Month: July 2016

crowdfunding medical

What Does Crowdfunding Medical Expenses Mean?

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Crowdfunding has seen an exceptional change in the past few years. Its application has spread over several areas. One of the recent additions to this list is crowdfunding medical expenses. A decade back, raising money for medical purposes was a difficult task which left the patient as well as their family under the burden of a lot of medical debt.

Nowadays, crowdfunding medical expenses have introduced a revolutionary way to raise money for all the medical purposes online by asking the support of relatives, friends and acquaintances.Crowdfunding medical expenses basically refer to the practice or a way to raise monetary supports through online platforms from friends and relatives who are willing to help.

Are crowdfunding medical expenses beneficial?

Crowdfunding medical expenses and bills can prove to very beneficial as it can help to reach a wider audience in less amount of time through online platforms. Crowdfunding medical expenses also serve as a better alternative than most of the offline methods as it requires lesser efforts from individuals than the offline fundraising. Also, social media sites act as an important medium to publicize the crowdfunding medical expenses campaign.

Through the tool of social media, any crowd funding medical expenses campaign can reach a wide number of audience in a very less time. It was not possible to reach a large number of people through the offline fundraising events and it also required a lot of time to plan as well as execute these events. These crowdfunding events were restricted to attract people from a particular area due to limited publicity.

With the advent of crowd funding medical expenses, the visibility of a campaign has increased and the crowdfunding medical expenses campaign is able to attract as many supporters as it needs.

Crowdfunding medical purposes have come as a new hope for people and can help patients in times of any accidents or emergency. Medical help and care require a lot of money and nowadays medical expenses have become a major concern for people with average income. If a person is struck with a medical emergency, it becomes very difficult as well as burdensome for the family of the patient to collect enough money for all the medical expenses. In such cases, crowd funding medical expenses can prove to a better alternative to pool in money for these expenses.

Raising funds through crowdfunding medical expenses campaign is not as simple as it looks and can be very tricky. It requires a lot of work as well as patience to create as well as execute a crowdfunding medical expenses campaign which can help to raise the required fund. It is also important to have a good social media network so that more people can come to know about the crowd funding medical expenses campaign.

It is also very necessary to devote a lot of time during the crowdfunding medical expenses campaign and promote it as much as possible to make it successful. Sharing personal experiences and stories can also help to boost the campaign and attract the supporters to contribute their money to the campaign.

Crowdfunding music

What Is Crowdfunding Music? How it works?

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With the increase in crowdfunding, the number of domains in which crowdfunding can be used has also increased. One of the new additions to the area which uses crowdfunding to raise funds is crowdfunding music. Crowdfunding music can be very helpful for new and budding artists to raise funds for their studio or tours. Crowdfunding music can be beneficial for an individual artist as well as a band.

Funds can be raised with the help of existing fans who are interested in the music of the artist or by creating a new fan base for the crowd funding music campaign. Crowdfunding music also provides a platform for an artist to connect with their fans as well as create a number of fans in the process. There are many sites which have emerged nowadays for the purpose of crowdfunding music.

Is crowdfunding music beneficial?

About a decade ago, crowdfunding music was not an option which an artist will choose as most of the artists were associated with record labels. In the current scenario, many artists as well as musicians are trying to fund their albums, concerts, and tours individually through different mediums. The most popular medium nowadays is crowdfunding music through several online platforms and creating a fan base who can pool in money for an album.

Crowdfunding music can be very beneficial for an artist as it will help a musician gain monetary support as well as create a lot of fans for an album before its release. Crowdfunding music also creates a new way for artists to interact with their fans and gives them a chance to show their personality to the fans.

Crowdfunding music is basically done in many ways. The most popular way in which crowd funding music is carried out is the reward-based crowdfunding which involves giving some gifts or prizes to the contributors in return for their support. The gifts and prizes can be anything like the autographed copies of the album CDs, a poster, tickets for the concert, etc.

Crowdfunding music requires the right platform which can help to attract and reach as many people as required to reach the crowd. It is also necessary to have an existing social networking crowd to make a campaign successful because these people will be the early contributors to the campaign as well as the major source of publicizing the campaign. These early contributions also play a key role in the raising the further support as people like to invest in projects which have a lot of fan-following and backing.

