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Thursday, March 26, 2015

How To Choose The Best Crowdfunding Site That Drives Your Dream Project

By Lelia Hall


Many starts up projects in this day and age always die without having the desired impact because of lack of financing. In this article, we will look at how best crowdfunding site that will ensure that your dreams come true. Everyone has a vision to see their dreams come true but without funding it can be challenging to see it come to pass.

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.

One of the websites is Kickstarter. It has helped launch over 60000 projects and helped raise more than 200 million dollars. The site accepts funding for all projects except scholarship, charity, vacations and awareness campaigns. And the people who have benefited from these funding totally deserved it. The process of registering is quite simple because it just needs signing up for an account in which you fill out the information regarding your project. Also, ensure that, all details about your project are right so that the admin can have an easy time reviewing the projects for easy acceptance of applications.

The backer reward is a great feature that Kickstarter has. It entails creating a small incentive for all backers whom you will give some money after your project has received successful financing. You are just charged only a fee of five percent on every project that has succeeded. After the success, Amazon Payment processes the funds raised for you. Additionally the website works entirely for US residents since you ought to have 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 is it accepts charity donations, and the Backer reward is the perks on this site. You can quickly receive funding whether you are a resident or not. The payment option of the IndieGoGo website is PayPal. The website charges small charges on for different reasons such as raised fund fee, credit card processing, plus wiring fee for non-US 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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