crowdfunding platform

Crowdfunding Platform – Fundraising Event Ideas

Fundraising has become an event liked by people from all walks of life to realize their funding requirements and these fundraising events gain even more with the help of a crowdfunding platform. Crowdfunding platforms are a great launching pad for fundraisers to promote and popularize their fundraising event. Crowd funding platform is the perfect pal to assist a fundraiser. With its unique and great reachability, a crowdfunding platforms ensures that a fundraising event gets advertised as much as possible.

A crowdfunding website has in store reachability unbound spreading across geographical barriers and political barriers alike. A fundraiser needs no more than this unique feature possessed by a crowdfunding platform, for its advertisement. A crowdfunding platform aids a fundraiser in ways more than one, a crowdfunding platform serves as a mediator between investors from different locations and fundraisers also from different parts of the world. Across a crowdfunding platform both the parties get an opportunity to understand each other better and discuss a fundraising event in totality and clarity. Some fundraising ideas to promote over a crowdfunding platform are described below.

Some fundraising ideas over a crowdfunding platform

Fundraising ideas can be promoted over a crowdfunding platform and can help a fundraiser raise the requisite amount of funds for a cause. Some fundraising ideas which can be promoted over a crowdfunding platform easily are-

  1. Online Donations: Donations can be a good way to garner funds for a cause over a crowdfunding platform. Donations in both monetary and as goodies can help the requirements for a fundraiser event. The only thing to keep a note of is to properly present the event to persuade people over the online crowdfunding website for donations. The more lucrative the presentation, the more donations pouring in from all over.
  2. Online auctions: Holding an online auction over a crowdfunding website can surely be an idea to raise funds for a cause. Auctions can be of items ranging of practically anything like daily use articles or articles seldom put to use and lying idle. These items can fetch a good amount of funds upon auctioning. The sum raised can serve the purpose for which fundraising is being carried out.
  3. Fun-filled events: Fun-filled events like a concert of sorts can certainly gather a lot of participation and to promote such a concert over a crowdfunding website can help extend the reach of the news of the event far and wide. Entry fares can be levied on interested folks which can serve the purpose as funds required for a cause. If properly organized, these events can serve in a big way in terms of funds raised.
crowdfunding platform

Everything you need to know about a Crowdfunding Platform

Introduction to a Crowdfunding Platform

During the past decade crowdfunding has become a  popular tool among emerging startups and businesses as an alternative source to raise finance for their venture. Even though this method is at its beginning stages, the future of crowdfunding remains bright. Augmenting the growth of this novel method and facilitating the link between the fundraisers and funders are the internet based sites popularly categorized as a crowdfunding platform. As you proceed through this article you will gain more insight to the world of a crowdfunding platform.

Classification

Unlike a one-on-one interactions between the capital seeker and the funder, a crowdfunding platform connects a large number of people to back a particular project which they find suitable enough. There are numerous platforms categorized as crowdfunding platform operational in the market, but most of them can be classified into two categories, on the basis of the types of services they provide, which include investment based and donation based. In the first case, the funders either get equity or some other monetary benefits for investing in a project whereas in the latter case the funder may get rewards like first access to the project, inclusion of their name in the project, etc. for their donation.

Pricing

Different types of crowdfunding platform follow different business model to price their services. Either they charge some percentage of the total funds raised or they initially charge the person for listing the project on their platform. Further, a crowdfunding platform may also charge the consumers for handling payments and providing other third party services

Market Development

Right now, most of the crowdfunding activities are limited to US and Europe which account for 80% of the total number of crowdfunding platforms worldwide with Europe consisting of 60% and America 20%. The most prominent crowdfunding platform among those is Indiegogo. Slowly and gradually these crowdfunding platforms are finding enough potential in the markets of developing countries like India.

Recent Trends

Many startups are further utilizing a crowdfunding platform to generate publicity for their ideas which has made these platforms an effective marketing tool. If a project is attracting a lot of interest on the crowdfunding platform, it may catch the attention of other offline sources of funding.

