It's something called social product development.
www.quirky.com
The company is called Quirky. What you do is introduce an idea, then you will see if the community likes the idea and if it does, you get votes and then Quirky will select your idea for you to research more about it - product name, product research, etc.
Then it goes a step further to pre-sale. Where a certain units like say 500 units needa be pre-bought so that the product goes to mass production and off to resellers.
UPDATE : sorry didn't see another post on supporting his idea on Quirky... Haha... Thought it would be great to share this site...





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