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CROWDFUNDINGFORIMPACT
13 /07 /16
@ Impact Hub Geneva
1. Quick overview of the market
2. Types of crowdfunding
3. Benefits of crowdfunding
4. Questions to ask before crowdfunding
5. Pre-Campaign work
6.During Campaign work
7.Post-campaign
8.Useful insights
CONTENTOUTLINE
TYPES OF CROWDFUNDING
equity or investment based
lending based
donation based
reward based
EQUITYCROWDFUNDING
Contributors become part-ownersGenerally 6-figure+ investmentgoalsNot relevant to nonprofitsGenerally heavily regulated incountries
LENDINGCROWDFUNDING
Also known as peer-to-peerlendingOffers easier, faster andcheaper access to financingPlatforms help investors to fixan interest rate
DONATIONCROWDFUNDING
Contributors do not receiveanything in returnGenerally small amounts givenUsed by individuals and forsocial fundraising initiatives
REWARDCROWDFUNDING
Contributors receiverewards/perks for contributionsSmall to moderate amountsgivenFor-profit and nonprofits canrun campaigns (some platformsonly serve one of the two)
BENEFITS OF REWARDCROWDFUNDING
Market Testing Build & Improveyour Story
Fail FastSucceed Faster
Raise Money Brand AwarenessBuild
Community
QUESTIONSTO ASKYOURSELFBEFORERUNNING ACROWDFUNDINGCAMPAIGN
Why do you need to raise money?
Do you have the resources to run acampaign that could last a year?
Have you done the math?
Do you have the key networks in place?
STARTINGCHECKLIST
There are 3 phases to a crowdfundingcampaign and much of your success willdepend on how much you put into the pre-campaign phase.
KNOWYOUR
AUDIENCE!
RESEARCH- similar campaigns- your existing community- potential partners- potential networks- relevant press contacts
YOUR STORY
COPY
VIDEO
PERKS
Send out press releaseLaunch email campaignLaunch social media content and outreachProvide regular updates and thank supportersAnalyse and tweak perks
During the Campaign - 2/3 hours a day
i n form your supporters about resu l ts
send out f ina l p ress re lease
de l i ver your perks
keep your supporters updated
THE F INAL STAGES
MARKETING REACH
A t y p i c a l c a l l t o a c t i o n t o v i s i t c amp a i g n p a g eh a s a 3% c o n v e r s i o n r a t e . O f t h a t 3% , 1% w i l li n v e s t .
I f you set your campaign goa l at $ 10 ,000 and use
the $25 perk as your base . You wi l l need 400
donors . That means you need your market ing reach
to be 1 ,330 ,330 to ga in 40 ,000 c l i ckthroughs to
your campaign page . With the 1% inves t ra te , you
wi l l then get your 400 donors and reach your goa l .
CALCULATION
UPDATESAround 12 updates
throughout campaign
On avg, 40% of contributions
come in the first & last 3 days
START/FINISHOn avg, they added 9 perks. $10-
$30 perks are the most popular
PERKS
Need tech, business, and
comms savvy people
TEAMWORKCampaigns with videos
raise 8 times more
VIDEOUS, Canada, UK, Australia &
Germany are biggest contributors
GLOBAL REACH
INSIGHTS OF SUCCESSFULCAMPAIGNS
source: IndieGoGo
THANKYOU !
13 /07 /16
All images courtesy of Freepix