Because a lot of my brain and my non-working life is focused on music, I see a lot of crowdfunding pitches. I mean, A LOT. When you become friends with a lot of musicians, sometimes it seems as if every week I get multiple requests to help make a CD, fund a tour, a theatre project, or some other worthwhile venture.
Crowdfunding is a crowded marketplace. A new infographic from CraigConnects and Rad Campaign tells us that more than FIVE BILLION DOLLARS was raised this way in 2013. But while the crowdfunding field is complicated and numbers vary widely (see this article from the Canadian Media Fund for an example of just how many ways you can define ‘success’), it’s fair to say that a large number of projects, if not a majority, do not end up meeting their financial goals.
So when I contributed to two recent campaigns that were very successful, I started to think about why they made it when so many others don’t. The first was “The Kneeraiser.” In a nutshell, some civic-minded folks decided to buy someone a knee. The someone in question was singer-songwriter Christa Couture. While I had met her several times, I was shocked to read on the Kneeraiser site that Christa was an amputee. Turns out that after a diagnosis of cancer at 11, she became an amputee at 13 and has been a monopod for the last 22 years. While Canada’s public health-care system covers basic prostheses, there are remarkable high-tech prosthetics out there which cost extra. While many employees would have part of those costs covered by benefit plans, a full-time musician doesn’t have benefits. And so, the knee-raiser was born, with a goal of $15,000 to get a basic microprocessor knee. That goal was reached in 3 days, and the campaign is now closing in on a $25,000 goal.
The second was a campaign launched by my friend Jill Zmud to help produce her second album, “Small matters of life and death.” The Ottawa singer-songwriter’s record was inspired by a family member she will only ever know second-hand. Jill’s uncle had been a touring musician, but was killed in a car crash before she was born. Decades later, Jill found a box of reel-to-reel tapes that became half of her uncle’s musical bequests to her. The other was his Fender Telecaster guitar, which is her main instrument. Jill’s fundraising goal was met, and then some, and she got media coverage including The Globe and Mail, a major coup for any indie artist.
So why did these two campaigns succeed, and why do so many other campaigns struggle? I think there are two things that set Jill and Christa’s campaigns apart: the story, and the perks.
Both Jill and Christa had something beyond a “help me make a record” pitch. In one case, it was to support a musician to attain a necessary medical device that she simply would not afford otherwise. In the other, the story of Jill’s uncle’s untimely death and her discovery of his music made for compelling reading and captivated the listener / reader. That Jill was completing the CD and doing the crowdfunding and perparing for a CD-release show while also getting ready to give birth in April made her story even more interesting. Christa’s love for Fluevog shoes, and a well-placed picture, ended up in the company sharing her story with its 93,000 Facebook fans.
And both campaigns offered creative and quirky perks for contributions that were fun and engaging all on their own. Because Christa is a well-loved member of a supportive artistic community, she was able to offer donors music perks from seven different performers, as well as art, signed poetry chapbooks, tote bags, and all sorts of other things. Jill offered everything from a credit line in the CD to writing a song for the donor’s wedding to a painting by her artist brother to a one-act play written by her husband to a evening of game-playing with she and her husband. Both Jill and Christa’s campaigns also did many of the basics right: they maintained momentum, they regularly posted updates via various social media channels, they included video as a part of the campaign, and they gave themselves enough time to meet their goal.
So if you’re thinking about trying crowdfunding as a way of completing a project, don’t go in blind. Do the background research necessary to do your project right, and spend time planning it so that you do what Jill and Christa have done:
- tell a compelling story in multiple ways to engage your audience
- establish and maintain momentum
- offer perks that maximize creativity and attract attention on their own
- use your networks and social media channels to keep the flame burning
And if you’ve read this far, please consider helping to get Christa’s Kneeraiser to its stretch goal of $25,000 and make her the first Canadian bionic folk singer.