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crowdfunding platforms

Fundraising activities with Crowdfunding Platforms

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Crowd funding events can be a good source to raise funds for a cause. Fundraising for a cause can serve as a sure-shot means to garner the requisite amount of funds needed for a charitable cause. Crowdfunding platforms can help in promoting and advertising fundraising events. Owing to greater and boundless reach of an online platform, crowdfunding platforms can help promote a fundraising activity to reach distances never explored before. We look into some creative fundraising ideas into greater depth in the trailing lines which can be started over crowdfunding platforms as a launching pad.

Activities to get, set and go on crowdfunding platforms

Fundraising ideas to kick start gathering of funds for a cause on crowdfunding platforms are plenty and galore. These ideas are aimed at reaching to the masses vide the outreach provided by these marvellous crowdfunding platforms. We present them in some details below.

  1. Dance the way: Dance shows are a great crowd gatherer and a good idea to kick starting a fundraising event for a cause. Volunteers can be engaged to perform dance numbers and organize the event in a gala way. Crowdfunding platforms can be used to spread the word of the show far and wide. Selling of tickets over these platforms and also offline can generate funds which serve as the requisite amount for the cause.
  2. Match the needs: Organizing a charity sports match between groups of volunteers and arranging for audiences vide crowdfunding platform can generate a good amount of fund to support a cause. Charity soccer match or basketball match or the like can attract a lot of attraction from sports enthusiasts. Promoting a charity match over crowdfunding platforms can help spread even better awareness, boosting audiences and in turn generating greater funds collected to support a cause.
  3. Ramp walk the hill: Organizing a fashion show involving volunteers with creative dressing from the volunteers themselves and promoting the event over crowdfunding platforms can help generate funds for a cause. Charging of entry fares for the event can be used as funds for funding a cause.
  4. Teach and gather: Volunteers can engage into teaching kids and generate funds through charging small amount of tuition fees from the students. Interested students requiring guidance in studies can be attracted vide crowdfunding platform and parents and guardians can be contacted through them. Sparing time for teaching can help the needy children in their studies and also generate much needed funds for supporting a cause.
  5. Baking Delight: Baking cakes, cookies, pastries or doughnuts and selling them for a price online over crowdfunding platforms can be an instant hit amongst baked-dish enthusiasts. These items can fetch a good sum for supporting a cause and be a good way to raise funds.

These are few ideas involving volunteers for supporting noble cause using crowdfunding platforms.

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Involvement of Crowdfunding Platforms in fundraising ideas for School

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With growing demands of education, it is difficult to pace up with times ahead. Schools thus raise funds and think of different activities to meet their fundraising goals.

Most of the usual methods used in schools to raise funds may not attract large funds for immediate needs. It is profitable to an extent but lack the return on investment to fulfil the needs of the school. There is a need to explore and make use of modern technology for effective fundraising.

With changing times and technology, fundraising has taken a strategic approach. You can raise funds using the internet through social media and other methods. One of the ways of raising funds over the internet is using the crowdfunding platforms.

Starting to raise funds through crowdfunding platforms

Crowdfunding is an activity to raise funds via the internet from a large number of people. It is an alternate way of raising funds to the conventional fundraising activities. Crowdfunding concepts have many crowdfunding platforms to fulfill various fundraising goals.

Choose the right crowdfunding platforms to suite your need. Be inspirational and clear in your goal. The crowdfunding platforms know their market well and help you tap the right source.

One of the top crowdfunding platforms is Myefunder. Myefunder is one of those crowdfunding platforms which uses social media to reach a wide range of audience. They do so by reaching them on Instagram, Tumblr, Facebook Pinterest and LinkedIn for updates and pictures.

The crowdfunding platforms fundraise through donation, equity-based investors and reward based methods. Refer their blog for more insights on crowdfunding on WordPress.

A combination of original ideas and the internet will accelerate the fundraising activities.

