High Technology Backpack - iBackPack - Announces Retail Strategy

Austin, TX, August 23, 2015 (Newswire.com) - ​Austin, Texas based iBackPack of Texas, Inc. will be offering its high-technology backpack through major retailers such as Wal-Mart, Target, Sears, Macy's, JC Penney's, Bed, Bath & Beyond and Saks,

"We will continue to provide direct-sales following the Dell business model, we believe the iBackPack product is well suited for retail distribution" said Doug Monahan, CEO & Founder. While the iBackPack is a technology marvel it very clearly falls in line with the luggage business model exemplified by industry leader Hartman Luggage. The iBackPack is in the process of building a national authorized repair center system provided by over one thousand shoe repair shops in the United States and around the world. When asked why he chose shoe repair shops to repair the iBackPacks, Ile Jubovski, Vice President stated "We wanted to make sure any repairs could be done quickly and easily and within 30 minutes drive time for 95% of our users - shoe repair centers simply made the most sense."

"We will continue to provide direct-sales following the Dell business model, we believe the iBackPack product is well suited for retail distribution" said Doug Monahan, CEO & Founder. Ile Jubovski, Vice President stated "We wanted to make sure any repairs could be done quickly and easily and within 30 minutes drive time for 95% of our users - shoe repair centers simply made the most sense."

Doug Monahan, CEO & Founder

iBackPack is expected to be sold in over 5,000 retail centers within the next 18 months. It is ramping up its manufacturing and production facilities throughout 4th quarter 2015 and expected to be shipping initial stocking orders of over 200,000 units. The company's investment in the iBackPack is in the tens of millions of dollars. Doug Monahan, CEO, states "While the investment is significant, we are committed to both the direct sales and channel sales business model. Major retailers provide by a reliable distribution system as well as significant support services that are important to a fledgling new business such as iBackPack."

The iBackPack is currently only available for pre-orders through crowdfunding site Indiegogo. The response from the world is astounding with the project being over-funded by 400% within the first week. Those wishing to pledge/purchase the iBackPack prior to its retail distribution can visit http://igg.me/at/ibackpack . 

There are currently 3 versions of the iBackPack being offers, intro at $99, WiFI for $199 and sales professional for $249 & $299.