Do you dream of exploring India, biking across the United States, backpacking Europe, or taking a gap year—but money is a big issue? In this concise book, Blake Boles cuts to the chase, explaining what you need to know and do to run a successful travel fundraising campaign on the website Indiegogo.com.
You'll learn:
- how to evaluate whether you're ready to start a campaign
- why to think of yourself as an entrepreneur, not a charity
- crowdfunding basics, such as setting goals and campaign time limits
- the keys to an effective campaign: the pitch and the perks
- how to choose the best funding model for your campaign
- smart and ethical campaign promotion techniques
Think you can just decide to take a trip, create an Indiegogo campaign, and watch the money pour in? Think again. There's a lot more to it than that—including a lot of hard work. This book will help you summon the resources, persistence, and creativity needed to run a successful campaign and get you traveling as quickly as possible.
Learn more about Unschool Adventures at http://www.unschooladventures.com
Original Title
The Unschool Adventures Guide to Online Travel Fundraising
Do you dream of exploring India, biking across the United States, backpacking Europe, or taking a gap year—but money is a big issue? In this concise book, Blake Boles cuts to the chase, explaining what you need to know and do to run a successful travel fundraising campaign on the website Indiegogo.com.
You'll learn:
- how to evaluate whether you're ready to start a campaign
- why to think of yourself as an entrepreneur, not a charity
- crowdfunding basics, such as setting goals and campaign time limits
- the keys to an effective campaign: the pitch and the perks
- how to choose the best funding model for your campaign
- smart and ethical campaign promotion techniques
Think you can just decide to take a trip, create an Indiegogo campaign, and watch the money pour in? Think again. There's a lot more to it than that—including a lot of hard work. This book will help you summon the resources, persistence, and creativity needed to run a successful campaign and get you traveling as quickly as possible.
Learn more about Unschool Adventures at http://www.unschooladventures.com
Do you dream of exploring India, biking across the United States, backpacking Europe, or taking a gap year—but money is a big issue? In this concise book, Blake Boles cuts to the chase, explaining what you need to know and do to run a successful travel fundraising campaign on the website Indiegogo.com.
You'll learn:
- how to evaluate whether you're ready to start a campaign
- why to think of yourself as an entrepreneur, not a charity
- crowdfunding basics, such as setting goals and campaign time limits
- the keys to an effective campaign: the pitch and the perks
- how to choose the best funding model for your campaign
- smart and ethical campaign promotion techniques
Think you can just decide to take a trip, create an Indiegogo campaign, and watch the money pour in? Think again. There's a lot more to it than that—including a lot of hard work. This book will help you summon the resources, persistence, and creativity needed to run a successful campaign and get you traveling as quickly as possible.
Learn more about Unschool Adventures at http://www.unschooladventures.com
Better Tan College Copyright 2012 by Blake Boles. All rights reserved. Te author invites you to share brief excerpts from this book in critical articles, reviews, and blog posts. Requests to reprint sizable excerpts should be directed to the publisher. Published by Tells Peak Press: www.tellspeak.com All trademarks are the property of their respective owners. Kindle ISBN: 978-0-9860119-3-1 Dedicated to the young, broke, and travel-hungry everywhere. Contents 1. Before You Begin: Q&A Is this guide for me? How much can I raise? What do I owe my contributors? Which crowdfunding website do you suggest I use? Who will fund my campaign? Do I need to be 18 or older? Online fundraising sounds great! Should I use it to fund every awesome trip I dream up? How do I prepare for a campaign? Whats Unschool Adventures? 2. Whats Worth Raising Money For? 3. Earn More, Spend Less Earn More for Travel Spend Less on Travel 4. Crowdfunding Basics A Short History of Crowdfunding My Crowdfunding Projects Te Psychology of Crowdfunding Getting Started on Indiegogo 1 6 12 18 5. Smart Campaign Design How Crowdfunding Is Diferent for Travel Perks: Te Cake and the Frosting Perk Case Studies More Perk Advice Flexible or Fixed Funding? Choosing Your Campaign Length Choosing Your Fundraising Goal Creating the Pitch 6. Campaign Case Studies 7. Smart Campaign Promotion Welcome to Your New Part-Time Job Ethical Campaign Promotion Unethical Campaign Promotion Te Power of Connections and the Halfway Mark A Few Other Promotional Tools After the Campaign 8. The Real Payoff 9. Further Reading 10. Gratitude 11. About the Author 26 43 48 56 58 59 60 Before You Begin: Q&A 1. Before You Begin: Q&A 2 Before You Begin: Q&A Is this guide for me? If you have a big dream to explore the world, insufcient funds to do so, and the courage to fnd a creative solution to this problem, then this book is for you. Want to backpack across Europe for two months? Take a full-blown gap year? Join a summer camp on the other side of the country? Attend an in-depth training program or educational program? I can help you get there. Te Unschool Adventures Guide to Online Travel Fundraising is focused on younger travelersthose in their early teens to early twentiesbecause they typically have the least money and the most opportunity for extended travel. But travelers of all ages will beneft from the fundraising advice found within this book. How much can I raise? Te travel campaigns that Ive helped build have successfully raised $1,200$4,800. But for a well-run campaign, there is literally no limit to how much you might raise. Tat being said, fundraising is not easy and shouldnt be attempted lightly. Here are the general challenge levels to expect: $500$1,000 goal: Less Challenging $1,000$3,000 goal: Challenging $3,000$5,000 goal: Very Challenging $5,000$10,000 goal: Extremely Challenging Before You Begin: Q&A 3 What do I owe my contributors? Te type of fundraising promoted in this book is not charitable giving, where you simply ask people for donations. Instead, its a specifc type of fundraising called crowdfunding, in which you design and ofer perks in exchange for every contribution. Te best perks make use of your unique talents. Which crowdfunding website do you suggest I use? Tis book focuses on Indiegogo, one of the original crowdfunding websites and the one friendliest to travel-oriented campaigns. Who will fund my campaign? Know this now: there is no army of anonymous philanthropic donors waiting for you on the Internet! In other words, just because you create an online fundraising campaign, dont expect random strangers to donate to it. Maybe they will once or twice, but never consistently. So who will contribute to your campaign? Your frst and best donors will be the people who typically support you in other realms of life: your immediate family, extended family, family friends, and personal friends. Te next donors will come from your face-to-face communities: your educational circle, workplace, sports team, drama group, or place of worship. Your online communitiesFacebook friends, Twitter followers, blog readerswill also contribute. Finally, youll receive donations from people who dont know you personally but who heard about you through the grapevine: the six degrees of separation phenomenon. Having more social connections, especially face-to-face connections, will drastically improve your chances of fundraising success. Before You Begin: Q&A 4 Do I need to be 18 or older? You may run an online fundraising campaign at any age. You will need access to a PayPal account (and possibly a checking account) in order to collect your funds. For minors, a parent typically provides these accounts. Online fundraising sounds great! Should I use it to fund every awesome trip I dream up? No! Launching back-to-back campaigns, especially for trips that you could conceivably fund yourself, will quickly alienate potential contributors. Online fundraising is not about seeking handouts for every goal in life. Instead, its about exercising your creative and entrepreneurial muscles to seize a big, life- changing travel opportunity that you clearly cannot aford on your own. How do I prepare for a campaign? Work hard toward your travel goal in whatever way you can. Did you work and save for months before starting this campaign? Conduct hundreds of hours of background research? Study a language intensely? Tese are the kinds of committed actions that will earn you sympathy and generate a lot of energy for your campaign. Did you just think up this trip yesterday? Have you not yet researched the important facts and costs behind the trip? Are you not really committed to going? Ten its not time to run a fundraiser. Crowdfunding is a powerful tool that should be used sparingly. Before You Begin: Q&A 5 Whats Unschool Adventures? Im glad you asked! Unschool Adventures (http://www.unschooladventures.com) is my travel and education company. Since 2008, Ive been organizing and leading adventures for groups of self-directed young adults. Sometimes our programs go internationallyto Argentina or Australia, for exampleand sometimes we stay in the United States for writing retreats and leadership programs. In my time running Unschool Adventures, I often hear young people say, Blake, Id love to go on a big trip, but I just cant aford it. Tis book is my answer to that eternal roadblock. Now, lets get started. Youve got places to go. Whats Worth Raising Money For? 2. Whats Worth Raising Money For? 7 Whats Worth Raising Money For? When I was 14, a vicious insect attacked me. It sunk its long fangs into my skin, injected its venom, and hasnt let go since. Im describing, of course, the travel bug. If youre reading this book, youve probably been bit by a travel bug too. And if this bug refused to let go, then like me, you think about travel all the time. At age 14, I traveled to Chile for a monthlong summer homestay. My dad, a longtime traveler and Spanish-speaker himself, suggested the idea, and I leapt for it. Having taken only one Spanish class in my life, I later realized that I was the youngest and most inexperienced Spanish-speaker of this multi-age high school group. Que sorpresa! Our group few to Santiago, took a bus south to Rancagua, and then split up to join individual homestay families. Over the following month I had little contact with my English-speaking group members. My host family graciously engaged me in long, awkward conversations in which I spent half the time looking at the ceiling, snapping my fngers, and muttering as I attempted to remember a certain adjective or verb conjugation. During dinner one night, I asked my host mother to pass me the avocado, which in my Spanglish came out as abogado, which means lawyer in actual Spanish. Pass the salt, pepper, and lawyer, would you mother? On my second night, my host brother, age 15, took me out to the local high school gym for a punk music show. (Te bands name: Los Tetas. Ill let you translate that one.) Rancagua, a medium-sized city with no signifcant tourist attractions, didnt get many North American visitors, so I became an instant celebrity. One girl immediately claimed me as her boyfriend. Behind the blasting speakers of Los Tetas, I heard her name as Varvala, which struck me as very exotic. It took me a week of being her boyfriend (read: boy-toy) to discover that her name was actually Barbara (much less exotic), a mistake that introduced me to the nuances of Chilean dialect. Whats Worth Raising Money For? 8 My homestay continued with such memorable trials and errors. In Latin America, many young people start drinking alcohol at age 13. Tus, my host brother and his friends inevitably introduced me to pisco, the cheapest and most abundant liquor in Chile. One night of passing the bottle and clutching the toilet gave me a strong lesson in the stupidity of drinking to excessand a memory that I cherish to this day. At the end of the month, I said adios to my host family with much-improved Spanish and joined the other U.S. group members for a week of snowboarding in the mountain town of Chilln. I remember carving frst tracks down a steep groomed trail, CD player blasting tunes through my headphones (yes, a CD playerIm old), with a panorama of the snow-covered Andes flling my vision. Tis outdoor adventure iced the cake of an already incredible monthlong learning and growing experience. I returned home feeling truly blessedand ready for the next adventure. Would I be the same person I am today were it not for Chile? I doubt it.
