Crowdfunding (also referred to as Crowd Funding, Crowd Financing and Hyper Funding) is often a great alternative to investor funding for many entrepreneurs and small businesses. Crowdfunding allows hundreds or thousands of supporters to contribute money towards a unified goal, such as helping to launch a new product. In exchange, supporters are offered a perk, such as first shipments of the product, t-shirts, or behind the scenes access to development.
People Putting Money into Piggy Bank by freedigitalphotos.net
Starting a crowdfunding campaign is relatively simple, but you’ll need to put in extra effort to make it successful. We’ve outlined ten steps for increasing your chances of getting funded!
How to launch a successful crowdfunding campaign:
This is by no means an exhaustive list, but if you follow the tips listed above you’ll have a much better chance of reaching your crowdfunding goals. Sound off in the comments below – what other successful tips/tricks have you heard of?