17
@ Impact Hub Geneva

Crowdfunding for Impact, July 2016

Embed Size (px)

Citation preview

Page 1: Crowdfunding for Impact, July 2016

CROWDFUNDINGFORIMPACT

13 /07 /16

@ Impact Hub Geneva

Page 2: Crowdfunding for Impact, July 2016

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

Page 3: Crowdfunding for Impact, July 2016

TYPES OF CROWDFUNDING

equity or investment based

lending based

donation based

reward based

Page 4: Crowdfunding for Impact, July 2016

EQUITYCROWDFUNDING

Contributors become part-ownersGenerally 6-figure+ investmentgoalsNot relevant to nonprofitsGenerally heavily regulated incountries

Page 5: Crowdfunding for Impact, July 2016

LENDINGCROWDFUNDING

Also known as peer-to-peerlendingOffers easier, faster andcheaper access to financingPlatforms help investors to fixan interest rate

Page 6: Crowdfunding for Impact, July 2016

DONATIONCROWDFUNDING

Contributors do not receiveanything in returnGenerally small amounts givenUsed by individuals and forsocial fundraising initiatives

Page 7: Crowdfunding for Impact, July 2016

REWARDCROWDFUNDING

Contributors receiverewards/perks for contributionsSmall to moderate amountsgivenFor-profit and nonprofits canrun campaigns (some platformsonly serve one of the two)

Page 8: Crowdfunding for Impact, July 2016

BENEFITS OF REWARDCROWDFUNDING

Market Testing Build & Improveyour Story

Fail FastSucceed Faster

Raise Money Brand AwarenessBuild

Community

Page 9: Crowdfunding for Impact, July 2016

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?

Page 10: Crowdfunding for Impact, July 2016

STARTINGCHECKLIST

There are 3 phases to a crowdfundingcampaign and much of your success willdepend on how much you put into the pre-campaign phase.

Page 11: Crowdfunding for Impact, July 2016

KNOWYOUR

AUDIENCE!

RESEARCH- similar campaigns- your existing community- potential partners- potential networks- relevant press contacts

Page 12: Crowdfunding for Impact, July 2016

YOUR STORY

COPY

VIDEO

PERKS

Page 13: Crowdfunding for Impact, July 2016

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

Page 14: Crowdfunding for Impact, July 2016

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

Page 15: Crowdfunding for Impact, July 2016

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

Page 16: Crowdfunding for Impact, July 2016

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

Page 17: Crowdfunding for Impact, July 2016

THANKYOU !

13 /07 /16

All images courtesy of Freepix