Crowdfunding is a way to raise funds for a specific cause or project by asking a large number of people to donate money, usually in small amounts, and usually during a relatively short period of time, such as a few months.
Crowdfunding is done online, often with social networks, which make it easy for supporters to share a cause or project cause with their social networks.
Organizations, businesses, and individuals alike can use crowdfunding for any type of project like charitable causes. creative projects, business startups, school tuition, or personal expenses.
- Crowdfunding campaigns – let you set up a page to describe, promote, and post updates about your project, especially with video.
- Accept online donations
- Are easily and highly shareable on social networks
- Specify the kinds of projects or campaigns that can be on the site (e.g., creative/artistic; entrepreneurial; personal needs)
- Charge a percentage of funds raised plus fee per transaction
Some sites have an “all-or-nothing” policy, meaning you have to reach your monetary goal to get any of the funds. Thus, if you use a crowdfunding site, read and understand its FAQs (frequently asked questions), guidelines, terms, and conditions before signing up.
Also, keep in mind that less than half of all crowdfunding campaigns reach their goals. Take time to learn what makes crowdfunding campaigns for your type of project successful, starting with the staff-selected websites below.
With so many campaigns and platforms on the Internet, the biggest challenges are to reach enough people and to present a trustworthy, compelling story that will move them to give, then share it with their friends.
Here at Create Build Optimize, with strategizing and create a highly converting crowdfund campaign to help you get more money for your business. The crowdfunding campaign includes video creative, campaign strategy, traffic generation, and an increase in the percentage of you getting more funding.
For more information about us running a crowdfunding campaign fill out the form below or gives us a call.
