5 Tips To Successfully Crowdfund A Revolutionary Idea

5 Tips To Successfully Crowdfund A Revolutionary Idea

Marketing Strategy
If you have an idea for a product and you are looking for funding, crowdfunding is definitely an option to consider. The global crowdfunding market is currently valued at 12.3 billion US dollars, and it’s expected to continue growing at a rate of 11% each year and double by 2027. Why crowdfunding? Aside from helping you get the money you need to develop your idea and launch your business, crowdfunding campaigns can help you build a buzz around the launch and set the right expectations. And, of course, your future potential customers can start to know and love your company. At the same time, there are always more businesses that are using crowdfunding campaigns to grow their products and services. So, how can you be sure to obtain the funds you…
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A Beginner’s Guide to Crowdfunding for Businesses

A Beginner’s Guide to Crowdfunding for Businesses

Marketing Strategy
Funding your entrepreneurial dreams or start-up can be tough for those just starting out. Money sometimes doesn’t always take you as far as you imagined it to. And loans to kickoff your business often have many requirements such as minimums for credit scores and required collateral. That's why utilizing crowdfunding techniques for your business is favorable among aspiring, and even experienced, entrepreneurs. Crowdfunding techniques, if done right, can draw interested investors straight to your bank account. A Beginner's Guide to Crowdfunding for Businesses   Online platforms like Indiegogo, Kickstarter, and Patreon require a fee for your crowdfunding campaign to be hosted, allowing potential investors to learn more and contribute. You can gear the campaign almost any way you like. In addition, there are less strings attached to raising funds, compared…
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