Ldb Ri-scosse_Johan Sala
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Transcript of Ldb Ri-scosse_Johan Sala
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Prepara la teva campanya de crowdfunding: Tips and tricks
Jonàs Sala@verkami
Crowdfunding workshop@verkami
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# crowdfunding?
Creators can now fund their works with the contributions from his Audience in exchange of rewards.
crowdfunding
crowfunding crowfounding
financed by the crowd
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# Kinds
Equity crowdfunding In exchange of shares
No rewardFor NGO’s, not for profit
projects... They’ve already been doing it for a long time
In exchange of rewards ,
experiencesThat’s the one we work with
verkami Love for creativity in esperanto
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# Stats
452 platforms (april 2012)
source: crowdsourcing.org
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# verkami
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# verkami
where we are?
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# Stats
3.700€ raised on average per project
0
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200
3r Tr
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4t Tr
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1r Tr
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2o Tr
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3r Tr
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Successful projects in verkami
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# Historical context
Beats, Punks, Fanzines
* They create without the intervention from the cultural industry
* They produce culture with the support from a small community
DIYCommunities
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# Historical context
* Now they interact and organize on this networks: Blogs, forums, groups, web pages...
Crowdfunding is a natural step:* Now, funding can be provided by the community in exchange of the final product
Internet and the social networks
* Creators are rethinking the creative and production model
* Audience is proactive, seeks to participate and take part of the creative projects they like.Is looking for fair trate, responsible and proximity consumer models.
Change of paradigma?
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# How it works?
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# How it works?
40 days to promote your crowdfunding campaign and raise contributions
13€ 19€
28€ 200€
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# How it works?
All or nothing
All backers contributions are charged and the creator receives the money
No-one is charged, money does not change hands. Starting a project is free
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# Keys for a successful project
1. The goal
35€
total € Aproximate number of backers needed
38€ average contribution (25€ more common)
35€
39.000€1.100 backers
*100 200 true fans, you can fund most of the cultural projects through crowdfunding
* 30 to raise1.000€
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# Long tail
“A creator, such as an artist, musician, photographer, craftsperson, performer, animator, designer, videomaker, or author – in other words, anyone producing works of art – needs to acquire only 1,000 True Fans to make a living.” - Kevin Kelly
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# Long tail
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# Keys for a successful project
2. The rewards
WIN - WIN
You are working directly with your audience, no middle man’s
ExclusiveIt’s a great opportunity to offer extra material that otherwise is usually left in the drawer and forgotten about.
Concerts in your living room, romantic dinner with your favorite singer, being an extra in a movie, a portrait of your girlfriend made by your favorite comic artist
You can offer the same cultural product at the same price of even cheaper than it could be found in shops
Both Creator, raises the money, and Audience, can acquire the same at a fair price, end up winning
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# Keys for a successful project
13€
19€
27€
28€
99€
200€
450€
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# Keys for a successful project
http://pinterest.com/verkami
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# Keys for a successful project
3. The promotion
* Being close and honest
* Use your existing networks and usual communication channels
* Key blogs, forums, actors in your field talking about your campaign* Identify and get support from hubs. Contact friends, colleagues, organizations well connected and followed by your target audience.* Start with your inner circle (true fans), and grow from there
* An online article is much more effective than in printed press/tv.
* Open new profiles in social networks to promote the campaign* Invest a lot of time trying to reach the mass media, televisions... * Traditional marqueting, payed ads...
* Waiting for people to come
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# Community and true fans
If you don’t have it, you can create it.
In order to receive, first you have to give: Start a blog, share your music, help others...
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# Community and true fans
You can reach completely unknown people and audiences by getting viral
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# Community and true fans
www.lageneracionperdida.tv600.000 visits in youtube, with link to the campaign
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# Community and true fans
The audience might be there, byis not following you
You have to find the right channels!
