Travail Kitchen, a hugely popular Minnesota restaurant, raised $75,000 on the crowdfunding website Kickstarter in less than six hours in 2013. The funding wasn’t for charity, instead to help the restaurant’s owners build a new, larger location. The campaign has raised $255,669 to date from 1,090 donors.
So, what can Minnesota nonprofits and schools learn from this wildly successful fundraising campaign by a for-profit business? Join GiveMN Digital Strategist Jeff Achen and Travail’s Director of Business and Development Megan Leafblad to dissect this campaign and share some of the key takeaways.
3. Agenda
• What is Kickstarter?
• The Travail Kickstarter
campaign story
• Why did it work?
• Takeaways for
nonprofits (and
cautionary tales)
• Q&A
4.
5. What kind of projects are taking place on Kickstarter?
Games | Film & Video | Design | Technology | Music |Publishing | Food |
Art | Fashion | Comics | Theater | Photography | Dance
• All-or-nothing
funding
• Only 44% of
projects have
reached their
funding goal
• Kickstarter does
not allow charity,
cause, or "fund
my life" projects.
6. Q & A with Megan Leafblad
• We see our
work/restaurant as
a creative project
• We have an active
support base who
wanted to be
engaged &
involved in our
success
• This would allow
us to invite our fan
base into the
kitchen & do
business with us
• It was a tangible
project with a
clear outcome
7. Q & A with Megan Leafblad
• We had over
11,000 Facebook
fans who were
already interested
and excited about
Travail
• We used
“rewards” to give
people what they
have always asked
for from us:
cooking
classes, reservatio
ns, etc.
• This was NOT a
donation, but a
transaction
8. Q & A with Megan Leafblad
• We worked with
friends at Fallon, a
well-known ad
agency, who
helped us clearly
articulate our
project and create
a beautiful video
to remind people
who we are, why
they love us, and
invite them to be
apart of the
project
TIP: Use video and well-
written text on your GiveMN
page to articulate your
project, work or mission
9. Q & A with Megan Leafblad
• We started telling
everyone!
• We used our social
media channels
• We held a launch
party in the
parking lot to
generate
excitement about
the campaign
TIP: Utilize online as well as
offline tactics for involving
people
10. Q & A with Megan Leafblad
• We set our
fundraising goal
lower than what
we wanted, but at
a level that would
have a big impact
• We wanted people
to join in and be a
part of something
that was going to
succeed or already
had succeeded
TIP: Set project or fundraising
page goals that are attainable
and will allow you to
celebrate with your donors
11. Q & A with Megan Leafblad
Ask a question:
• Use the chat
feature to the left
of your screen to
type your question
for Megan
• Or, raise your hand
and we can call on
you to unmute
your line and ask
your question
15. Takeaways
• Know your donors/fan base
• Be clear about the project: identify a tangible need and a
clear outcome
• Engage people in the process
• Use the project as a marketing/community engagement
tool: tell your story well, tap the power of brand affinity
• Think in terms of giving your donors a return on
investment. Why should people donate?
16. Takeaways
• Get your board involved
• Keep your campaign short and sweet: typically you see
the giving at the beginning and end of the project, so
don't stretch that middle out too much
• Have a plan for engaging folks each day or every couple of
days in a different way
• Start early to get all of the pieces approved and plan for
how you will fulfill any commitments you make to donors
• Factor in fundraising costs: credit card fees, staff time &
resources.
17. Agenda
Questions?
Announcements
GiveMN.org will be down for website
maintenance on Saturday, March 29
from 11 – 5 p.m.
Attending MCN Technology and Communication
Conference April 10?
Check out our session titled
“Smartphones for Dummies” at 7:30 a.m.
& stop by the GiveMN booth!
Editor's Notes
Crowdfunding has been in the news. When people rally behind a product, a brand or an organization amazing things can happen.Over 5.1 BILLION was raised worldwide by crowdfunding in 2013.Average crowdfunding donation: $88.22