You have an idea and want to bring it to fruition. Where do you begin? How do you make it happen? Crowdfunding is a great way to launch a new product and build your business. Not to mention, it is mutually beneficial to both project creators and backers. However, crowdfunding does not guarantee high-level success for every product; it’s crucial to determine ahead of time if your idea is a good fit for crowdfunding, or if it may be better suited for a more “traditional” route.
Project creators around the world aim to raise some serious dollars for their new product idea on Kickstarter or Indiegogo but fall short after launching. While there’s no true “secret sauce” to raising one million dollars, we’ve compiled a list of Kickstarter secrets, strategies and tips to put you in the best position possible for a successful 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.
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?