Funding ideas for school

  1. Use Art: Exhibit artwork, paintings, and clay items made by students. Run all day events like fancy show, fashion show with older students.
  2. Fest for fundraising: Put up different stalls. A combination of games, sweets, popcorn, drinks are a good attraction.
  3. Nursery area: Putting up a stall of different types of plants is a good idea too. You can sell plants from different local nurseries.
  4. Book sale: Ask students, teachers, and neighbors to donate their old books. A variety of books will attract more people to your stand. Advertise them through posters, flyers, or word of mouth.
  5. Pottery:  Pottery making is one of the many fun activities to raise funds. You can have students design their own pottery and sell it to the locals.
  6. Arrange flea market: Encourage friends and families to sell home made items in the market.
  7. Theme gift auction: Make small theme based gifts from different business groups and auction. You can top it with movie coupons, shopping coupons, book coupons or a gift voucher. Receive funds through a payment gateway and link it to your school website

These ideas are very well supported by crowdfunding platforms like Myefunder. These crowdfunding platforms can make the fundraising idea a hit like never before. Crowdfunding platforms have changed the face of raising funds. The crowdfunding Industry has opened up new avenues for fundraisers .It has boosted the original method of fundraising.

Type of Crowdfunding Platform to Choose

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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.

Keyword: crowdfunding, crowdfunding platforms, crowdfunding websites, online fundraising, ways to raise money, crowd funding sites, crowdfunding platform

5 Major Advantages of Online Fundraising

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5 Major Advantages of Online Fundraising

Crowd funding is a new way of online fundraising which can help entrepreneurs find investors easily, and find a proper platform where they can publicize their creative ideas in order to get lots of investors interested to put money into their projects. Efficient and cost-effective, crowdfunding platforms can go a long way to help you in getting your funds. It offers the 5 major advantages to any entrepreneur.

You can raise funds easily

It is quite difficult to raise the initial capital for any venture. But whether you have a business, a film, a social cause or even a personal cause to raise money for, you will find crowdfunding sites to be extremely useful. These save the time and effort needed to talk with bank authorities, apply for loans and inform about your business idea. If you are turned down by traditional lending organizations, these platforms can be a great alternative way to raise funds.

You can avoid risks

As a startup without enough business knowledge, putting your own money in the line can be an extremely risky proposition. However, crowd funding helps you avoid the risk of investing your personal funds. Even if the project fails, you will not land up with a financial emergency. You can even test risky business ideas with crowdfunding.

You can use the platforms for marketing

Crowdfunding platforms prove to be one of the best ways to raise money. Other than helping you with fundraising, it can also assist you with marketing. You can get vital marketing tips and ideas from experienced investors on crowdfunding sites, get them connect you with valuable business contacts and also get feedbacks from them about whether or not you need to fine-tune your business model in order to make it more successful.

You can promote your offerings before launch

There is also the advantage of being able to promote your products and services before actually launching them, and finding out whether they are actually able to generate some interest in potential consumers. You can also get valuable suggestions on improvement from online users on crowdfunding platforms and tweak your offerings to make them more suitable for consumers.

You do not have to offer stocks or ownership

With online fundraising platforms, there is no need for you to offer remunerations to your contributors in terms of money, equity or any special privilege. In exchange for funding, you may offer free tickets for concerts, t-shirts or mugs, discounted services etc.

Keywords: Crowd funding, crowdfunding platforms, crowdfunding sites, online fundraising, crowd source funding, ways to raise money

Top Crowdfunding Sites for Raising Capital

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5 Unique Crowd Funding Websites to Use for Gathering Finances

Are you considering opening up a business that requires taking a small business loan, you need to think about acquiring crowdfunding as a possible way of gathering investment capital for your venture. Those who know what is crowdfunding and how powerful it is come back to it again and again and exploit its power for online fundraising. This is actually a way of gathering funds from a large pool of contributors who might or might not be into professional investment of ventures. It makes use of the internet in order to gathers funds from lots of small investors. It works as a profitable strategy for business when you are unable to get enough venture capital or loans from traditional banks. The following are 5 unique crowdfunding sites that can be used for easy fund generation.

Prosper.com

This is one of the best crowdfunding platforms which offer personal loans as a substitute for investment capital options, credit card debt and bank loans. As a borrower, you can avail a fixed rate of interest. You may even get a short term, unsecured loan which can be paid back in the form of equated monthly payments. If you are fed up with asking for loans from traditional lending organizations, you may try this for a change.

Kiva.org

It is one of the specialized crowdfunding sites which make use of a global network of microfinance organizations that collaborate with self-organized teams which are ready to lend as little sums of money as 25 USD to poor borrowers from across the globe. Alongside funding projects, it is also a global community comprising of individuals who come together in order to pool their finances and help the poor people across the world.

RockThePost.com

This is another of the best crowdfunding platforms that is loved a lot by entrepreneurs, and used by them for online fundraising. Other than entrepreneurs, it also helps creative people, professionals and creators of projects to get in touch with investors and generate capital that can help them to set up an idea, project or business and grow the same. This business social network attempts to close the gap between potential investors and entrepreneurs and helps the latter to get money to get their projects started. The platform can also help entrepreneurs to get ideas and tips on getting their ventures started and make them successful.