Chile was a trip worth raising money for. Blake and Varvala Whats Worth Raising Money For? 9 When I started college, I worked part-time to pay for short trips to Mexico and Canada, plus a few weekend backpacking trips. At age 19, my closest friend from high school called me and asked if I wanted to go to Europe for fve weeks. He and two other friends had been planning a way for all of us to travel together, and the upcoming summer was virtually the only opportunity. Te cost: $3,000. I worked to cover $1,500 of the trip myself, and my family contributed the other $1,500. Tat summer we visited eight Western European countries, hopping Eurail trains from city to city, sleeping at cheap hostels, visiting too many art museums, and forming temporary partnerships with other backpackers. I played Frisbee in the Swiss Alps, bargained for a seaside apartment rental on the Italian Riviera, and freestyle walked in front of every major European monument. Its difcult to describe the sense of joy, empowerment, and adventure that I brought home with me from Europe. If youve undertaken a voyage of similar magnitude, you probably know what it feels like. Was Europe a trip worth raising money for? Unquestionably. - - - Freestyle Walking in Paris Whats Worth Raising Money For? 10 Travel can change your life. But travel can be expensive. My Chile and Europe trips changed my life. And like many people, I relied upon my family and minimum-wage work to fund these adventures. (Later at age 23, when I enjoyed more earning power, I was able to fully pay my own way for a three-month trip through South America.) But fortune does not always work in our favor. What if my father, a small business owner, had been weathering a downturn when I was 14 and hadnt been able to send me to Chile? I would have been in the exact same position to beneft from that experience but would have lacked the opportunity. Te same goes for Europe at 19. You may be familiar with the feeling of working hard for months or years to save for a big trip. Tis is an invaluable part of the travel process, and one that makes the reward all the sweeter. But you may also know what it feels like to work hard toward a travel goal and remain utterly distant from it. Tis scenario is most prevalent among young adults ages 16 to 23, those with the lowest wage-earning power yet the most freedom to travel. Tink, for instance, of the 19-year-old working long hours in a climbing gym or the underemployed recent college graduate making ends meet as a barista. For the broke and travel-hungry, there are three options. 1. Travel more cheaply. Head to Central America instead of Europe; go for one month instead of two; use your parents old backpack instead of buying the glimmering new one in the outdoors store.
2. Figure out how to quickly boost your earning power (or save more of what you already earn) in order to aford a trip. 3. Dont travel yet. Postpone your plans until an unknown future date. I think everyone should learn how to do numbers one and two. (Well discuss these tactics in the Earn More, Spend Less section.) But not everyone should defer their travel dreams, because sometimes there are golden opportunities that deserve to be seized. Whats Worth Raising Money For? 11 Such an opportunity may be the gap year that you take between high school and college: your one big chance to see the world before another four, six, or eight years of school. Or perhaps its a trip that you and your two close friends fnally have the chance to take together. Or its when a rare educational opportunity suddenly appears, such as a multi-month apprenticeship with your favorite artist on the other side of the country. Imagine that youre 19, youve been studying French for years, and then an organized trip to France appears. Its destined for all the major cities that youve dreamed of visiting, and the maximum age for participation is 19. Despite working part-time jobs for the past few years, youre a thousand dollars shy of the required program fee. What if youre 16 or 23 and youre dying to see the world, but your life is flled with obligations to family, school, or a signifcant other? Suddenly, a door opens, and you fnally have a chance to get away. But your savings wont cut it, and that door wont open again for a very long time. In moments like these, if you wait, you lose. Tis is when life demands a fast and creative fundraising solution. Fundraising is not a silver bullet. Just like a job or entrepreneurial venture, fundraising demands time, focus, and dedication. If you fundraise too often, for a frivolous cause, or for something that could reasonably provide for yourself, youll fail to meet your goals and youll alienate your supporters. But you shouldnt think of fundraising as the domain of mooches and freeloaders, either. Your friends, family, and community members know an important opportunity when they see one. And when they observe that youve been working toward your big travel goal, theyll be happy to help. Not only will they enjoy the perks that they receive in exchange for their contributions, theyll appreciate living vicariously through your adventure. Tis is the power of online fundraising: it allows you to bridge the gap between your funds and your dreams and seize a big, meaningful opportunity. What Chile and Europe did for me, I hope that your travels will do for you. Earn More, Spend Less 3. Earn More, Spend Less 13 Earn More, Spend Less Before planning a fundraiser, every traveler should ask himself or herself these two questions: 1. Can I spend less money on this trip than I currently think I need? 2. Can I earn and save this money, on my own, within the time available to me? If, by answering these questions, you can balance your savings and expenditures, fantastic! You have no need for fundraising. Your life will be simpler. If you answer no to these questions, then its time for fundraising. But that doesnt mean you should forget about cutting costs or working toward your trip. A successful fundraising campaign always begins with demonstrating that you have minimized the amount of money that youre trying to raise. Below, I briefy outline the many traditional and nontraditional ways for a young adult to earn more, save more, and spend less on travel. Even if these approaches dont bring you signifcantly closer to your goal, theyll earn you sympathy from campaign contributors. Earn More for Travel Traditional Tactics Lets begin with the obvious: get a job. But dont waste all your time job hunting, a.k.a. browsing Craigslist or handing out rsums to anyone who makes eye contact with you. If a thorough search doesnt reveal a decent job in your area (a defnite possibility), move on to other tactics. If a family member or friend owns a business, ask if theres any way you can help out. If the answer is no, ask if they know any other business owners that might need your help. Earn More, Spend Less 14 Perform basic 1950s-era services for neighbors and community members: clean houses, babysit, rake yards, etc. Trow an event such as a yard sale, bake sale, car wash, live music event, talent show, spaghetti dinner, silent auction, or bingo game. Ask your friends and family to help organize and run it. Advertise the fact that all profts go toward your trip. If your trip has a charitable or philanthropic purpose, ask local businesses about sponsorship opportunities. Research the Rotary foundation scholarship. Trough Rotary, a former Unschool Adventures student, Dani, did a ten-month homestay in Belgium at age 16 for just a few thousand dollars, including fights and all expenses. Entrepreneurial Tactics If youre a crafter or artist, sell your work on Etsy.com. If you can think up witty phrases or do basic graphic design, create and sell t-shirts through sites like Cafepress.com, Zazzle.com or Skreened.com. Sell popsicles or another basic food item at a conference or other large community gathering. Ask permission from the organizer frst. (I witnessed teenagers earning $200+ per day doing this.) Design a website, blog, Facebook page, logo, or other basic technological asset for someone who sorely lacks one. Tutor local school students in an academic subject. Advertise and conduct lessons in your local library. Buy and resell an inexpensive item. Sometimes you can work with a company, like Krispy Kreme donuts, which will provide you with discounted products that you may then resell at regular price. Other times, youll need to fnd or create your own resale item. For example, order rubber wrist bands imprinted with the inspirational message, I helped send Blake to Uzbekistan! for $0.25 each, and then resell them for $1. Earn More, Spend Less 15 Ofer to sell and ship your familys unwanted stuf on eBay or Craigslist. Ask for 50% of the net profts. Busk. For all of the above tactics, be sure to highlight your travel goals when pitching yourself. Tactics for Saving What You Earn If you have a job, get your paycheck directly deposited into your checking account. Ten open a savings account and automatically transfer 20% of your paycheck from checking to savings every payday. If you never see the money in your checking account in the frst place, youll miss it less. While saving for your trip, live with your parents to save money on rent. Eat rice and beans. Say no to friends asking you to join expensive evening activities and yes to library books and Netfix movies. Ask your friends which three things you spend money most frivolously on. (Dont just ask yourself, because it probably wont seem frivolous.) Energy drinks? Music shows? Shoes? Compare the cost of these items to one days living expenses in the place where youd like to travel. Spend Less on Travel Get clear about your travel goals. Do you really want to go to Italy, or do you want to go somewhere romantic with good food, and Italy just happened to be your frst thought? Spend an hour fipping through travel guidebooks in a bookstore and then ask yourself what other, cheaper destinations might fulfll the same goals. Use airline miles to pay for fights whenever possible. If you dont