Kickstarter is the most famous crowdfunding platform. But it is not the best option for everyone. The presentation delivered in August 2013 discussed different options for people and businesses looking to crowd fund their projects. How to chose the right platform, should you DIY, what to look for and how this choice can influence the result of your campaign.
More than half of Kickstarter campaigns fail to reach their crowdfunding goal. The presentation examines the reasons for that and suggest the steps to be taken to improve your chances to succeed.
Understand what is crowdfunding, what are the best practices, what to take under consideration when developing a crowdfunding campaign and why is this important!
More than half of Kickstarter campaigns fail to reach their crowdfunding goal. The presentation examines the reasons for that and suggest the steps to be taken to improve your chances to succeed.
Understand what is crowdfunding, what are the best practices, what to take under consideration when developing a crowdfunding campaign and why is this important!
Crowdfunding has grown increasingly popular in the nonprofit sector over the past few years, thanks to the Internet and crowdfunding platforms like Kickstarter and Indiegogo. The question on every non-profit, charity and fundraiser’s mind is “can crowdfunding really raise a lot of money for my cause?” The answer is yes - if you do it properly.
Christopher Charlesworth, co-creator of the CSI Catalyst crowdfunding platform for social good, co-lead a workshop on crowdfunding at Toronto Net Tuesday on October 8th, 2013. Chris explained the fundamentals of crowdfunding, what it can mean for nonprofits, and shared tips and strategies on how to plan a successful crowdfunding campaign.
You can watch a recording of the event on TechSoup Canada's YouTube channel: http://www.youtube.com/watch?v=YlzzeKQi6bc
Or read a summary of the event's key takeaways at http://www.techsoupcanada.ca/en/community/blog/intro-to-crowdfunding-for-nonprofits
Introduction to entrepreneurship. Topics: Lean Startup Methodology, Product-Market Fit, Market-Size Analysis, Customer Acquisition , Life Time Value and Revenue Streams
This ppt is prepared as part of my participation in the International Conference on Crowdfunding.The ppt contains basic informations about crowdfunding and it's types and it's status by SEBI on India till January 2016. This ppt was prepared under the guidance of our professor MR.N.Manicka Mahesh. The ppt was compiled and the informations were sourced and collected by Miss.Rithvicca Manimaran.
What Is Crowdfunding:
Crowdfunding is quickly becoming the Internet’s #1 newest, most exciting phenomenon and social trend for raising funds by providing a convenient website platform that allows people to support any project you create by sharing. Register here today: http://tinyurl.com/pv5svh5
"Benefits of WeShare Crowdfunding"
Our we$hare CrowdFunding platform is a global community which allows you to share your dream project with the world. By leveraging the incredible power of a unique community-sharing model, we help you reach your goals faster and easier than any other platform. When you join we$hare CrowdFunding now, you could literally fulfill your dreams while helping others do the same, creating a win-win experience for all.
Register here today: http://tinyurl.com/pv5svh5
Business Strategy term project for starting a new business.
This project was based on providing a crowd funding platform targeting students who have brilliant ideas but limited funds to turn them into reality
Raise funds for your business idea(s) using crowdfundingOmololu Consulting
Presentation was made during the lean startup event in Shanghai on Oct 26, 2016 organized by Omololu Consulting. It shows how companies can raise funds and why crowdfunding is the best option for startups & small business. See www.omololuconsulting.com/pages/crowd for more
Universal Crowd Funding provide you the platform in India to make your projects into any domain with creative ideas and Build a solo Moto for better tomorrow!!
To help you see how others have succeeded in Crowdfunding, we have gathered some of the most successful (and interesting) crowdfunding campaigns across several platforms including Kickstarter, Indiegogo, Tilt, Angels Den and Crowdfunder
Crowdfunding and Audience Development - We are Museums RigaOonagh Murphy
There are hundreds of examples of successful crowdfunding campaigns in the arts. There’s the quirky Park and Slide, which transformed Park Street in Bristol into a giant public water slide. There’s the cutting-edge Virtual Choir, which digitally brought together solo singers from all over the world. Then there’s the heartwarming Cancer sucks, Art Heals! project, which creates memorable experiences through art for children touched by cancer. But to date the focus in many how-to guides, articles and analysis is on developing a financially successful campaign.
