How To Choose The Best Crowdfunding Site That Drives Your Dream 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 full of materialistic people such that most of the time; you need a whole lot of cash for a startup. At crowdfunding sites, you can explain to individuals about your ambitions, and if they are convinced, they will fund your project. Therefore, you ought to learn about persuasive language and how you will use them for the funders to be convinced.

Most individuals may be wondering how the sites work. They work such that people with common business interests come together and donate money. The method used in generating cash is advantageous in that, you are only charged a commission after you have raised some money for the project desired. Your idea also gets a good platform for airing your idea without being charged.

Some of the best websites include Kickstarter. It is the hottest website to look for funds because many people have raised over 200 million dollars for over 60000 launched projects. It accepts all creative projects but does not accept awareness campaigns, charity, scholarship, and vacations. Most of the people who received money from this site deserved the cash. The registration process is also simple because you just sign up an account then you put out your project details. You must ensure you give every detail so that the websites administration can review and check if to accept your 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.

Indiegogo is another excellent site that can help achieve your dream by funding for your projects. It means independence and it works almost like Kickstarter. It is easy to use more so when you have used Kickstarter before. It also accepts people who are not from the U. S.

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.

Lastly, for you to have a successful venture on these sites, you need to have a workable strategy. Get to know the site that fits your project. Always be keen on fees charged by websites and set achievable goals. It is like a marketing campaign and so, you must be persuasive for it to create traffic on social media platforms.




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