Crowdfunding for Impact

Post on 14-Sep-2014

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Bre DiGiammarino, Cause Director at Indiegogo reviews the fundamental steps in successful crowdfunding for social good projects among youth. Highlighting innovative projects funded through Indiegogo and a list of resources to move forward with funding your youth health project. Presented at YTH Live 2014 session "Innovative Funding for Social Good."

Transcript of Crowdfunding for Impact

Crowdfunding for Impact

Bre DiGiammarino, Cause Director bre@indiegogo.com | @IndiegogoCause

Campaign

Partner page

Raise money

Capture data

Customer interaction

Market validation

Benefits of Crowdfunding

Create evangelists

Launch your idea

Gauge and prove demand

Grow your market

Spread a message

Partner page

4 Fundamentals of Successful Campaigns

Frame 1. 2. 3. 4.

‘Green Bar Effect’

The Green Bar Effect Higher goal doesn’t always mean more money!

4 Fundamentals of Successful Campaigns

Frame 1. 2. 3. 4.

Pitch

Your pitch is the face of your campaign

Have a good pitch

Make it personal

4 Fundamentals of Successful Campaigns

Frame 1. 2. 3. 4.

Pitch

Perks

Why do people contribute?

Passion Participation & Pride Perks

Passion

Participation & Pride

Perks

Perk ideas

4 Fundamentals of Successful Campaigns

Frame 1. 2. 3. 4.

Pitch

Perks

Promotion

Canary

Technology – New York, NY USA

Raised: $1,866,692

Goal:

$100,000

Preparation

Crowdfunding isn’t winning the lottery Campaigns require effort and constant promotion Make sure to have a plan before you start

Only one chance at a first impression Utilize a soft launch 30% rule Marketing schedule is key

Time your marketing!

Prime the pump

Stay active

Be Proactive Tell people about your project – constantly!

Campaigns sending at least 3 updates raise about 239% more than those that post 2 or fewer

Indiegogo Resources

Campaigner Field Guide http://landing.indiegogo.com/iggfieldguide/ Insights Blog: for insights, tips and ideas: https://www.indiegogo.com/blog/ Indiegogo: browse successful campaigns: http://indiegogo.com Help Center: answers to specific questions: http://support.indiegogo.com/forums Additional Questions: Our Customer Happiness Team is always here for you. Contact us: support@indiegogo.com

Thank you!

Bre DiGiammarino bre@indiegogo.com