More than simply an innovative approach to income generation, crowdfunding provides arts organisations with opportunities to develop new audiences, test new ways of working and generate advocacy and PR opportunities.
In this workshop we will look beyond the money and explore how Crowdfunding can help your museum develop new audiences and spark new ways of working.
Crowdfunding has grown increasingly popular in the nonprofit sector over the past few years, thanks to the Internet and crowdfunding platforms like Kickstarter and Indiegogo. The question on every non-profit, charity and fundraiser’s mind is “can crowdfunding really raise a lot of money for my cause?” The answer is yes - if you do it properly.
Christopher Charlesworth, co-creator of the CSI Catalyst crowdfunding platform for social good, co-lead a workshop on crowdfunding at Toronto Net Tuesday on October 8th, 2013. Chris explained the fundamentals of crowdfunding, what it can mean for nonprofits, and shared tips and strategies on how to plan a successful crowdfunding campaign.
You can watch a recording of the event on TechSoup Canada's YouTube channel: http://www.youtube.com/watch?v=YlzzeKQi6bc
Or read a summary of the event's key takeaways at http://www.techsoupcanada.ca/en/community/blog/intro-to-crowdfunding-for-nonprofits
Introduction to entrepreneurship. Topics: Lean Startup Methodology, Product-Market Fit, Market-Size Analysis, Customer Acquisition , Life Time Value and Revenue Streams
This ppt is prepared as part of my participation in the International Conference on Crowdfunding.The ppt contains basic informations about crowdfunding and it's types and it's status by SEBI on India till January 2016. This ppt was prepared under the guidance of our professor MR.N.Manicka Mahesh. The ppt was compiled and the informations were sourced and collected by Miss.Rithvicca Manimaran.
What Is Crowdfunding:
Crowdfunding is quickly becoming the Internet’s #1 newest, most exciting phenomenon and social trend for raising funds by providing a convenient website platform that allows people to support any project you create by sharing. Register here today: http://tinyurl.com/pv5svh5
"Benefits of WeShare Crowdfunding"
Our we$hare CrowdFunding platform is a global community which allows you to share your dream project with the world. By leveraging the incredible power of a unique community-sharing model, we help you reach your goals faster and easier than any other platform. When you join we$hare CrowdFunding now, you could literally fulfill your dreams while helping others do the same, creating a win-win experience for all.
Register here today: http://tinyurl.com/pv5svh5
Business Strategy term project for starting a new business.
This project was based on providing a crowd funding platform targeting students who have brilliant ideas but limited funds to turn them into reality
Raise funds for your business idea(s) using crowdfundingOmololu Consulting
Presentation was made during the lean startup event in Shanghai on Oct 26, 2016 organized by Omololu Consulting. It shows how companies can raise funds and why crowdfunding is the best option for startups & small business. See www.omololuconsulting.com/pages/crowd for more
Universal Crowd Funding provide you the platform in India to make your projects into any domain with creative ideas and Build a solo Moto for better tomorrow!!
To help you see how others have succeeded in Crowdfunding, we have gathered some of the most successful (and interesting) crowdfunding campaigns across several platforms including Kickstarter, Indiegogo, Tilt, Angels Den and Crowdfunder
Crowdfunding and Audience Development - We are Museums RigaOonagh Murphy
There are hundreds of examples of successful crowdfunding campaigns in the arts. There’s the quirky Park and Slide, which transformed Park Street in Bristol into a giant public water slide. There’s the cutting-edge Virtual Choir, which digitally brought together solo singers from all over the world. Then there’s the heartwarming Cancer sucks, Art Heals! project, which creates memorable experiences through art for children touched by cancer. But to date the focus in many how-to guides, articles and analysis is on developing a financially successful campaign.
