Kickstart Your Campaign with Video

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The crowdfunding platform, Kickstarter, is a fascinating microcosm – it brings together all the elements and challenges of a business often before that business exists. So in many ways, a Kickstarter project is a pre-startup startup – and accordingly it faces many of the same immediate challenges. But where startups sprint towards product, Kickstarter forces a path towards market development. Those who can’t market, don’t win. And like current marketing trends indicate, video plays an increasingly important role in that process.

Research from MWP Digital Media shows that Kickstarter projects that have a video are 85% more likely to achieve their funding goals. This tends to match some of the trends we are seeing in broader marketing circles – with YouTube and Vimeo consumption continuing to rise – impacting not just brand and engagement metrics but also working at crucial junctures in the path to purchase.

Video, however, is a steep learning curve – so there are obvious benefits to outsourcing. But new features in familiar apps/platforms like Instagram and Twitter (via Vine) make it easy to experiment. And I have a feeling that the role of user (or brand) generated video content is only going to accelerate in the next 12-18 months. I have already begun testing this out for myself and with clients.

These days marketing never sleeps. I hope this shift isn’t catching you napping.

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Gustin Shows Why Retailers Still Don’t Get Digital

Gustin to transform retail

For years, Australian retailers have under-invested in digital. They held back technology investment, closed down innovation programs and hired traditional marketers when they should have been growing their own breed of tech-savvy innovators. And while retailers had their heads in the sand, the world changed.

Recent failures like ClickFrenzy have been down played and it’s clear that even the retailers with some digital budget are unprepared for the fast moving transformation taking place thanks to mobile.

In spite of all the trends, facts, figures and forecasts, retailers remain unconvinced. What is driving this myopic view of the future of business? In many ways, it feels like a classic illustration of the The Innovator’s Dilemma – companies (and indeed a whole industry) misses out on new waves of innovation because they are unable to capitalise on disruptive technologies.

But I also think retailers are captives of “Big Thinking”. Because they operate at scale, big thinking clouds their judgement. It’s easy to discount competitors when they generate sales that are fractions of a percentage of your business. But it’s not the percentage that’s important, its the velocity and momentum.

Hand made men’s clothing manufacturer, Gustin, illustrate this shift beautifully. They launched a Kickstarter campaign some time ago with the aim of raising $20,000. The premise was simple:

  • Capitalise on their growing brand and reputation for premium menswear hand-crafted in San Francisco
  • Allow for pre-purchasing of products through crowdsourcing – perfectly matching the demand and supply chains
  • Deliver the retail items to customers directly at wholesale price

Now, with two days before the campaign closes, Gustin have massively over-reached their goal. Currently sitting at almost $407,000, Gustin have smashed the target, connecting with almost 4000 new customers and validating not only their approach but also whole product lines.

And all this was done by taking an outside-in view of their business.

Until other retailers can transform the way they think about their business, their customers and the experience they provide, they will continue to struggle with this new world of digital.

Light Up Someone’s Life This Holiday with Moore’s Cloud

Support the Moore's Cloud Light project on Kickstarter

Admit it. You’re more than a little geeky. There is a drawer somewhere in your house with old mobile phones, cameras, and pieces of technology. For all I know, you probably have a Newton gathering dust under your desk.

Support the Moore's Cloud Light project on Kickstarter

If this sounds like you, then you may just want to add Light to your Holiday wishlist this year. The Kickstarter project turns a stylish 52 LED light into a Linux powered, web-connected device that can be controlled by your iPhone or iPad or from the other side of the world via the web interface.

It’s “illumination as a service” – or the “internet of things” come to life. There’s only 15 days in the Kickstarter campaign to go – and it needs your support. Choose a pledge package and get behind this innovative startup. It’s even been named CNET’s Kickstarter project of the week. Sign up for a package – you’ll be glad you did.

And while I like this video, I reckon they should have gone with a different soundtrack. More like this one!