have any, ofer to pay your parents or friends to use them for you at a rate that would still leave you with a discounted ticket. Earn More, Spend Less 16 Sign up for one of the many credit card promotions that ofers tens of thousands of miles just for enrolling. Just one of these promotions can earn you a round- trip plane ticket within North America. Save money on travel within the United States with ridesharing. Search your local Craigslist.org rideshare board. Remember the basic tenets of budget travel: Avoid peak season. Sleep in hostels or campgrounds, not hotels. Eat primarily from grocery stores instead of restaurants. Travel on the slow bus instead of the bullet train. Wait for the free museum day. Read, write, hike, converse, play cards, or toss a Frisbee instead of taking expensive tours, bungee jumping, or doing any of the hundreds of other activities designed specifcally to suck tourists money from their pockets. Read Vagabonding by Rolf Potts. Get a smaller backpack. It will force you to take (and purchase) less junk. Volunteer or intern while traveling. Use the following sites to fnd excellent opportunities: HelpX.net, Workaway.info, WWOOF.org, and Idealist.org. Work while traveling. Due to the trouble of obtaining a visa, work opportunities tend to be temporary gigs in the service industry (e.g., hostels and restaurants) that are paid under the table. Planning ahead isnt useful for such opportunities; simply show up and see whats available. Prepare to stick around one place for a month (and ideally multiple months) for your best chances of employment. You might be able to fulfll your travel urge by getting a job that involves travel or the outdoors, like those in summer camps, National Parks, farms, or cruise ships. Search for opportunities on these sites: Coolworks.com, Backdoorjobs. com, OutdoorEd.com, AllCruiseJobs.com, and GoodFoodJobs.com. Teach English abroad. Emerging economies are hungry for native English speakers, so hungry that theyll pay for your fights, room, and board, and give you a stipend if you commit to teach for up to a year. Visit ESLcafe.com to browse a seemingly endless number of job postings. Stay away from the ones that demand a big fee. Earn More, Spend Less 17 Ask your friends, family, and community members if they know someone who lives in your destination and who would be willing to put you up for a few nights (or weeks!). Meet interesting locals and spend almost nothing on lodging with Couchsurfng. org or Servas.org. Crowdfunding Basics 4. Crowdfunding Basics 19 Crowdfunding Basics Before jumping into the mechanics of a crowdfunding campaign, lets address a few important questions. Where did crowdfunding begin? What was it designed for? What are its benefts beyond the obvious monetary aspect? Ten Ill then introduce you to Indiegogo, the best platform for online travel fundraising. A Short History of Crowdfunding Crowdfunding emerged at the turn of the twenty-frst century as a tool for bands who wanted to produce an album but couldnt get signed by a major record label. Instead of waiting to get signed, these artists solicited small contributions from their fans in order to independently produce a professional-quality album. Te frst music-focused crowdfunding website, ArtistShare.com, launched in 2001. Crowdfunding then crept into flm, another industry in which small producers are beset by high entry costs. Indiegogo launched in 2008 at the Sundance Film Festival as a platform for independent flmmakers. When Kickstarter launched in 2009, crowdfunding took of. Soon, Kickstarter and Indiegogo became to the two largest crowdfunding platforms, followed closely by a host of imitators. Crowdfunding became a platform for artists of all stripes to fund and launch new projects, whether in visual art, comics, dance, design, fashion, flm and video, food, gaming, music, photography, theatre, websites, or writing. In 2012, technology gadget designers set the bar for the most highly funded crowdfunding projects, raising $10 million for a programmable digital watch (Pebble) and $8.5 million for a new game console (Ouya). Video game projects started raising multimillion dollar sums as well, kicked of by the $3.3 million success of Double Fine Adventure. While Kickstarter was grabbing the glory for these highly funded projects, Indiegogo quietly started gathering steam in a diferent sector: cause campaigns, such as those oriented around animals, community, education, environment, health, politics, and religion. Crowdfunding Basics 20 Te two companies also took widely divergent paths in regard to campaign submissions. Kickstarter opted to pick and choose between campaigns in order to cultivate a certain look, feel, and professionalism. Indiegogo accepted almost any project that fell within their (very broad) guidelines. My Crowdfunding Projects I took the leap into crowdfunding in May 2011 when I wanted to turn my blog, Zero Tuition College, into a social network. I frst pitched the idea to Kickstarter and they turned me down. Tat led me to Indiegogo, where I launched my frst campaign (http://www.indiegogo.com/Zero-Tuition-College). By ofering t-shirts, beta-testing privileges, book packs, and personal coaching, I raised $2,370, $370 beyond my initial goal. Eight months later I was at it again, turning Zero Tuition College into a full- fedged book. I pitched Kickstarter, and again they werent interested. Teir loss! Te Indiegogo campaign for my book, Better Tan College, raised $9,200 ($1,700 beyond its goal), providing me with the startup capital necessary to professionally edit, design, and independently publish my manuscript (http://www.indiegogo. com/btc). While working on these projects, I was also directing my travel and educational company, Unschool Adventures. Whenever I spoke at conferences or camps, many young people and their parents asked me how to aford a big international trip or educational program. In response, I wrote a blog post about crowdfunding for travel, projects, and education. Taking my advice, four teenagers then launched campaigns that raised between $1,200 and $4,800, earning them passage to foreign countries or summer camps. While I was overjoyed that young people were successfully raising money to travel the world, I also noticed they tended to fall into a few traps. Tat led me to write this book and (you guessed it!) launch an Indiegogo campaign to help publish it (http://www.indiegogo.com/go-travel-more). Tis fnal campaign raised $1,634 of its $1,500 goal. Crowdfunding Basics 21 The Psychology of Crowdfunding Te obvious beneft of crowdfunding is that it helps you do something that you cannot aford on your own, like produce a record, publish a book, or travel abroad. But just as importantly, crowdfunding helps you commit to something big, whether that is making music, writing, or traveling. Many crowdfunding campaigns are essentially pre-sales. Just like when you preorder a book on Amazon.com, a crowdfunding backer is paying you for a perk (e.g., a book, album, photograph) that you havent yet produced. When I launched the campaign for Better Tan College, all I had was a manuscript on Microsoft Wordno cover art, no professional editing, and no ISBN. But as soon as I accepted my frst campaign contribution, I realized: Im bound to this project now, and I have to see it through to the end. Tis is the psychological beneft of crowdfunding. By preselling the results of your future or unfnished project, you commit yourself to actually completing that project. Consider crowdfunding a form of self-inficted, positive peer pressure. It works because when you dont complete your project, you arent just letting yourself down. Youre letting down the backers who have given you their money and trust. Of course, the psychological tactic of getting someone to commit to a project by accepting money before its completed has been long-employed by book publishers and record labels, to name only two industries. Writers sign book deals, musicians sign record deals, and each receives an advance against future earnings. If they dont turn in their manuscripts or songs on time (or the work is not of expected quality), then the publishing company can simply revoke their advances. Te big diference between a book or record deal and a crowdfunding campaign is enforceability. If you dont send out your crowdfunding perks on time (or theyre not of the quality you promised), contributors dont have an easy way to get their money back. Teyre not a large corporation with a legal department; theyre individual people with $25 or $100 to contribute to a starving artist or budding traveler. Indiegogo and Kickstarter dont have an enforcement team that will kick down your door if you fail to deliver your perks. Crowdfunding Basics 22 Te issue here is trust. Dont lose the trust of the friends, family, and community members who supported your campaign by not following through on what you said youd do. Tink hard before you launch a campaign, ofering only promises and perks that you can deliver. Tats when the psychology of crowdfunding will work positively for you. Getting Started on Indiegogo At this point, our focus shifts to Indiegogo. Why? Because Kickstarter does not allow travel or other cause campaignsonly creative projects. Tats okay: Indiegogo ofers a powerful platform for travel fundraising, even if it lacks the household name and polished look of Kickstarter. To begin, visit Indiegogo.com and browse a few campaigns. Youll notice that each shares the following features: a specifc fundraising goal a specifc time limit (not visible on completed campaigns) a choice of two funding models, Flexible Funding or Fixed Funding space for a text description and a prominent photo or video a list of available perks and their costs social-media sharing tools Goal and Time Limit Upon launching, every campaign must designate a fundraising goal and time limit. Te goal may be almost any amount of money. Te time limit may be up to 60 or 120 days, depending on your funding model. Indiegogo makes it difcult to change your goal or time limit after launching, but if you write the support department directly, they sometimes make exceptions. Crowdfunding Basics 23 Funding Model Indiegogo ofers a choice of two funding models: Flexible Funding and Fixed Funding. When you choose the Fixed Funding model, youre electing to use a Kickstarter- style, all-or-nothing fundraising campaign. Tat means that when you receive a contribution, Indiegogo will hold onto it for you and only release the funds to you at the end of the campaign if you successfully meet your goal. If, on the other hand your campaign fails to reach its goal, all contributions will be refunded and you wont be required to deliver any perks. With Flexible Fundingthe more popular model on Indiegogoyou get to keep all the funds you raise, whether or not you reach your goal. When someone contributes to your campaign, youre guaranteed to receive the money and youre obliged to provide the perk associated with that contribution. (Tere are signifcant advantages and disadvantages to each model for travel campaigners, which well discuss in the Smart Campaign Design section.) Fees As of late 2012, Indiegogo charges a 4% fee on funds raised for all Fixed Funding and Flexible Funding campaigns that successfully met their goals. For Flexible Funding campaigns that fail to meet their goals, Indiegogo charges 9%. To illustrate: If you ran a Fixed Funding (all-or-nothing) campaign with a $1,000 goal and raised $1,000, you would pay $40 (4% of $1,000) to Indiegogo in fees. If you ran a Fixed Funding (all-or-nothing) campaign with a $1,000 goal and raised $500, you would pay nothing in fees, because all of the contributions would be canceled. If you ran a Flexible Funding (keep-what-you-raise) campaign with a $1,000 goal and raised $1,000, you would pay $40 to Indiegogo in fees. Crowdfunding Basics 24 If you ran a Flexible Funding (keep-what-you-raise) campaign with a $1000 goal and raised $500, you would pay $45 (9% of $500) to Indiegogo in fees. In addition to Indiegogos fees, youll pay roughly 3% in bank fees, either as credit card processing or PayPal fees. (Tese are standard rates for such transactions, not some exploitative fee on Indiegogos part.) Add all these fees together, and you end up with: a 7% total fee for any campaign that meets its goal a 12% total fee for a Flexible Funding campaign that doesnt meet its goal Exceeding Your Goal If your campaign meets its fundraising goal before your deadline, the party isnt over: people can continue contributing until the time limit is reached. Tere is no upper limit on how much money any campaign can raise. A wildly successful Indiegogo campaign entitled Lets Build a Goddamn Tesla Museum (http://www. indiegogo.com/teslamuseum) raised $520,461 more than its $850,000 goal, leaving it with a whopping $1,370,461. (Tat left Indiegogo with a cool $54,818 feenot a bad business model!) Perks Perks are the bread and butter of a crowdfunding campaign. When you design your campaign, you get to custom-design up to 12 perks and designate each of their prices. Contributors select a single perk in exchange for their contribution. As with your overall fundraising goal, people may contribute more than is necessary for a specifc perk. If, for example, youre ofering a $20 perk through your campaign, its possible for someone to contribute $30 for that perk, leaving you with $10 of philanthropic gravy. Contributors also have the option of giving you money without selecting a perk, providing an easy path for those who simply want to donate to you and not fuss with any perks. Crowdfunding Basics 25 Can I Start Now? Okay, youve learned the basics! Now youre ready to whip up a campaign and start making your millions, right? Wrong. Too many people take exactly this approach. Tey browse a few campaigns, read the basic rules, and then launch an ugly, unedited, and unpolished monster. Instead, lets discuss the essentials of smart campaign design, starting with the important diferences between travel fundraisers and other crowdfunding campaigns. Smart Campaign Design 5. Smart Campaign Design 27 Smart Campaign Design How Crowdfunding Is Different for Travel Spend an hour browsing campaigns on Indiegogo, and youll notice two types of campaigns. First, there are what I call entrepreneurial campaigns, those that fund movies, music, gadgets, games, and other creative projects. For perks, these campaigns usually ofer a copy of the fnal product (the movie, album, gadget, or game), access to special versions of the product, behind-the-scenes peeks, and opportunities to meet the creators in person. Second, there are the charitable campaigns, those that raise money for disaster relief, sudden hospital bills, environmental projects, and other causes. Tese campaigns typically ofer perks that are more symbolic, like a thank-you letter or a t-shirt. Somewhere among these lands of entrepreneurship and charity, lives you, the travel fundraiser. Travel fundraising is sort of like entrepreneurship. Youre trying to raise a specifc amount of money to undertake a big project, and youre ofering perks in exchange for contributions. But travel fundraising is also like charity, because unlike a movie/album/gadget/ game, the outcome of your campaign isnt a concrete product. Its an experience. And asking someone to fund your travel experience is awfully close to asking them to fund a cause: the cause of youth travel, or just the cause of you. But if youre traveling for personal gainlike most travelers dothen remember that your life and travel plans dont constitute a charitable cause. Tis is especially true if you come from a comfortable middle- or upper-class background. Sympathetic friends and family will almost always donate to your campaign, simply because they like you. But unless youre purposefully combining your travel with a true charitable cause (Help me rehabilitate baby turtles in Costa Rica!), dont Smart Campaign Design 28 run your fundraiser like a charity campaign. If I dont know you, Im not going to give you $50 to travel to France just because you ask nicely. Instead, make me a deal. Ofer me a unique, compelling, useful, and meaningful perk in exchange for my donation. In other words, act like an entrepreneur. Tis is the biggest challenge of travel fundraising: to make your campaign as entrepreneurial as possible. And the core of this challenge lies in creating smart perks. Perks: The Cake and the Frosting On Indiegogo, common perks that youll see on travel campaigns include $15 thank-you postcards, $30 t-shirts, and $100 Youre So Awesome! shout-outs. Such symbolic perks may entertain friends and family, but to a stranger, theyre fuf. Tey should not compose the bulk of your crowdfunding campaign. To avoid this common trap, I advise you to think of perks in two layers: the cake and the frosting. Te foundation of what you oferthe cakeshould consist of valuable perks that utilize your talents. Tese perks answer the question, What would someone who doesnt know me pay me for? Can you illustrate? Trow pottery? Edit essays? Build websites? Each of these skills can be employed to create a potential perk. For example, for $100, you could ofer to custom-design a blog site. For $300, you could ofer to tutor someone in music theory over Skype. For $50, you could craft a purse made from recycled plastic bags. Common entrepreneurial perks for travel campaigns include: handcrafts and artwork ($5$30) homemade food that can be mailed, like cookies or chocolates ($10$50) souvenirs brought back from your destination ($30$50) Smart Campaign Design 29 digital or DVD copies of an informative video that you produce while traveling (providing an introduction to the country, for example) ($20$50) personalized instruction, coaching, or mentoring that you can provide via phone, Skype, or in person ($50$500+, depending upon the challenge and commitment level) I recommend that such valuable, entrepreneurial perksthe cakeconstitute two-thirds of the total perks you ofer. On top of the cake lies the frosting: symbolic, nostalgia-based perks. Tese perks provide the contributor with a sense of meaning and appreciation. Be very careful not to charge too much for frosting perks. Why? Because that pushes your campaign down the charity spectrum and alienates contributors. To avoid this, keep frosting perks cheap and have them constitute less than one-third of your total ofering. Te best frosting perks get creative and cute. For $15, create a short video of people you meet on your trip saying thank you in their native languages. Other nostalgia perks might include: shout-outs on social media ($1$5) handwritten thank-you postcards, mailed from wherever youre traveling ($5 $15) t-shirts with a photo or phrase related to your trip ($15$30) personal video greetings from abroad ($20$50) Smart Campaign Design 30 Perk Case Studies Here are a few of my favorite travel campaigns that strike a nice balance between cake and frosting perks. Von Wong Does Europe http://www.indiegogo.com/vonwongdoeseurope Benjamin Von Wong, a Montreal-based photographer, launched a campaign to raise $5,000 for a one-month road trip across Europe that he and his videographer would undertake to collaborate with artists across the continent. Vaulting past his goal, Von Wong raised $12,395. Many factors contributed to Von Wongs success, including his great video, excellent pitch, and approach of saying, We believe in [our campaign] so much, weve already bought the plane tickets! But I think none of this would have been possible without a foundation of excellent perks. Heres what Von Wong ofered (rewritten for brevity): $5: Facebook page shout-out. $20: Signed Polaroid sent from Europe and a sexy Von Wong silicone bracelet. Plus the Facebook shout-out. $40: Signed 8x12 premium metallic print from the trip. Plus everything above. $60: Tree tutorials explaining the Photoshop methods used to create three of the fnal pictures from the tour. Plus everything above. $75: 8x10 hardcover book documenting the journey with exclusive behind-the- scenes footage. Plus everything at the $40 level. $100: Same as the $60 perk, but six tutorials. Smart Campaign Design 31 $150: An eDVD of the entire project, including all behind-the-scenes videos, explanations of the shoot, and all fnal Photoshop tutorials. Your name listed as a premium backer in the video credits. Plus everything at the $40 level. $210: Te $150-level perk plus the hardcover book. $500: Give a free photo shoot to an inspiring artist in Europe! We will travel to, shoot and collaborate with an artist/band/crew/group of YOUR choice. Plus everything at the $150 level. $750: Become an ofcial partner of the project, with your name or logo featured on the travel blog and all videos produced. Plus everything at the $210 level. $1,500: Become the one and only ofcial sponsor of the projectjust like the $750 perk, except prominently featured. Tey will also fnd you, track you down, and take you out for dinner! Notice how little mention of the actual European road trip was made in these perks. Instead, Von Wong focused on the valuable (cake) perks he and his partner could provide as a photographer and videographer. Tis was much closer to a flm fundraiser than a travel fundraiser; yet it was indeed funding a massive tour of Europe. Von Wong did an excellent job of focusing on entrepreneurship over travel nostalgia. Journey of 2,180 Miles http://www.indiegogo.com/heathergaiahike Heather Harvie, a wilderness therapy feld instructor, sought to raise $2,180 to hike the entire Appalachian Trail: a distance of 2,180 miles. Her campaign (which was still running at the time of publishing) took a much more minimalist approach than Von Wongs, ofering a simple pitch and fve straightforward perks: $10: Tank-you postcard from the trail. $35: Hand-knitted wool hand warmers, made to order based upon age, gender, and color preference. Smart Campaign Design 32 $45: Hand-carved, sanded, and oiled wooden spoon, made from Appalachian tree wood. $55: Made-to-order knitted hat. $100: Made-to-order knitted scarf, hat, and hand warmers. Heather cleverly timed her campaign to take place in the two months leading up to Christmas, prompting strangers (including myself ) to order some of her crafts as holiday gifts. Sage Goes to Vermont http://www.indiegogo.com/sage-vs-the-world Finally, lets examine the perks from a campaign that I helped design. Sixteen-year-old Sage wanted to raise $1,825 to return to a summer camp that helped change her life. For Sage, the big challenge was in creating perks. When she and I started brainstorming the campaign, she claimed to have no marketable skills whatsoever. I admitted to Sage that running a campaign at age 16 is certainly more difcult than running one at age 20 or 30, simply for the reason that youve had less time to develop skills that other people fnd valuable. But I also knew Sage to be an avid writer, budding photographer, and social media enthusiast. To me, that meant that she had some skills to ofershe just had to think about how to present them to other people. Together we crafted a list of skills- and nostalgia-based perks (biased a bit toward nostalgia in order to compensate for her age), launched the campaign, and met her goal within fve days. Sages perks included: $5: Tank-you e-mail. $10: In addition to a thank-you e-mail, Ill send you a REALLY FUNNY cat photo! Smart Campaign Design 33 $20: A beautiful nature photograph captured by Sage while at summer camp, printed and mailed with a thank-you note. $50: Exclusive excerpts (sent via e-mail) from the fantasy novel Sage will be writing in the upcoming months. $150: A custom-designed blog for you, by Sage, on Wordpress, Blogspot, or Tumblr. If youve ever wanted to start blogging but didnt want to deal with the hassle of creating one, I will help you out! $300: A custom-made short story featuring you as the main characterplus everything else above. More Perk Advice Striking a balance between entrepreneurship and nostalgia is the most crucial part of successful perk design. Here are a few more principles to keep in mind: Its easy to tell yourself that you dont have quality skills to ofer, but youre probably wrong. Ask a close friend, parent, or coworker to help you identify your talents and fgure out how to share them with the world. Dont create a frosting perk that simply says, Donate this much and Ill think youre awesome! Ofer something in exchange for every perk, and make sure it lines up with the cost. Expensive perks should require a genuinely larger expenditure of your time and creative energy. If you want to remind people that they can donate money without selecting a perk, do so in the pitchnot by creating an all-fuf perk. Limit the availability of any perks that you couldnt fulfll if lots of people ordered them. When you create a perk, you can designate how many of them are available. Use this feature whenever you cannot reasonably fulfll a large order volume. For example, youre limited in the number of souvenirs you can bring back from a foreign country (your bag is only so big) and the amount of time you have to provide one-on-one Skype instruction (youre only human). Smart Campaign Design 34 Limit the availability of high-cost perks. When Von Wong ofered sponsorship and dinner out in exchange for a $1,500 contribution, the perk was magnifed by the fact that only one person could claim it. Make your highest value perks feel more exclusive by limiting their quantity. Price your perks as low as possible while ensuring that youre left with something afterward. Providing a nice perk for a reasonable price is important. But its also important that you use your fundraising money for your travels, not just for providing the perks themselves. If it costs you $10 to print a custom t-shirt, dont ofer it as a $12 perk. Every perk should be worth your time to produce. Watch out for shipping costs. I learned this the hard way when I spent $15 to ship a book to a contributor in Bermuda. If youre shipping physical goods, calculate your shipping costs to various parts of the world and include them in your price. For international shipments, many campaigns ofer a separate perk level (e.g., $20 for a book shipped anywhere in the U.S., $30 for a book shipped anywhere else in the world). Produce excellent perks under $100. Most crowdfunding campaigns succeed through tons of small donations rather than a few big ones, according to Indiegogo (http://www.indiegogo.com/blog/2011/10/where- to-price-your-perks.html). Your perks at $10, $25, $50, $75, and $100 will probably net you the most contributions, so work hard to make them awesome. Research whats worked for campaigns like yours. If youre bike touring across North America, search for campaigns with the keyword bike. If youre raising money for a summer camp, search for camp. Harvest the best perk ideas you can fnd from these campaigns. Do weird stuf. A group of friends raising money for a bike tour (http://www.indiegogo.com/theridetorio) ofered a perk for $250 entitled Make Us Do Something! Teir ofering: For this donation well do pretty much anything you ask us to do (within reason). Set us a challenge, a dare or any other crazy task and well try our best to complete it and flm it for you! Genius. With a solid foundation of perks underneath your feet, we now turn to the other aspects of travel campaign design. Smart Campaign Design 35 Flexible or Fixed Funding? As previously described, Indiegogo ofers two campaign funding models, Fixed (all-or-nothing) and Flexible (keep-what-you-raise). Many people choose Flexible Funding by default, because they like the idea of walking away with something instead of nothing. But that can prove an irresponsible or less efective option than Fixed Funding. Te decision is based on whether you can fulfll your perk promises if you dont meet your goal. Scenario 1: Im Going, Regardless Imagine that youve worked hard to save up $3,000 for a one-month India trip. At this moment, you have enough to cover your plane tickets, visa fees, and basic travel costs for the entire voyage. But if you could add $1,500 to that total, you could extend your travels for two additional months, throwing in side trips to Nepal and Pakistan. To pursue this huge opportunity, you launch an Indiegogo campaign and devise a list of India-oriented perks, including promises to bring back souvenirs and create a short flm that introduces each region of the country you visit. In this scenario, you should run your campaign with Flexible Funding. Why? Because if you raise only a fraction of your $1,500 goal, you can still provide the perks that you promised. Youre going to India either way. Scenario 2: I Can Only Go If ... Now lets imagine the same India trip, but in this case, you dont have enough money to cover your basic costs. Youre starting with $0 and trying to raise the full $3,000 via Indiegogo. As before, youre ofering India-oriented perks like souvenirs and a travel video. In this scenario, you should run your campaign with Fixed Funding. Why? Because if you dont meet your $3,000 goal, then you cant go to India, and therefore you cant fulfll your perks. Smart Campaign Design 36 If you tried to raise $3,000 using Flexible Funding but only received a fraction of it, then youd still be on the hook for those souvenirs and travel videos. Tats a bad situation to be in, one that disappoints contributors and leads to a cumbersome refund process that you must personally organize. Scenario 3: No Travel Perks + Disclaimer Finally, you may run a fundraiser that contains no travel-related perks whatsoever. Tis means that no matter whether you succeed or fail, you can fulfll your perk promises because they are not contingent upon your trip. In this case, choose either Flexible or Fixed Funding. If you dont meet your goal with Flexible Funding, however, watch out for a pernicious psychological efect. If you dont go on your trip, will you really feel like meeting your perk obligations? Youll feel less motivated to do so and might fake out. More Reasons to Consider Fixed Funding Most people who use Indiegogo select the Flexible Funding model because they feel that some money is better than no money. As