More than simply an innovative approach to income generation, crowdfunding provides arts organisations with opportunities to develop new audiences, test new ways of working and generate advocacy and PR opportunities.
In this workshop we will look beyond the money and explore how Crowdfunding can help your museum develop new audiences and spark new ways of working.
OOMI Crowdfunding
Here's What You Don't Know About Fundraising That Could Save You Time, Energy and Money
How 3 Crowdfunding Platforms are Changing the Paradigm
http://www.oomifunds.org/
OOMI Crowdfunding, OOMI, Crowdfunding, Crowdfunding Platforms
Find out how to launch crowdfunding campaigns for animals and pet products, 4 types of animal crowdfunding projects, best crowdfunding platforms for pet fundraising, and why bloggers should get involved.
Nicole Moss is an attorney with the law firm of Campbell & Riggs, P.C., where she focuses on taking startup companies from inception to liquidity, as well as other corporate matters including mergers and acquisitions and private securities transactions. Previous experience includes: serving as General Counsel to a small investment fund in Houston; advising private equity and venture capital clients in fund formation and M&A activities as an attorney in the Boston office of Weil, Gotshal & Manges LLP; and serving as marketing and programs manager at the Massachusetts Institute of Technology Entrepreneurship Center. Prior to that, Nicole founded and ran BluePrint, a provider of non-core services to startups in and around Boston and also recruited founding team and advisory board members for startups at Cambridge Incubator. Nicole is a guest lecturer for the Wolff Center for Entrepreneurship at the University of Houston. She is licensed in Texas and Massachusetts.
Crowdfunding for Women: The Capital Raising EqualizerPatch of Land
Crowdfunding for Women: The Capital Raising Equalizer is a presentation given by Reality Crowd TV Media Corporation to the University of Hartford Entrepreneurial Center for Women on 10/30/14.
Websites for Crowdfunding: A Beginner's Guide
Businesses, creatives, and nonprofit organizations now frequently use crowdfunding websites to generate money for their endeavors or causes. We will provide you with a thorough overview of crowdfunding websites in this article. In this article, we'll go over everything there is to know about crowdfunding, including its fundamentals, many varieties, advantages, and best practices.
Through the use of crowdfunding, people or organizations can collect contributions from a large number of people in order to fund a project or cause. Crowdfunding makes it possible for anybody to make tiny financial contributions to a project without relying on a small number of investors. Dedicated crowdfunding platforms or websites are often used to carry out crowdsourcing campaigns online.
Varieties of crowdsourcing:
There are various forms of crowdsourcing, such as:
Rewards-based crowdfunding: In return for their donations, supporters get gifts or benefits.
Crowdfunding for equity: Investors get a piece of the business or project back.
Donation-based crowdfunding: Participants make financial contributions without anticipating payment or stock ownership.
Crowdfunding for debt entails investors lending money to borrowers in exchange for interest.
Advantages of crowdsourcing:
Websites that facilitate crowdsourcing are very advantageous for nonprofit organizations, businesses, and artists. Among the advantages of crowdsourcing are:
Access to capital: Fundraising for businesses and organizations is made simpler by crowdfunding, which gives users access to a sizable pool of possible investors. A successful crowdfunding campaign can show that there is a market for a given product or idea, which can be helpful for attracting future investors or customers.
Increased visibility: Fundraising efforts for a project or cause can attract media attention, social media buzz, and word-of-mouth recommendations.
How to Run an Effective Crowdfunding Campaign
A successful crowdfunding campaign needs to be carefully planned and carried out. Here are some pointers for developing an effective crowdsourcing campaign:
1. Decide on a reasonable budget:
Setting a reasonable funding target for your crowdsourcing effort is crucial. Your financial target should be sufficient to pay for the costs of your project, but not too lofty as to be impractical. When choosing your funding target, you should also take the platform's fees into account.
2. Offer Attractive Rewards:
Provide Valuable Rewards Rewards are an important factor in encouraging supporters to donate to a crowdfunding campaign. Offer incentives that are relevant to and appealing to your target audience.