Crowdfunding music can also prove to be very tedious as well as time taking as it requires constant effort and contributions from an individual’s end. Showing gratitude towards the supporters as well as giving regular updates of the use of money is important to keep the existing supporters onboard. One of the most important keys to the success of a crowd funding music campaign is publicizing it as much as possible on different social media sites. Although, crowd funding music is a big responsibility and requires a lot of time, but if it carried out in the right way, an artist can be benefitted a lot from it.

crowdfunding marketing strategy

Some Crowdfunding Marketing Strategy

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The term crowdfunding refers to a new way in which funds can be raised or collected from several people through online platforms. With the increase in the prospects of crowdfunding, the competition involved in this field has also increased day by day. Everyone is trying to find some crowdfunding marketing strategy which can help them reach their goal.

The crowdfunding marketing strategy is a guide which can help an individual throughout the process of the campaign. Before starting a campaign, it is very necessary to have a blueprint of all the ideas in order to execute it properly. Crowdfunding marketing strategy provides a way to systematically plan out these ideas so that all the necessary step is taken to make the campaign successful.

Which crowdfunding marketing strategy should be followed?

Having an efficient as well as well-planned crowdfunding marketing strategy can prove to be an asset for a crowdfunding campaign. Every crowdfunding campaign requires different crowd funding marketing strategy as well as approach, but the group of people involved in all the crowdfunding campaigns are more or less the same. The first group of people involved are the ones which are the loyal supporter of the campaign that is, the network of family, friends, and acquaintances.

The best crowdfunding marketing strategy to gain the support of this group is to make ask for funds from these people in a very personal manner. It is also a good crowd funding marketing strategy to keep them updated as well as show them gratitude at some interval time to keep them in the loop.

The next category of the supporters are the strangers, followers or other people from social media sites. These are the people towards whom the crowdfunding campaign is targeted. The best crowdfunding marketing strategy to gain the support of these people is to make a campaign attractive as well as interesting to grab the attention of this crowd. The network of friends and family, as well as the new supporters, are the best way to share the ideas of the project and publicize the campaign.

Another important crowdfunding marketing strategy is to make sure that the right crowdfunding platform is selected. There are many crowdfunding platforms available today and the best crowd funding marketing strategy will be to choose a platform which is well-suited for that particular project. Also, it is a good crowdfunding marketing strategy to choose a platform with high visibility, so that the project or campaign can reach as many people as possible.

Before kick starting the campaign, the best crowd funding marketing strategy will be to create a goal which is neither too high nor too low to achieve. An important crowdfunding marketing strategy is to focus the campaign on a target audience instead of trying to please everyone.

A campaign which offers rewards in return of the contribution grabs a lot of attention and support. It is an advisable crowdfunding marketing strategy to ensure that all the supporters get something in return for their contribution to the campaign. Following the right crowdfunding marketing strategy can prove to be an important key to the success of a crowdfunding campaign.

crowdfunding demographics

Crowdfunding Demographics – Numbers Matter

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Crowdfunding is an ever-growing industry and it is changing rapidly. There is no one way of gaining success in this industry. It is, therefore, important to have crowdfunding demographics of various entities related to crowdfunding.

These crowdfunding demographics can help to analyze different crowdfunding trends. All the key trends from average amount raised to impact of publicizing on the funds, every changing trend can be thoroughly analyzed by crowd funding demographics.

Through these crowdfunding demographics, one can figure out which crowdfunding platform to choose, how much their idea can raise, what attracts the contributors towards the campaign, etc.

How are crowdfunding demographics beneficial?

People who are aspiring to open their own startups or business nowadays are far more fortunate than those people in the past as now they have a big advantage. Nowadays people have various crowdfunding demographics data they can refer to.

Earlier,people aspiring to open their startups or start a new business had to rely on limited surveys and advices from those having established their businesses. Nowadays, with the help of online sites people can get various crowdfunding demographics which can guide them through the statistics related to crowdfunding.

