Friday, March 27, 2015

Some Of The Top Best Crowdfunding Sites For Your Dream Enterprise

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 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.

Many people may wonder how these websites work. It works such that persons with common interests fund both business and personal with their money through donation. The advantage of using this method for generating money is that the sites do not charge you anything until you have raised something, so they take the commission. It also gives your idea a great platform for publicity for free hence you have nothing to lose.

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.

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.

In conclusion, you require a good strategy for your project to be funded by these sites. Choose carefully the site that fits your project and take caution especially on fees that sites charge. Also, put up reasonable goals that will help market your project. And lastly, use convincing language that will help your idea to go viral on different social media platforms.




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