Crowdsourcing sites are a great way to get your business idea off the ground, but they can be difficult to use. Here’s a look at the best ones for funding:
- Kickstarter: This site is great for startups who want to raise money from their fans. You can create a project, set a goal, and receive feedback from backers. You can also find helpful resources and advice here.
- Indiegogo: This site is similar to Kickstarter, but it focuses on businesses with products or services. You can set a goal and receive feedback from backers before you start fundraising.
- GoFundMe: This site is great for small businesses who want to raise money from their customers. You can create a project, set a goal, and receive feedback from backers before you start fundraising.
1. Kickstarter
Kickstarter is a website that helps people raise money for projects. Projects can be anything from a simple idea to a huge undertaking. With the help of Kickstarter, people can raise money for their projects by pledging money to them. People can also find out about different projects and pledge money to them before they even start. This site is really popular because it’s easy to use and there are a lot of different projects that people can pledge money to.
Once the campaign has ended, backers can access their rewards through the Kickstarter website or through their backer account on the book’s website. Rewards can be redeemed for physical books, digital downloads, or even merchandise.
Kickstarter is an all-or-nothing kind of deal. If you don’t reach your fundraising goal, your backers get their money back. Make sure you start networking early on to build a core of followers and fans. ..
2. Patreon
Patreon is a website that allows people to crowdfund their creative projects. This can be done in a number of ways, but the most common way is through Patreon. Patreon is unique because it focuses on creators. This means that anyone, regardless of skill level or experience, can crowdfund their creative project on Patreon. This makes Patreon an ideal site for those who want to create content, whether it’s a video or article.
Kickstarter is a crowdsourcing site where patrons can pay a monthly subscription in exchange for certain benefits or services. For example, if a patron pays monthly to read your work chapter by chapter, they can also offer exclusive content, branded goods, and other rewards.
3. Indiegogo
Indiegogo is a crowdfunding platform that allows you to set up a campaign for your project. It has a similar system to Kickstarter, where you can set up a campaign and pledge money to the project. However, there are some unique features that make Indiegogo stand out from Kickstarter. First, Indiegogo allows you to set up a campaign with as little as $5. Second, if you have enough time, you can set up a crowdfunding campaign on both platforms. Finally, Indiegogo is often compared to Kickstarter because it has an easy-to-use crowdfunding system.
With Indiegogo, you can set up a flexible funding goal that allows you to reach your target by a certain date or even earlier if you achieve more donations. This is an important feature because it means that you can focus on the fundraising and not on the goal itself.
Flexible funding is a great option when you know you can deliver your product or service even if you don’t raise your goal’s set amount of funds. Instead, you simply use the funds as one of your financial sources. ..
You can keep raising money even after the campaign ends. This is useful if your business goes through different stages, such as design, testing, and final production.
4. Crowd Supply
Crowd Supply is a crowdfunding site that helps fund hardware projects that are often overlooked because of the software development craze. It’s a great way to get your hands on hardware that you may not be able to find elsewhere. ..
Crowd Supply is a platform that allows designers and engineers to find funding for their projects. By choosing Crowd Supply, designers and engineers can focus on their project and not worry about the competition. This makes it easier to stand out from the crowd because everyone is interested in hardware and nothing else.
That said, launching your campaign on Crowd Supply is more challenging than on other platforms. You need to have a working prototype to present to the Crowd Supply campaign manager. Based on how you answer any of their questions, they will determine whether the project fits the platform. ..
5. Fundable
Fundable is a crowdsourcing site that helps entrepreneurs turn their ideas into new businesses. At the moment, only US startups can apply, so if you’re not from the US, you should try one of our other recommendations.
The first option for startups that are looking to raise less than $50,000 and the equity option for more capital is the more affordable and fundable option. This option allows startups to sell their products or services or offer stock shares in their company to investors for less money. The equity option allows startups to raise more money by investing in their company.
Fundable is a newer way to raise money. You create a campaign on Fundable, and then you start to raise money from other people by offering them shares in your campaign. The upside is that you don’t need to pay a fee to start the campaign, and you can keep all the money that you raise. The downside is that it can take longer to raise money on Fundable than it does on other crowdsourcing sites. ..
6. SeedInvest
SeedInvest is like Fundable in the sense that it’s an equity crowdsourcing site. Your backers are investors who want to buy into your company and own stock. They’re not just fans or supporters. They will own a piece of your company, which means they have a say in how it’s run and what happens to it. So think carefully about what that means before spending time on setting up your campaign. ..
SeedInvest is a network of accredited investors looking to fund the next revolutionary business. You’ll need to file an application, go through a screening process, and if accepted, you can launch your campaign.
The companies that receive funding are typically tech and eCommerce businesses. If your product or service doesn’t fall within these categories, you should focus your energy on other crowdsourcing sites.
7. Mightycause
Mightycause is a nonprofit organization platform that allows donors to donate money to causes they believe in. The platform also allows donors to track their donations and receive updates on how their money is being used.
The Crowdrise website is easy to use and you don’t need to reach any goals to unlock the funds you raise. Even if you don’t meet your goal, you can keep the funds you received from donors. Another advantage is that you don’t need to go through an exhausting screening process. Simply launch your nonprofit fundraising campaign and work to achieve your goals.
Mightycause is a nonprofit that charges $59/month for its services. ..
8. GoFundMe
The site is great for crowd sourcing funds for individuals, but it can also be used to help small businesses. It’s simple to set up a campaign and there are many options for how you can raise money.
GoFundMe is a great option for a local business to request support from the community around it. If you have a large personal network, you can use GoFundMe to ask your connections for support.
Fund Your Next Big Project!
Crowdsourcing has given a voice to many companies that started from a garage and grew to have hundreds of employees. Now, tech innovators have the chance to show their prototypes to the public and potentially earn the success they deserve. ..
Crowdsourcing is a way to get financial support for your business idea from a large group of people. Sites like Kickstarter and Indiegogo allow you to solicit donations from interested parties, and often provide generous rewards for those who contribute the most. However, there’s no guarantee you’ll get all the funding you need, so be prepared to put in a lot of hard work. ..
