Company
Date Published
Author
Josh Kraus
Word count
2699
Language
English
Hacker News points
None

Summary

The crowdfunding landscape has evolved significantly over the past decade, with platforms like Kickstarter, Indiegogo, and Crowdfunder offering unique twists on the concept. While starting a campaign is easier than ever, running a successful one requires a well-crafted "hook" that communicates why a project or cause is worth someone's attention. A hook encompasses both the product's Unique Selling Point (USP) and how it's framed, with personal stories being particularly effective. Successful campaigns on various platforms, such as Kickstarter, Indiegogo, Crowdfunder, Fundable, Seed & Spark, Patreon, Fundly, and CrowdRise, have used a range of strategies to create hooks that resonate with their target audiences, from highlighting product utility and convenience to emphasizing social impact and growth potential. To succeed in crowdfunding, creators must choose the right platform for their project and craft a hook that will earn them backers.