Recommended
Recommended
More Related Content
What's hot
What's hot (19)
Similar to Wine Wizard, LLC - Crowdfunding Facts & Tips
Similar to Wine Wizard, LLC - Crowdfunding Facts & Tips (20)
Recently uploaded
Recently uploaded (20)
Wine Wizard, LLC - Crowdfunding Facts & Tips
- 1. WINE WIZARD, LLC CROWDFUNDING TIPS Crowdfunding has become all the rage! Follow these tips in preparation of launching your campaign…
- 2. WINE WIZARD, LLC CROWDFUNDING TIPS • 11 Days • Average preparation time needed for a successful campaign • Upload photos • Create a video
- 3. WINE WIZARD, LLC CROWDFUNDING TIPS • Video • Keep the video under 5 minutes • Highlight key aspects of campaign • Tell a compelling story
- 4. WINE WIZARD, LLC CROWDFUNDING TIPS • Campaigns that raise 30% in the first week are more likely to succeed • Have a crowd prior to launch • Start a buzz about your campaign with your crowd • Market to your existing crowd first
- 5. WINE WIZARD, LLC CROWDFUNDING TIPS • When 40% of the amount has been raised – • Visitors stay on your page 35% longer • People are 24% more likely to donate at the 40% mark • Tap into your pre-existing crowd first – family, friends, colleagues
- 6. WINE WIZARD, LLC CROWDFUNDING TIPS • Length of Time • 30 – 35 days is an ideal length of time • Campaigns under 40 days are 6% more likely to succeed than those over 40 days • Teams of 4 people raise double that of campaigns with only one person This Photo by Unknown Author is licensed under CC BY-SA
- 7. WINE WIZARD, LLC CROWDFUNDING TIPS • Offer perks – Campaigns that offer perks raise 143% more funds • Campaign leaders who update their backers raise around 3X more funds • The $25 perk is the most claimed • $100 perk raises the most money and makes up 30% of total amount raised This Photo by Unknown Author is licensed under CC BY-SA-NC
- 8. WINE WIZARD, LLC CROWDFUNDING TIPS • Women are more successful when it comes to crowdfunding efforts • Women tell a better story • Their story resonates better with potential donors • Study done by Berkeley-Haas School of Business This Photo by Unknown Author is licensed under CC BY-NC-ND
- 9. WINE WIZARD, LLC CROWDFUNDING TIPS • Conclusion • Spend time to prepare a quality campaign • Have a network of people in place prior to launch • Utilize Multimedia • Build trust with donors This Photo by Unknown Author is licensed under CC BY-SA
- 10. WINE WIZARD, LLC CROWDFUNDING TIPS Wine Wizard, LLC “Crowdfunding Excellence for the Wine Industry!” "I believe in giving alternate opportunities to people who want to thrive. I believe this should be done responsibly and with trust. Supporting the growth of people is ingrained in me. This is coming from my background as a team building facilitator. Everyone should encourage the growth and development of humankind." - Tony Toto, Founder / President of Wine Wizard, LLC