IQ2 power meter

power-meter

#141

Perhaps if they would have set more realistic Time scales and been better at communications then people would be so annoyed.
I still cannot see how they can make such a great product for a fraction of the price that Garmin/Stages etc charge


#142

Anyone who crowdfunds, like myself, is totally aware of the risks of not receiving a perk. Shipping dates are never set in stone, I’m sure promises are given and they will do their best to stick to them, but that isn’t the real world, sh*t happens. From what I’ve seen recently they have been communicating, the only expectation by Indiegogo is a monthly update to backers. I believe they are doing more than the minimum?

I see so many people talking about crowd funding as if they have placed order. We are not customers, we are backers. We are backing an idea and should it come to blossom you may even get your perk, you might even get it around the expected delivery date. I’ve seen deadlines missed by years, my last perk arrived 6 months late, and I couldn’t be happier with it. I’d rather issues are sorted before trying to ship out to a deadline date. I can’t imagine for one moment they are laid back, feet up twiddling their thumbs, I would imagine they have been doing 7 day weeks for a long time… and if its 4-6 weeks late, wouldn’t you rather that than something rushed…


#143

I think its the lack of communications that gets most people, especially since they have a Brand manager who does the social media from what I am aware of


#144

It’s a delicate balance for both the company and the consumer. Company want to push to get to market and generate revenue as quickly as possible which is also good for consumers. If they adopted a “realistic” timeline to include all the buffer for the issues they encounter then they miss a window or is so far out, no one is going to invest because they want it now (or at least soon) and the longer the cycle, the greater the risk as well as being more expensive.

For this and to reply to @FatherDamo2, I believe that people will put up with a fair amount of adversity if they are kept informed and have time to deal with it. Waiting until the last minute to have a bad surprise sprung on you is almost never well received. I do agree that a lot of people did have unrealistic expectations of a crowdfunded project, but would be happier if IQ2 would have been more up front as to what was going on.


#145

@Charlotte_Louise Brand manager, CEO, Caretaker, Shipping… guessing he might have lots of roles;) Just looking at the Indiegogo update page, IMO that seems like fairly good communication from a startup. That’s just my opinion when comparing to some of the campaigns I’ve backed.

@ZeroGravity I do agree that this should all be communicated and what you have said, being kept informed and up to date, people are more accepting with delays.

Outside looking in, having 3,000 backers there’s will be a lot disappointed backers if they expect to receive them in March and April. To pack/ship that amount of orders would take a good two months alone, even if they were all made. I would expect a first batch run of around 200, send them out, get feedback, order next production run of 400 with any required fixes/firmware updates… and keep ramping it up. They want a successful release of units, not a sudden issue and need to recall thousands and have a disastrous roll out .

I would expect 3,000 backers satisfied over next 3-6 months. Reference investment, they already have a good slice, approx £1.6 million. If its successful then I’m sure regardless of the last few months have gone, then they’ll be on a winner and get more investment.

Then again this is only my two pence worth and I’m probably wrong.


#146

They did say they would be sending them out in batches, starting with the original KickStarter backers first then the IndieGoGo ones which is typical of crowdfunding but they haven’t given any details about how many per batch and of course, when. My IGG is somewhere around 3200 despite backing them in the early Fall.


#147

I think you’re going in eyes open but I don’t think the risks are ever fully understood by the general public. It’s also not really in kickstarter’s interest to make it really explicit otherwise their business model is stuffed. I’ve had some good experiences on Kickstarter but it’s on the basis of caveat emptor (or investor) and backing small niche products where the idea is clever but the IP means the product is only ever going to be run by a couple of guys in a lockup or a one off production run.

This has echoes of a couple of drone projects I was following. The marketing, communications etc. are very similar. Something doesn’t quite pass the sniff test for me.


#148

On their FB Page they talk about “February deliveries”. This means that the pms need to be delivered today or they’ll become “March deliveries”.

Hi everyone! Our first deliveries in February are still on track, we’ll keep you posted as the specific dates grow nearer :muscle:

In the meantime, we’d like to take you behind the scenes to our awesome calibration machine, especially designed and produced for the iQsquare power meter. :face_with_monocle: Read about its workings here kck.st/2GcIXHA.


#149

If it was back in January and they said February is one thing but when it was just 6 days ago they said it will be February, it’s pretty piss poor that they can’t project 1 week out. At least show shipping boxes, something, anything that they are preparing to ship. I can only guess the head is a stereotypical engineer who doesn’t want to look bad so avoids confrontation by not saying anything and avoiding.


#150

I wish the best for all of the backers but at some point iQ2 needs to be held accountable for promises and predictions. The Kickstarter marketing model shouldn’t be an automatic excuse to not deliver.

At the very least, iQ2 should keep the consumers/backers frequently updated.

:slight_smile:


#151

The other thing that a few have brought up is the IQ2 app isn’t available in either Apple or Google app stores yet. You might get the unit but not much use if you don’t have the app to go with it. Not sure how long it takes to get the app to show in the stores


#152

I am an early backer, got an email to update my information last week. I live in the States and figure it will take a while to get products over. I backed zwatt, watteam, infinity seat and now this. May be slow getting products out but have received everything I’ve backed :sweat_smile: I’ve seen a lot of products fail, any success is great for consumers and backers alike. Life happens, missing a target date is WAY BETTER than MISSING PRODUCT delivery. :grinning:


#153

Oh man. I promise not to derail this discussion but on the subject of dramatic crowdfunding projects I’ve backed that one absolutely takes the cake. If I remember right; at one point the project went off the rails because the guy’s son fell ill and nearly died.

Anyway, I hope you all get your meters eventually! A clubmate of mine (not on here - he’s a Zwift loyalist) is down for a set and is getting a little annoyed himself.


#154

TRUE TRUE TRUE, but the project got completed. !!! I honestly think, crowdfunding projects are like buying stocks ( maybe worse, day trading), the market can crush at anytime. Take the dive and don’t hold you breath too long.


#155

not a huge fan that it pushes your pedals out wider, affecting your Q Factor https://www.dcrainmaker.com/2018/04/iq2-149eur-first-power-meter.html


#156

Yeah. Known since the debut and discussed at length above. It will not necessarily work for everyone.


#157

Maybe ‘speculative shopping’ describes what people are doing? Some strange cross between the ‘thrill’ of gambling (if that’s your thing) mixed with the ‘thrill’ of retail therapy, and maybe a sprinkling of ‘sticking it to the man’? Although the ‘payout’ if a project succeeds and actually delivers is low and seems out of kilter with the risk undertaken.

Good luck to people if that’s what they want to do with their money; it makes the world go around and the economy keep turning, but count me out. I’ll stick to proven products thanks.


#158

Come on guys - please no-one post again in here until they actually get one :sweat_smile: I keep seeing this thread pop up thinking is today the day?


#159

Probably less time than it takes to ship the physical devices.

Depending of course whether they find things in their additional testing that require app changes?


#160

:thinking: