Crowdfunding has recently benefited a lot of businesses. Even many non-profit organizations are using it wisely. It has actually solved many funding problems. Though it has some minuses too, it seems to be great overall. Amongst others, even crowdfunding for films has seen quite some growth. People are moving towards it to get their films crowdfunded. But going about crowdfunding for films isn’t as simple as it seems. It has to be carefully planned. And efficiently implemented. Here are some tips and tricks that can be useful!
#Research. Plan. Repeat.
Crowdfunding for films is not that new a concept. Many people have tried it. Though some have been successful. While some others have failed miserably. Here you need to understand one thing. This is no small thing! It is a huge step you are taking. So do your research well before you start. You need to work in a very organized manner. Thus, plan your campaign beforehand.
#Get your team ready!
The idea of assembling your team after crowdfunding is one really bad idea. Studies show that if a team collectively campaigns for crowdfunding for films, they raise 94% more money as compared to individuals. SO go get your team ready. Actors, director, assistants, everyone!
#Get your Budget clear
Budget becomes a tricky issue for some people while crowdfunding for films. Don’t let this happen to your campaign. Study the budget of other projects similar to yours. Plan your budget very carefully. Keep the details in mind. And remember, you cannot deviate more than 10-15% of your planned budget.
#Choose the platform wisely!
Today there are many crowdfunding platforms available in the market. But you have to choose yours after some proper research. Different websites are good for different project. Find out which platform has the maximum success rate for crowdfunding for films. And then check your convenience.
#PR Plan: The lifeline for crowdfunding for films!
Trust me, this is as simple as it seems. And important. Really important! See, the thing is really simple. Yours is not the only project which would be launched for crowdfunding. You are going to face a lot of competition. You need to get through it and make your project successful. Your project has to grab attention. And that too with 3-4 days of the launch. Otherwise, it will become an old story. So give your PR plan some really good attention. Invest in it too if required.
#Keep your project Alive!
When you are crowdfunding for films, you have to take care of the popularity of the project. Because the success of the film after the actual release is also very important. So keep updating the fans with some bits and pieces. Your actors can post pictures from the shoot. Or you can release some teasers before the trailers. Some interviews, small clips, and everything of that sort. In short, the things which would grow anticipation!
Though a tricky job, if done carefully crowdfunding for films can be really beneficial. All the best for yours!
