Campaign Marketing-Funds allotted to campaign marketing include reimbursements for targeted ads on Instagram and other social media platforms.
General Marketing-Capital allocated to general marketing will help fund introductory promotional spend in new store location launches and in-store promotions and demos.
Research and Development-As the company continues to work on new products, it will use funds to cover the cost of raw ingredients and production. This includes a Goodwolf can line for direct-to-consumer (D2C) sales and a D2C supplement powder line.
Equipment Purchases-To help increase productivity, the company hopes to upgrade its bottling line equipment, which may include a 10-barrel (BBL) brite tank, a glycol chiller, and a can filler.
General Working Capital-The company plans to use funds allocated to general working capital to support the purchase of raw goods and supplies, as well as operating costs such as organic recertification.
New Account Warehouse Slotting-Goodwolf plans to use funds to expand to new distribution centers. The costs associated with expansion include slotting fees paid to the distributor to store the product, charged per SKU.
Intermediary Fees-This allocation includes fees related to launching the crowdfunding raise.