karatewolfpunk wrote:It is possible, but it can be really hard. I tried (twice) and failed.
Three things to consider:
1) What incentives are you going to use to make people back the Kickstarter and not wait for the actual book to come out? What most people do is have "early bird pricing" in the rewards, where they list the product for cheaper than what it will retail for. This is, I think, the biggest mistake I made. If this is your first time crowdfunding, you might just want to consider ebook rewards so that you don't have to worry about managing and paying for physical products.
2) What kind of following do you already have? You've written two novels, but are people actually buying them and paying attention to you? If you haven't already, go create an email list. (There are many how-to guides online.) The best advice I heard when it comes to gathering emails is that one interested sign-up equals $1. Of course it's not exact, but if you want to have a crowdfunding campaign with the goal of $5,000, aim for getting that many people to sign up for your emails.
3) Kickstarter or Indiegogo (or other)? Let's say $5,000 is your goal, but by the time the Kickstarter finishes you only reached $3,459. Almost $1,500 short of your goal, but still almost 3.5k. If you think that you'd be able to still get your book published in a timely manner despite not reaching your goal, Indiegogo might be for you. People get really caught up with the Kickstarter brand name, but now, it's pretty meaningless as hundreds of Kickstarters are put out a day.
Publishing on Kickstarter has a 31.09% success rate: https://www.kickstarter.com/help/stats
Before you take any action, I would recommend you educate yourself about crowdfunding for at least six months. There's no reason to rush into this.
Users browsing this forum: No registered users and 21 guests
Copyright © 2021 Salvador Briggman LLC. All Rights Reserved. Powered by phpBB® Forum Software © phpBB Limited.