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# BRIGADA, the result
1464 backers (1914 contributions)
34€ average contribution
Most popular contribution:
19€ Signed book
28€ Signed book + paper making off
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# Keys for a successful project
WIN - WIN and exclusivity + interested community + good promotion
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# Some relevant experiences
interesting experiences
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# Sustainable model?
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# Sustainable model?
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# More than just funding
more than just funding
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¡Long life to the mini-patrons revolution!
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# Becoming a crowdfunder
Tell us about your campaignSHORTLY DESCRIBE THE PROJECT YOU WANT TO FUND
WHAT IS THE MONEY FOR? AN OVERALL BUDGET. IS IT THE ONLY SOURCE OF FUNDS OR ARE THERE OTHERS AND WHICH?
IF YOU REACH THE GOAL, WHEN DO YOU PLAN TO FULFILL YOUR PROJECT?
PREVIOUS EXPERIENCE ON CREATIVE/CULTURAL PROJECTS SIMILARS TO THE ONE YOU SUBMIT. PREVIOUS EXPERIENCE IN CROWDFUNDING.
MOST OF THE CONTRIBUTIONS IN A CROWDFUNDING CAMPAIGN ARE COMING FROM PEOPLE THAT THE PROMOTERS OF THE CAMPAIGN CAN INVOLVE. BETWEEN WHICH COMMUNITIES, CONTACTS, CIRCLES... WILL YOU PROMOTE YOUR CAMPAIGN IN ORDER THAT THEY MAKE THEIR CONTRIBUTIONS? WHICH CHANNELS, WEBS AND ACTIONS WILL YOU USE IN ORDER TO INVOLVE THEM? WHICH FRIENDS, CONTACTS, FELLOWS, ASSOCIATIONS... CAN HELP YOU PROMOTE YOUR CAMPAIGN?
PASTE THE LINKS TO YOUR CREATOR'S AND PROJECT PROFILES:FACEBOOK, TWITTER, BLOG, BANDCAMP, VIMEO, MYSPACE...
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# Becoming a crowdfunder
1. SHORTLY DESCRIBE THE PROJECT YOU WANT TO FUND
2. PREVIOUS EXPERIENCE ON CREATIVE/CULTURAL PROJECTS SIMILARS TO THE ONE YOU SUBMIT. PREVIOUS EXPERIENCE IN CROWDFUNDING.
send your proposal!
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# Becoming a crowdfunder
projectsProject --> libro + cd per bambiniAuthor --> Raffaele
Project --> ostello per animaliAuthor -->
Project --> 365 photo libroAuthor --> Carlos
Project --> tovagliette ricamate a manoAuthor --> Name 4
Project --> Vintage photography bookAuthor --> Name 5
Project --> Bass recordAuthor --> Name 5
Project --> MagliettaAuthor --> Name 5
Project --> Adopt a sheep or cowAuthor --> Name 5
Project --> MagliettaAuthor --> Name 5Project --> Maglietta
Author --> Name 5
Project --> Rent a landAuthor --> Name 5
Project --> MagliettaAuthor --> Name 5
Project --> Walking festivalAuthor --> Name 5
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# Becoming a crowdfunder
prepare the campaign
1. Title2. Goal (€)3. Rewards (5 different levels)4. Short description(5. How will your promote it?)
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# Becoming a crowdfunder
A FEW TIPS TO HELP YOU CALCULATE YOUR FUNDING GOAL• Costs of what you want to fund• El 5% for verkami services plus bank fees (1,35%)• Extra costs derived from the rewards (materials, shipping
expenses...)• Make an estimation of how many people you will need to cover
this goal. (The most common pledge level is 25€, and the average is about 35€ for most of the campaigns. Divide the goal by 35€ to have an idea of how many backers you will need).
A FEW TIPS TO HELP YOU SET YOUR REWARDS• Remember win-win• Add thinks that might have symbolic value for your backers (they
are free and add value to the rewards)• Have rewards for every budget, and for all ‘level’ of fans• 5-6 rewards are enough for the experience
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# Becoming a crowdfunder
who will raise the money?