Spreading the word to your family, friends, and others on social media platforms can be an excellent aspect of initiating a crowdfunding campaign.
However, success does not mean that one day you start a campaign and wait for the results; it takes proper marketing to reach the right group of people and motivate them to support. In fact, independent of the crowdfunding platforms being used, such as the popular Kickstarter, Indiegogo, or GoFundMe, among others, the promotion of the crowdfunding campaign is critical in getting visibility, credibility, and, of course, funding.
In this article, I will discuss the most effective tips that you will need to ensure that your crowdfunding campaign reaches everybody.
“While preparing the campaign, it is crucial to determine the target customer base properly. It is essential to know who your target market of backers is so you can adjust your marketing reminders and identify the proper channels. Many factors can be distinguished, including a person’s age, location, interests, and overall behavior on the Internet. Utilize this information to build accurate buyer personas to help formulate the content development, ad placement, and marketing messages. Since you must focus your efforts on the people who are willing and able to support your campaign, you ensure that you make the best out of your marketing, in this case, by targeting the right audience.” suggests Jack Kennedy, Director of Kennedy Digital.
Other times, a story has more impact with people willing to fund and support a campaign with a better story. “I want to point out that specific key messages have specific vital messages that must be conveyed in your campaign: what the project is about and why it needs funding and is worth funding. Always rely on compelling visuals like photographs or videos to tell the story and touch the possible backers’ feelings. Actual graphic performance is essential in capturing the audience’s attention and establishing trust,” says Graham Grieve, Founder of A1 SEO.
When these efforts are done well in a video format, they can be shared far and wide, thus leading to the generation of more funds.
Social networking is the key to the proliferation of your crowdfunding campaign and gaining the attention of many people.
Khashayar Shahnazari, Chief Executive Officer at FinlyWealth, adds, “There is Facebook, Instagram, Twitter, LinkedIn, and TikTok, to name a few, where one can post updates, sneak peek into operations, and even use urgent call-to-action messages. Develop a content calendar to create the right post frequency and interactivity during the campaign. Hashtags are another influential tool; tag the right influencers and engage the followers to share content further. You may also interact with your audience by responding to comments, sending direct messages, and through posts with a comment, ‘like,’ and share options.”
Youssef Hodaigui, Technical SEO Expert at RAIDIUOS The SEO Agency, emphasizes, “Working with influencers and ambassadors is a significant advantage because such people know their audience and will relay your message appropriately. Whenever there is a synergy between influencers and brands, the endorsement adds value and credibility, resulting in targeted traffic and making the campaign more effective. From an SEO point of view, it generates backlinks, which are required for any website to improve search engine rankings, and the referral traffic is also good. Try to motivate them in the form of early bird, free products on purchasing, etc, to support your campaign.”
This approach combines influencer marketing with SEO, which helps reach out to more clients and gain online exposure.
With email marketing, you can inform your audience through constant updates throughout the crowdfunding campaign.
“Create an email list well before the campaign starts and share newsletters, teasers, discounts, and promos with them. Through email communication, ensure you relay the progress made in the campaign, achievements, or new developments related to the campaign and urge the subscribers forward in sharing the campaign information with their circle. The emails’ content should be personal and make the recipients feel directly involved with the project. Mail marketing can serve as a way to encourage the campaign page visitors to visit the site again and finally make a purchase.” says Martin Seeley, Senior Sleep Expert of Sleep Company.
“Email marketing is effective and can keep your audience engaged and informed throughout your crowdfunding campaign. Acquire people’s contact details before you launch the campaign to have subscribers for newsletters, sneak peeks, and special offers. Within the campaign, you should also email to provide updates, achievements, or special notes and ask subscribers to forward the campaign to others. Make the recipients of your emails feel special so that they feel closely related to the success of your project,” says Sumeer Kaur, Founder of Punjabi Suits.
It is common knowledge that a well-crafted deliverable could make prospects revisit the campaign page several times for one or other reasons, which could translate into the needed actions.
Rewards are essential factors that influence people to contribute to your crowdfunding campaign.
“Provide different incentives that can be given out depending on each contribution level to ensure everybody will participate. Promotion can refer to material incentives, including products or services unavailable to the general public, specific designs or limited merchandising, a tour of the company facilities, or a handwritten thank-you note. It is essential to ensure that the rewards provided are appropriate and desirable and should reflect the idea of the particular campaign under consideration. Early bird discounts can also lead to today-only specials, adding that potential backers should support the business immediately. The next thing that needs to be done is to ensure that the value of each reward is expressly explained and how they relate to the project.” says Hajar Nadir, SEO Consultant at The SEO Company OptiLocal.
During the campaign, one should analyze the results and control the indicators to fine-tune the process if necessary.
Gerrid Smith, Chief Marketing Officer at Joy Organics, said, “Take advantage of the crowdfunding platform’s analytics and other applications such as Google Analytics and insights into social networks. It will be advisable to find out which channels and strategies yield the most results and channel more effort in those areas. It’s necessary to be ready to shift the focus if some approaches are ineffective. These, along with interim updates, new content, new goals to aim for, and achievements that have been made, can also keep the audience involved with the campaign and continue using it.”
Marketing the crowdfunding campaign properly is essential so that the campaign can reach a large audience and, therefore, raise the necessary funds. According to the definition of your target niche, having a great story, social media support, influencers, and attractive rewards will create an excellent platform for success.
Before starting the campaign promotion, hype, consistent sending of emails, and post-campaign regular performance evaluation help achieve the target of making the potential backers get interested and contribute towards the campaign’s progress throughout the stipulated time.
However, if you employ a purposeful and systematic approach, crowdfunding can become one of the most effective tools that will help you fund your project.