Wednesday, February 13, 2013

Kickstarter doesn't validate your product; it validates your pitch (and that's okay)

Validate This
I came here to praise Kickstarter, not to bury it, but this article on major corporations using Kickstarter for product research reminded me of a lesson we covered at the Louisville Digital Association's crowdfunding workshop a few months ago: Kickstarter is sales training, not product research.

Well, that's not entirely fair. Kickstarter does provide some basic market research about your product description and maybe your price point, but only in the context of your marketing. Kickstarter can't validate a product that doesn't exist. It can only validate what you're putting in front of the consumer and all Kickstarter puts in front of the consumer is your marketing pitch.

Kickstarter validates your marketing pitch, not your product.