we discussed above, Flexible Funding is a fne choice for travelers who can already cover their basic costs or dont ofer any travel-related perks. But Id like to make an additional pitch for the power of Fixed Funding. To me, the startup mentality and the possibility of failure are what really make a crowdfunding campaign exciting. Tis excitement is only captured by Fixed Funding campaigns. Imagine a small team of artists who want to collaborate on a big new project, but only if they can convince enough people to put money down on their good idea. Or a musician creating a new record. Or a solo engineer ofering a brilliant new consumer product. When running a Fixed Funding campaign, each of these people is asking you to gamble with your money in order to cover their startup and production costs. But its not really a gamble for you, because if they dont meet their goals and cant produce their perks, you get your money back. Smart Campaign Design 37 For the contributors, Fixed Funding campaigns are more exciting and more safe. Tey make contributors feel like theyre making something big happen which would be impossible without them. And Fixed Funding campaigns encourage you, the organizer, to do your best job as a campaignerbecause youll receive nothing if you dont. If youre on the fence between choosing Fixed or Flexible Funding, go with Fixed. Choosing Your Campaign Length You can run an Indiegogo campaign for up to 120 daysso why not? Te more time for people to donate to your campaign, the better, right? Tink again. Te better duration for your campaign may be as short as a few weeks. Writer, designer, and publisher Craig Mod ran a highly successful Kickstarter campaign for a book named Art Space Tokyo and then published an insight-packed article that analyzed almost every aspect of the campaign (http://craigmod.com/ journal/kickstartup/). Craig originally planned to run his campaign for fve weeks. But in hindsight, he realized that he could have done it in less time. Why? Because, as Craig describes, People engage things: a) when theyre brand new, or b) when theyre nearing a deadline. We lose interest in that middle space. Go to Craigs article and fnd the chart labeled Kickstarter Daily Pledge Totals, and youll see that dead middle space. For twelve days in the middle of his campaign, contributions slowed to a trickle. Craigs reasoning for this gap is that, in the beginning of the campaign, everything is new and exciting. Its easy to get people on board at the start. Likewise, at the end, its dramatic and exciting. Youre almost there! Will you make it or not? People will visit your campaign near the end. But that dead time in the middle? Teres no inherent excitement there. Unless youre doing a great job of promoting yourself, youre likely to see a big drop-of in the middle. (Data from Indiegogo confrms this: http://www.indiegogo.com/ Smart Campaign Design 38 blog/2012/07/indiegogo-insight-winning-the-middle-game.html) So why keep the middle? Just take it out. Do this and youll end up with something that everyone can appreciate: a brief, exciting campaign of one, two, or three weeks in length. Choosing Your Fundraising Goal A funny thing happens when you start accepting other peoples money: you start feeling like you need more of it. Tis phenomenon leads many campaigners to set fundraising goals higher than whats actually required for their trip or project. Ask yourself, Can I explain where every single penny of my fundraising goal will go, and feel good about it? If so, then you probably have a reputable fundraising goal. If you have to decide between asking for a little bit less or a little more, ask for less. You can always exceed your fundraising goal. And setting a slightly lower goal makes it more likely that youll reach your goal and thus avoid the penalties involved with coming in short (either higher fees in the case of Flexible Funding or losing everything in the case of Fixed Funding). Creating the Pitch With your campaign perks, funding model, length, and goal established, theres only one thing left to do: create the pitch. Indiegogo provides a template for you to follow, so you dont need major design skills. Te Indiegogo pitch template consists of a prominent photo or video located at the top of the page, followed by a space for text (and more images) below. Te Pitch Photo or Video Te frst decision you face is whether to put a photo or video at the top of your pitch page. Smart Campaign Design 39 According to Indiegogo, campaigns with videos raise 114% more on average than projects with a photo (http://www.indiegogo.com/blog/2011/12/indiegogo- insight-pitch-videos-power-contributions.html). Tat statistic alone should convince you to create a video. If you dont consider yourself a competent videographer, welcome to the club. Dont let that idea stop you from making the video. Te most basic pitch video involves you talking directly to your camera, explaining the basics of your campaign. I did this with my Better Tan College book campaign (http://www.indiegogo.com/btc), and Sage did this with her travel campaign (http://www.indiegogo.com/sage-vs-the-world). Even if you dont say anything more in the video than you already say in the text, the video dramatically increases the chance that someone will empathize with you. One of my favorite amateur videos is Tessa Kaufmans: http://www.indiegogo. com/epicmonentinbrazil. Tessa, a 16-year-old from Colorado, used this video along with a very compact text pitch to raise $4,800 to go to Brazil. Can you muster enough videography skill to do what Tessa did (or fnd someone else to do so)? My guess is yes. For professional videography, check out Benjamin Von Wongs video: http:// www.indiegogo.com/vonwongdoeseurope. You probably dont have access to the equipment and know-how required to produce a video of this quality. But if you do, go for it! Sometimes you need to launch quickly, or you simply dont want to invest the energy in making a video. I myself didnt use videos for two of my three campaigns. In this case, choose a compelling photo to place at the top of your campaign page that clearly shows you or your destination. Te more beautiful the photograph, the better. If youre using a destination photo, try searching Flickr for Creative Commons-license photos for a great shot. (I recommend Compfght.com, a free website that lets you quickly search Flickr.) Smart Campaign Design 40 Te Pitch Text When you create a new Indiegogo campaign, the pitch template includes four categories of text: Short Summary What We Need & What You Get Te Impact Other Ways You Can Help Indiegogo provides suggestions under each of those categories that are worth following. To begin drafting your pitch text, simply follow the prompts. Spend a few minutes browsing campaigns on Indiegogo, however, and youll see that many campaigners never get past this step. Tey simply respond to Indiegogos prompts as if they were flling out a test in school, and then they go live. Tis is not efective pitch-writing. As a potential contributor, I do want the facts. Tats what following the prompts will provide. But more importantly, I want to discover: Does your goal strike me on an emotional level? Will you use my money for a worthy purpose? Are you ofering a fair deal with your perks? Can I trust you? Tese elements diferentiate a lukewarm campaign from a blazing hot one. Tey turn pitch-writing into an art, not a fll-in-the-blank form. And theyre completely unique to each campaign, making it difcult for this author to give concrete advice that will be useful to a broad audience. Smart Campaign Design 41 Instead of attempting to guide you through a crash course in copywriting, I advise you to carefully read the pitches of the fundraisers listed in Campaign Case Studies and then pick up one incredible book: Made to Stick by Chip Heath and Dan Heath. Made to Stick proposes that all captivating (sticky) messages include many or all of the following features. Teyre: simple unexpected concrete credible emotional story (i.e., in a story format) Spend some time with Heath & Heaths book (or fnd a summary online), and youll dramatically improve your pitch-writing skills. Finally, remember to keep your pitch as brief as possible. Many people will want to support your travel campaign. But very few people have the time or patience to sift through a ten-paragraph description of your trips itinerary. Epic-length campaign pitches drive away potential contributors by showing them that you dont value their time. Antoine de Saint Exupry, author of Te Little Prince, wrote: perfection is fnally attained not when there is no longer anything to add, but when there is no longer anything to take away. So it is for pitch-writing. Pitch Checklist Despite the blueprint that Indiegogo provides, many campaigners still miss a few important things. Smart Campaign Design 42 Here are the elements that you must absolutely, positively include in the text of your pitch: images and/or descriptions of the perks that youre ofering an explanation of your funding model and what happens if you dont meet your goal a clear explanation of where the money is going photos and graphicsnot just text!including a photo of yourself and your destination Polishing the Pitch Te best way to start writing a pitch is to compose a draft, walk away from it for a day, and then return to revise it. Repeat this as many times as needed until you feel youve produced the best possible pitch. Next, give the pitch to the three smartest people you know who and are also likely to contribute to your campaign. Ask for their feedback. Revise accordingly. (You can use this process for the pitch video, too.) Make sure that at least one of your reviewers is a spelling and grammar fanatic. Few things kill the professionalism of a fundraising campaign more quickly than a few stuppid typos. Finally, combine the pitch text with the video or photo that you selected. Give it a fnal examination. Does this campaign feel compelling to you? Does it authentically represent your ambitions and character? Can you actually do