These crowdfunding demographics can help an individual to solve the problems related to the launch of their project or business and also help them to gain insight about the customer requirements.

The crowd funding demographics may be able to change how crowdfunding campaigns are working. Crowdfunding demographics can give some statistical proves to show what is the best trend to follow during the campaigns.

Though many entrepreneurs are not that willing to analyze loads of crowd funding demographics data, but if they look at the bigger picture all these extra work may not be that bad. These crowd funding demographics can be their best guide to make their campaign successful. The crowdfunding demographics can actually make the crowdfunding campaign to go the next level and make it different from the other competitors.

Before going through the crowdfunding demographics from any site, it is also important to be aware of the source from where these crowd funding demographics are coming. Make sure that the crowd funding demographics are taken from a reliable source before referring to them.

According to some statistics the successful campaigns on various crowdfunding sites are able to raise the average of approximately $7000 and the time period of a campaign is around nine weeks. It is also seen from some crowdfunding demographics that percentage of men trying to crowdfund their project outruns the percentage of women.

Some crowdfunding demographics even discovered that there are many senior citizens who are trying crowdfunding. Though the individuals between the age group 25-45 are more likely to turning towards crowdfunding for the funds for their projects, but the people above 65 years are also turning towards crowdfunding as a source of financial backing.

The crowdfunding demographics also show that social media sites like Facebook, Twitter, LinkedIn, etc. are playing a key role in publicizing the crowdfunding campaigns and gaining the attention of more and more people. Though the numbers alone cannot guarantee a successful campaign, but their reference can be very beneficial for the crowdfunding campaign.

Crowdfunding equity

What is Crowdfunding Equity?

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Crowdfunding is the process through which an individual can raise funds for their project or business venture. It has been gaining popularity in the past few years and it is mostly done through online platforms like Kickstarter, Indiegogo, etc. There are mainly four types in which crowdfunding is done. The first is crowdfunding equity, crowdfunding debt, donation-based and reward-based.

Crowdfunding equity has become the most popular type of crowdfunding these days. The term crowd funding equity means trying to raise funds for a project or business venture in return for the shares in the particular company or business. Crowdfunding equity is also sometimes known as crowd investing or crowd equity.

Is Crowdfunding Equity beneficial?

As crowdfunding equity deals with shares and stakes in a commercial company, it involves the certain regulations like financial or security. Crowdfunding equity is a two way process and involves contributors giving funds to receive a small stake or share in the company or business they are funding in.There is always a risk for the contributors that if the business or company doesn’t go well, their

There is always a risk for the contributors that if the business or company doesn’t go well, their investment as well as current shares in that company will be unfruitful. The converse of this is also true and if the business does well it can be very beneficial for the shares of the contributors.Nowadays

Nowadays crowdfunding equity is said to be best suited for new startups and crowd funding equity can prove to be really beneficial in laying out the foundation of the startup.

In the past people having a specified annual income were allowed to invest in crowdfunding equity, but with the enactment of JOBS Act the doors of crowd funding equity has opened for many investors.

Crowdfunding equity is further classified into two types and they are equity-based and debt-based. Though equity based crowdfunding as debt-based crowdfunding was often confused in the past and sometimes were even thought to be same.The main reason behind the confusion between them is the fact that the regulations for both of them are pretty much the same. While equity-based classification of

The main reason behind the confusion between them is the fact that the regulations for both of them are pretty much the same. While equity-based classification of crowdfunding equity deals with the raising of funds for a business in return for the shares in the company whereas debt-based crowdfunding deals with the raising of funds in exchange for the interest payment along with the payment of the money given by the contributor.

It is very important to go through the different laws and regulation about the crowd funding equity before going for it. There are many laws related to the security and financial issues as it involves investment in a financial company. So, it is very necessary to keep oneself aware of these law as and regulation before proceeding with crowdfunding equity.

One benefit that crowdfunding equity has over the other types is that in some places it offers relief from tax payment. In some places crowd funding equity falls under the Seed Enterprise Investment Scheme or the Enterprise Investment Scheme, which helps in relief from the tax.It

It is however, necessary to go through all the criteria of these schemes.There are many crowd funding equity sites available nowadays like CircleUp, OfferBoard, etc. which exclusively deals with crowdfunding equity.