StartSomeGood.com

People who know what is crowdfunding and its capability, love to make use of this project crowd funding website which is used by borrowers in order to raise the money that is important for using as capital. This site can be used to raise capital that is needed for financing diverse types of projects.

MyEFunder.com

Where crowdfunding for businesses is concerned, this is an ideal one for startups. It offers new entrepreneurs with a platform that can help them to attract potential investors as well as issue stocks in their own firms. The rules of this platform need a minimum of one accredited investor to invest in the firm, who has to also specify the initial value of the stock.

Keyword: crowdfunding, what is crowdfunding, crowd funding, crowdfunding sites, crowdfunding platforms, online fundraising

Crowdfunding Websites – 5 Tips to Compare Them

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Crowdfunding Websites – 5 Tips to Compare Them

You can find many crowdfunding websites on the internet, with each of them coming with a unique set of features. Some of these target particular niches, like filmmaking, music or journalism. Others serve any type of projects. Various crowdfunding platforms present various types of projects, and you can use the following 5 tips to compare them.

Check out various sites

First of all, you should browse through various online fundraising sites. Find out how they allow setting up of crowdfunding profiles. Check which elements are allowed – blog, present contributors, rewards for contributors, progress for funding, goal for funding, videos, images, descriptions, project titles etc. With these parameters, you can also evaluate other sites of this type.

Compare them depending on your requirements

Next, you should compare the crowdfunding websites on the basis of your project requirements. For instance, if your venture can be understood only in a visual manner, it is best to go for a fundraising website which can help you post videos and images. If you can describe your project only in words, you have to choose a website that allows you the same. If your venture is in a specific niche, you need to go for a crowdfunding site which allows you to target that particular niche.

Go through the terms and conditions

You should also properly go through all the terms and conditions of the online fundraising sites that you intend to use for online fundraising for your project. You can find two primary forms funding structures – however-much-you-raise or all-or-nothing. The second model lets you get finances only when your funding goal meets a particular deadline. If the deadline is not met, the funds are returned to the backers. Although this can seem a little odd to you if you are new to the concept, this model inspires a lot of confidence in potential investors and is quite successful. But if you do not like it, you can go for the first model.

Check out the fees

You should also check the type of fees that are charged by the crowdfunding website that you choose. It is better to go for one that charges lower fees, especially if you have a tight budget.

Test varied platforms

You should also do some amount of experiment. A lot of crowdfunding websites let you test them before actually making a pitch. You should try out 3 – 4 varied crowdfunding platforms in order to find the one that suits you the best.

Keywords: crowdfunding, crowdfunding websites, online fundraising sites, crowdfunding platforms, fundraising website

Top 3 Ways Crowdfunding Helps Entrepreneurs

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3 Main Ways Crowdfunding Helps Entrepreneurs

Crowdfunding is an alternative method of financing that many entrepreneurs of small businesses are opting for. It has helped many small business owners to get funds for their ventures. It is a type of crowdsourcing which is assisting entrepreneurs in bypassing traditional ways of funding and getting investment capital more easily from people known to them and even outright strangers. Know about 3 main ways in which this type of funding proves to be assistive to new entrepreneurs.

It helps use crowd resources

The major benefit of crowdfunding is that it can help you to build wealth from your venture without using your own resources. No one can run a business all alone. In the initial stages, you are likely to lack the skills and experience that is needed in order to set up a business and make it grow. With the help of crowdsourcing, you can tap into the resources of others who believe in your venture. You can get funds in the form of tiny equity investments from lots of backers. You can even get established entrepreneurs to help you with professional advice and probably also turn into your customers.

You can get proper market feedback

There is also the scope for you to get proper feedback from potential backers and customers on crowdfunding sites as well as get the amount capital that is needed for starting your venture. You can also get feedbacks and suggestions from backers about any adjustments that you need to do prior to spending bucks on manufacturing, operations and promotions. You can receive proper feedback from the market by doing a test launch, and avoid unnecessary wastage of resources. There is the scope to get assistive suggestions and feedbacks on improving your product or service from crowdfunding platforms and make it more suitable for your customers. You can indulge in bulk production once you get completely satisfactory responses.

