You stand at the threshold of your small yet buzzing startup office, ready to introduce your smart luggage prototype to the market. How will you make your mark? (Still need: $500,000 investment to launch a full marketing campaign) a. Launch Event: Host an exclusive launch event and invite travel influencers to showcase your smart luggage. b. Innovative Upgrade: Invest in research and development to add even more state-of-the-art features to your luggage. c. Traveller's Fund: Create a crowdfunding campaign offering early bird discounts and special rewards for early backers. d. Direct to Consumer: Sell your luggage directly to consumers, bypassing traditional retail channels to keep prices competitive. (Still need: $1 million in revenue to become a tycoon)
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