Tag Archives: first time author

Tips & Tricks

Want to kickstart your next novel? Here’s how to launch a successful book crowdfunding campaign

loveandknowledge

You’ve already got one book under your belt. Now’s the time to work on the next. But how can you afford to do this? The answer for hundreds of authors is Kickstarter, the popular crow-funding website. By executing a successful Kickstarter campaign, you could be paid to work on your book while you’re writing it. True story. Here’s a few tips to get your started:

Do your research. Check out book campaigns that worked. Ask yourself – why were they effective? What language did they use to encourage support? Who provided the funding and why, do you think, they did so? Check out this Kickstarter success story for inspiration.

Do the math and set your goal. I’m sure most of us would like a cheeky million to sit on the beach in Mexico and pen our crime thriller but that ain’t gonna happen. Figure out how much it costs to make a book, and be reasonable and realistic. If it’s a good project, people will contribute. Make sure you factor in the ‘boring’ costs like printing and postage. Remember to add a 15% buffer to cover the Kickstarter, credit card fees and extra fees to run your campaign. Also include a budget for marketing. Enough to either outsource it or to make your own website and promotional materials. At the very least, you should budget for a consultation with a marketing professional who will identify the strategies most relevant to your book that you can implement yourself.

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