Crowdfunding has helped various projects and ideas get funded and its popularity is increasing day by day. There is a wide variety of things in which crowdfunding can help raise money. The recent addition to the things which can be crowdfunded is crowdfunding a book. Crowdfunding a book can be a big relief for those writers who have spent days trying to find a publisher for their book. The most obvious help that crowdfunding a book can provide is providing funds for hiring editors, designers, etc. for the book and also help in creating a fan base even before publishing the book.
Is crowdfunding a book beneficial?
Crowdfunding a book can be more than just raising the funds for publishing a book. It can help to have an intricate interaction between a writer and a reader. If the writer of a book and a reader join hands for publishing the book, it can lead to having a lot of fans before even launching the book and after the book is actually published,it will be sold as soon as possible. Crowd funding a book also helps get feedback from the supporters about the idea of the book. Crowdfunding a book will also be helpful is creating the anticipation among the readers. With them being the part of the whole creation and publishing of the book, an individual can create a whole lot of loyal and strong fans who might also be the supporters of their next project. Based on the funds it has raised, crowdfunding a book also helps increase the credibility of a book and increase its demand.
If going for crowd funding a book has already been decided,then there are two ways it can be done. One way is through the online platforms like Kickstarter, Indiegogo, etc. and the other way for crowdfunding a book is through a publisher who likes crowdfunding platforms helps raise the funds for the book and after the goal is reached they then become like a traditional distribution partner and help in selling the book. Although both the options have some pros and cons, but an individual can select the option according to their needs. If one wants to be the sole decision maker of all the processes of the crowdfunding a book campaign, then it is better to go for crowdfunding platforms. If an individual prefers having a distribution partner who can help in decision making etc. then it is best to go for the second option.
After choosing the most suitable platform for the crowdfunding a book campaign, the next step is to plan the marketing of the book. Crowdfunding a book needs a lot of work as one needs to make their campaign interesting enough for the supporters to notice it. The thing which helps the most is by giving the whole crowdfunding a book campaign a personalized touch which can reflect the passion and inspiration behind the book.
It can help the crowd funding a book campaign to share stories related to the inspiration behind the book, who the book is for, what makes the book different, etc. A good advice for crowdfunding a book will also be to provide some incentive for the supporters like a discount on the book, easy and early booking of the published copies, etc. which can drive them towards the campaign. The crowdfunding a book campaign can consume a lot of time, but in the end, if done properly, it can be worth it.
