Crowdsourcing Checklist For Success

Crowdsourcing Checklist: Noteworthy things to Do

Research

Read about past and present projects on various crowdfunding platforms. Do check if anyone else has run a similar project on the platform you’re considering. This is especially relevant as its performance could be a great indicator of how well your own project is likely to do.

Prepare & Plan Ahead

Planning ahead ensures you are on track and on time. Most of all, make sure that these basic questions are answered:

• Who is my target audience?
• Do I need external resources?
• Is my product financially viable? Can I prototype it easily? Is the technology available?

Prototyping

Use your own money before considering outside funding. Spending your own money on a prototype shows your backers that you are serious about your project. There’s more tips on prototyping in this great article here.

Communication (photos, vlogs, social media)

Have a fun and consistent communication campaign. Be sure to send constant updates about the product, the process, behind the scenes stories and more. Communicating regularly with your backers will only bring you closer to your supporters.

Perks & Incentives

Understanding your audience ensures that these crucial elements don’t get overlooked or misconstrued. As this helpful article explains, this can help you make it big or miss out on a whole lot of potential backers.