3. Craft a Strong Pitch:
A pitch that clearly and persuasively explains your project or causes and why it merits support should be part of your crowdfunding campaign. Use pictures, videos, and other types of material to engage your audience and communicate your narrative.
The latest data about the use of technology including virtual and augmented reality in health care and other industries. Current state of the industry and future trends.
Crowdfunding site Kickstarter has raised over $1 Billion for thousands of crowd funding campaigns. Crowdfund Productions has created the infographics to illustrate Kickstarter data about success rate and amounts of money raised by categories as well as 10 steps to run a successful crowdfunding campaign.
Rewards, Debt (P2P and P2B Lending) and Equity Crowdfunding. Fundraising options for entrepreneurs based on cash flow, funding goal, timing, development stage, etc.
The presentation at Aspen Investment Forum (www.AspenInvestmentForum.com) on January 6th, 2014 about a partnership between one of the largest equity crowdfunding platforms in Europe, OurCrowd and GE.
Free or inexpensive tools to make your Kickstarter, Indiegogo or any other crowdfunding campaign efficient and more predictable. The slides were prepared for my presentation in Denver in June, 2013.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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2. Current Success Rate on Kickstarter
is below 44%. For other platforms it is even lower.
One of the reasons for that is misunderstanding of
the platforms’ role in crowdfunding campaign.
Neither Kickstarter nor anybody else
WILL DO YOUR JOB!
3. In most cases the majority of backers
will come from your own network.
DOES IT MATTER
WHICH PLATFORM TO CHOOSE?
4. YES, It Does.
It depends on
Your project niche,
Your fundraising goal,
Your current level of community support ,
Your expertise in business development and
fundraising.
5. The first question you have to answer is:
Are you going to post your project on a
crowdfunding platform
or to raise money on your own?
6. If you have an experience and large network of supporters, these websites
provide free or inexpensive solutions for independent fundraisers:
SelfStarter –
free open source software to build your own crowdfunding
website. The latest famous project, Tile, raised $2.6M in July from almost 50,000
backers,
CrowdHoster – an application hosted by CrowdTilt; currently free but by
invitation only. The latest success story – Soylent.me campaign which has raised
over $1M,
CrowdfundingSite.net – license plans start from $129 or $328 per year,
IgnitionDeck – WordPress framework, starting
from $79 for unlimited
websites,
Mimoona
– Plug&Fund app, three monthly payment plans,
ITPrism.com – crowdfunding open source software for Joomla; free and PRO
versions
Astoundify – a funding platform for WordPress; free and premium versions;
more than 10,000 downloads on www.Wordpress.org,
Celery – platform to accept and manage pre-orders on
Wordpress, Tumbrl, Shopify and other websites; 2% per transaction plus PayPal
7. If you want to use the resources
of a crowdfunding platform, you can choose
among more than 600 websites.
These directories would help you surf in the
crowdfunding ocean:
Crowdsourcing.org/directory/
CrowdsUnite.com
CrowdfundInsider.com/companies/
Crowdsurfer.co/
KickstarterCoaching.com/Top_Websites.html
8. Here are some of the platforms which you should
consider, depending on your project goals:
General Platforms
Kickstarter
– has raised $635M for 46,700 projects
Indiegogo
FundRazr (Canada)-
has raised over $28M for more than 40,000 projects
RocketHub (Reality TV)
FundAnything (Donald Trump)
Crowdtilt (causes, personal, purchases, group experiences)
CrowdIt
FundAnything and CrowdIt were born in spring of 2013.
Except for Kickstarter, most platforms also can be used for the niches mentioned below.
