you're reading...
Social Media, Uncategorized

Crowdfunding For Authors

Image

Is crowdfunding the new piggy bank for self-published authors? Without the backing of a sponsor (i.e. a traditional publishing house) indie authors have to pay for editing, cover design, publishing, marketing and promoting their brand and books. The cost can run into the thousands and seeing how most of us are strapped for cash – I started to wonder if crowdfunding could be the wave of the future for funding, and discovering authors (and their work). If you want to learn more about crowdfunding, then Forbes has a great article. You can read it by clicking here.

I’m still learning about this relatively new mode of social media myself so I’m not going to produce a long blog post sharing my “wisdom.” However, I thought that you may also be thinking about crowdfunding your next book. If so, then the links below may be of help. They have been for me.

Tips for a successful crowdfunding campaign

BookBaby http://blog.bookbaby.com/2013/05/what-authors-need-to-know-about-crowdfunding/

Build Book Buzz http://buildbookbuzz.com/7-ways-to-conduct-a-successful-crowdfunding-campaign/

Crowfundingeye http://www.crowdfundingeye.com/5-tips-for-a-successful-crowdfunding-campaign/

Pinterest http://pinterest.com/sellanapp/crowdfunding-campaigns/

How to promote your crowdfunding campaign

Crowd Crux http://www.crowdcrux.com/21-places-to-promote-your-kickstarter-campaign/

Unsuccessful Stories

Pigs Don’t Fly http://www.pigsdontfly.com/2013/05/7-things-i-learned-from-unsuccessful.html

Mashable http://mashable.com/2012/05/25/crowdfunding-mistakes/

How to relaunch a failed campaign

Patrice Williams Marks http://www.patricewilliamsmarks.com/10-surefire-tips-for-relaunching-a-failed-crowd-funding-campaign-if-at-first-you-dont-succeed/

A little outdated, but still helpful

Appsblogger http://www.appsblogger.com/behind-kickstarter-crowdfunding-stats/

In depth report on crowdfunding

Geek industrial complex http://www.geekindustrialcomplex.com/articles/crowdfunding-report-part-1

http://www.geekindustrialcomplex.com/articles/crowdfunding-report-part-2

http://www.geekindustrialcomplex.com/articles/crowdfunding-report-part-3

Have you thought about crowdfunding your next book? Have you done so already? If so, was it a good or bad experience? Share below in the comment field.

Advertisements

Discussion

4 thoughts on “Crowdfunding For Authors

  1. Nice article and a great collection of resources!

    Thanks for the shout out too:)

    I think crowdfunding is a great option for authors as it replaces the traditional advance you would receive from a publisher with an advance from the fans you’re writing for.

    You can also use crowdfunding to get feedback directly from your readers as you work on your novel, so there’s a nice collaborative vibe and the readers feel more excited about your work… Which makes them more likely to share it with their friends and online, which is sort of free advertising for when you release.

    Posted by Sam | June 6, 2013, 10:06 am
    • Thanks a lot, Sam! Your advice on crowdfunding is invaluable, and I love your website – Crowdfunding Eye. I agree, of course, with everything that you’ve said. Seeing how you have an overview of crowdfunding campaigns, would you mind sharing one tip with us indie authors in regards to developing/creating our campaigns? What should we focus on or have a handle on? I’m asking because I believe that the promotion of the campaign is extremely important. However, developing/organizing the campaign before it goes live is also crucial so that the end product is professional and eye catching. Do you have a tip that you are willing to share with us?

      Posted by 4journeys | June 6, 2013, 10:17 pm
  2. Hey, great article. I am currently in the process of crowdfunding my book on Sports and Games throughout history. Its an interesting experience so far, I will definitely have to update you on my experiences when all is said and done.

    Posted by Jeff J | June 7, 2013, 4:59 am
    • Jeff, thanks a lot! Good luck with crowdfunding your book. I would love to learn how your campaign went once it’s completed. So, yes- please give a follow-up. Which site are you using? I can drop by and take a look.

      Posted by 4journeys | June 7, 2013, 2:38 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: