Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
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Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#2Does your data allow comparisons at different points in time? In particular, is the gap widening or narrowing?
(A 6X differential isn't too surprising when there's a clear first-mover or early-mindshare-leader... but it also isn't insurmountable as long as the market is growing and fluid.)
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#3Doesn't KickStarter screen all their campaigns? Does IndieGoGo do the same? If not that explains why IG has so much more failures.
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#4It is also worth noting that Indigogo has the option for projects to keep the money raised even if it falls below the goal (for a higher cut of the money IIRC). Not only would that alter revenue numbers, but I think it would also influence how projects set their initial goals. Wouldn't you be a little more conservative on your Kickstarter goal since it is an all or nothing situation?
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#5Is there any reason that the ultimate price for these services won't approach $0? They're not actually providing promotion, right? That seems like the only real value they could really provide.
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#6Tangentially on topic: I am surprised that Kickstarter doesn't have a way for members to sign-up for updates of various kinds. I am almost exclusively interested in technology projects. I would love to get daily emails featuring new tech projects. No such thing exists. I don't visit Kickstarter every day. What's ends-up happening is that I sometimes miss out on really interesting projects because I don't know they existed. Some of the most interesting ones I've discovered through HN and other sources but not KS.
I imagine they are missing out on a pile of revenue by not establishing a good connection with members.
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#7It is also worth noting that Indigogo has the option for projects to keep the money raised even if it falls below the goal (for a higher cut of the money IIRC). Not only would that alter revenue numbers, but I think it would also influence how projects set their initial goals. Wouldn't you be a little more conservative on your Kickstarter goal since it is an all or nothing situation?
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Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#8Tangentially on topic: I am surprised that Kickstarter doesn't have a way for members to sign-up for updates of various kinds. I am almost exclusively interested in technology projects. I would love to get daily emails featuring new tech projects. No such thing exists. I don't visit Kickstarter every day. What's ends-up happening is that I sometimes miss out on really interesting projects because I don't know they ex…
They could even automatically figure out projects you'd be interested in based on data collected from other backers "people who backed this project also backed" as well as simply using categories you have backed in the past. This is something where I think they'd get quite a few people signed up to a daily or weekly email about new campaigns.
Just the other day I was complaining about this. As someone who tends to back tech and film projects, and lives in Seattle, a film project about the Seattle tech scene went totally under my radar until I had read about the tech company I work for being one of the main backers of it --just hours after the funding period had ended.
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#9Tangentially on topic: I am surprised that Kickstarter doesn't have a way for members to sign-up for updates of various kinds. I am almost exclusively interested in technology projects. I would love to get daily emails featuring new tech projects. No such thing exists. I don't visit Kickstarter every day. What's ends-up happening is that I sometimes miss out on really interesting projects because I don't know they ex…
They could even automatically figure out projects you'd be interested in based on data collected from other backers "people who backed this project also backed" as well as simply using categories you have backed in the past. This is something where I think they'd get quite a few people signed up to a daily or weekly email about new campaigns. Just the other day I was complaining about this. As someone who tends to ba…
Kickstarter really is terrible for actually finding projects to fund. I've only ever found interesting projects through completely external media sources as well. This could be a major competitive advantage for IndieGogo if they were to tackle this problem. I'd be willing to get a targeted newsletter of interesting projects from them.
Re: Insights we discovered when we scraped and analyzed all of Indiegogo’s campaigns
#10Indiegogo also charges the investors up front rather that only if the funding succeeds - I know this has prevented me from giving money in the past. It's annoying to deal with the fund/refund issue.