Thursday 5 November 2015

Crowdfunding Basics: Everything You Need to Know to Crowdfund Your Next Project


In digital era, crowdfunding has emerged as a great medium for startups and early stage companies to raise funds by reaching out to masses. Crowdfunding means receiving donations from people who you believe will like, support the idea of your business.

Right Platform

Picking up a right platform among over 600 crowdfunding platforms world over is the matter of paramount importance to ensure the success of your crowdfunding campaign.
Rewards-based crowdfunding and equity crowdfunding are the most popular categories of crowdfunding. Indiegogo and Kickstarter are used as the most common platforms for the former, whereas Crowdfunder or Circle Up should be on your list if you are going for the latter.
Engaging Story to Tell Your Target Group
A great story to tell about you or your project increases your chances to achieve your crowdfunding goal by many folds. You need to pitch your story in such a manner that it engages people and encourages them to donate as much as they can afford.
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