Conclusion

With the dearth of capital for many MSE’s and startups due to the lack of access to venture capitalist’s funds, or non-eligibility of bank loans, crowdfunding is becoming a major source of raising capital and the concept of crowdfunding platform provides an easy access to funds which are surely expected to grow further in the near future.

Type of Crowdfunding Platform to Choose

Type of Crowdfunding Platform to Choose

In the 21st century, crowdfunding platforms are becoming more and more popular among businesses, entrepreneurs and professionals. Crowdfunding is regarded as a viable alternative to conventional loans and borrowings and it is opted for by many startups and new businesses. This is a type of online fundraising which can help you gather funds quickly, and without a lot of hassles. However, it is important for you to choose the right crowdfunding platform, and the following tips will assist you in finding the best one for your needs.

Check the user traffic

Find out whether or not the crowdfunding platform enjoys high user traffic from search engines and referrals. Check the reviews and various sites that inform about the traffic count of such platforms. You will need a platform that is visited by lots of people, so that your marketing pitch is able to grab lots of eyeballs. Crowd funding sites that have high traffic are generally more successful, for obvious reasons.

Check the acceptance of projects

You should also check whether the crowd funding sites you are going for accepts the type of project that you would like to raise money for. Not all crowdfunding websites allow every type of project, and the least that you can make sure is whether the platform you are signing up with accepts your kind of project. A lot about online fundraising is choosing the right type of platform.

Check the success rate

It is also important for you to check the rate of success that is enjoyed by the platform. Evaluate the total number of campaigns on the crowdfunding websites that you pick. Sites like IndieGoGo and Kick Starter have lots of campaigns – many of which are successful. These have flexible policies in financing projects.

Check the fees

Crowdfunding platforms are one of the best ways to raise money, but you should check the project fees. For successful projects, most platforms charge a specific fee. However, some platforms charge a higher fee for pitches that fail to make the cut. You should check the percentage of fees and decide which one you would wish to go for.

Crowdfunding is undoubtedly one of the best ways to raise money for startup businesses. However, the platform needs to be chosen carefully – as it is one of the most important factors that can decide the success of a marketing pitch. You need a platform that justifies the time, energy and effort that you invest into it.

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How to Market Your Crowdfunding Campaign

4 Things to Consider Before Creating any Crowdfunding Marketing Pitch

The ongoing recession has made it more difficult for people to get the funds needed for setting up their startup businesses. This has also made crowdfunding more popular, and startup owners and even people with financing requirements for projects of all shapes and sizes are turning more and more towards this type of funding. However, not every crowd funding marketing pitch is successful and this is exactly the reason why you need to consider these 4 things before making a pitch.

Think about the business idea

First of all, you need to have a proper idea about the business plan that you intend to make a pitch for. Your business idea and model should be attractive enough for investors, and interest them enough to put their money into your venture. Analyze whether or not you have such a business model. You should also be clear about the kind of profits or rewards that you will be able to offer to your backers on crowdfunding platform in exchange for the investment.

Be clear about the capital

You should also have a clear conception about the kind of capital that you need. On crowdfunding sites, do not ask for less than the total amount of funds that you require for starting your project or venture. Make a list of the expenses that you will need to make, and work out an investment amount that will help your business to start comfortably. Make a pitch for that kind of funds on the crowd funding websites.

Consider the platforms

There are lots of crowdfunding sites on the internet, but not all of them accept all types of project. You need a crowdfunding platform that will accept the type of project you need to gather funds for. It is a good idea to research on the internet and know about various crowd source funding sites and find out which ones accept your type of business project.

Have proper marketing tools in place

Finally, you should also have the right marketing tools in place for your crowd source funding pitch. Once you create the images, videos and posts for your marketing pitch, show them to your friends and family members, even to outsiders, and ask whether they look up to the mark. If the feedbacks are negative, you should try and make them look as professional as possible. With amateurish creations, you cannot go too far with your crowdfunding campaigns.

