What Peloton's 2013 Kickstarter can teach founders about fundraising - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Peloton started on Kickstarter. Check out the original campaign that raised $307,000 in a month, including a breakdown of why it worked.

, it took the same avenue many startups pursue to raise money: A Kickstarter campaign.

Business Insider broke down why Peloton's Kickstarter campaign worked, what opportunity the company missed, and what entrepreneurs should consider when crafting their own.Each paragraph dives into specific details of the bike while the imagery shows that it would look like in the home.One of the most compelling aspects of Peloton's Kickstarter campaign is its visuals. The photos and video have a high production value, but they are also used as a compliment to the written descriptions.

Answering those basic questions at the start of any campaign is a great way to introduce potential investors and customers to your product. It also creates a need for your invention instead of letting it exist in a vacuum.Courtesy of Peloton's Kickstarter page

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How is strapping an iPad to a treadmill innovative?

Hey, davegraham - look, it is kickstarter :)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the fight to save Rent the Runway - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Someone should report on them dropping their unlimited plan in early 2021 only to offer a limit of 16 items per month at a $30-60 increase in monthly cost at that tier vs unlimited. They say it's because customers aren't interested in unlimited and yet they limit and charge more?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Currensea launches business debit card and $6.5 million fundraise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ARTIST
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to teach your kids resilience to help them through the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How teaching hope in school may be the elusive key to success - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

8 leaders, professors to know at Stanford Graduate School of Business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to know if you're ready to quit your job and start a business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So many questions, not so much ONE right/perfect one.
Source: BusinessInsider - 🏆 729. / 51 Read more »