Free Tools to Use for Your Crowdfunding Campaign
The main goal of crowdfunding is to create a unique community of likeminded individuals while generating much-needed revenue and increasing the customer base, quickly and affordably.
The main goal of crowdfunding is to create a unique community of likeminded individuals while generating much-needed revenue and increasing the customer base, quickly and affordably.
Let’s face it, times are tough for entrepreneurs. Many startups and projects fail due to a lack of funding. However, what if you could put your project, idea or invention online and have people fund your campaign via pre-orders? This day and age, it’s entirely possible.
You just blew your crowdfunding goals out of the water and are well on your way to delivering your exciting new product to your backers. Now what? How do you keep the momentum going?
After months of hard work, your crowdfunding campaign has come to an end. It’s time to get started on production and ship your new product to all of your eager backers. During this time, backers will have more questions than ever as they anticipate the delivery of your product.
So, you are attending CES this year. Congrats, because you are about to experience one of the biggest tradeshows on Earth and a must-attend event for anyone in the electronics industry. It is four days of non-stop, day and night action both in and outside of the show venues.
Picture this – you’ve achieved your funding goal on Kickstarter or Indiegogo and you’ve started production, but now you find that there is going to be an unavoidable delay in shipping your product to your backers. You don’t want to let your backers down, so what should you do?
So, you’ve decided you want to bring your idea to life through crowdfunding. Just how far along in design should your product be in order to attract backers and carry out a successful campaign?
As a company that has managed hundreds of Kickstarter and Indiegogo projects, we’ve learned a thing or two about launching campaigns. One question we are often asked is, “When is the best time to launch a crowdfunding project?” While this is a loaded question in more ways than one, we’ve put together this guide to help you decide when pressing that “launch” button may be best for you.
After a successful Kickstarter or Indiegogo campaign, there are quite a few long-term options for selling your product. If direct-to-consumer isn’t right for you, crowdfunders also see big returns from selling their product wholesale, or even working with distributors.