Crowdfunding documentary

Crowdfunding Documentary – Creativity at its best!

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Crowdfunding has changed and revolutionized how an individual tries to get financial support for their project. There is hardly any field left now where crowdfunding is not being used. The latest addition to the various field using crowdfunding is how small and independent filmmakers use crowdfunding to gain funds for their short films, documentaries, etc. Crowdfunding documentary has seen a rise in the recent times.

Crowdfunding documentary changes the way new and independent filmmakers are trying to get the funds to make their films. There are many examples of a successful crowd funding documentary campaign and more and more filmmakers are opting for it nowadays.

Is crowdfunding documentary beneficial?

Crowdfunding documentary has given the small and new filmmakers a chance to make their own documentaries without worrying much about the investors and sponsors. Crowdfunding documentary not only provides the filmmakers the opportunity to get funding for their documentaries, but also helps them in the publicity of their documentary or short-film.

Many small filmmakers often prefers to work independently and because of no connection with a studio, it becomes hard for them to get funds for their documentaries. This is where the crowd funding documentary comes into picture.

Some filmmakers are also known to ensure the attendance of the audience during a film festival through the crowdfunding documentary option. Filmmakers also use crowd funding documentary to sell their film directly to the public or to raise enough funds so that they can self-distribute their film.

While going for crowdfunding documentary, there are many things to be considered before starting the campaign.One must think thoroughly about the platform to be selected for the crowdfunding documentary campaign because it will decide the visibility of the campaign and ensure that it reaches to a large number of people.

The platform for the crowd funding documentary campaign determines all the decisions which impact the way the movie will be viewed by the audience. It all helps in promotion of the movie before it has even released.

After choosing the right platform, it is very important to create a crowdfunding documentary campaign which can attract as many contributors as possible. The best way to do this is giving a personalized touch to the crowdfunding documentary campaign.

An individual can create a trailer of the documentary which could help in igniting the interest of the audience. Before setting up the crowdfunding documentary campaign page, it is necessary to set a goal for the campaign and also the time limit to achieve it.

Creating certain incentives for the contributors can give a boost to the crowdfunding documentary campaign as everyone likes to contribute in something where they can get something in return. The gifts can be anything from a pass to watch the documentary, the DVD of documentary or signed posters, etc.

It is also important to keep the contributors updated about the production of the film as well as the way their money is being used.

This will help maintain their interest in the campaign. Along with managing the existing contributors, it is also necessary to spread the visibility of the campaign to as many places as possible. Publicizing the campaign on social media sites like Facebook, Twitter, etc. can be of great help. There have been many successful examples of crowdfunding documentary and if it is done properly it can be a great way of financing a documentary.

Crowdfunding commercial real estate

Crowdfunding Commercial Real Estate

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Commercial real estate has been the top industry nowadays, but for many investors this domain is almost unknown because of the various restrictions which allowed only a selected group of people to invest in it. Commercial real estate basically deals with any property which serves the purpose of getting some king of income. With the advent of crowdfunding commercial real estate, this domain has become accessible to even small investors.

Crowdfunding commercial real estate has helped small and new investors to participate in this domain. With crowd funding commercial real estate, the number of people investing in commercial real estate has increased in the past few years.

How is crowdfunding commercial real estate beneficial?

In the past, commercial real estate was limited to only some investors who had private contacts and had enough annual income to be able to invest a large amount of money in real estate.  Individual and small investors were often not able to participate in investment in this domain. With the enactment of the JOBS Act in the year 2012, which led to the foundation of crowdfunding commercial real estate.

Crowdfunding commercial real estate allowed individual as well as small investors to contribute in this field and the money invested could even be as low as some thousand dollars. With the advent of crowd funding commercial real estate, this forbidden field became accessible to all the individual as well as small investors. Crowdfunding commercial real estate has many exclusive features and is in no way similar to other types of crowdfunding and this is the reason it has been able to attract a large number of people.

There are several crowdfunding platforms available today which helps in overcoming the problems related to crowdfunding commercial real estate. It has become easier to connect with investors and make them contribute in crowd funding commercial real estate. Crowdfunding commercial real estate provides the investors the opportunity to invest in various types of commercial real estate like healthcare facilities, office buildings, residential buildings, etc.Investing and owning a commercial real estate also offers some advantages and benefits related to tax payment.

With the help of crowd funding commercial real estate, the investors as well small companies are gaining some advantages. Crowd funding commercial real estate has given an alternate and easier ways to these small companies to raise funds. Crowdfunding commercial real estate helps them in avoiding the hassle caused by other traditional sources of money.

Even though crowdfunding commercial real estate has many benefits, it doesn’t come without a few shortcomings. Investing in crowd funding commercial real estate is not as flexible as in stocks or anything else. Also most of the sites for crowdfunding commercial real estate serves only Accredited Contributors which again restricts it to a particular class of the public.

Even with these few disadvantages, crowdfunding commercial real estate has given a new face to how an investor can contribute in real estate and how small companies can raise the funds required. The world of commercial real estate is changing and becoming more accessible through online medium and this change was highly awaited.

crowdfunding best practices

What are some Crowdfunding Best Practices?

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With the advent of crowdfunding a lot has changed in the way funds are raised for a project or business venture. Crowdfunding has seen a lot of growth in the past few years and almost every field is employing it to raise funds. Along with its growth, the competition for getting crowdfunded is also growing day by day. There are many crowdfunding best practices which needs to be followed to take care of all the components that can help in making a crowdfunding campaign successful.

These crowdfunding best practices are very necessary to create an effective as well as strong campaign. There are many things to be considered while launching a campaign and these crowd funding best practices can serve as a guide for an individual so that they don’t miss out on something.

Some crowdfunding best practices to follow:

Proper planning and preparations are the keys to a successful campaign and crowdfunding best practices can prove to be very helpful in guiding through the planning process. The first crowd funding best practices says that whether a campaign will be successful or not depends on the amount of work which is done before its launch.

The crowdfunding best practices which should be followed before the launch is more important than the crowd funding best practices which is to be followed after the launch. It is important to get the word out before the launch of the campaign so that more and more people in an individual’s contact list are aware of the campaign.

The second crowdfunding best practices would be to think about an achievable goal that is, the funds which are expected to be raised with the help of the campaign. If the guide of crowdfunding best practices is to be followed, it is advisable to select a goal which is neither too high nor too low. It is also necessary to select the required time for achieving the goal carefully. It is vital to realize that the longer duration of the campaign doesn’t ensure its success.

The next important crowdfunding best practices is to choose a right platform to give the campaign a good start. According to the crowd funding best practices guide, it is important to select a good platform as the visibility of the campaign depends upon the platform.

It also helps in making the campaign interesting and attractive enough to attract contributors. A crowdfunding best practices would be to do thorough research about the past failures or success of the crowdfunding platform and also see the amount which was raised in a similar project.

An advisable crowdfunding best practices will be to think about some kind of reward or prize which the contributors can get in return for the money they contributed. According to crowdfunding best practices guide, this often helps to attract more supporters and motivate them in being a part of the campaign.

A good crowdfunding best practices would be to create a moving or compelling story about the campaign and try to give a personalized touch to it. The most important crowdfunding best practices would be to donate as much time as possible in the campaign and in the end all the time might be worth it.

Crowdfunding on facebook

Crowdfunding on Facebook – Let the World know!

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There has been a steady rise in the number of projects that are seeking crowdfunding as a means of getting funds for their launch. With this growth the competition among the people who are trying to get their projects crowdfunded as well as the crowdfunding platform is growing. It is pretty obvious that for publicizing a campaign social media sites are the best with Facebook being the most popular social media site. Crowdfunding on facebook can prove to be most effective way to spread the news of the campaign to a large number of people.

Crowdfunding on facebook can ensure that an individual’s network of family and friends come to know about the campaign and also new people will hear about it.

Is Crowdfunding on facebook beneficial?

