Plufl was able to go viral on TikTok To enter the world of entrepreneurship without any specific skills To utilize effective product prototyping Social media can be a potent tool for your project The fact that the creators behind Plufl were students with near-zero entrepreneurial and TikTok experience is really inspiring.Įven with that lack of experience, they raised over $290K with nearly 800 backers on Kickstarter! It was “created to maximize comfort and foster a sense of security, delivering relief for those who have ADHD, stress, and anxiety-related issues.” In this episode of Crowdfunding Demystified, you’ll hear Salvador Briggman talk to the team behind Plufl, Noah and Yuki, a premium bed engineered to provide the optimal napping experience. Today’s episode is just another opportunity for you to learn how to utilize current trends and media to benefit your own campaign. However, if you take note of tips, tricks, and techniques used by the multitude of guests I’ve had on my podcast, you’ll start to visualize and plan the necessary steps to make your crowdfunding dreams a reality. If you have been with me for any length of time, you know my answer: I don’t think so!Īs someone who has had the privilege of speaking to guests of many successful Kickstarter projects, my answer should come as no surprise. Is that true as it relates to Kickstarter? I’m sure you’ve heard the saying, “If it were easy, everyone would be doing it.” They come highly recommended! Download their free shipping and fulfillment checklist. Resources and Tools Mentioned on the ShowĬrowdfunding Coaching The Kickstarter Launch Formula Audiobook Smash Your Kickstarter Goal Fulfillrite: Kickstarter and crowdfunding reward fulfillment services. Soak it up and use it to smash your goals! The formula he has mastered after twenty-four crowdfunding campaigns Why he chose Kickstarter over other crowdfunding platforms How to successfully launch gaming projects As someone with over ten years of experience crowdfunding, the wealth of knowledge David possesses is astounding, and he’s taken the time to share it with us! In this episode of Crowdfunding Demystified, you’ll hear Salvador Briggman talk to the creator of Dead by Daylight, David, who explains how this survival horror board game attracted 11,546 backers! That’s exactly what happened with today’s guest, as they raised an astonishing $1,067,395 for their Kickstarter project! What about surpassing it by a massive 326%? I’m going to have a guess and say no (or at least not yet).īut what’s stopping you from achieving your Kickstarter goal? “Is a 9% failure rate reasonable for a community of people trying to bring creative projects to life? We think so, but we also understand that the risk of failure may deter some people from participating,” the company wrote.Have you ever had an idea for a product, launched a Kickstarter campaign to fund it, and raised millions of dollars? Kickstarter cast the findings in a positive light, and again reiterated its long-held position that the platform is not a “store” where people can buy goods and get a guarantee it will arrive on their doorstep. In November the company behind a miniature drone that raised more than $2 million on the site declared bankruptcy, while another company making a high-tech cooler angered backers by selling the device on Amazon before providing it to everyone who supported the original Kickstarter project.Īccording to the study, though, the projects with the highest failure rate are those that raise less than $1,000. Lots of high-profile Kickstarter projects have run into big problems after getting massive amounts of funding. The study, whose findings Kickstarter says it did not influence, included survey answers of backers of more than 30,000 projects from 2009 to 2015.
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