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| BlissEscape, Our first crowfunding project on Indiegogo |
- Colleen and I started exploring crowd-funding option for BlissEscape, the worlds first audio relaxation travelogue, few months back and launched our campaign on Indiegogo a week ago. In this post I discuss our rational for picking Indiegogo. And why we think it is a better platform for innovative projects that blur the line between existing categories.
- Many people have since asked me the rational for choosing Indiegogo and crowdfunding etc. I thought a blog post (series) is the best way to respond to the questions.
- I compared existing crowdfunding platforms I was aware of.
- Firstly, in my opinion crowdfunding is an excellent market research tool to estimate the potential sales (viability of your product)
- Why did we decide to go with Indiegogo for our crowfunding?
- It works in Canada !
- BlissEscape is a better fit for Indiegogo given the wide range of projects it allows, compared to the limited Kickstarter.
- Indiegogo allows for flexible funding
- BlissEscape is very innovative (not like next best photo app & software innovation, more like Doritos blowing up the snack category!) and rides on micro trends - of love for travel, growing stress, rise of mobile apps, mobile savvy moms, and laws of subtraction !
- From out observation, if your project is not software or hardware based then Indiegogo is likely a better fit for your project compared to others. At least the community curation is easier to manage than blanket/canned statements from KS staff evaluators.





