What is the perfect day to start a crowdfunding campaign? Wagnerkerstin
PRESENTATION IN GERMAN--- Funding activities of backers in reward-based crowdfunding vary substantially over the time of a campaign. Although the first days of a campaign appear to be crucial for the trajectory of a campaign, to date no quantitative study has assessed the role of the starting day of the week and how timing during the first days affects the success of a crowdfunding campaign. Drawing on a dataset of 492 projects on the Swiss crowdfunding platform 100-days.net, we analyse the underlying dynamics of the first days of a campaign based on backer activities. Our results show that the weekdays Monday and Tuesday prove to be the most favourable days to start a crowdfunding campaign. We further show that specific starting conditions affect the success or failure of a crowdfunding campaign.
What is the perfect day to start a crowdfunding campaign? Wagnerkerstin
PRESENTATION IN GERMAN--- Funding activities of backers in reward-based crowdfunding vary substantially over the time of a campaign. Although the first days of a campaign appear to be crucial for the trajectory of a campaign, to date no quantitative study has assessed the role of the starting day of the week and how timing during the first days affects the success of a crowdfunding campaign. Drawing on a dataset of 492 projects on the Swiss crowdfunding platform 100-days.net, we analyse the underlying dynamics of the first days of a campaign based on backer activities. Our results show that the weekdays Monday and Tuesday prove to be the most favourable days to start a crowdfunding campaign. We further show that specific starting conditions affect the success or failure of a crowdfunding campaign.