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Gofundme

How to Use Gofundme for Raising Funds?

Since the recession, getting money for the initial investment has become harder for small businesses and private entrepreneurs without big money for support. This has led to the birth of crowd funding, a phenomenon that has become more popular in the US after it was directly mentioned in the JOBS (Jumpstart Our Business Startups) Act which aims at supporting funding of small businesses in the US by relaxing the security regulations. If you have a small business project that is relatively personal but need external backing nonetheless, GoFundMe is the perfect crowdfunding platform to go for.

What is Go Fund Me?

It is an online crowdfunding platform, similar to other online fundraising sites such as Kickstarter and IndieGoGo, and has been helping Americans all over the nation successfully raise funds for their business. If you have the power to move the crowd, you will be able to get donations for about any type of project. It comes with sensible fees and offers the scope to have your project get more visibility on the social media websites such as Facebook, Twitter and Google Plus.

What Can Go Fund Me Be Used For?

This platform for crowd funding can be used for raising funds for practically anything. It is one of the best ways to raise money, whether you are a private entrepreneur fresh out of a B school with a bright business idea or a young college student who is trying to gather money to complete his education. Even if you have a blog or website and need some funds to pay for your domain name and web hosting, you can get the registration fees covered with funds that you accumulate from the website.

How to Gather Funds on Go Fund Me?

You can use a wide variety of strategies and techniques to raise funds, as GoFundMe is undoubtedly one of the best ways to make money. Even more than other crowdfunding sites like Kickstarter and IndieGoGo, the key here is to focus on higher visibility. Without taking the help of any paid online advertising services, you can simply rely on the social networking websites to promote yourself aggressively. Post frequently on MySpace, LinkedIn, Facebook, Twitter and Google Plus pages and upload high quality videos to your own channel on YouTube and add links to the posts on your own GoFundMe profile page. It is important to be patient, and you will begin to see success in a matter of a few weeks with persistence and smart endeavor.

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5 Online Fundraising Websites for Various Projects

5 Online Fundraising Websites for Various Projects

In the last few years, crowdfunding has begun to be used more and more by entrepreneurs who dare to dream big but do not have deep pockets. This type of crowdsourcing is regarded as the ideal way of raising funds for projects which need massive investment. If the project is scalable and seems to have potential, it can be easier to get financial support from backers. If you feel that you have a great project idea that needs some financial backing, here are some top crowdfunding websites that can help you to launch your crowdfunding campaign.

LendingClub.com

This is an innovative lending platform which can help members to invest and borrow money directly from lenders, but at much lower rates than offered by banks. When traditional funding is not available, this type of financing can be a proper solution. This is one of the best online fundraising sites that can help borrow money with ease, and not go for loans.

Profounder.com

It is quite different from other crowd funding sites such as Startup Addict or Kickstarter, given that it is dedicated completely to funding of companies by getting hold of investors who would like to get return on their investment in the form of a share of the generated revenue. The fundraising website also offers a marketing platform which can promote your enterprise on the social networking websites and other online media. The site can be used for free to create offer and pitching for investment.

Peerbackers.com

This crowdfunding platform is targeted especially towards entrepreneurs. However, unlike many of the other crowdfunding websites out there, it lets entrepreneurs get their funds when 80% of pledges are attained. Similar to most other online fundraising sites, it does not allow entrepreneurs to debt or sell shares for the investment. Rather, the entrepreneur offers various rewards, such as samples of his products on the basis of the investment size.

MyEFunder

This site is meant for crowdsourcing projects. This is a project funding system that is threshold based, in which investors can get the money only when the threshold level is satisfied. If the level is not met, the money is given back to pledgers. It allows raising money for all types of startups, including non-profit organizations.

