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Funding is All or Nothing
1,000,000
    TOTAL BACKERS (150,000 REPEAT)



    $100,000,000
TOTAL PLEDGED (CURRENTLY $2MIL/WEEK)



          13,000+
SUCCESSFUL PROJECTS (44% SUCCESS RATE)
30%
THE TIPPING
  POINT
Projects that reach at least 30% of
their goal will succeed over 90% of the
                  time.
The single most

IMPORTANT
  thing to know...
Every Kickstarter is

A STORY
THE
PROJECT
 VIDEO
See the video: http://kck.st/qSg0YJ
Don’t be scared.

BE YOU
PROJECT
     REWARDS

  Copy of the thing
Creative experience
       Shared story
$25
   MOST COMMON PLEDGE


          $70
    AVG PLEDGE AMOUNT


          5-7
IDEAL NUMBER OF REWARD TIERS
Would
YOUR FRIENDS
 want your rewards?
The
MONEY
You can always raise
MORE THAN YOUR GOAL
     but never less
$4,500
AVG GOAL OF SUCCESSFUL PROJECT



        $6,100
AVG RAISE OF SUCCESSFUL PROJECT
87 Backers x $70
(avg number of backers)                 (avg pledge amount)



                     =
              $6,100
                 (avg funding amount)
Backers x $70
         (avg pledge amount)



     =
 Your total?
Who are your
BACKERS?
your                your
 your   FRIENDS              PRESS
                     your
FANS              INTERNET




                                     your
                                     MOM
Let your backers know

What’s going on?
Share insight into your

PROCESS
Post updates about

REWARDS
Watch the video: http://kck.st/gv2nN5
Every Kickstarter is

A STORY
CASE STUDY

Technoir
Jeremy Keller
Watch Jeremy’s video: http://kck.st/lPLSITt
REWARDS
Reward Choice Distribution




  7               $39                  82%
REWARDS         AVG PLEDGE         PLEDGED < $40
DURATION
The Funding Graph




Duration = 30 Days
Build momentum with

UPDATES
Jeremy Keller made his story

OUR STORY
Every Kickstarter is

A STORY
Kickstarter presentation at Metatopia

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Kickstarter presentation at Metatopia

Notes de l'éditeur

  1. \n
  2. Kickstarter is a funding platform for Creative Projects.\n\nA Kickstarter Project is something specific and finite, with rewards that benefit both creator - that&amp;#x2019;s you - and backer - those are the people who support your work.\n
  3. \n
  4. An important thing about KSR is that all the funding is all or nothing. So when you start a project, you set how much money you want to raise, and an amount of time to do it in; generally about 30 days or so.\n\nSo you can see in this project, to put on a 24hr performance cycle of waiting for Godot, they have 10 hours to go and are $575 dollars short of their goal. If they had come up short by the time that 10 hours was up, no one is ever charged, everyone just walks away.\n\nIn this case, and in every case like this, they made their goal, backers were charged and the play went on.\n
  5. Kickstarter was launched in April 2009, and since that time we have had some success. To date 1M people have pledged over $100M to 32,000 projects.\n\nWe currently see about $2M pledged per week, and a little less than half of projects launched succeed. Of the million backers 160,000 are repeat backers, and account for about 30% of money pledged.\n
  6. One interesting thing we have seen is that a project that reaches just 30% of its funding goal has historically succeeded over 90% of the time. So once a project has a core audience behind it, it will usually succeed.\n
  7. \n
  8. \n
  9. A great Kickstarter project features a person sharing their ideas, their passion, and their process as the story progresses. This story is told through a few different elements on the KSR project page.\n
  10. This is the first thing that greets you when you land on a Kickstarter project page.\nThe Video does not have to be fancy. Usually it is presented in the first person. We think this is the most effective type of video - The project video connects a person landing on your page to YOU.\n
  11. \n
  12. Some shot with a 5D, Photobooth, even a Cell Phone. It doesn&amp;#x2019;t matter. A person telling your story is what matters. It seems terrifying, but it is essential.\n
  13. Project rewards are a required part of every KSR project, and we always say that rewards should benefit both backer and creator.\n\nThese are the kinds of things people are going to brag about, be excited about; things that they will not be able to resist. For you it is a chance to share your work, and to invite people into your story.\n
  14. \n
  15. When figuring out your reward tiers, ask yourself: Would my friends really want these things? Maybe send your ideas around to some friends you can trust, and see what they say.\n
  16. Something people really sweat over: What should be my funding goal? What is the right amount?\n\n\n
  17. Remember, the funding is all or nothing.\n
  18. The average goal of a successful project on KSR is $4500.\nStatistically, a successful project will raise about 130% of its funding goal.\n
  19. Far and away the most successful funding goal on KSR is in the 1-5K range -- Almost 1/2. 2/3 of successful projects on KSR come in at $10K or below. Those blockbusters I mentioned just a moment ago? Thats these bars over here - you can see the diff.\n
  20. So let&amp;#x2019;s take a look at the typical project.\n
  21. \n
  22. Who are these people?\n
  23. Primarily people you know. Walk through the categories: People who love you (Friends, Family, and Fans), People Who Follow You (Your Facebook, Twitter and Tumblr community). On avg, 70-80% of your $ are going to come from your network.\n\n\n
  24. You care about these people.\n
  25. The two biggest things backers want to know about:\n\n1) Process: Something everyone is really interested in with every project is Whats going on? \n
  26. 2) Rewards -- When&amp;#x2019;s their stuff coming? Sneak peeks!\nEven the most mundane of activities will be important to your backers, because they are now part of your story, and your process (the good, the bad, the ugly). It gives your backer a sense that they really are a part of your story, and that you care about them.\n
  27. \n
  28. Even the act of mailing something is a story.\n
  29. From the abstract to concrete.\n
  30. \n
  31. \n
  32. Jeremy structured his rewards so that every reward level would have access to the game. \n
  33. Increasing amounts would include additional rewards like Player&amp;#x2019;s Guides and protagonists sheets.\n
  34. Other exclusive rewards included t-shirts and custom dice. \n
  35. At the highest levels, Jeremy offered to personally run a game of Technoir for you and your friends (though nobody selected the reward). \n
  36. The low to mid-level rewards were instrumental to Jeremy&amp;#x2019;s success, with $25 and $40 being the most popular. \n
  37. You can choose anything between 1-60 days. We really stress 30 days.\n
  38. When a project first launches, there will be a big jump. This is your friends, family and biggest fans. The instinct is to do the most days possible, but what you are generally doing is extending your trough.\n\nJeremy reached his goal of $2500 in 24-hours. To keep the momentum going, he came up with clever updates and new milestones to encourage support and minimize the &amp;#x201C;slow period.&amp;#x201D;\n
  39. \n
  40. By the third day, Jeremy had more than doubled his goal. He created a new milestone, where if the project reached $10k, he&amp;#x2019;d release an alternative Player&amp;#x2019;s Guide called &amp;#x201C;Mechnoir&amp;#x201D; to everyone who pledged $10 or more. \n
  41. When he blew past $10k, Jeremy offered another alternative Player&amp;#x2019;s Guide for all backers of $10 or more if the project reached $20k. Only this time, backers could choose what the theme of the Player&amp;#x2019;s Guide would be. Backers enthusiastically offered suggestions and voted on the theme. \n
  42. After his project officially ended, Jeremy posted regular progress reports, including photos of the proofs he&amp;#x2019;d received for the book. \n
  43. \n
  44. \n
  45. \n