What if crowdfunding fails
Kickstarter: Which projects fail the most often
The website Finantio.de looked at the financing of Kickstarter projects. Accordingly, technology products fail most often. Only 24 percent were successful. It only looks just as bad in journalism, where just 24.4 percent of the products examined were successfully financed.
Camera and electronic equipment particularly successful
According to Finantio.de, there are also blatant differences between the tech projects. Camera and electronic equipment has a particularly high success rate, with 55 and 52 percent respectively being financed successfully. At the lower end, on the other hand, there are projects in the Web and Apps category. Here the quotas are eight and seven percent, respectively.
Median at $ 25,000
The median funding targets for camera equipment and wearables is $ 25,000, compared to just $ 3,800 for all campaigns. According to the analysis, camera enthusiasts are also particularly generous, investing an average of $ 340 on the platform. Supporters would only invest more money in 3D printing - $ 430.
Most of the money for product design and games
By the way, most of the money came from product design, tabletop and video games. According to Finantio.de, 2015 was the best year for Kickstarter, with over 65,000 campaigns active at the time. Since then, the number of projects has been falling. By the way, it is most worthwhile to start a project in spring and finish it in autumn. The best day of the week should be Tuesday and the optimal start time between 2 p.m. and 4 p.m.
330,000 campaigns examined
When analyzing Finantio.de, 330,000 campaigns were scrutinized. The period for the analysis was between April 2009 and January 2018. Campaigns that were canceled prematurely were not taken into account. The raw data can be found on the Kaggle platform. (red, 03.07.2018)
- How does speech recognition work
- Is it a bad idea to stretch all day
- Is dried fruit a healthy snack?
- Who are the top presenters in 2019
- Is the EU the vassal of the USA?
- What does the expression Sophie's Choice mean
- Why is the burn harmful?
- What if everyone became naturists?
- What about tyranny
- Can break your water during intercourse
- Can branches ever become roots?
- How is AMU for MBA
- Can you smoke Suboxone
- How can you graph functions with MATLAB
- How do I find a social bookmarking site
- Where is the oldest synagogue in Europe
- What is a home infusion therapy provider
- How do I find a witch school
- Do you believe in learning new things?
- What is 4x4 4x4 4 4x4
- What is it like to be easily frightened
- Which temple is famous in Solapur
- All poor people commit crimes
- How do you improvise jazz
- All celestial bodies are turning
- A world free of nuclear weapons is possible
- The word Hey is slang or slang
- What is considered new wave music
- How is it in Venezuela
- Is religion an epidemic?
- What is a trade line of credit
- What does Microsoft Dynamics CRM stand for
- When was Debian first released?
- What day was Ice Cubes Good Day