Some clients pay us over $1,000,000 to run their multi-million-dollar crowdfunding campaigns. For the first time ever, we’re pulling back the curtains and showing you how we do it.
The crowdfunding landscape has evolved dramatically since platforms like Kickstarter and Indiegogo first emerged. (Yep, if you can hear Aladin’s “A Whole New World” menacingly playing in your head, then we’re on the right track.)
Success in the crowdfunding space is no longer solely defined by how much funding you raise but also by factors such as community engagement, innovative marketing strategies, and long-term impact. As we delve into these exemplary campaigns, we’ll uncover the key elements that contributed to their success and the lessons they offer for future crowdfunding endeavors.
Before we explore our featured crowdfunding campaign examples, let’s outline the critical components that often contribute to crowdfunding success. And, hey, if you’re looking for other crowdfunding marketing or checklists, check out the links below:
A successful campaign begins with a narrative that resonates with potential backers. It’s crucial to clearly articulate the problem your product or project solves and why it matters. Your story should not only explain what you’re creating but also why you’re passionate about it and how it will benefit your backers or the wider world.
Never forget that backers make decisions based on emotion, so don’t be afraid to share your story – make ‘em feel it.
Building anticipation before your campaign goes live can significantly impact its success. This involves:
Your campaign page is your pitch to the world. It should be visually appealing, clearly structured, and include:
Trust us, you can make anything look good when you put you’re mind to it. Even if the product you’re corwdfunding for has to do with picking up dog doo-doo.
Offering a range of reward tiers can appeal to different types of backers. As the saying goes, different strokes for different folks. So consider:
Keeping your backers informed and involved throughout the campaign is crucial. True, it’s your brainchild, but as backers they have a hand in making it come to life. And the more included they feel in the creation process, the better. This includes:
Now, let’s explore 15 campaigns that exemplify these elements and more, each offering unique lessons in crowdfunding success.
Platform: Kickstarter
Funds Raised: Over $1,000,000
Backers: 6,627 backers
YASHICA, a brand with 75 years of history in photography, successfully launched their first night vision device through crowdfunding. The company partnered with TCF for several campaigns. Their success stemmed from:
Lesson: Established brands can successfully pivot to new product categories through crowdfunding by balancing their legacy with innovation.
Platform: Kickstarter
Funds Raised: $20,338,986
Backers: 78,471
Pebble Time’s campaign for their color e-paper smartwatch broke records when it launched in 2015. Key success factors included:
Lesson: Building on past successes and maintaining a strong community can lead to explosive growth in subsequent campaigns.
Platform: Kickstarter
Funds Raised: $8,782,571
Backers: 219,382
Alright. Let’s be honest, Exploding Kittens name alone was crazy enough to make backers click to find out more. Fortunately, no cats were harmed in the making on this game. In fact, this card game became one of the most-backed Kickstarter projects ever, thanks to:
Lesson: Sometimes, keeping it simple and injecting humor can create a viral sensation that transcends your initial target audience.
Platform: Kickstarter
Funds Raised: Over $2,000,000
Backers: 5,492
This campaign for an AI-powered, self-moving chessboard became the most funded chess-related project on Kickstarter. Having been BTS of its marketing campaign, we can honestly say we got smarter just learning and interacting with this super product. GoChess success was driven by:
Lesson: For products that seem almost magical, a combination of strategic pre-launch validation, compelling visuals, and targeted marketing can overcome skepticism and drive extraordinary support. Additionally, building on past successes and emphasizing company credibility can significantly boost backer confidence.
Platform: Kickstarter
Funds Raised: $13,285,226
Backers: 62,642
After an initial failed campaign, Coolest Cooler relaunched and became one of Kickstarter’s most funded projects. Success factors included:
Lesson: Failure can be a stepping stone to success if you learn from it and improve your offering.
Platform: Kickstarter
Funds Raised: $11,385,449
Backers: 88,887
While it’s not everybody’s cup of tea or shot of vodka, this campaign was launched with the intent to create an animated series based on a popular Dungeons & Dragons web series. Critical Role showcased:
Lesson: Tapping into an existing community and offering them a new way to engage with content they love can lead to extraordinary support.
Platform: Kickstarter
Funds Raised: $2,437,429
Backers: 9,522
If you’re thinking this contraption looks a bit silly, think again. While not the highest-funded campaign, Oculus Rift’s success led to a $2 billion acquisition by Facebook and helped kickstart the modern VR industry. Key factors included:
Lesson: Sometimes, the true measure of success is the long-term impact and industry change a campaign can spark.
Platform: Indiegogo
Funds Raised: Over $1,300,000
Backers: Not specified
You know how people say you can’t create something out of thin air – turns out you can! (**mind blown**) This campaign was another TCF managed one for a water-from-air dispenser succeeded through:
Lesson: For innovative, high-priced products, transparency, education, and flexible payment options can overcome initial skepticism.
Platform: Kickstarter
Funds Raised: $12,969,608
Backers: 83,193
As a sequel to the popular Gloomhaven board game, Frosthaven’s campaign:
Lesson: When you have a successful product, involving your community in the creation of its successor can lead to even greater success.
Platform: Indiegogo
Funds Raised: $3,561,262
Backers: 12,075
“Ridin’ high in April, [NOT] shot down in May.” Defying the odds, this little fella is a small, capable micro drone succeeded through:
Lesson: Leveraging influencers and tech reviewers can provide credibility and reach for technology products.
Platform: Kickstarter
Funds Raised: $5,702,153
Backers: 91,585
There’s always been that one show you wish they would just keep making more episodes of, right? Come to think of it, why haven’t we tried this. This campaign to revive a canceled TV show demonstrated:
Lesson: Established entertainment properties can turn to crowdfunding to gauge and monetize fan interest in new content.
Platform: Kickstarter
Funds Raised: $12,143,435
Backers: 27,168
Here’s one product that, by its nature, simply couldn’t afford to have anything but impeccable visuals. And so they did! Peak Design’s campaign for a redesigned travel tripod succeeded through:
Lesson: Even in established product categories, significant innovation coupled with clear demonstrations of benefits can drive massive support.
Platform: Kickstarter
Funds Raised: Over $400,000
Backers: Not specified
Another TCF-headed campaign. We were really plugged in on this one (pun intended). The graphene battery-powered charger campaign succeeded through:
Lesson: For tech products, clear demonstrations of superiority over existing solutions, coupled with business developments that enhance credibility, can drive success.
Platform: Kickstarter
Funds Raised: $6,465,690
Backers: 154,926
This thingamabob became a viral sensation due to:
Lesson: Sometimes, simple solutions to common problems, launched at the right time, can capture the public’s imagination.
Platform: Kickstarter
Funds Raised: Over $1,200,000
Backers: 7,294
You just know it’s serious when they say “military grade”. In this case, it also happens to be true. One of several campaigns TCF managed with the night vision brand, DuoVox Ultra monocular product succeeded through:
Lesson: Iterating on previous successes and maintaining authenticity in product demonstrations can drive significant support for specialized tech products.
These 15 crowdfunding campaign examples demonstrate that crowdfunding success is not just about the amount raised, but about building communities, solving real problems, and effectively communicating value. Key takeaways include:
By studying these successful crowdfunding campaign examples, future creators can gain valuable insights into effective strategies for their own crowdfunding endeavors. Remember, each project is unique, and the key is to adapt these lessons to your specific product, audience, and goals.
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