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IndieGoGo Insight: 85% of Campaigns That Reach Their Goal Receive Their First Contribution Within One Day of Going Live

85% of campaigns that reach their goal receive their first contribution within one day of going live. Your campaign's first contribution builds momentum for your fundraising effort. 

On average, campaigns which reach their goal receive their first contribution in one day. In contrast, campaigns which don't reach their goal take about four days- that's four times as long!

Days-update1

The Help Sound Station campaign doubled their goal in only two days because of their massive initial outreach to their network. They have since sent out at least one update daily, and are only a few thousand away from tripling their goal.

Getting a strong start to your campaign is a key indicator of success, so here are some strategies to get you going.

  • Complete all aspects of your campaign before launching - include a video3-8 perks, and have external social media accounts like Facebook and Twitter.
  • Announce your campaign with a direct e-mail to your extended network and a design a social media campaign. The initial support from these networks is what will help you boost your GoGoFactor, and get your momentum going. 
  • Have creative ideas prepared on how to keep updating your followers and funders.  

 

January 31, 2012

5 IndieGoGo Health Campaigns: A Kidney Transplant for a Husband & Saving Seth

In 2009, the US Census Bureau recorded that over 50 million Americans were uninsured primarily because of the high costs associated, turning it into a 'luxury'. With this remaining a major issue amidst children and families, crowdfunding has become the... Read more

January 30, 2012

Exclusive Interview with Bryn Oh — Virtual Worlds, Real Success

Have you ever felt like you were in a world of your own? In our exclusive interview with Bryn Oh, we talk to an artist who lives in the virtual world of Second Life. As a virtual avatar, Bryn has... Read more

January 29, 2012

Fixed Funding: 5 Successful Campaigns!

We recently relaunched Fixed Funding highlighting some of its differences with Flexible Funding and how each route to fundraising aligns with the needs for the project. Our recent insight also reinforced the need for Fixed Funding campaigns to have a... Read more

January 28, 2012

PERK POWER: Beer Growlers & Original Artwork of a Digital Character

Whether you're looking for perk ideas for your campaign or wanting to shop for a a unique gift, we've pulled together our weekly pick of some cool perks on IndieGoGo: $19 The Ring Mans Fund Location: South Carolina, USA Story:... Read more

January 27, 2012

IndieGoGo Team: Campaign Round Up!

Erin/Business Development CLICK HERE Location: Melbourne, Australia Meet 'A Million Year Girl' out of Australia - help her improve her already amazing album, and enjoy a fabulous pitch video! Kat/Content & Community The Liberia '77 Photo Repatriation Project Location: British... Read more

January 26, 2012

Guest Blogger, Corey Zaloom from Fanbridge: Optimize Your Fan Base!

FanBridge is a fan management platform that helps optimize email and social media to grow, engage, and monetize fan bases. Whether you're a band, brand, filmmaker or athlete, our priority is making your fan list more valuable without making your... Read more

5 IndieGoGo Music Campaigns: Great Tunes Know No Borders

“Music is the universal language of mankind,” said Henry Wadsworth Longfellow in 1835. Over 150 years later, 5 great IndieGoGo music campaigns prove that great tunes know no borders: The Prostitutes’ New International Album Location: Praha, Czech Republic Story: The... Read more

January 25, 2012

IndieGoGo Insight: Fixed Funding Campaigns With a Pitch Video Raise 239% More Money

Fixed Funding campaigns receive funds if they reach or exceed their goal. You can see some of the differences between Fixed and Flexible Funding in this blog post. Fixed and Flexible Funding campaigns share many of the same drivers of... Read more

Exclusive Interview with Molly from Mission Bowling Club: Games for Non-Profits

San Francisco's Mission District is soon to have a new kid in town! An old electrical supply warehouse will transform to provide the local enighborhood with a 6 lane bowling alley, rotating gallery wall, full bar, including a restaurant to... Read more

January 24, 2012

IndieGoGo Tips: 5 Steps To Take After Your Campaign Is Over

If your campaign has just finished and you have successfully raised funds, then congratulations! Now it's time to actually do what you've promised in your pitch. Your campaign deadline may be over, but there's a lot that needs to happen... Read more