all you need to know on how to indiegogo
DESCRIPTION
The essentials of crowdfunding specifically for Indiegogo. However the same principles can be used on other crowdfunding websites or platforms. Many of the things in this presentation may seem straight forward but the truth is only few people execute them correctly if at all.TRANSCRIPT
Indiegogo EssentialsBy Alwi Suleiman
Mutual Motivation
Why Crowdfunding
Funds Early awareness Build future audience &
engagement culture Get feedback
Why People Contribute
Passion Participation pride (community
factor) Perks
Successful Campaign Components
Good Campaign
Engaging pitch Attainable goal Unique perks Proactive communication Strong offline preparation
Gogo Factor
Featured spot in the newsletter and blog
Better placement on site Visibility in search
rankings Inclusion in press
outreach
Perks need to be ready Prototype needs to be ready Agreement in principle with manufacturer FAA approval if possible Patents and other registration issues in place Website must be launched Social media platforms must be active Offline efforts 4-6 weeks before launch Product pictures showing diversity
Prerequisite to Launch
Public Validation
Inner circle must be responsible for 25-30% of our goal in the first few weeks.
Early Momentum
Create early momentum through: Pre-launch social
media buzz Offline campaigns
Keep the Momentum
Fundraising slows down in the middle of the campaign.
Solution: New Perks Interesting updates Continual
engagement
Reward Referrals
Running a referral contest helps motivate spreading word of mouth.
Finish Line Urgency
Creating a sense of urgency close to the end will maximize donation rate.
Money Doesn’t Roll In
A successful campaign is hard work.