Hi there! About one year ago, I officially launched my company, Rotate Watches, through Kickstarter. To explain Rotate in a nutshell, we offer all-in-one kits to build a mechanical watch. Each kit includes parts, tools, and guides on putting it all together. It's a great gift for any hobbyist or watch enthusiast.
I was a 20 year old fresh out of college who had a great idea, but no money to carry it out. I was working full-time for another company, but quickly realized I was never going to save up enough to launch the company. For perspective, each of our kits retails for $200 - the first batch alone would cost at least $50k, not to mention all the other costs associated with starting a business.
I had dabbled in Kickstarter before and figured it would be the perfect way for me to launch my company. Kickstarter has an avid customer base of backers who are early adopters, tech-oriented people who like to try out new products ahead of the crowd. The perfect target market for something like Rotate.
To clear up a common misconception about Kickstarter, Kickstarter is PREORDERS. It's not people just throwing money and getting nothing in return. People choose to order products from you with the expectation that they'll receive it.
The great part is, Kickstarter backers are aware the product may or may not be in production yet, and so they will fund you and give you time to produce that first batch.
I launched a 30-day campaign and ended up raising over $91k, which was 600% of our initial goal. We hit our goal in the first 48 hours and ended up posting 3 stretch goals and hitting them all by the end of the campaign.
I launched my Kickstarter only two weeks after quitting my full-time job. I was very much on a time crunch since if this didn't work out, I'd need to get another job ASAP.
The first thing I did was find a designer and videographer to build out my Kickstarter campaign. I've built a Kickstarter myself before, and have come to realize that it's best to leave this part to the professionals. It'll be way faster, and way more professionally done to do this. If you find the right person, it'll be great quality at a great price. I joined some a Facebook group for 'creatives' and made a post saying I was looking for a videographer/designer to do a job. I had over a hundred people message me their portfolios and rates, and I picked the best from the bunch. Then, I sent them a backbone of how I wanted the campaign to look / what information to include and set them free to build it. We went back and forth with adjustments and were able to come up with a video and a beautiful campaign by the deadline.
While they were building out the campaign, I focused on getting ready to promote it. The only paid crowdfunding services I used were Backerclub and Gadget Flow. They ended up bringing in enough traffic to break a profit, but overall didn't really do much.
The main thing I did was reach out to publications. I spent most of my time looking up publications and editors, finding suitable ones who would write about something like my Kickstarter or my product. We ended up getting featured in the New York Times, Cool Hunting, and more.
I also zoned in on our audience on Instagram. We put together custom-fit messages, and DM'd every user with 'watch enthusiast', 'hobbyist', and other key terms about our upcoming launch.
Finally, I found every possible site and group to submit the Kickstarter. I saved all the links so once the Kickstarter was live, I could easily post on everything. I scoured Facebook groups, Twitter, startup sites, Linkedin, and more.
Woooot this was a really long article, and I'll cut it here for now. If you'd like to learn more about what I did during the actual duration of the campaign (not just prep), please let me know!
So cool! I'm working on a kickstarter campaign as well. It's rare to see people working on physical products on IH. Let's connect!
Thank you!! :) Physical products are my thing, completely agree they're not as common on IH! Would be happy to connect.
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Very cool! I've been contemplating launching my own watch brand on Kickstarter as well. Decided to wait a little until I have more $$ and time. Seems like I may have been overestimating both.
Would love to hear some more details.
Thanks so much!! Watch brands actually do very well on Kickstarter, I often see successful campaigns for watches there. It can help you save on $$ and time for sure! :) Will be posting more soon!
Congratulations on your launch! This is something that I would like to follow when I launch my product paired with a web app.
Thanks so much, that means a lot!! Will be posting more soon! Good luck with your launch :)
Congrats for the products!and the launch!
Thanks so much!!
Very cool and congrats! Good luck with the rest of the execution 🤞 – I hear that hardware is very hard...
Thank you!!! Execution's been great so far! Hardware's different than tech for sure, but I love it!
@jennifrz - congrats on the Kickstarter and thanks so much for sharing how you approached getting all the creative and getting it launched.
I may have an exposure/lead-gen opportunity that may interest you. I'm a partner in AskAndyAboutClothes.com and our members love watches.
Feel free to email me via the email in my IH profile or connect with me on LinkedIn (whichever you prefer).
I'm also based in Los Angeles :) Look forward to hearing from you!
Hi Mike, thanks so much for the kind words and suggestion!! I'll send you an email in a bit! :) Looking forward to connecting!
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