Crowdfunding A Tale of Two Campaigns
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Crowdfunding was the craze that hit the entire world, it had become popular through bloggers, influencers, social media and the internet. Influencers like Elon Musk, Bill Gates, Elon Musk etc were making a name for themselves by crowdfunding projects on Kickstarter, Indiegogo and GoFundMe. Many were impressed by their projects, and with a massive influx of money on these websites, they could get their project off the ground. The first project that got my attention was a group
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It was supposed to be a fundraising campaign for a local non-profit organization called “Save The Animals.” We’re an animal sanctuary that helps rescued animals from all over the world, and we were hoping to get enough funds to open a new, permanent animal shelter. The main idea was to create awareness about our cause and gather donations to help the animals who’ve been trapped in the shelters. We reached out to all our friends, family and acquaintances through social media, including the usual methods like email campaigns,
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Crowdfunding is a phenomenon that has swept the world. People from all over the world have embraced this form of funding. Crowdfunding was made possible by technology—the internet, social media, and mobile. It has changed the way people contribute to each other’s dreams, and its impact cannot be overemphasized. However, it has been widely criticized, particularly for its “no guarantee” nature. One popular campaign was the “Fight for Aircline” campaign run by former 9/11 first
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In my own words: Crowdfunding campaigns are a great way to raise money for projects or causes. Whether they have reached huge numbers of backers and raised thousands of dollars, or not, there are numerous successful campaigns out there. But, if you’re running a crowdfunding campaign, and not already aware, I’m going to reveal some of my mistakes and tips. The first campaign I attempted myself was for my favorite music group. We were planning to perform at a big festival, and needed some money for the production. We did reach
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Crowdfunding has become popular with many businesses looking to raise funds for their ideas. There’s a growing trend where companies use the crowd to fund their business. Crowdfunding aims to reach out to people via the internet and ask for financial support. First of all, the success rate of crowdfunding is not as high as traditional funding methods. According to Crowdfund Insights, less than 10% of campaigns raise the amount raised. This is mainly due to the costly and complex process involved. However
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Crowdfunding is a digital way to fund a business or product that is beyond the resources of the business owner. Many business owners are now seeking to raise money through crowdfunding sites such as Kickstarter, Indiegogo, or StartEngine, to build the brand and test the demand for a product or service. visit site These platforms offer many features, including ease of use, a global reach, instant communication with backers, and incentives for those that make a donation. For many small businesses, crowdfunding offers a potential lifeline to
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In 2013, I was struggling with severe health issues and needed a fund to cover medical expenses that were piling up. I knew it was not a walk-in-the-park task as many people could not afford medical bills and I had to work two jobs to survive. That’s when I came across Crowdfunding, an innovative fundraising technique that could help the needy. I wrote a crowdfunding campaign and it went viral within 10 hours. Apart from my friends, family, and
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In 2013, I embarked on a unique endeavor to promote a brand new start-up product. The campaign was launched via crowdfunding, and the outcome, amazing. In just a few days, the company raised over $1 million. I won’t repeat the entire success story here. But, here are a few of the remarkable highlights: 1. site link Higher-than-expected sales — despite being funded in the middle of summer 2. Positive brand recognition — with almost all my target audience being funders