CFB News Wire , Recently we were invited to present at the Gold Coast Writers’ Festival, telling attendees about the great fit between crowd funding and aspirations of the writing fraternity. The response was overwhelming, and we have since been invited to speak at a number of upcoming writers’ events. The information most sought after was centred on what sort of projects could be funded by aspiring authors, and what sort of rewards can be offered. With months of research behind us, we are now able to clearly outline both of these, and summarise them below to assist writers all around the world.
At first glance, writers commonly identify the cost of publishing as being a project they could fund through crowd funding, but as you dig deeper, there are so many more initiatives that can be addressed. It is not just when the book is written that crowd funding becomes a possibility, but formulative stages of getting the book complete, correct and presentable to market can all be crowd funded. Even getting the author more educated or developing their skills – attending workshops and conferences, or even conducting research – these can all amount to considerable costs, all of which can be crowd funded. Once the drafts have been written, external expertise can be funded to appraise the work, edit the book, assist with the layout and even supply artwork for the cover or in the work itself.
Upon completion of the book, it is time to release it to the word to be judged as a literary masterpiece. The costs of self publishing or even releasing your work as an e-book can be borne by crowd funding. And as soon as the work is out there, launch events and all other marketing activities can be crowd funded so that the awareness of the published work can continue to grow.
You may have in mind the project you want to crowd fund, but how do you entice people to pledge their support? We researched books from all over the world that were crowd funded, and these are the rewards that were the best supported in the successful funding campaigns:-
$1 – You get the warm and fuzzy feeling of knowing that you’ve helped make the book happen and keep me and my family alive. You’ll become part of our community on LinkedIn and Facebook and get regular updates as the book progresses towards completion.
$2 – Get a shout out and thank you on my personal web site. Everyone who contributes $2 or more to the campaign will be the subject of a personal thank you from me via my own personal website
$10 – You can buy the electronic version of the book, as a pdf, epub and kindle (all three together).
$10 – You get a credit in the book.
$25 – Join us for beers and ideas! You’ll be invited to an exclusive invitation only event to talk with the author and a few select friends.
$25 – A signed copy of The Book. International Orders please add $10.
$25 – You will receive the paperback. This includes shipping.
$30 – A free limited edition print copy as it is released!
$40 – A signed copy of The Book plus a sketch of one of the characters drawn in the book.
$50 – You can get the hardback.
$50 – Every person who pledges $50 or more will be acknowledged in every single copy of the book when it is released.
$100 – You can get the hardback, and a question answered on my blog.
$100 – Become a major supporter. Get your name in the book, get a personally signed free print and ebook copy and a personal thank you card from me that you can either treasure forever or use as a bookmark.
$200 – You can get the Group Discount: 10 copies of the book for your group to work from. You can add as many extra copies as you like for the same price: so eg. 15 copies would be $300
$250 – An original drawing of one of the characters from the book. Your choice, plus a signed copy of The Book.
$500 – You can choose 6 hardbacks or 12 paperbacks, get a 30 minute skype call, and request video explanations of any parts of the book.
$500 – Let’s have a beer or a coffee for an hour or two and about the subject of the book and about creativity. It’s my chance to say thanks and your chance to pick my brain and brainstorm, challenge or completely dismiss the ideas behind The Book.
$500 – The original cover art for the book. A signed copy of The Book, plus a sketch of one of the characters drawn in the book, plus your choice of 1 print
$1,000 – So, you really love books? For the princely sum of $1,000 you will get a hardback copy for everyday use, and a hand-bound hand stitched totally traditionally properly made copy that will outlast your great-grandchildren.
These are just some of the ideas that have been successfully used as rewards for writing-related crowd funding campaigns. But just as writing is a creative art, so too is the creation of a crowd funding campaign, so the two are well served to be combined for literary success!