Crowdrise

This fundraising website is meant for gathering funds for projects that attempt to create a better world. It is the perfect crowdfunding platform that is driven by charity, although it can also be used for gathering finances for personal projects.

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How to Make Great CrowdFunding Campaigns?

How to Make Great Crowd Funding Campaigns?

These days, crowdfunding is becoming more and more popular. The competition for pledges and page views is getting tougher, particularly on the portals which simultaneously display many live projects. More people are trying to know what is crowdfunding and how it can be beneficial. Many businesses are trying to get tips on the right ways to create successful crowdfunding campaigns and optimize the same. With the following tips and tricks, you can have the greatest chance to satisfy your monetary goals and take your dream projects off the ground.

Create a proper media page

Famous crowd funding projects are often featured in the print media. But this is unlikely to occur for you unless if you have a proper website and enough press material that can easily be downloaded by many journalists. Keep in mind that even as the sole person running the campaign you must not depend only on your own Facebook page. Remember that if journalists are unable to gather much info about your project, they would instead focus on other projects and promote them.

Keep communicating

Whether you have good news or bad, it is important to keep the backers abreast with fresh input. Regularly posts on your crowdfunding platform page, and keep the activity going on even when the campaign has come to an end. Those who know what is crowdfunding and how it works will always advise you about regular communication with supporters.

Build a reward scheme

It is another effective online fundraising strategy that pays off big time! No matter which crowdfunding platform you are using, create an attractive reward scheme consisting of varied price points. This is one of the fundraising ideas fiercely recommended by experts.

Build a personal touch

One of the basics of online fundraising is to introduce your team to your backers. Build a personal rapport and let backers know the individuals behind your project, whether you are a start-up or a major organization.

Create interesting videos

Where fundraising ideas go, this one cannot be ignored. With video clips, you can provide visitors with a better idea about your project. Invest a bit into the video production and make it high quality stuff, to attract backers with big pockets. This will be a worthwhile investment for sure! Make sure that the video is high quality and speaks of professionalism from every possible angle, or you will end up ruining your campaign’s credibility.

MyEFunder

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Get the Funding You Need For Your Project

Get the Funding You Need For Your Project through the Best Fundraising Ideas

The truth is that there are many fundraising ideals but only few are effective and efficient to produce required result. So, you need not to contact a company that is not knowledgeable in fund raising when you want to fund raise for any reason. More so, you need to ensure that you hire a fund raiser that is current about the latest ideals in fund raising. These and more are what made it important for you to know https://www.pinterest.com/myefunder/ .

The Fundsourcing Ideas That Work

Whether you are sourcing for fund or you are planning to fund raise, there are needs for you to contact an expert for the service. There are many fund raisers that normally give their clients deadline for them to get certain amount of fund. Working with such fundraiser can make you lose everything and even be in debt. That is why you need to link up to the aforesaid link for easy fundsourcing experience.

Be In Control of Your Donated Fund through the Reliable Fundraiser on This Site

Apart from the fact that you will enjoy freedom without any set deadline for your fundraising when you leverage the service rendered on https://www.linkedIn.com/company/myefunder/ you are also going to stand chance of being in charge of your fund. There are no penalties for missing fundraising goal as there is nothing like goal in the first place. So, you will enjoy total freedom when you make this link selected for fundcrowding.

The Right Site You Need To Enjoy Equity in Your Fundraising on the Internet

Before going ahead to hire any fundraising expert on the internet, you need to know more about equity as regard the service of the company. Then what is equity as you may like to ask, it is simply fairness and treatment of others with justice and fairness. For that reason, you have to ensure that you contact a company that has equity as their watchword when you want to hire any company for your crowd funding.

A Must Know About Crowd Funding Sites on the Internet

Indeed, http://myefunder.com is the right site you need to know when you want to fund raise for any project. The truth is that there are multiple and other renowned fund raising sites which you can find inside this site mentioned above. That is why you have to confirm the content of this site when you want to fund raise.