Crowd Funding For A Big Idea
If one has a great idea that requires capital and maybe s/he does not have the funds, online crowd funding could just be the perfect answer. This enables one to raise the amount of money required from various individuals and groups who are willing to support the project and have internet connectivity.
Online crowd funding is very much popular especially nowadays when people have turned to internet more than ever before. However, before one sets into the campaign of raising the money, it is necessary to identify the best site for the crowd funding.
There are several benefits for online crowd funding. One is that there is no requirement for future revenue, your company’s stake or control when one is being funded. Secondly, one is able to set realistic goals which can be met. This is because the successful projects are reported by the media and also one feels proud to share with friend on the progress of the funded project.
For a campaign to be successful, one requires to be very keen on some areas. It is important that the person requesting for funds create a good video that is of high quality and convincing which acts as the reference for the people funding the project. One could also offer rewards and incentives to the customers. This keeps them coming hence promoting the project.
When setting the project, one should set realistic goals. This is because people want to fund a project and not to enrich a person. The amount given by the top crowd funding sites is meant to cover the costs for the particular project. One should also be ready to promote the project throughout the entire episode. It is important for the person to make effort and reach the reporters and bloggers to write on the top crowd funding sites. One may be in a position to obtain mentions from main networks like Mashable, CNN among others which are important in the funding of the project.
Some of the top crowding sites are Kickstarter which funds creative projects such as cool watch or art installation.
Indiegogo is involved in approving fundraising donations for many projects such as music, charities, hobbylists among others. The crowd funding site has continued to grow internationally because they are flexible, are broad and started early.
Crowd funder is involved in funding businesses. It has an improving social network for the investors, small businesses, and social enterprises among others. It provides a combination of investment and donation based crowd funding for angel investors and also individuals.
RocketHub is involved in funding creative projects. They are very unique in the fact that their LaunchPad and FuelPad programs involved in assisting campaign owners as well as marketing partners with the aim of making the campaign to be a success.
These among others all aim at one thing; assisting in the success of a project. However, it is important to note that not all projects pass the test of donations. This means that some fail and are not funded. It is also important to note that with hard work and perseverance the donations might come your way and therefore aim for the best