Lessons learned in the middle of a Kickstarter Campaign
By George Kahn
The Jazz & Blues
Revue is now 21 days into our 40-day Kickstarter campaign. We have reached
the half-way mark, and we are basically on track, having raised almost exactly
half of our $18,000 goal.
We are close enough that I am confident we are going to hit
or exceed the mark, and make our album.
I am now starting to finalize plans for the completed project. This is the fun part: scoping out recording
studios that we can use for the album, and interviewing people to do the album
and poster design.
We are not there yet, and the energy needed to make it to
the finish line on July 11 is daunting.
This last week brought some new revelations, as well as some lessons
that you may find helpful in your crowd-funding adventure. Here are the four biggest
"A-Ha"s of this week
1. Keep people involved in the experience
Now that we have over 100 backers, it is important to keep
these people involved and committed to the project. Kickstarter gives you a really simple system to send updates
to your backers, either as a group or individually. Each week I have sent individual thank you messages to new
backers. Now I am also sending out
group emails as I research the studios, and add new "rewards" for
people who support our project. Remember - people aren't just pre-ordering a
product. They are buying an
EXPERIENCE, not just a disc of songs.
2. Keep the web page fresh
This week we added two rewards by special request. One was a way for people outside the US to order our music, and the second was a chance to have the Jazz & Blues Revue sing you a "Happy Birthday" message. People who visited the site requested both of these, so I knew there was a need that I could fill. Adding rewards, or posting more pictures or answers to FAQ's (frequently asked questions) keeps the site fresh, and gives you a reason to tell people to visit again. The master of this idea is Muertos (Dayof the Dead Playing Cards) . Throughout his campaign, Steve Minty kept adding product, photos and videos as they hit new targets. His original goal was to raise $13,000, and in the end he had 2,793 backers and raised over $159,700.
3. Keep people engaged OFF the internet, as
well
Our music (a living history of Jazz & Blues music from
the 1940's to the 21st Century) attracts people of all ages, but honestly, a
lot of our fans are older and not as plugged in to Facebook and the
Internet. This week has been a lot
of outreach into the "physical" world - passing out flyers at
networking events, meeting people for lunch and asking them to participate,
etc. Today we have another house
party where we will play our music and have iPads set up for people that want
to donate. I have also found that
many people love our Kickstarter site, but do not feel comfortable pledging
money on the Internet, even when Amazon.com handles the "back office". So I have set up alternative ways that
people can donate without having to create a Kickstarter log in, or deal with
the Internet at all. We keep a log
of the donations, and a list of their respective rewards. Then one of our band members
"pledges" the money, so it shows in our Kickstarter totals.
4. There is no "Magic Bullet"
Somehow I had the belief that "crowd-funding" and
"viral marketing" meant that I could post a great project, tell a few
key people, and then somehow the Internet would work its magic and suddenly
hundreds of total strangers would be throwing money at us. Guess what? If that sounds like a dream, it is. So far about 10% of the backers have
come from discovering us on Kickstarter.
The rest have come from our databases, our outreach and our hard work. There is no "magic
bullet". Like in any
business proposition, it is whom you know, and knowing when and how to ask for
help. We can dance around the
subject, but in the end we are FUNDRAISING, and it is challenging and rewarding
work.
I still love the Kickstarter platform - it gives credence to
our project. People recognize the
brand and are willing to check it out.
The systems they provide make running the campaign easy. But I can't forget - it is a campaign
and I am running it - it won't run itself.
1 comment:
I think this a brilliant example for all marketing professionals. If you want to sell your product you have to make your audience feel a part of the experience, just as you said. We often read about "engaging" with our customers- it's the latest buzzword in the industry. I have learned as a business owner that "engagement" is enough. What people want in a world where they are inundated with data and options is to have an authentic connection with a product or company- or in your case, the journey as well as the music itself. Your recognition of what your backers want (and specifically asked for) shows them that they are investing in a journey with someone who legitimately wants them to come along and experience it. Knowing your audience and where to find them is key and your personal touches will go a long way toward keeping your backers interested and sharing their experience with others.
Congrats and good luck!
Ken Schmitt
www.turningpointsearch.net
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