Renowned Crowdfunding platforms such as Kickstarter and Indiegogo are the perfect examples of how to propitiously implement a crowdfunding business plan as they successfully raised huge revenues from the percentage of the funds raised for other businesses. This topic reflects a complete guide to support your efforts to set up a crowdfunding platform. For more info, Visit: https://www.agriya.com/products/donation-script

1. Roadmap to launch your crowdfunding
platform: Business Model & features

2. • Crowdfunding refers to the modernized way of
funding a project or venture by raising small
amounts of money from a large number of
people, usually through the Internet.
• Unlike conventional finance raising methods,
crowdfunding offers a forum for anyone who
has an idea to pitch it to potential investors.
• The overwhelming business opportunities and
blooming global market recognition ignite a
new age entrepreneurship pattern and thus
bestow immense possibilities into the hands
of today’s crowdfunding platforms.

3. • Renowned Crowdfunding platforms such as
Kickstarter and Indiegogo are the perfect
examples of how to propitiously implement a
crowdfunding business plan.
• As they successfully raised huge revenues
from the percentage of the funds raised for
other businesses.
• This topic reflects a complete guide to support
your efforts to set up a crowdfunding
platform.

4. Crowdfunding Business Model: How
Does It Work?
• There exist four pre-defined crowdfunding
business models.
– Donation
– Reward
– Equity
– Lending
• Donation-based model is a perfect fit for
community-based and charitable causes where
reward model is a variation on donation-based
funding, here the investors receive some reward

5. • usually in the form of a product or service for
which the campaigners are seeking the
funding.
• Equity business model possesses a traditional
trait as the investors typically pay a large
amount of money and are given an equity
position in the campaigner’s business.
• Whilst in lending, original amount is being
repaid along with the interest.

6. • Every crowdfunding portals incorporate two
important entities.
• One is project owner (the one who own the
idea) and the other is project backer (the one
who fund the concept).
• Anyone with a sterling idea can list their
project complying with the site’s terms and
conditions.
• Those who are interested in this idea can
contribute, where the funding amount and
duration of the project are solely decided by
the project owner alone.

8. • The revenue model of a crowdfunding portal
should be profound and entwined. One can
possibly include these lines of revenue:
– Commission through successfully raised funds
– Revenue via listing
– Advertising fees ( ensuring better visibility to the
campaign)
– Provide assistance (assisting in optimizing the
project or campaign)
– Express listings (promote listings and improve
visibility)Shipping services

9. • The design should incorporate both
entrepreneur’s and investor’s perspectives. Now,
let us look into some fundamental facts that
might help you build a compelling crowdfunding
portal.
– Develop dedicated sections to showcase projects,
ensure easy navigation
– Built-in methods for potential investors to ask
questions to creators as well as you
– Create a specific page to recognize and reward
funders and thus enhance the trust element
– Highlight project of the day to encourage more
innovative concepts
– Enable project owners to talk directly with funders

10. • However, we recommend following a
Kickstarter like business model, choosing
Kickstarter clone script for assured precision
and viability.
• Check the fundraising software demo here,

11. Features To Acknowledge
• An exceptional crowdfunding platform is the
one which satisfies the expectations of both
creators and investors.
• It blends both the ingredients, offers them
similar attention and thus delivers a
comprehensive solution.
• Undermentioned few exemplary features to
consider while developing your crowdfunding
portal.

12. Functional User Interface For Top-
grade flow process
• When considering crowdfunding, new ideas
are the fuel that drives the business.
• So it is recommendable to incorporate
relevant categories, and suitable form fields.
• Moreover, allow creators to include
descriptions, website, images, videos etc
related to the project.
• In whole, produce a streamlined management
system to manage, create, edit and post
crowdfunding projects.

13. Even-handed Approach To Incorporate
Both Creators And Investors

14. • A successful fundraising business concept is to
treat both entities with equal importance by
assuring similarity and thus create an impression
of recognition.
– Design an investor alone area where creators can
share special updates/rewards with them
– Add a specific space for entrepreneurs to showcase
their successfully funded projects
– Include a ‘get to know’ feature that allows investors to
communicate with project owners directly before
funding any projects
– Allow users shortlist their favorite projects, report
those which violated the guidelines

15. Solid Payment Gateways For
Flauntless Transactions
• A reliable payment gateway system is the most
important factor to consider while setting up your
crowdfunding portal.
• One can always choose between two known
payment methods, all-or-nothing or partial
models.
• The partial payment method includes collecting
the money up front and giving at least a certain
amount to the project.
• Most importantly, pick from the right online
payment gateways, Wepay or Paypal.

16. Build A Mobile App For
Improved Visibility
• Launch a mobile app for both iOS and Android,
that might help project owners to track their
project’s progress. At the same time, investors
will get real-time updates as well.
• Every business, whether it is an industry expert or
a small one, they all incorporate mobile apps into
their business strategies.
• This happens as they realize the potential
possibilities of mobile applications in improving
the visibility and brand recognition, creating a
direct marketing channel, enhancing customer
loyalty and so much more.

17. • Agriya’s remarkable Kickstarter clone is a
unique blended, The full-fledged
crowdfunding script is a well-sophisticated
clone and thus enables you to build a
customized reward-based fundraising portal
with much ease and great efficiency.

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