10 figures you need to know before a Kickstarter
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Transcript of 10 figures you need to know before a Kickstarter
#dataset analysis based on
$500k+ successful KS campaign in Tech, Design and Hardware Gaming
= 79 startups
= 4,000 daily data crunched
source : Kickstarter, Kicktraq, Crunchbase + crossing figures with Flybridge Dataset for #10
#1. 64% of successful KS were launched on
Tuesday or Wednesday
monday tuesday wednesday thursday friday saturday sunday breakdown of $500k+ funded projects per launchday.
9%
34% 30%
15% 5% 4% 3%
#2. average campaign duration
= 38 days 3%
67%
23% 8%
< 30 days 30 to 40 days 41 to 59 days 60 days breakdown of $500k+ funded projects per campaign duration.
average video duration
= 3min45s #3.
breakdown of $500k+ funded projects per video duration.
39%
28%
22% 11%
< 3min 3 to 4min 4 to 5min 5min <
#4. median unit price per product
= $189 breakdown of $500k+ funded projects per unit price.
27%
47% 17%
4% 5%
<$101 $101 to $300 $301 to $600 $601 to $2,000 $2,000+
#5. median funding goal
= $100,000 62%
13%
25%
breakdown of $500k+ funded projects per funding goal. < $101k $101k to $200k $200k+
#6. average time to reach the goal
= 3 days breakdown of $500k+ funded projects per goal reached day.
38%
25% 20%
16%
Day 1 Day 2 Day 3 Day 4 +
#8. 44%
week 1 week 2 week 3 week 4 week 5
14% 11% 9% 22%
average distribution of total amount raised on a 5-week normalized period for $500k+ funded projects
1st week + last week = 66% of total funding
#9. average shipping delay
= 7 months
breakdown of $500k+ funded & shipped projects per shipping delay.
4%
44%
31% 20%
on time 1-5 months
6-10 months
11-20 months
#10.
(*) some VC investments might not have been announced yet.
51%* raise VC Funding
after a $1M+ KS campaign