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Choosing The Best Crowdfunding Site For Driving Your Project

By Lelia Hall


In the present times, most start-up projects tend to die off without accomplishing its purpose due to funding problems. We are going to look some ways in which you can choose the best crowdfunding site to ensure you achieve your dreams. Every person desires to see their dream come true but devoid of funds, it can be a challenging venture.

The world is so materialistic that sometimes you need a great deal of money to begin. At the crowdfunding sites, you will tell people of your ambitions, and they will donate money and fund the project. As a result, you should cheer up and learn how you will convince others on these websites to get enough money to start using.

The websites work such that, persons who have common interests come together to fund both personal and business projects using their funds by donating. The benefit of using this means of generating money is that these websites do not charge any amount of money until you have already raised some money. Moreover, you idea gets an excellent publicity free of charge and boosts your courage to pursue it.

Kickstarter is one of these websites. It is among the best since many people have been able to raise more than 200 million dollars for more than 60000 launched projects. All creative projects are normally accepted excluding charity, vacations, scholarships, and awareness campaigns. And an important thing to note is that, those who got the money deserved it. Registering for the site if simple since it just requires signing up for an account then filling in details about your projects. Also, make sure that, you fill in all details so that the admin can review it so that they can determine if they can accept the application or not.

Kickstarter has some special features that make it successful. First there is a backer reward where you make a small prize for backers whom you will reward when you have succeeded in your funding. You are only charged five percent commission for the projects that have succeeded. Afterwards, Amazon Payment processes the funds after the crowdfunding procedure has been successful. The site is exclusively for US citizens since you need a social security number for registration.

Another site is IndieGoGo that refers to independence. The site is helpful in raising funds fro projects. It works more the less the same us Kickstarter and so it will be easier to use especially if you have worked with Kickstarter.

The main difference between the two is that IndieGoGo allows charity donations, and Backer reward is a bonus. Another thing to note is that, you can get funding despite being a U. S resident or not. It uses Paypal to pay out the funds raised by respondents. They are little charges made for credit card processing, raised fund fee and wiring fee for non-resident U. S citizens.

Finally, when it comes to being successful on these sites, you must have a proper strategy. You must know the site for your project. Be wary of the charges and fees that you fork out and put reasonable goals. It is a marketing campaign hence you must be very convincing so that it can go viral on every social media site to gain the interest from as many people as a possible.




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