๐ธ 10 Top Tips for a SUCCESSFUL KICKSTARTER! How I made ยฃ25k through crowdfunding! Emily Harvey Art
TLDREmily, an illustrator and Kickstarter veteran, shares her top 10 tips for a successful crowdfunding campaign. She emphasizes the importance of having an engaged audience, regardless of size, and knowing your product costs. Offering incentives, setting realistic goals, and avoiding 'spam' promotion services are also highlighted. Emily encourages planning, using spreadsheets for organization, and promoting the campaign well in advance. She advises on timing, including the length of campaigns and processing times, and ends with a reminder that failure is a learning opportunity, urging persistence in crowdfunding endeavors.
Takeaways
- ๐จ Emily is an illustrator and enamel pin enthusiast with experience in Kickstarter campaigns, having raised over ยฃ25,000 in the past three years.
- ๐ She emphasizes the importance of having an engaged audience, regardless of size, that is invested in your project's success.
- ๐ผ Emily advises not to rush into a Kickstarter campaign, but to spend time building a mailing list and a following on platforms like Instagram.
- ๐ Knowing your numbers is crucial: understand the costs of manufacturing, shipping, and packaging before launching a campaign.
- ๐ฐ Kickstarter fees and the initial funding goal are important to calculate accurately to ensure the project can be fulfilled if funded.
- ๐ Offering incentives such as freebies, discounts, or Kickstarter exclusives can encourage backers to support your project.
- ๐ Timing is key: plan the Kickstarter submission and end date strategically, considering review times and backers' paydays.
- ๐ Stretch goals can be used to unlock additional products or features if the initial funding goal is exceeded, providing flexibility in funding.
- ๐ฌ Be cautious of unsolicited offers to promote your Kickstarter, as they may not be legitimate and could waste resources.
- ๐ Use spreadsheets to manage backers and their pledges effectively, ensuring a smooth fulfillment process.
- ๐ข Promote your Kickstarter extensively before and during the campaign, building anticipation and engagement with your audience.
- ๐ซ If a Kickstarter fails to meet its goal, view it as a learning opportunity and consider relaunching with adjustments after some time.
Q & A
Who is the speaker in the video transcript?
-The speaker in the video transcript is Emily, an illustrator, enamel pin lover, and Kickstarter doer.
What is the main topic of Emily's video?
-The main topic of Emily's video is to share her top 10 tips for having a successful Kickstarter campaign.
How many Kickstarter campaigns has Emily done according to the transcript?
-Emily has done five Kickstarter campaigns, with one being a collaboration.
What was the total amount of money raised by Emily through her Kickstarter campaigns over the past three years?
-Over the past three years, Emily has raised over 25,000 pounds through her Kickstarter campaigns.
What is the importance of having an engaged audience for a Kickstarter campaign according to Emily?
-According to Emily, having an engaged audience, regardless of its size, is crucial for a successful Kickstarter campaign because these are the people who want to see you succeed, love your products, and want to be part of the project.
What does Emily suggest regarding the size of the audience for a Kickstarter campaign?
-Emily suggests that the size of the audience is not as important as its engagement; even a small audience of 20 people can be amazing if they are truly engaged and supportive of the project.
What advice does Emily give about not rushing to start a Kickstarter campaign?
-Emily advises not to rush into starting a Kickstarter campaign and to invest time in building a mailing list and following on social media platforms like Instagram, focusing on attracting an audience that genuinely cares about the products being offered.
How does Emily emphasize the importance of knowing your numbers before starting a Kickstarter campaign?
-Emily emphasizes the importance of knowing the exact costs of manufacturing, shipping, and packaging the product before starting a Kickstarter campaign to avoid guesswork and ensure the feasibility of the project.
What is the role of incentives in a Kickstarter campaign as explained by Emily?
-Incentives play a significant role in a Kickstarter campaign as they encourage people to back the project. Emily suggests offering freebies, discounts, early bird offers, and Kickstarter exclusives as ways to incentivize backers.
What is the significance of timing and time frames in a Kickstarter campaign according to the transcript?
-The timing and time frames are significant in a Kickstarter campaign because they affect the planning and review process of the campaign page, the duration of the campaign, and the availability of funds after the campaign ends.
How does Emily describe the process of submitting a Kickstarter page for review?
-Emily describes the process of submitting a Kickstarter page for review as one that requires sending the page to Kickstarter for their review. If any issues are found, they are flagged, and the creator must fix them, which can take several days, so it's important to submit well before the intended launch date.
What advice does Emily give about the length of a Kickstarter campaign?
-Emily advises that the length of a Kickstarter campaign should be determined based on the project's needs. She suggests starting with a smaller campaign and trying a month-long campaign for the first time, but also considers shorter durations like two weeks for subsequent campaigns, depending on the project.
What is the concept of stretch goals in Kickstarter campaigns, and how does Emily view them?
-Stretch goals in Kickstarter campaigns are additional funding targets that, once reached, can 'unlock' extra rewards or features for the project. Emily views stretch goals as a way to fund more products and not to be scared of them, as they can help in successfully funding the project even if the initial goal is not met.
How does Emily suggest handling the emails and messages from companies claiming to promote Kickstarter projects?
-Emily suggests ignoring these emails and messages, as they often promise growth in backers but may not be legitimate. She advises against spending money on such services and instead focuses on organic promotion and learning from the experience if the campaign does not succeed.
What is the role of spreadsheets in managing a Kickstarter campaign according to Emily?
-Emily emphasizes the importance of using spreadsheets to manage backers, their shipping addresses, and the rewards they have chosen. She recommends organizing the spreadsheet to track the status of each backer's order and to easily access information if issues arise.
