Thinking of launching a Kickstarter (or other) crowdfunding campaign? There’s a lot to consider – how much can I raise, what rewards should I offer, what shirt should I wear in my video? Too often, however, artists forget a lot of other details: fulfillment and processing costs amongst the many other factors.
Taylor Davidson has just launched a new financial modeling tool for anyone about to embark on a crowdfunding campaign. It gets very detailed – helping you estimate the impact of marketing, which rewards might be popular, costs and even let’s you compare what is going on to what you hoped.
I’ve used Taylor’s other financial models in my business, and I highly recommend that anyone considering a campaign use this template. It might help you plan for the unforseen, think of new ideas or just make sure you do it right.
Here’s the video from his site:
Social tagging: art > budget > crowdfunding > film > kickstarter