Geography is also extremely important for some projects
Posted: Thu Feb 13, 2025 6:40 am
6. Publicity. Most crowdfunding is launched in the public sphere. You definitely need to disclose information about your project in detail in order to receive funding. For example, there is a risk that competitors will copy your ideas or even steal the idea completely and implement it before you can publish the project.
7. The amounts raised are usually limited. You will not be able to raise funds in too large a quantity. There are restrictions on the platforms. Therefore, crowdfunding is suitable for small and medium businesses in Russia and the world. You should remember this and always understand how much money and what equipment and technologies you need.
How to Organize a Fundraiser: Step-by-Step Instructions
Let's assume that you already have an interesting and promising idea for a new product. You have calculated that the idea will pay off, you understand how much money you need to raise for the project, and you have already clearly worked out an action plan after attracting funding. In this case, you can start attracting funds using a crowdfunding platform.
Next, we will look step by step at what a budding entrepreneur needs to do to raise funds on a crowdfunding platform.
Step 1: Select a site
The first thing you should start with is finding a crowdfunding platform that germany phone number list suits you. Today, there are many specialized sites, both Russian and foreign. Each platform has its own unique conditions, a certain type of crowdfunding audience and, most importantly, specialization in a specific niche.
One site may be more focused on innovation, another on technical areas, a third site on charity. Some platforms are universal and suitable for classic business.
There is no point in asking for funding for a business idea on a foreign platform if you are only targeting a Russian product.
Remember the terms of each platform and base your decision on them. For example, it is worth looking at the commission, as well as the withdrawal time.
Step 2: Create a user reward system
This point is usually implemented in parallel with the selection of the site and the description of your idea. In order to attract donors faster, it is necessary to come up with a worthy reward for their trust in your project at an early stage of its development. This is done using several methods.
At the same time, the reward itself should not be too much of a financial burden on the project. It is not allowed that the majority of the proceeds go to creating rewards for donors. Such expenses are unprofitable. For example, in order not to give a large reward to everyone, you can develop a gradual system of bonuses depending on the amount of the donation.
7. The amounts raised are usually limited. You will not be able to raise funds in too large a quantity. There are restrictions on the platforms. Therefore, crowdfunding is suitable for small and medium businesses in Russia and the world. You should remember this and always understand how much money and what equipment and technologies you need.
How to Organize a Fundraiser: Step-by-Step Instructions
Let's assume that you already have an interesting and promising idea for a new product. You have calculated that the idea will pay off, you understand how much money you need to raise for the project, and you have already clearly worked out an action plan after attracting funding. In this case, you can start attracting funds using a crowdfunding platform.
Next, we will look step by step at what a budding entrepreneur needs to do to raise funds on a crowdfunding platform.
Step 1: Select a site
The first thing you should start with is finding a crowdfunding platform that germany phone number list suits you. Today, there are many specialized sites, both Russian and foreign. Each platform has its own unique conditions, a certain type of crowdfunding audience and, most importantly, specialization in a specific niche.
One site may be more focused on innovation, another on technical areas, a third site on charity. Some platforms are universal and suitable for classic business.
There is no point in asking for funding for a business idea on a foreign platform if you are only targeting a Russian product.
Remember the terms of each platform and base your decision on them. For example, it is worth looking at the commission, as well as the withdrawal time.
Step 2: Create a user reward system
This point is usually implemented in parallel with the selection of the site and the description of your idea. In order to attract donors faster, it is necessary to come up with a worthy reward for their trust in your project at an early stage of its development. This is done using several methods.
At the same time, the reward itself should not be too much of a financial burden on the project. It is not allowed that the majority of the proceeds go to creating rewards for donors. Such expenses are unprofitable. For example, in order not to give a large reward to everyone, you can develop a gradual system of bonuses depending on the amount of the donation.