eCommerce Marketing Podcast artwork

Crowdfunding Using Kickstarter for an Accelerated Go-To Market Strategy - with Khierstyn Ross

eCommerce Marketing Podcast · with Khierstyn Ross · June 24, 2020 · 29 min

Summary

This episode provides a clear roadmap for ecommerce businesses looking to launch new products or validate ideas through crowdfunding on Kickstarter. Learn how to leverage Kickstarter not just for funding, but as a strategic go-to-market tool to build early traction, gather customer feedback, and generate buzz before a full-scale launch.

Key takeaways

Themes

finance & fundraisingdtc strategybrand & content

Topics covered

kickstarter crowdfundingproduct launch strategymarket validationpre-launch marketingbacker communicationpost-campaign fulfillment

Episode description

Marketing Strategies Revealed in this Episode: What Kickstarter is and how exactly it works The criteria that a business must meet in order to launch a kickstarter campaign Who Kickstarter is for The main reasons that a business should consider launching a kickstarter campaign and what they have to benefit from launching one Examples of companies that we may all be familiar with that have launched successful Kickstarter campaigns that have then gone on to do very well

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Frequently asked about this episode

What does this episode say about finance & fundraising?
Develop a comprehensive pre-launch strategy for Kickstarter, including building an email list and engaging with potential backers to maximize pledges within the initial 48 hours.
What does this episode say about dtc strategy?
Utilize Kickstarter as a market validation tool to test product-market fit and gather crucial feedback before committing to mass production.
What does this episode say about brand & content?
Understand the importance of clear communication and setting realistic expectations with backers regarding shipping timelines and potential delays.
What does this episode say about finance & fundraising?
Leverage crowdfunding success to attract traditional investors and secure future funding, as a proven track record builds confidence.
What does this episode say about finance & fundraising?
Plan for post-campaign logistics and fulfillment meticulously to ensure a smooth transition from campaign success to product delivery and ongoing customer satisfaction.

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