Tuesday, February 23, 2016

Crowdfunding Campaign: Get the most out of it

Launch of a crowdfunding campaign is not a big deal today, but the challenging part is reaching the aimed targets. Finances of almost every field ranging from charity to start-ups, personal to real estates could be well managed by crowdfunding provided the crowdfunding campaign launched for the reason is potential enough. It is true that with social media at your service you can spread your crowdfunding campaign to corners of the world but then that is not enough. Interestingly, a few practices along with the crowdfunding campaign could eventually take it nearer to its target collection.


Points to add charm to a crowdfunding campaign


  1. Plan is the base:

Crowdfunding is no dream catcher until backed by a strong plan. You are the pilot of your campaign and you have to genuinely comply with that responsibility. A skeleton plan is the basis of a successful crowdfunding campaign, advertising for grants on the social networking media come later. Advertising assists the base plan to enhance the collection of funds for the crowdfunding campaign.


  1. Closed cycle campaigns are best:

A crowdfunding campaign should have the space for the accepting feedbacks. But merely accepting them is not enough, the process should be cyclic. Whenever someone gives feedback about something it is done with a notion of attachment and hope for rectification of faults if any. Thorough investigation and response to these feedbacks not only improve your campaign but also gives a worthy sense of importance to its supporters.


  1. Include the old methods too:

‘Old is Gold’ is the famous proverb which comes to rescue under a lot of situations. Although this is the era of digitisation, but taking your crowdfunding campaign to offline window should not be a thing to forget. Offline crowdfunding campaign involves actual living beings and their presence adds extra charm and warmth to the campaign. People love to hear their ideas and find them much reliable as compared to online ones. This bond of trust is important for a successful campaign.


  1. Regular Updates:

A fact is that, no one wants to contribute their money without knowing its use. The crowd funding campaign does not merely end up after the collection spree; it is an ongoing process till the project reaches its pinnacle. The supporter has not only vested his money to the project but also his faith hence he wants and has the full right to get a follow-up on the progress of the project. This is very important for a successful crowdfunding campaign and should not be missed.


  1. Campaigning has no limits:

A successful crowdfunding should not be limited to one portion of your project. It is always profitable to do successive campaigns for the project. It not only increases the incoming funds to the project but also keeps refreshing your project idea among the public. The trust building is even more in this process as your recurring crowdfunding campaign is indicative of the fact that you are not going to con the public.


Happy Campaigning for your project!!!



Crowdfunding Campaign: Get the most out of it

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