Crowdfunding on facebook can be very beneficial for the campaign if it is done properly. An individual needs to be very careful about crowd funding on facebook as there are many ways it can end up being a disaster. Facebook is generally used to connect with family and friends, but crowdfunding on facebook can prove to very different and getting facebook to publicize a crowdfunding campaign can be a completely new and different.It is necessary to think thoroughly before posting about the

It is necessary to think thoroughly before posting about the crowdfunding on facebook. It is very important that people get engaged to the post regarding crowd funding on facebook.

When posting for crowdfunding on facebook make sure that a picture or some type of graphics is posted along with the link. This will help to grab more attention and attract more people towards the crowd funding on facebook campaign. After grabbing the attention with some graphics, it is necessary to give some information about the crowdfunding on facebook campaign. It is advisable to keep the description short, but interesting and informative.

It is also very important for crowdfunding on facebook to keep the audience engaged and interested in the campaign as the number of likes and share a post gets decides its rank in the news feed.

There are many mistakes which an individual commits while crowdfunding on facebook which can lead the campaign to a great failure. It is important to understand that crowd funding on facebook consumes a lot of hard work as well as time and one cannot leave it on the followers to spread the word about the campaign. It is important for the crowdfunding on facebook to maintain the interests of all the followers and engage more audience by devoting time in the campaign.

It is also helpful for the crowdfunding on facebook to build a trusting relationship with the audience. It is important to not showcase the need for money, but to show the audience what’s in it for them.It is important to create some incentives for the supporters to keep their interest piqued. These can be small gifts or rewards which are unique and shows them their importance in the campaign. It is important to not come off as desperate for the funds and publicize the campaign in the right way on Facebook so that it doesn’t create any bad publicity for the project.

Crowdfunding companies

Crowdfunding Companies – Paving way to Success

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Crowdfunding has come as a new revolution for people who are trying to get funds for their project or venture. Though there is no guaranteed success, but the risk involved in it is also minimal. Crowdfunding companies can be a great alternative to raising funds for the launch of a company and its functioning.

Crowdfunding companies help avoid all the lengthy procedure and hassles of taking a loan from a bank or convincing an investor to invest in the company. With crowdfunding companies, an individual gets to be the sole decision-maker of his project and with proper planning, it is possible to raise all the funds required to launch a company.

Is crowdfunding companies beneficial?

According to some experts,crowdfunding companies is not such a great idea. The reason being this can be attributed to the fact that crowd funding companies can be a very time-consuming work and if a company is new, it becomes very tedious to manage the crowdfunding companies campaign and the working of the company. This can lead to failure at both fronts. Also,crowdfunding companies possess the risk of plagiarism and may expose the idea behind the company or project to online plagiarism.

If going for crowdfunding companies has already been decided, then it can prove to be beneficial if time management is done properly. The best way to start the crowd funding companies campaign is by making sure that the goal of the campaign is set properly.Along with the expected funds to be raised through the

Along with the expected funds to be raised through the crowdfunding companies campaign, the time required to raise it should also be chosen wisely. Before launching the crowdfunding companies campaign, it is also essential to let people in an individual’s network of family and friends know about the campaign. This will ensure an initial pool of contributors as well as a mechanism to publicize the crowd funding companies campaign further.

For crowdfunding companies, it is also essential to choose the right platform to launch the campaign. It is important to know the past success and failures of the crowdfunding platform before launching the campaign there. Researching about how much the platform was able to raise for a similar campaign can also be beneficial as it can help determine the potential of that platform in the required area.

Crowdfunding companies can utilize any crowdfunding model. From equity crowdfunding to reward-based crowdfunding, all the types of crowdfunding has their application in crowd funding companies. Equity crowdfunding deals with the exchange of the stocks or shares of the company in return for the contribution.Reward-based crowdfunding deals with giving some

Reward-based crowdfunding deals with giving some rewards and prizes in return for the monetary funds. Any crowdfunding is suitable for crowdfunding companies, but care should be taken about the planning of the crowdfunding model.

For a campaign to be successful it is essential to make it attractive enough to grab the attention of the contributors and also be informative enough to make the idea of the company clear. The most important thing to make the campaign successful is publicizing the campaign as much as possible. The publicizing can be done through social media sites as well as by sending occasional email newsletters.