Crowdfunding Anne Strachan. Crowdfunding Anne Strachan.

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Presentation transcript:

Crowdfunding Anne Strachan

Crowdfunding Anne Strachan

If you had the money ….. You have £10 …. £50 or any amount …. You have £10 …. £50 or any amount …. To give to make a project, a film or any other venture happen ….. To give to make a project, a film or any other venture happen ….. What questions would you ask? What concerns would you have? What would encourage or stop you giving away your money? What questions would you ask? What concerns would you have? What would encourage or stop you giving away your money?

The Power of Crowds community Shares cooperatives online giving crowdfunding

Crowdfunding – within a sustainable funding strategy donorfunderpurchase r consum er askingearning giftsgrantstradin g contract s

Crowdfunding - the basics Register on a platform Work out the rewards Design your pitch Upload a video Access any support Register on a platform Work out the rewards Design your pitch Upload a video Access any support Campaign lasts days Use all your networks Use the forum and updates Campaign lasts days Use all your networks Use the forum and updates If you reach your target you receive the money. Thank donors Complete the project Send out rewards (all or nothing model) If you reach your target you receive the money. Thank donors Complete the project Send out rewards (all or nothing model)

Some crowdfunding platforms

The Campaign strategy

The most common pitfall

Your crowd

It’s not just about the money Tip: it’s not just about the money - it can be a gateway to engagement An opportunity to build community or customer base an invitation to participate in and influence a new venture shared ownership from donation, through reward to celebration Tip: it’s not just about the money - it can be a gateway to engagement An opportunity to build community or customer base an invitation to participate in and influence a new venture shared ownership from donation, through reward to celebration

And finally