what youre promising to do? If the answer to these questions is yes, then youre ready to launch. Put in the time and efort required to craft a pitch that makes you proud. When youre traversing the Pyrenees or teaching English in South Korea, you wont regret it. Campaign Case Studies 6. Campaign Case Studies 44 Below are case studies that demonstrate smart and not-so-smart travel campaign design. Ive chosen campaigns that are primarily travel-focused and possess a healthy mixture of good, bad, and ugly components from which you can learn by example. Open the website of each case study and do your own analysis prior to reading mine. Project Doorway ($3500 raised of $3000 goal) Students from Lakehead University planning a dogsledding expedition to Svalbard, Norway! http://www.indiegogo.com/project-doorway Te Good: A very strong opening paragraph immediately demonstrates the teams commitment, and the rest of the text pitch only reinforces it. Tese six students are obviously motivated and prepared. Te Bad: Boring, overpriced perks, especially under $100. Te Ugly: No images, headers, or stylized text in the pitch. Too much plain text makes my eyes hurt! Drive, Eat, Blog ($5175 raised of $5000 goal) A cross-country culinary adventure. http://www.indiegogo.com/drive-eat-blog Te Good: A noble mission: road-tripping to meet chefs and sample regional foods before starting a bakery. Excellent perks at the $100+ level. (A dozen cookies or brownies? Yes, please!) Also, a nice supporting blog. Campaign Case Studies Smart Campaign Design 45 Te Bad: Tey followed the Indiegogo pitch outline as if it were a college exam. Te Ugly: $50 for a shout-out and a magnet? Come on. Send me some cookies. Te Ride to Rio ($8,790 raised of $10,000 goal) An epic 6 month, 12 country, 10,000 mile journey across two continents, powered purely by bicycles. http://www.indiegogo.com/theridetorio Te Good: Beautiful video and supporting website. Compact, well-written pitch. Sponsorship secured from a gear company. Creative perk at the $250 level (Make Us Do Something!). Te Bad: Insufcient explanation of where the money goes if their Flexible Funding campaign fails to meet its goal. Will the ride happen and the video get made? Te Ugly: Some perks ofer nothing in return. Tey simply say, Buy us a spare tire, or Buy our fights home. A Summer to Serve ($5,550 raised of $5,000 goal) Two brothers, 12 years apart, dedicating their summer to travel the country to be in the service of others. Te Great American Road Trip meets the Peace Corps. http://www.indiegogo.com/asummertoserve Te Good: Compelling, authentic video. Well-styled, easy-to-read, image-rich pitch. Fixed Funding model. Te Bad: Tey waited to explain and emphasize their choice of Fixed Funding until the end of their pitch; that belongs up top. Te Ugly: Its unclear as to what exactly theyll do on the road trip and where the money is going. Smart Campaign Design 46 A Very Long Walk in Spain ($2,718 raised of $2,500 goal) Chris Gould is making a documentary about the 500 mile pilgrimage hell be making through Spain, known as the Camino de Santiago. http://www.indiegogo.com/WalkInSpain Te Good: Compact, straightforward pitch. Very reasonable perks. Simple, efective pitch video. Entertaining video updates. Te Bad: No explanation of the funding model. What happens to those perks if you cant go to Spain, Chris? Te Ugly: Youre hiking the gorgeous Camino de Santiago, mangive us a few photos on the pitch page instead of just text! Te Eduventurist Project 2012 ($3,136 raised of $7,000 goal) A Learning Journey to explore new horizons and paradigms for educating changemakers! http://www.indiegogo.com/Te-Eduventurist-Project-2012 Te Good: Incredibly well-done video with personal testimonials. Te Bad: Too many blocks of text in the pitch. Follows the Indiegogo outline too closely. Give us brevity and images! Te Ugly: $250 is far too much for a thank-you card and mini-quote book. Tall Tour 2012 ($1,001 raised of $1,600 goal) Help Bobby tall bike tour from Vancouver, Canada to Los Angeles, visiting bike co-ops and making connections between them along the way. http://www.indiegogo.com/talltour2012 Smart Campaign Design 47 Te Good: Fantastic video. Concise, compelling pitch. Very entertaining mission (I will be touring all the way back to LA! ON A TALL BIKE!). Te Bad: No perks between $25 and $200. Te Ugly: $200 for you to spell my name on the ground with rocks? Come on. Teens to Tailand ($3,605 raised of $18,000 goal) How one teen can make a diference in the world. http://www.indiegogo.com/Teens-To-Tailand Te Good: Nothing. Nothing at all. Te Bad: Te one paragraph of pitch text provides no information about who these teens are, where the money goes, or what happens if the campaign fails to meet its (completely unreasonable) goal. Blurry pitch photo. Te Ugly: Te $100 perk: A thank you email and imaginative appreciation halo (because you are an angle) [sic] Walk With Me ($1,225 raised of $10,000 goal) Experience the Appalachian Trail in full from the comfort of your own living room. http://www.indiegogo.com/Walk-with-me Te Good: Te campaigner seems well intentioned. Te Bad: Te $25 perk states, verbatim: If you donate this, you will be interviewed at some point during the trip, depending on your location and availability. Tis interview will be scheduled by a local producer and is to cover the thoughts an ideas of friends/family who encourage or discourage this event. Te Ugly: A $1,000 postcard. Enough said. Smart Campaign Promotion 7. Smart Campaign Promotion 49 Smart Campaign Promotion Welcome to Your New Part-Time Job When I signed the contract to publish my frst book, College Without High School, I navely assumed that my publisher would take care of promotion. Tats what a book publisher is for, right? To its credit, my publisher did get my book onto Amazon.com and into a few independent bookstores. I obtained a single radio interview and a single magazine review. But thats where the promotion gravy train ended. It took me about a year of lackluster sales to realize no onenot my publisher, Amazon.com, bookstores, or a few media appearanceswould seriously publicize my book. Only I could do that. Te same truth applies to your crowdfunding campaign. Indiegogo wont promote your campaign. Random people wont google it. Philanthropists are not trolling Indiegogo (and if they are, theyre probably donating to truly charitable causes). Teres only one way to promote your campaign: you need to contact people who know and trust you, day after day, for the entire length of the campaign. Between promotion and fulflling your perk promises, you are signing yourself up for a lot of work. Te more you treat your campaign like a jobwith the commitment and energy you would give to running a business or working for someone elsethe more likely you will be to succeed in reaching your campaign goal. Ethical Campaign Promotion Promoting a fundraising campaign means making people aware of its existence and then encouraging them to contribute. Smart Campaign Promotion 50 Promotion cannot be ignored. With excellent promotion, a hastily composed campaign can achieve its goal. And without promotion, even the most perfectly polished campaign will be dead in the water. With these facts in mind, remember that theres a big diference between smart, ethical promotion and stupid, unethical promotion. Follow these basic tactics to ethically promote your campaign: Posting a link to your campaign and updates about its progress to your social media networks every few days. Highlight the hard work that youre personally putting into the campaign and travel preparation. Politely asking a few well-connected people to post a link to your campaign to their social networks, blogs, and/or newsletters. Only do this with people with whom you already have a personal connection. Send a short e-mail or private message (two paragraph maximum) when making your request. Notifying specifc networks of people (like online groups) who are related to your goal. For example, if youre applying to an Unschool Adventures trip, Ill gladly publicize your campaign on the Unschool Adventures Facebook page. Its a relevant announcement that my group members wont mind seeing. Directly soliciting your closest friends, family, and associates. Tese people will be your frst donors and your best cheerleaders throughout the campaign. Tey know, trust, and believe in you; dont be afraid to ask for their help when the campaign is going slowly. Telling people about your campaign with regular old face-to-face conversation. In our evermore digitized world, real-life connections still matter most. Te situation that youre aiming to create with ethical promotion is one in which your friends, family, and communities know that your campaign exists receive a few reminders that your campaign exists, in case they missed it the frst time Smart Campaign Promotion 51 arent annoyed by your reminders feel inspired to contribute because of your hard work and ingenuity, not because they feel pressured Unethical Campaign Promotion Unethical promotion, on the other hand, creates a situation in which potential contributors feel annoyed, spammed, or pressured into donating. Tactics that lead to such feelings include: Blasting your social media networks or online groups multiple times a day. Even once a day is too much for many people. Te only time sending multiple announcements in one day may be appropriate is near the very end of your campaign. Using language that makes you sound needy, ungrateful, or impatient. If you saw this on Facebook, would you feel inspired? My campaign is going really slowly. Go donate right now!! Taxing a community beyond its means. If you (or someone else) has recently run a fundraiser that drew heavily from a specifc community, such as a workplace, sports team, educational circle, or place of worship, dont run another immediately on its heels. (Tis is especially relevant to campaigns that are on the charity end of the spectrum.) The Power of Connections and the Halfway Mark In 2012, a Wharton School professor, Ethan