What is Emily's advice on promoting a Kickstarter campaign?
-Emily advises to promote the Kickstarter campaign well before it goes live, not just during the campaign. She suggests teasing ideas, sharing teasers, and engaging with the audience through various channels like Patreon, YouTube, mailing lists, and Instagram to build excitement and ensure a successful launch.
How does Emily view the outcome if a Kickstarter project fails to reach its goal?
-Emily views a failed Kickstarter project as an opportunity for valuable learning and market research. She encourages creators to understand why the project did not succeed and to use that information to improve and try again in the future.
Outlines
๐จ Launching a Successful Kickstarter Campaign
Emily, an illustrator and enamel pin enthusiast, shares her Kickstarter experience, having successfully raised over 25,000 pounds across five campaigns. She emphasizes the importance of having an engaged audience, regardless of size, that is genuinely interested in the project. Emily advises not to rush into a campaign but to invest time in building a community that cares about the products. She also mentions the significance of knowing the costs associated with manufacturing, shipping, and packaging before launching a campaign.
๐งฎ Understanding the Financials of Kickstarter
The video script discusses the necessity of understanding all financial aspects of a Kickstarter campaign. Emily stresses the importance of knowing the exact costs for manufacturing, shipping, and packaging to avoid underestimating the funding goal. She explains that Kickstarter fees and the all-or-nothing nature of the platform require campaigners to be precise with their financial planning. Additionally, she touches on the concept of incentives, such as discounts and freebies, to encourage backers to support the project.
๐ Offering Incentives and Exclusives for Backers
Incentives play a crucial role in motivating people to back a Kickstarter project. Emily talks about offering freebies, discounts, and early bird specials to attract backers. She also highlights the effectiveness of Kickstarter exclusives, such as unique packaging or limited edition items, which can only be obtained during the campaign. These exclusives not only add value for backers but also foster a sense of community and urgency to support the project.
โฑ Planning the Timing and Duration of the Campaign
Emily outlines the importance of planning the timing and duration of a Kickstarter campaign. She advises submitting the campaign for review well in advance of the intended launch date to avoid delays. Regarding the campaign's end date, she recommends ending at the end of the month to align with people's paydays, making it more likely for backers to pledge. She also shares her experience with different campaign lengths and suggests that a shorter campaign might be more effective for certain projects.
๐ฏ Utilizing Stretch Goals for Project Expansion
Stretch goals are introduced as a flexible and effective way to fund additional products within a Kickstarter campaign. Instead of setting a high initial goal to produce multiple items, campaigners can set a series of stretch goals that unlock as the campaign progresses. This approach allows for the successful funding of multiple products even if the total desired amount is not reached by the campaign's end.
๐ Covering All Budgets and Avoiding Spam Emails
The script emphasizes the importance of creating rewards that cater to different budgets to attract a wider range of backers. It also warns against the temptation to pay for promotional services promising increased backers, which can often be spam and not deliver the promised results. Instead, campaigners should focus on organic growth and genuine engagement with their audience.
๐ The Importance of Spreadsheets in Kickstarter Management
Emily highlights the crucial role of spreadsheets in managing a Kickstarter campaign. They help organize and track backer information, pledges, and shipping details. She shares her personal experience of using color-coded spreadsheets to efficiently manage her backers and ensure smooth fulfillment of rewards.
๐ข Promoting the Kickstarter Campaign
Promotion is key to a Kickstarter campaign's success. Emily advises starting promotional activities weeks or even months before the launch. This includes teasing the project, sharing updates, and engaging with the audience on various platforms. She also stresses the importance of continuous promotion throughout the campaign and leveraging live streaming on platforms like Instagram and YouTube to create excitement and involvement.
๐ Dealing with a Failed Kickstarter Campaign
The video concludes with a discussion on how to handle a Kickstarter campaign that doesn't meet its funding goal. Emily encourages campaigners to view this as a learning opportunity rather than a failure. She suggests reflecting on the experience, gathering feedback, and using the insights to improve and relaunch the project at a later date.
Mindmap
Keywords
๐กKickstarter
๐กEnamel Pins
๐กAudience Engagement
๐กManufacturing Costs
๐กShipping Costs
๐กIncentives
๐กEarly Bird
๐กStretch Goals
๐กBudget Rewards
๐กPromotion
๐กProject Failure
Highlights
Emily, an illustrator and Kickstarter veteran, shares her top 10 tips for a successful campaign.
Having a small but engaged audience is key to a successful Kickstarter campaign.
It's important not to rush into a Kickstarter; take time to build a caring audience first.
Understanding the costs of manufacturing, shipping, and packaging is crucial before launching.
Kickstarter fees and the importance of setting an accurate initial funding goal are discussed.
Offering incentives such as freebies, discounts, and exclusives can boost backer engagement.
The timing of a Kickstarter campaign, including review times and end dates, is crucial for success.
Stretch goals can be an effective way to fund additional products within a campaign.
Creating rewards for different budgets can attract a wider range of backers.
Avoid falling for promotional email scams that promise backers in exchange for payment.
Using spreadsheets to manage backer information and pledges is highly recommended.
Promotion should start weeks or months before the Kickstarter goes live, not just at launch.
If a Kickstarter project fails, it's important to learn from the experience and try again with improvements.
The importance of community involvement and sharing in the success of a Kickstarter campaign.
Early bird discounts can be an effective incentive but may not be the best fit for every campaign.
The benefits of Kickstarter exclusives for backers and how they can drive community engagement.
How the timing of receiving funds after a campaign ends can affect planning for future projects.
Transcripts
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