronics accessories, fashion, and design. It does not hold any inventory of the products listed in the catalog since it operates by drop shipping fulfillment model. All the great indie products owner has to do is register their products to be sold on the site. Then TinyLightBulbs levies at 13% commission on all sales made, and transfers the earnings of the owners via PayPal. What’s best is that a commission is only charged when you have sold the products, which means that there are no fees associated when you register a product with the site.

Currently, the site seems to be heavily focusing on low cost home and electronic accessories. However, it has been off to a great start where we can expect great developments in the future.