Articles
How does pre-funding work?
In our efforts to create products that our registrants find valuable, and keep the price of these products at low as possible, we are starting a new product development program. Here is how it works:
1. Herman & Wallace creates a product concept, a description of the product and it’s contents, without fully creating the product.
2. Herman & Wallace puts this product concept on our website for a trial period. This product concept’s page will contain:
a. A description of the product
b. The contents of the product (patient forms, powerpoint files, handouts, mapping tools...)
c. The estimated retail price of the product
d. An amount, lower than the retail price, that one can contribute towards this product’s full development called a “pre-fund” amount.
e. The end date of the trial period
3. Therapists who would like to buy the product can pre-fund the product concept at a discount to the retail price in exchange for receiving the product upon Herman & Wallace completing its development.
4. Once the product is completed (wihtin a period of weeks) the prefunders will receive the downloadable product they prefunded for the much lower prefund price than the full price.
| If enough therapists pre-fund the product before the end of the trial period, Herman & Wallace will fully develop the product, and will email the product to each therapist who pre-funded the product. | If fewer than the minimum therapists pre-fund the product before the end of the trial period, Herman & Wallace will not fully develop the product, and Herman & Wallace will refund 100% of pre-fund amount paid by each therapist who pre-funded the product. |
To Summarize:
If you see a product you'd like to purchase, pre-fund it and if the product reaches its funding goal, we'll email you the product after we finish developing it. Pre-funding a product carries NO RISK. If the product does not get funded, we will refund 100% of the amount contributed by each pre-funder.