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- May 30, 2023
- 357
- 340
Sup,
So I'm in the process of putting my invention to Kickstarter, here is a couple of renders
It cooks food by a press of a button.
So, I've made a couple of estimations, and to fund my project on Kickstarter, I need 34800€.
The way Kickstarter works is that if the goal is not reached I get nothing.
...
And to get that kind of funding I need ad dollars. I've made some estimations, and I can do food delivery for about 7$/h here in Slovakia. If I work 7 hours a day, 30 days a month I can get to whopping 1500$.
Which is both good and terrible. But, if you do the math 34800/1500, I need around 23.2 ROAS just to hit the goal.
I've read how powerful press mentions (and Kickstarter front-page) can be, and maybe I can get 10k in free publicity. "talk to the right people" as one Fastlaner has said"
Problem is still, is getting 23.2 ROAS even realistic?
I've recently done product design, Kickstarter design, Web design, engineering of my product, but I don't know if someone would be willing to pay me for the "problem-solving" skills on this level.
Possible to bootstrap? Is such ROAS from good/decent renders possible?
It's not easy, but I'm committed... I'm also afraid I won't be able to test as much creatives because with ppc ~2$ I'll be able to get only 750 clicks... And if 100 clicks is statistically significant it's only 7 creatives.
So I'm in the process of putting my invention to Kickstarter, here is a couple of renders
It cooks food by a press of a button.
So, I've made a couple of estimations, and to fund my project on Kickstarter, I need 34800€.
The way Kickstarter works is that if the goal is not reached I get nothing.
...
And to get that kind of funding I need ad dollars. I've made some estimations, and I can do food delivery for about 7$/h here in Slovakia. If I work 7 hours a day, 30 days a month I can get to whopping 1500$.
Which is both good and terrible. But, if you do the math 34800/1500, I need around 23.2 ROAS just to hit the goal.
I've read how powerful press mentions (and Kickstarter front-page) can be, and maybe I can get 10k in free publicity. "talk to the right people" as one Fastlaner has said"
Problem is still, is getting 23.2 ROAS even realistic?
I've recently done product design, Kickstarter design, Web design, engineering of my product, but I don't know if someone would be willing to pay me for the "problem-solving" skills on this level.
Possible to bootstrap? Is such ROAS from good/decent renders possible?
It's not easy, but I'm committed... I'm also afraid I won't be able to test as much creatives because with ppc ~2$ I'll be able to get only 750 clicks... And if 100 clicks is statistically significant it's only 7 creatives.
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