Kickstarter News
Jun. 13th, 2012 10:36 am![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
ysabetwordsmith.livejournal.com posting in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
crowdfundingHere is some data about successful vs. unsuccessful Kickstarter projects.
Successful projects averaged 38 days while unsuccessful ones averaged 43 days. A short campaign is often better, such as 30 days. If you are raising a lot of money, consider 60 or 90 so you have time to build momentum.
Successful projects averaged $5,487 while unsuccessful projects averaged $16,365. Asking too much is a common reason for failure. Set reasonable goals. It's a good idea to start with small projects -- raising a few hundred dollars is quite doable, and a few thousand possible. Raising $10,000 or more is really hard.
Successful projects averaged 38 days while unsuccessful ones averaged 43 days. A short campaign is often better, such as 30 days. If you are raising a lot of money, consider 60 or 90 so you have time to build momentum.
Successful projects averaged $5,487 while unsuccessful projects averaged $16,365. Asking too much is a common reason for failure. Set reasonable goals. It's a good idea to start with small projects -- raising a few hundred dollars is quite doable, and a few thousand possible. Raising $10,000 or more is really hard.
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