Mollick, analyzed the factors that make Kickstarter campaigns successful. While these fndings arent 100% applicable to Indiegogo campaigns, theyre worth noting, especially if youre doing a Kickstarter- style Fixed Funding campaign. Professor Mollick discovered two interesting trends relevant to campaign promotion. First, the raw number of social media connections that youthe campaign founderpossess makes a big diference. As described by Jeanne Pi, who wrote Smart Campaign Promotion 52 an excellent summary of Mollicks research (http://www.appsblogger.com/behind- kickstarter-crowdfunding-stats/): For [a $10,000] project, holding everything else constant, if you had 10 Facebook friends, you would only have a 9% chance of succeeding. If you had 100 Facebook friends, your chance jumps to 20%. And if you have 1,000 Facebook friends? Your chance of succeeding is now 40%. What does this mean for you? If you dont have an extensive social media network of Facebook friends, Twitter followers, blog readers, etc., then its time to start building one. And if you dont have time to build such a network, then plan on asking a few friends with large networks to do some serious promotion on your behalf. Mollicks second big insight was that failed campaigns tend to fail by large margins. Most signifcantly, 97% of failed campaigns dont reach 50% of their goals. Tis means that reaching 50% of your goal is a pretty signifcant achievement. If you can get your campaign past the halfway mark, youre much, much more likely to reach 100%. Chalk this up to human psychologywe like to support winnersor perhaps some other reason. But no matter what you do, focus on pushing your campaign past 50% as early as possible. Indiegogos data confrms that the simple act of launching your campaign and receiving immediate contributions is important for later success. According their blog, 85% of campaigns that reach their goal receive their frst contribution within one day of going live (http://www.indiegogo.com/blog/2012/02/indiegogo- insight-85-of-campaigns-which-hit-their-target-recieve-their.html). Also: ...the probability [that] a campaign will reach its goal doubles once the frst contribution is received, quadruples once it reaches 10% of its goal, and is more than fve times as likely once 25% of the goal is raised. (http://www. indiegogo.com/blog/2011/10/insight-a-campaigns-first-contribution-can- double-your-success.html) Te above data suggests that you should launch a campaign only when you are 100% ready to start promoting it. Dont launch a campaign and then give it a few days without any action on your part. Smart Campaign Promotion 53 To get your campaign moving quickly right from the beginning, ask a handful of your most enthusiastic supporters to promise to make a donation as soon as your campaign launches. Tis will take a bit of planning on your part, but it will pay for itself immediately by creating an invaluable feeling of momentum in your campaign. Next, focus your ethical promotion tactics most heavily on the frst few days. Remember what Craig Mod wrote about the beginning and end of a crowdfunding campaign? Tese are the exciting periods. Teyre the times when your communities will be the most genuinely receptive to your updates and promotions. Let loose all your cannons and do your best to push the campaign past 25% or 50% in those frst few days. Remember, you can always exceed your goal. A Few Other Promotional Tools Campaign Updates To sustain a feeling of momentum throughout your campaign, use the Campaign Updates tool to send a direct message to your contributors. (Te message also appears publicly on the Updates tab of your campaign.) According to Indiegogo, campaign owners who provide an update at least once every fve days raise 218% as much money as campaign owners who update less often (http://www.indiegogo. com/blog/2011/10/indiegogo-insight-update-every-1-5-days.html). What should you do with Campaign Updates? First, use them to solicit promotional assistance, especially when contributions have slowed to a trickle, such as in the middle of a campaign. Your current contributors have a vested interest in seeing your fundraiser succeed, especially with Fixed Funding campaigns. If you ask them politely to help spread the word, they just might do so. Second, use Campaign Updates to share news regarding your travel and perk preparations. Have you been practicing your French? Trowing pottery for your perks? Tese types of activities demonstrate your continued commitment to the campaign. Showing is better than telling, so use photos, images, and videos whenever possible. Ten add these same video updates to the top of your pitch for new contributors to see. Smart Campaign Promotion 54 Finally, show us your personal side by using Campaign Updates to comment on the fundraising process itself. Tell us how difcult you discovered promotion to be, or describe how you might run a campaign diferently next time. Show us how youre learning from this journey, and again, we might just feel inspired to help spread the word or even contribute a second time. New Perks After your campaign launches, you may still add new perks. Take advantage of this feature to invigorate a boring campaign or to add more inventory if your current perks are sold out. Stretch Goals Some campaigners create stretch goals, funding goals beyond the original goal at which new features are unlocked and added to perks. For example, you might say that if your $3,000 India campaign reaches $4,000, youll upgrade your Introduction to India video perk with a Learn 15 basic Hindi words extra feature. Stretch goals are especially useful promotional tools for campaigns with low goals. Use Google to search the Indiegogo and Kickstarter websites for the word stretch to see examples. After the Campaign When your campaign endswhether successful or nota few promotional tasks remain: Tank Your Contributors Send personal thank-you e-mails whenever possible. If you have a very large number of contributors, send a single e-mail with contributors listed as BCC recipients. (Find contributors contact information via your campaign dashboard.) Smart Campaign Promotion 55 Send Your Perks Do this as soon as possible. Notify your contributors via e-mail or a Campaign Update when they can expect their perks and again when you actually ship them. Send Campaign Updates Share photos and videos from the places you travel, links to travel blog posts, and anything else you think your contributors may enjoy. By thanking your contributors, sending your perks promptly, and staying in touch after the campaign, you increase the chance that your friends, family, and communities will support more of your projects in the future. The Real Payoff 8. The Real Payoff 57 If you successfully meet your fundraising goal, then youll be on your way. Enjoy your trip and send gratitude to the people who helped make it possible. If you dont meet your goal, then perhaps your travels will need to wait a while. Tats okay. Send gratitude to those who helped anyway, and tell them that youre not giving up. Running an online crowdfunding campaign is hard work. Teres no free money in this world, and even the most well-planned campaign may meet failure due to circumstances outside your control. (Global recession, anyone?) Te one thing you always have control over is whether you learn from these fundraising challenges or not. Copywriting, video production, online promotion, perk creation: these tasks may seem unique to crowdfunding, but theyre really just microcosms of bigger challenges youll run into over and over again in life. Defning a clear goal? Asking for help? Ofering products or services of value to other people? Getting people to pay attention to you? Yea, youll do those things again. Run a great campaign, enjoy your travels, and never forget that learning is the real payof. Drop me a line and tell me how your campaign goes: yourstruly@blakeboles.com. The Real Payoff Further Reading 9. Browse these websites for additional advice on designing, launching, and maintaining your crowdfunding campaign: IndieGoGo Crowdfunding Tips for Campaigners: http://www.indiegogo.com/ crowdfunding-tips Kickstarter School: http://www.kickstarter.com/help/school Kickstartup: http://craigmod.com/journal/kickstartup/ Kickstarter Tips from a Fan of Crowdfunding: http://a.wholelottanothing. org/2011/05/kickstarter-tips-from-a-fan-of-crowd-funding.html Te IndieGoGo Blog (specifcally the Customer Happiness and Insights sections): http://www.indiegogo.com/blog/ Gratitude 10. Tank you to the generous people who crowdfunded the publishing of this book: Tank you Brenna McBroom, Jessica Barker, and Alex Kurucz for providing feedback on the blog post that became this book. Vincent Perez (everlovinpress.com) designed the cover, Julie Pedtke (juliepedtke. com) designed the PDF, and Alex Cabal (bookspry.com) designed the ebook. You guys all rock. Lori Mortimeryoure an awesome editor. Two down, more to come! Abby Li Ward Aimee Fairman Alex Rivera Alexandra Oliver Alison from WA Bette-Lou Rush Brady Endres Breana Kali Cameron Lovejoy Casey Holt Christine Yablonski Christopher Cross Clabbe Bjurstrom Darcey Wunker Debbie Eaton Debbie Wong Denise Deeves Elizabeth Walkup Ellie Burton Emma Hershey Gail & Broc Higgins Hannah Lily Hall Hans Bruesehoff Jaiela London Jennifer Constable Jennifer Shearin Jenny Bowen Jessica Jones Josh Beck Karen Roddy Karen Tucker Kelli Traaseth Laurie Wolfrum Maggie Garrett Majbritt Larsen Maria Hines-Brigham Matilde Lausell Morgan Roddy Patrick Coyle Paul Betts Paul Kurucz Priscilla Sanstead Rob Tullis Robert Harper Rowan from TX Sandra Dodd Tanner Shepherd Tanya & Andrew Davis Virginia Phelps and Wendy Lapham About the Author 11. Blake Boles is the director of Unschool Adventures, the author of Better Tan College and College Without High School, and the founder of Zero Tuition College. Read Blakes blog and learn more at blakeboles.com If enjoyed this book, please consider writing a review on Amazon.com. Tank you!
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