Crowdfunding schedule
Before you start crowdfunding
There are lots of things to sort out before you even create your crowdfunding page
- Make a list of potential supporters and backers - you can't succeed at crowdfunding without a crowd
- Make a list of potential websites, blogs and other press/media that might write about your project
- Research similar successful and failed crowdfunds - see what worked and what didn't
- Make a commitment to spending time on this every day until the project is over
- Grow (or start building) an email list - and make sure that everyone on the list has opted in
- Grow (or start building) your audiences on social networks like Facebook, Twitter and Instagram
- If there are blogs, forums or groups related to your project niche, join them and start talking about your project
- Make a pledge on some other crowdfunding projects to see how it works
Preparation
Planning and list-building. This stage will take about 1 to 2 weeks.
- Find out the average raised for similar projects
- Put together a team - teams are always more successful at crowdfunding
- Recruit crowdfunding mentors and coaches - these can be people you know that have run a successful campaign or a paid service
- Recruit a crowdfunding agency to help you plan your campaign
- Recruit a PR agency to help you get the word out
- Recruit an ad partner to help market and advertise your campaign
- Contact everyone in your supporter lists and send them an overview of what you want to do
- Create your crowdfunding page
- Create a crowdfunding video
- Create images/photos and any other creative media for your campaign
Feedback and improvement
This stage will take another 1 to 2 weeks.
- Send your project to everyone in your supporter list to ask for feedback
- Make changes to your page based on feedback
- Refine your rewards based on feedback
Running your campaign
We recommend a funding period of 4 weeks maximum.
If you've done your preparation then this will be plenty of time to get pledges from your supporters.
- Share your page with your supporters - and get them to commit to making a pledge on your launch day
- Contact relevant websites and blogs and ask them to share you campaign
- Write thank you messages to everyone who supports you
- Write regular blog posts talking about your progress - to persuade them to support you
- Write regular project updates talking about your progress - these are sent to your existing supporters so you want them to share your project
- Aim to raise
- 20% on the first day
- 40% by the end of the first week
- 60% by the end of the second week
- 80% by the end of the third week
- 100% (or more!) by the end of the final week
- Host online community engagement events - live streamed on Facebook, Youtube, Twitch
- Share your progress with the audience that you built on social networks like Facebook, Twitter and Instagram
- Share your progress with your email list
Once it's over
Great, you raised the money you needed. Now it's time to deliver your project!
- Thank everyone by email, and on your social networks
- Your funds will be transferred to your bank account
- Start working on delivering your project
Start crowdfunding now or get more information