9. Non-Profits
FirstGiving
- has raised over $1 Billion
Fundly – has raised over $305M for 42,000 projects
GoFundMe – has raised $94M for more than 350,000 projects
GiveZooks – has raised almost $89M
Causes
– petitions, pledges and fundraisers, more than 0.5
Million campaigns
Crowdrise
Razoo
- make your campaign fun
– has raised over $1.3M
Rally.org
Fundraise
10. Personal Needs
Fundly – has raised over $305M for 42,000 projects
GoFundMe – has raised $94M for more than 350,000
projects
YouCaring – has raised $31.5M for 39,000 projects
CaringBridge
Rally.org
Fundraise
DepositaGift
11. Technology
Appbackr
FundaGeek
AppsFunder
BountySource (for open source software development)
DragonInnovation (for hardware, provides business development support)
Product Development Marketplace
CrowdSupply (offer additional business support including fulfillment
services)
Ideacious (Canada)
13. Higher Education
USEED
AlumniFunder
AngelEd
SuperiorIdeas
Other niche platforms
DonorsChoose.org – has raised $186M for schools, has 73% success rate
FaithLauncher
(for Christian inspired projects)
CommunityFunded (for community projects)
PiggyBackr (for projects benefiting children and youth)
14. So what should you take into consideration before you choose
a platform?
Website traffic information from Alexa.com:
number of people
visiting, geography, demographics. Is it similar to your target group?
The category of
your project: how high is the competition, what is the success
rate in your category, what are the most funded projects and what is an average raise?
Are you comfortable with
“All-or-Nothing” rule or would prefer “Take
Whatever You Raise”?
The platform’s customer service and transparency:
what kind of
information would the platform’s rep. be willing to share with you? How much help
do you expect from the platform, what are the analytical and community engagement
tools?
General
groups.
platform’s publicity and name recognition among your target
15. Example: Comparison of Kickstarter and Indiegogo for a
photography project
Kickstarter Advantages
The largest platform with the most
active backers
The largest amounts of money have
risen for creative projects
Transparency – publishes statistical
data on daily basis
Creates the most buzz in media
Approval process – adds credibility to a
project
Photography category – 36.7% success
rate
Photography category – has raised $8.5
mil. for 1,172 projects since 2009
Photography category – 777 projects
raised between $1,000 and $10,000
Kickstarter Drawbacks
Large competition – currently 114
photography projects live on the
website
Backers more product and pre-sale
oriented
Platform plus Amazon fees 9-10%
Currently active in US, UK and
Canada, so it is more difficult for
people from other countries to
donate
Very difficult to get featured
(promoted by the platform) or to get
help from their customer department
“All-or-Nothing” fundraising
Project must be approved by
Kickstarter
16. Example: Comparison of Kickstarter and Indiegogo for a
photography project
Indiegogo Advantages
Largest international platform with
many backers from different countries
Significant number of “community
oriented” projects
Pledges for non-profit organizations
are tax deductible
Creators do not need to be approved
by the platform
Fixed or flexible fundraising
For successful projects transactional
fees approx. 7% (for unsuccessful
flexible campaigns – 12%). 25%
discount on IGG fees for non-profits (but
higher fees through FirstGiving -4.25%)
Rewards are not required. 33% of the
money raised last year were given
altruistically
Indiegogo Drawbacks
Website traffic is more than three
times smaller than for Kickstarter
Significantly smaller serial backers
base
Smaller avg. amount of money raised
per project
Only 124 projects in photography
category have been successful over
almost five years in raising 102%+.
Success rate for photography projects
is below 28%
Recent scandal: last year’s project - a
calendar to support cancer survivors –
raised $2,600 and disappeared with
the money
17. When it makes sense to go with a smaller/niche
platform
There is a common misconception about the website traffic in regards
of general platforms like Kickstarter. Look for the target group for YOUR
project instead.
First timer – you can receive a
Funding goal
better customer support.
– if you are looking to raise smaller amount of money
Non product project
Less competition,
more chances to get featured and promoted by the
platform
For niche platforms –
highly targeted traffic, industry
expertise, additional services
18. Conclusion
Crowdfunding Platform will not do your job.
But by choosing a wrong platform you can make
your campaign more stressful and less efficient.
So do yourself a favor: do your homework, look
around, study similar projects, ask questions, talk
to the platform representatives and those who
posted their projects on this platform.
Take Your Time
to Make an Educated Decision
And Good Luck!