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19 September 2024

Crowdfunding campaign: How to achieve your breakthrough as a decision-maker

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A crowdfunding campaign can be the decisive breakthrough for decision-makers. Many projects start with an idea that arouses enthusiasm. But how does this idea become a successful crowdfunding campaign? The answer lies in a well thought-out strategy, clear communication and an engaged target group. In this article, you will learn how to plan, implement and optimise your own crowdfunding campaign.

The right preparation for your crowdfunding campaign

Before you start your crowdfunding campaign, you should define your goals precisely. What do you want to achieve? Which target group do you want to address? A clear objective helps you to take the right measures. Many successful projects start with a thorough analysis of their own strengths and weaknesses.

A practical example: a team from the sustainable fashion sector is planning a crowdfunding campaign to finance a new product. They analyse the market, research similar campaigns and define their target group. This allows them to respond specifically to the needs of their supporters.

Another example: A start-up in the field of nutrition technology wants to develop an innovative app. They draw up a detailed plan that covers all steps from the idea to implementation. This minimises risks and maximises their chances of success.

A third example: A non-profit organisation is planning a crowdfunding campaign to finance a social project. They define their target group, research successful campaigns and draw up a timetable. This enables them to utilise their resources efficiently and identify potential challenges at an early stage.

Storytelling and emotional appeal

A compelling story is the key to a successful crowdfunding campaign. People invest in stories, not just products. Your campaign should contain a clear, convincing and emotional story that appeals to the target group.

An example: A team from the cultural sector launches a crowdfunding campaign to finance a new theatre play. They tell the story behind the project and show why it is important. In doing so, they create an emotional connection with their supporters.

Another example: a start-up in the field of healthcare technology wants to develop an innovative app. They tell the story behind the project and show how it can improve users' lives. In doing so, they create an emotional connection with their supporters.

A third example: a non-profit organisation launches a crowdfunding campaign to finance a social project. They tell the story behind the project and show why it is important. In doing so, they create an emotional connection with their supporters.

How to strengthen your crowdfunding campaign with storytelling

Use concise introductions and descriptions with the most important points. Use strong verbs and adjectives to emphasise your message. Analyse best practices and successful examples of completed campaigns.

An example: A team from the sustainable fashion sector creates a professional video that tells the story behind the project. They show how the product is made and the values behind it. In doing so, they create trust and enthusiasm.

Another example: A start-up in the field of nutrition technology creates a professional video that tells the story behind the project. They show how the app can improve users' lives. In doing so, they create trust and enthusiasm.

A third example: A non-profit organisation creates a professional video that tells the story behind the project. They show how the project can improve the lives of those affected. In doing so, they create trust and enthusiasm.

Marketing and community building

Without a strong marketing strategy, your crowdfunding campaign will hardly get any attention. Use social media, email marketing and PR measures to promote your campaign. Build a vibrant community that supports your project.

An example: A team from the cultural sector uses social media to promote their crowdfunding campaign. They create a unique hashtag and encourage their supporters to use it. In doing so, they create a strong community.

Another example: A healthcare technology startup uses email marketing to promote their crowdfunding campaign. They send regular updates to their supporters and show genuine gratitude. In doing so, they create a strong community.

A third example: A non-profit organisation uses PR measures to promote its crowdfunding campaign. They work together with influencers and publish press releases. This allows them to create a strong community.

Rewards and consideration

Offer attractive and relevant rewards that motivate your supporters to participate. These can range from simple thank-you gifts to exclusive experiences or products.

For example, a team from the sustainable fashion sector offers exclusive products as a reward. This motivates their supporters to participate.

Another example: a start-up in the field of nutrition technology offers exclusive experiences as a reward. This motivates their supporters to participate.

A third example: A non-profit organisation offers simple thank-you gifts as a reward. This motivates their supporters to participate.

My analysis

A crowdfunding campaign can be the decisive breakthrough for decision-makers. The right preparation, a convincing story and a strong marketing strategy are crucial for success. Many successful projects show that continuous interaction and regular updates are the key to success. Strategic planning minimises risks and maximises the chances of success by using all resources efficiently and identifying potential challenges early on.

As part of iROI coaching, we support projects in establishing crowdfunding campaigns as a key success factor. The most common issues that clients come to us with are uncertainty when analysing target groups, a lack of visibility online and difficulties in building their own community. We provide inspiration and accompany you step by step on the way to a successful crowdfunding campaign.

BEST PRACTICE with one customer (name hidden due to NDA contract) A team from the sustainable fashion sector launched a crowdfunding campaign to finance a new product. They defined their target group, researched successful campaigns and created a timeline. Through a strong marketing strategy and regular updates, they were able to inspire their target group and significantly exceed the funding target. The campaign was supported by professional videos and appealing graphics, which boosted the confidence of supporters.

Further links from the text above:

Successful crowdfunding strategies: tips and examples

Crowdfunding for start-ups: including tips for your campaign

Crowdfunding Campaign: Tips for a Successful ...

Crowdfunding marketing: How to organise your next ...

For more information and if you have any questions, please contact Contact us or read more blog posts on the topic internet Return on Investment - Marketing here.

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#CommunityBuilding #Crowdfunding #Marketing strategy #Storytelling

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