French Slide: The Patio Door Reinvented
French Slide™ is an affordable all-in-one patio door which slides both left and right, and due to our proprietary hinging technology, also opens out to provide homeowners with a sense of luxury at a low cost. We have developed a proprietary track system which focuses on ADA compliance and ease of access. French Slide™is reinventing the patio door and eliminating the need to choose between sliding or hinging. The original patio door, now known as the French or hinging patio door, provides the homeowner with a luxurious experience because of its ability to open up completely, but they don’t work everywhere, such as many coastal areas, due to space constraints and performance requirements. Sliding patio doors, introduced to the market much later, offer homeowners a space conserving, high performing and low-cost alternative, however; they lack the luxury French hinging doors bolster. French Slide combines the best features of both sliding and hinging patio doors while eliminating their cons, to create a truly all in one patio door perfect for any space and every place.
Consumer Goods, Residential Doors, Patio Doors
May 1, 2018
French Slide is currently seeking $180,000 in funding. Our preferred financing instrument is a convertible note, but we are also open to other methods of financing.
Please contact Neil Hailey at [email protected] for more information.
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VIRAL Level 5: Solidifying the Business Model
You’ve got a revenue model in place and are making money.
Your team has strong sales and operations capability and you’re actively building a strategy to bring down your customer acquisition costs.
What investors at this stage are likely to like about your business:
- Your business model.
You’re making money and beginning to grow your customer base. You’re building increasing evidence through sales that you’re solving a significant problem in the market and that you’re differentiated enough that people are paying you for your solution.
- Your product.
You’ve nailed user experience in your product – it’s easy to use and your customers are continuing to use it. Your team has a deep understanding of the customer’s pain points, what features need to be improved, and have a product roadmap to address those concerns.
Your sales/distribution strategy.
You’re in promising conversations with potential partners for sales and distribution to take your product to market at scale. You might even have such partnership in place already, and it’s important to emphasize this to investors as it’s what enables you to beat your competition in gaining market share.
What investors at this stage are likely to ask questions about:
- Customer base:
Investors will want to see that you can move beyond early adopters to a larger customer base. When do you think your sales will start mapping to projections and what’s your strategy to get there?
- Customer Acquisition cost:
While you’ve thought about how to reduce cost of acquiring new customers, what are you actively doing to bring this cost down? What’s your marketing strategy to move away from push sales to pull?
Regulatory/IP Challenges :
What’s your strategy for protecting your IP (if applicable) and regulatory hurdles?