You can get valuable contacts

There is also the chance for you to gain valuable contacts through socializing on the crowdfunding platforms. You can get a first-hand experience of how to market your service or products. With the help of good business contacts, you can find great teams to support you, more investors and better marketing skills. With crowdfunding sites, you can also get an idea of how many people are interested in your business. Even before the launch of your product, you can generate awareness about your offerings without spending on glitzy ad campaigns.

Keywords: crowdfunding, crowdsourcing, crowdfunding sites, crowdfunding platforms

How is Crowdfunding Better from Traditional Funding?

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How is Crowdfunding Better from Traditional Funding?

Crowdfunding has turned into one of the main ways of online fundraising. These days, this type of fundraising is not limited anymore only to specific products. It also includes raising money for films, music bands, books, games and many community ventures. Crowdfunding platforms offer a terrific platform to people who need to generate funds, and also provide them with ideas to market their venture. It can help them to let others know about their venture or product even before it is made. This type of funding is better from traditional funding in a number of ways:

Easier to find investors

With the help of crowd funding sites, you will find it comparatively easier to find investors for your business. In comparison, traditional funding needs a lot of effort and time and you have to persuade the investors and make them see the benefits of investing in your product or venture.

Scope of better networking

Crowdfunding platforms also offer a bigger platform for entrepreneurs to network with individuals and market their items or venture, or find investment for the same. With regular funding platforms, you can only get to network with a small number of individuals. As crowdfunding is a method of online fundraising, you can harness the power and scope of the World Wide Web to network with more people.

You can get better market information and feedbacks

Given the fact that you are able to introduce your item to lots of people simultaneously through crowd funding sites, you get the scope to acquire worthwhile feedback and info about the market. You do not have to research extensively about the market, as you can get feedbacks almost instantly. With traditional options for funding, there is no such information, feedback or scope for easier market research.

You can get funds more easily

On crowdfunding sites, you can find investors to be usually inspired by some innovative idea that they like and see profitability in. Naturally, you can easily draw funds in case you have a worthwhile or lucrative business idea. But traditional investors are generally motivated by the practicality of the idea, expansion, potential for making profits and revenue generation.

You can get better business control

With crowdfunding sites, you are able to retain the control of your business in your own hands. Investors will not force their own decisions over you, unlike in traditional funding where investors may attempt to override your plans and take control from your hands.

Keywords: crowdfunding, online fundraising, crowdfunding platforms, crowd funding sites, crowdfunding sites

Charity Event Ideas

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Charity Event Ideas – 3 Ways to Raise Money for Charity

Once you have decided on your charity event ideas, it is time to move on to something bigger – gathering funds for the charitable purpose. Everything needs money and a charitable cause needs large donations from hundreds of people to be a success. However, this is easier said than done. Charitable events are known to be preachy and boring, and getting people to actually contribute money – especially in the ongoing economic climate – is nothing less than a mission impossible. However, there are 3 effective ways to raise money that you can try in order to gather funds for your cause.

Crowd-funding

It has become quite popular in recent times as one of the easier and effective ways to raise money for everything from business to personal causes and charitable purposes. In order to get crowdfunding, you need to visit online crowdfunding platforms such as Razoo, Indiegogo, Kickstarter or RocketHub. You need to build an online fundraising page and advertise the charitable cause that you wish to raise money for. With the help of these platforms, you can get people interested in your cause and donate money for the same.

Angel Investing

Other than crowdfunding, you may also try Angel investors. These are generally experienced and well-established entrepreneurs who can offer funds and well as valuable connections and advice for starting a new business. If you have a charitable event to organize which would raise some money in the form of ticket or product sales, but you need some initial investment to set up the event, angel investors can be good to go with. Investors’ Circle, Tech Coast Angels and Golden Seeds happen to be some of the most popular angel investing networks out there and can get you in touch with potential investors. You can also join the online social network known as AngelList, which is used for debt investment or raising equity. You may build an online profile and get in touch with potential angel investors who would like to join their name with your cause out of goodwill or due to a lucrative marketing opportunity.

Charity Auction

You can also find this to be one of the best charity event ideas. It is one of the most effective ways to raise money quickly and substantially. Make sure that you buy a collection of great products which have a lot of demand. You may request your relatives or friends to donate second-hand items. You may also approach corporate firms in the locality to donate items for the auction and get free ads in return at the venue. This is another effective way, apart from crowdfunding platforms and angel investors.

Keyword: charity event ideas, crowdfunding, crowdfunding platforms, angel investors, ways to raise money