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CRICOS Provider Code: 00113B CROWD FUNDING RESEARCH: MAGGOTS & POO HIP ‘N’ SHOULDERED. Dr Melanie Thomson – Deakin Medical School [email protected] @Dr_Mel_Thomson (Twitter) www.facebook.com/drmel.thomson Blog: www.drmelthomson.wordpress.com

Crowd Fund Me: @ Bionic Vision June 2015

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Page 1: Crowd Fund Me: @ Bionic Vision June 2015

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CROWD FUNDING RESEARCH: MAGGOTS & POO

HIP ‘N’ SHOULDERED.

Dr Melanie Thomson – Deakin Medical [email protected]

@Dr_Mel_Thomson (Twitter)www.facebook.com/drmel.thomson

Blog: www.drmelthomson.wordpress.com

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Research Crowd Funding comes to Deakin

Prof Deb Verhoeven

Chair in Media and CommunicationFaculty of Arts & EducationSchool of Communication & Creative Arts

[email protected]@bestqualitycrab on Twitter

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Evolution of a Crowd Funding Academic: ‘Mighty Maggots’ Campaign April 2013

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Research Crowd Funding in Oz: The beginning

• Deakin-Pozible.com partnership

• Pozible founder Rick Chen, me & Dr Michelle Harvey

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Maggots…can we make them glamorous?

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Pozible-ly, an exercise in marketing

Second Maggot Video: Maggot Art

https://www.youtube.com/watch?v=H1WJZiflxi8

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Getting $10K for Maggots? It’s !

• 45 days to convince people to give us $$

• No existing ‘audience’• Target Market not as

tech savvy• Ran ‘physical’

outreach campaign as well as online

• Apps used: Twitter, Facebook, LinkedIn and Storify

• Diverse Donors

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Pozible-ly, rewarding for donors?

Rewards turned out to be an important part of the process

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A real life Crowd : Community Engagement

Cons: Can get hostility from punters

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‘Mighty Maggots’ Campaign

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Evolution of a Crowd Funding Track record: ‘Hips 4 Hipsters’ April 2014

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‘Hips 4 Hipsters’ - Bought Pro Help

Logo: Cat Donaldson, Faster Pussycat Productions @catherineLdAnimation: James Hutson, Bridge8 @jameshutson

Professional Animation by James Hutson of Bridge8

https://www.youtube.com/watch?v=o-OD2gB0Ewg

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‘Hips 4 Hipsters’ Twitter only strategy

• One week on @realscientist rotation account to amplify signal

• Important relationship with science ‘supertweeter’ @upulie -> @colvinus

• Interviewed by @carolduncan on ABC radio• ‘Herd Mentality’ Podcast @adamreakes

• Most donors came from these interactions

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Strategic 2 stage Crowd Funding: ‘No more Poo Taboo’ campaign, April 2015

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‘No more Poo Taboo’ #Cdiff campaign

• Can diarrhoea be glamorous?• Will my supporters ‘buy’ the two step

strategy?• Can I keep the ‘powder dry’ with the US

based philanthropists?• Is every just sick of my schtick?

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‘No more Poo Taboo’ #Cdiff campaign

• #nopootaboo• #undiesforcdiff

Outtakes: https://www.youtube.com/watch?v=KmTQh3IM_1k

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‘No more Poo Taboo’ #Cdiff campaign

3D Tiny Toilets

https://www.youtube.com/watch?v=STJglafaxVA

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Crowd Funding: Not for the faint of heart!

Cost • Pricey on Time!! (10-20 hrs on top of Academic job!)• $$ return per hour….approximates to less than minimum wage• Seen as ‘zany’ = non credible by science establishment??

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Crowd Funding: Not for the faint of heart!

Cost • Pricey on Time!! (10-20 hrs on top of Academic job!)• $$ return per hour….less than minimum wage• Seen as ‘zany’ = non credible by science establishment??Benefit• Raised profile in local and national communities• ‘Ripple Effect’ still in action…several further donations• Obtain network of random ‘cheerleaders’

for your science

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‘Ripple Effect’ of community engagement

• Approx $5,000 extra donations (so far!)

• Plus $37,000 Grants

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The Process and Potential $$ GainsDeakin Process:• Internal committee to assess ‘NOIS’ applications• Training workshops • Run campaigns in batches• Social Media support

HOW MUCH CAN YOU ACHIEVE?

• $1,000-$1,500 – Easy, get this in first week Family & friends• $5,000 – Moderate, should be achievable in 30-45 days• $10,000 – $15,000 – Hard work, need good strategy• $20,000 - Very Hard work, need larger existing audience to tap• $50,000 -100,000+ TELL THEM ‘You’re Dreaming’!!!

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ACKNOWLEDGEMENTS

SPONSORS: 129 + 180 + 161 individuals @pozible.com +

Jane den HollanderLee AstheimerDeb VerhoevenMichelle HarveyJoyce SeitzingerColin WarrenStuart PalmerRebecca PlantRyan RaybouldKris Pechotsch

PozibleRick ChenMatt Benetti

Gillian TurnerCatherine DonaldsonJames HutsonKim FoaleMichelle Banks

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http://www.slideshare.net/debver/crowdfunding-university-research

http://www.slideshare.net/debver/report-evauatinresearch-myworld

http://www.slideshare.net/debver/checklists-crowdfunding-research

http://www.pozible.com/research

My Blog: www.drmelthomson.wordpress.com

1st Campaign www.pozible.com/mightymaggots

2nd Campaign www.pozible.com/hips4hipsters

‘Research my World’ Crowd Funding Links

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Crowd Funding Tips for University Admin

• Requires support from the highest level (VC/DVCR)• Requires support of financial officers in Research Office

and at local Departmental level• Consideration for admin burden of tax receipts ->

Philanthropy office?

• Practicalities: • WHICH PLATFORM? External or Internal?• Official You Tube account• Pay Pal account needed• Multi Media/Comms support?• ‘Coalition of the willing’ team of Social Media Mentors