A crossover could also involve the Mind Flayer being interested in Pennywise's power of fear. It could send some of its Demodogs to Derry to study Pennywise or try to make an alliance. This would bring the two groups of heroes together to stop this unholy alliance from forming. The kids from both stories would have to use their wits and courage to outsmart these powerful entities.
One idea could be that the Demogorgon from Stranger Things somehow ends up in Derry from It. The Losers' Club and the kids from Hawkins could team up to fight it. They would have to combine their different skills and knowledge of the supernatural.
Maybe Pennywise could travel to the Upside Down. His shape - shifting abilities would make him a terrifying presence there. The Stranger Things characters might initially mistake him for another Upside Down creature until they realize how much more dangerous he is. The two groups of characters would then have to figure out how to send Pennywise back to his own realm.
One idea could be that the Losers' Club from 'It' somehow ends up in Hawkins, Indiana, during the events of 'Stranger Things'. They could team up with the kids from 'Stranger Things' to fight a new, combined threat that has elements of both the Upside Down monsters and Pennywise's terrors. For example, the Mind Flayer could merge with Pennywise in some way, creating an even more terrifying entity.
A cool plot could involve the Demogorgon from Stranger Things being somehow related to It. The Losers' Club and the kids from Stranger Things have to figure out this connection and stop both threats. The Losers' Club could share their knowledge of facing supernatural horrors with the Stranger Things kids, and vice versa. For example, Dustin's knowledge of science might help in understanding the nature of It, while Bill's leadership skills could inspire Mike Wheeler.
Another concept is to have the Upside Down merge with the Halloween spirit world. Characters from Stranger Things might find themselves in a strange hybrid world where normal Halloween monsters like vampires and werewolves co - exist with the Upside Down creatures. They would have to figure out how to survive and if there's a way to separate the two worlds again.
Another great concept is a crossover where Eleven's powers are mistaken for some kind of witchcraft by the Supernatural universe. Sam and Dean initially think she's a threat but then realize she's actually a powerful ally against a common enemy. They could be facing a powerful being that can manipulate time and space, and Eleven's telekinetic and telepathic abilities are crucial in defeating it.
One idea could be a crossover where the ninjas from Naruto enter the Upside Down in Stranger Things. They use their jutsu to fight the strange creatures there. Another could be characters from Stranger Things learning chakra control in the Naruto universe. Maybe Eleven could use her powers in combination with Naruto's Rasengan.
One idea could be that Naruto characters are transported to the Upside Down in Stranger Things. They use their ninja skills to fight the strange creatures there. For example, Naruto could use his Rasengan against the Demogorgon.
You could have an OC that is a transfer student from a different town where strange things have also been happening. This OC could have some knowledge about the otherworldly events that the kids in Hawkins haven't encountered yet. Or make an OC who is a scientist's assistant, secretly helping the main characters by providing inside information from the lab. They might also be in danger because of this connection to the scientific side of the mystery.
A Stranger Things crossover fanfic with the Avengers would be really exciting. The Hawkins kids could team up with the Avengers to fight off the Demogorgon which has somehow become a threat to the entire world. Or a crossover with Doctor Who. The Doctor could land in Hawkins and help the gang deal with the Upside Down, bringing his unique time - traveling and alien - fighting skills. Also, a crossover with the Ghostbusters would be fun. They could come to Hawkins to deal with the strange entities from the Upside Down using their proton packs.
Another idea is a crossover of the Upside Down and the Weirdness of Gravity Falls. Imagine Eleven using her powers in Gravity Falls and discovering new and strange things about the town. The kids might explore areas where the laws of physics seem to be a mix of both their worlds. For example, they could find a portal that leads to a place that has elements of both Hawkins and Gravity Falls.
One idea could be that the Upside Down from Stranger Things somehow connects to the multiverse in Marvel. Maybe Eleven's powers could be used to traverse different Marvel universes, leading to some really cool crossovers like Eleven meeting Scarlet Witch and having a power - off or learning from each other. Another could be the Demogorgons invading New York City in the Marvel universe, and the Avengers having to team up with the kids from Stranger Things to fight them off.