See Sally Outlaw speak at Entrepreneur’sWinning Strategies for Business EventJune 19 in Chicago.
Competition is fierce in the crowdfunding space and the pressure is on for new campaigns to grab eyeballs and attention. Crowdfunding expert Sally Outlaw explains some of the basics your campaign will need.
Get the media interested. Outlaw suggests identifying specific outlets or reporters who will be interested in your concept, based on researching their work and their publications. Then she says you should craft custom emails to these journalists explaining why your idea is newsworthy.
Create a must-watch pitch video. The stakes for this video are high -- it must be engaging, informative, and most of all, short -- hooking people within 30 to 60 seconds. Explain what you want and why it’s important and don’t be boring. You want something that someone will want to share.
Offer value. A crowdfunding campaign is a negotiation. You need to give your potential funder a reason to act, to offer something attractive that can’t be acquired anywhere else. Think beyond T-shirts to intangibles like dinner with your company’s founders or exclusive access to your product’s launch party.
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