![]() Kickstarter In a sentence: Kickstarter has become synonymous for crowdfunding, as the most popular site to find funding for creative projects.Cost: 5% of funds raised, with an all-or-nothing model that builds urgency but leads to the loss of all funds if the goal isn’t met, plus 3-5% transaction feesPros: Name recognition, highest site traffic allows for greater project visibility Limitations: approval process, limited to creative projects, only allows projects based in the US and UK. Sample Project: Tripsaver: The Ultimate Travel Budgeting Appkickstarter project Indiegogo In a sentence: This flexible crowd-funding site serves as an open and accessible option for campaigns worldwide.
Limitations: More expensive if you don’t reach your goal, but without the urgency of the all-or-nothing plan Sample Project: Ovo: The First Autoplay Online Video Player and App indiegogo marketing RocketHub In a sentence: This crowdfunding website offers a unique type of visibility through a recent partnership with A&E Project Start Up. Cost: 4% for completed campaign or 8% for partial campaign, with 4% transaction fees. Pros: Easy to navigate interface, Success School offers tools for building better projects and businesses Limitations: Step down in terms of traffic from Kickstarter and Indiegogo Sample Project: Genome Librarykickstarter marketing FundRazr
Pros: Deep social network integration to connect to people in your network, cheap and convenient transaction fees with funds going directly to your PayPal, can be used to fund anything, anywhere Limitations: More difficult to connect with other entrepreneurers and investors, with less than 5% of projects falling into the category of entrepreneur/creative Sample Project: Caring for Chris GoGetFunding In a sentence: This London based fund-raising site can be used to raise money for anything from paying for pet’s medical bills to creating a short film. Cost: 3.5% with a keep-what-you-raised model, plus 2.9% transaction fee Pros: Can be used for public or private projects, anyone can post a project, easy to use Limitations: Fewer business/entrepreneurial projects Sample Project: Lizzy’s ProjectWalk Fund
Cost: 5%, with an all-or-nothing format, plus 1.9%-5% Amazon FPS Transaction fee Pros: mixes online and offline crowdfunding, emphasis on businesses’ long-term growth Limitations: for-profit companies only Sample Project: Help iOpening Enterprises Grow and Reach More Teenscrowdfunding advertising StartSomeGood In a sentence: Crowdfunding for social entrepreneurs, as well as nonprofits and other individuals committed to making change. Cost: 5% for completed campaign, with “tipping point” model, and 3% transaction fees. Pros: Open globally, supports for-profits, nonprofits and individuals, attracts niche audience by highlighting projects centered on the social good Limitations: Social good projects only, smaller reach than larger and more diverse websites Sample Project: Help domestic violence survivors keep their pets crowdfunding marketing Posted from:http://www.forbes.com/sites/katetaylor/2013/08/06/6-top-crowdfunding-websites-which-one-is-right-for-your-project/#! |