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crowdfunding
Noland Hoshino, High Five Media
crowdfunding
Using a crowd to help fund some
type of project
 Donation-based crowdfunding
 Reward-based Crowdfunding
 Equity-based crowdfunding
 Debt-based crowdfunding
kickstarter
 Everything on Kickstarter must be a project  not causes
 You set a funding goal for your project
 You set a timeframe to reach that goal, usually either 30 or 60
days
 If you dont reach your goal, you dont get any of the funds
 Theres no cost to get started
 You pay Kickstarter 5% of the funds raised, on top of the credit
card processing fees to receive payments from your backers
 Kickstarter requires you to reach your goal to receive funds,
whereas with most others, whatever money you raise, you keep
indiegogo
 More focus areas than Kickstarter. Indiegogo is completely
open to anything
 You can choose a flexible or fixed goal with your project
 With flexible goals, if you dont reach them, you still get the funds
from those that backed your project, but you also need to make
sure youre able to fulfill the rewards
 Like Kickstarter, theres no cost to get started
 If you reach your goal, you pay Indiegogo 5% of funds raised; if
you dont reach your goal, you pay 5% of the funds raised
choose a platform
 Check your projects eligibility
 Select your major strategies
 Determine cultural and personality fit
 Look for credibility display opportunities
 Evaluate platform costs
 Consider the individual platforms minor features
Clearly
define your
product and
your goals
Tell a story
of what you
can do for
others
lets get started
Eye-catching
title
lets get started
Perfect your
pitch
lets get started
Build
community
before you
launch
lets get started
Get
commitment
from close
friends and
family
lets get started
Reach out to
your existing
customers
lets get started
Tell your
story with a
short video
lets get started
Demonstrate
impact of
your product
lets get started
Make the
most out of
reward tiers
lets get started
Show your
supporters
you
appreciate
them
lets get started
Pitch the
press
lets get started
Shorter
campaigns
are more
successful
lets get started
Spend money
to make
money
lets get started
Choose social
channels for
your
campaign
lets get started
Leverage
community
through
social media
lets get started
Create a
campaign
hashtag
lets get started
Find the right
content mix
lets get started
Keep your
community
updated on
fundraising
progress
lets get started
Track results
and refine
content
lets get started
Learn and
steal from
other
campaigns
lets get started
Thank your
backers
lets get started
Send
production
update
lets get started
Set up
fulfillment
process
lets get started
Set up online
store
25 Crowdfunding Tips
crowdfunding
Noland Hoshino, High Five Media
noland@highfivemedia.us | 360.607.4462

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25 Crowdfunding Tips