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Our crowdfunding campaign
Crowdfunding:	
  Untapping	
  its	
  poten3al,	
  reducing	
  the	
  risks	
  
June	
  3rd,	
  Brussels	
  
Ivan	
  Caballero	
  
What is The Social Coin?
h?p://youtu.be/GiAMV6Ai-­‐gU	
  
Why Crowdfunding?
•  Market Insights
•  Market testing
•  Online Fundraising
•  Good exposure
•  Alliances
•  Instant prosumers
•  Fast results
Why Goteo?
•  Crowdfunding referents in
Spain
•  Open DNA projects
•  Accountability: where the
money goes
•  Personal feeling
124 FRIENDS
95 UNKNOWN
5 COMPANIES
Team
4%
Friends
23%
Unknown
28%
Companies
45%
Social Media
61%
Direct
20%
TheSocialCoin
5%
Goteo
1%
Other Media
13%
INCOME DETAIL
CAMPAIGN TRAFFIC SOURCES
0
200
400
600
800
1000
1200
2/25/13
2/27/13
3/1/13
3/3/13
3/5/13
3/7/13
3/9/13
3/11/13
3/13/13
3/15/13
3/17/13
3/19/13
3/21/13
3/23/13
3/25/13
3/27/13
3/29/13
3/31/13
4/2/13
4/4/13
4/6/13
CAMPAIGN VISIT 40 DAYS (1st Round)
Launching :
30.000 personal
emails & 200 calls
Emailing 1
Newspaper
Emailing 2
TV
Newspaper
Emailing 3
Emailing 4
INCOME
Traffic from
TheSocialCoin.org
spent more than
4 minutes in the
campaign page.
Average traffic from
other source was less
than 2 minutes
FIRST
WEEK 32%224
88%99%
12% 1% 28%LAST 4
DAYS
SOCIAL
MEDIA
AVERAGE
BOUNCE
RATE
TOTAL
BACKERS
75%
TOTAL
1st ROUND
VISITS INCOME
TOTAL
2nd ROUND
OUR CROWDSOURCING
ADVENTURE
ROI of one hour destinated to…
$ 440,0
$ 137,5
$ 96,8
$ 66,0 $ 63,8
$ 29,3 $ 22,0 $ 20,6 $ 16,5
 
Hours
dedicated
Estimated
Income
Social Media 60 9%
1 to 1 explanations 50 29%
TV 30 8%
Personal emails 25 22%
Event presentations 16 3%
Radio 15 3%
Newsletters 12 15%
Newspapers 5 3%
Platform visibility (Goteo) 2 8%
Next challenges &
•  Transparency
•  To be accountable
•  Keep the community engaged
•  Open board of management
•  Monthly newsletter to backers
•  Public presentation and
rewards delivery
Next actions	
  
THANK
YOU!
(More questions?
Icaballero@thesocialcoin.org)
Crowdfunding:	
  Untapping	
  its	
  poten3al,	
  reducing	
  the	
  risks	
  
June	
  3rd,	
  Brussels	
  

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Crowdfunding: Untapping its potential and Risks - The Social Coin Success Case

  • 1. Our crowdfunding campaign Crowdfunding:  Untapping  its  poten3al,  reducing  the  risks   June  3rd,  Brussels   Ivan  Caballero  
  • 2. What is The Social Coin? h?p://youtu.be/GiAMV6Ai-­‐gU  
  • 3. Why Crowdfunding? •  Market Insights •  Market testing •  Online Fundraising •  Good exposure •  Alliances •  Instant prosumers •  Fast results Why Goteo? •  Crowdfunding referents in Spain •  Open DNA projects •  Accountability: where the money goes •  Personal feeling
  • 4. 124 FRIENDS 95 UNKNOWN 5 COMPANIES Team 4% Friends 23% Unknown 28% Companies 45% Social Media 61% Direct 20% TheSocialCoin 5% Goteo 1% Other Media 13% INCOME DETAIL CAMPAIGN TRAFFIC SOURCES 0 200 400 600 800 1000 1200 2/25/13 2/27/13 3/1/13 3/3/13 3/5/13 3/7/13 3/9/13 3/11/13 3/13/13 3/15/13 3/17/13 3/19/13 3/21/13 3/23/13 3/25/13 3/27/13 3/29/13 3/31/13 4/2/13 4/4/13 4/6/13 CAMPAIGN VISIT 40 DAYS (1st Round) Launching : 30.000 personal emails & 200 calls Emailing 1 Newspaper Emailing 2 TV Newspaper Emailing 3 Emailing 4 INCOME Traffic from TheSocialCoin.org spent more than 4 minutes in the campaign page. Average traffic from other source was less than 2 minutes FIRST WEEK 32%224 88%99% 12% 1% 28%LAST 4 DAYS SOCIAL MEDIA AVERAGE BOUNCE RATE TOTAL BACKERS 75% TOTAL 1st ROUND VISITS INCOME TOTAL 2nd ROUND OUR CROWDSOURCING ADVENTURE
  • 5. ROI of one hour destinated to… $ 440,0 $ 137,5 $ 96,8 $ 66,0 $ 63,8 $ 29,3 $ 22,0 $ 20,6 $ 16,5   Hours dedicated Estimated Income Social Media 60 9% 1 to 1 explanations 50 29% TV 30 8% Personal emails 25 22% Event presentations 16 3% Radio 15 3% Newsletters 12 15% Newspapers 5 3% Platform visibility (Goteo) 2 8%
  • 6. Next challenges & •  Transparency •  To be accountable •  Keep the community engaged •  Open board of management •  Monthly newsletter to backers •  Public presentation and rewards delivery Next actions  
  • 7. THANK YOU! (More questions? Icaballero@thesocialcoin.org) Crowdfunding:  Untapping  its  poten3al,  reducing  the  risks   June  3rd,  Brussels