I don't understand how businesses like this can fail.
With memes being so popular. I was thinking about making a smug pepe cologne and making a smug pepe shower curtain with a mr. feels wojack bathroom mat. Are either of these ideas any good? which is better? do meme projects fail bc people than know memes are disproportionately poor and have no disposable income.
But if you create high quality products and advertise them on 4chan they could work. You might have missed the boat with those specific meme though. You need to wait for another big character meme to come along, like Doge, Pepe, or Feels Guy.
>run by chinks
Lets look at meme capitalization that has succeeded-
Some asshole has a patent on trollface and he's literally made hundreds of thousands of dollars off of it.
Other poster is right in that these are way too expensive.
I've seen this done and properly. An anons mom handcroched Poland balls with hats and sold them for 20$ a piece. They were very high quality, it's why they were worth the money. And people were buying them
>do meme projects fail bc people than know memes are disproportionately poor and have no disposable income.
No, it's because the business idea is fucking retarded. The memes in your picture aren't actually that popular. And people here on 4chan (i.e. adults) wouldn't do something as retarded as buying MEME TOYS. Generally, TOYS are aimed at children (with the exception of cute anime girls and My Little Pony of course). Children nowadays like things like Minecraft, not Pepe the depressive sociopathic frog that /r9k/ relates to.
If you want to sell meme toys, you need to target the 9gag users, because they are numerous and fairly young, so they're more likely to buy them.
I don't know what they like, but just go on 9gag and look through their epic and funny memes.
What's the incentive for people to give their money to businesses that don't even have a product yet?
I would understand if you get a stake in the product/company and its future profits...
They were asking too much. Classic mistake. Poor perceived value on an already niche product. Also that Indiegogo page is loaded with half-ramblings about irrelevant shit. Might take off if there were better marketing, better PR, and either a better or a cheaper product (probably cheaper).