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May 9, 2024

3 Helpful Crowdfunding Tips

From funding LASIK surgeries to helping promising businesses, crowdfunding has started revolutionizing the way we raise capital. But with so many campaigns vying for attention, how do you make yours stand out and reach your financial goals?

Here are 3 helpful tips.

Leverage Early Momentum

Why is early momentum a big deal? Well, it shows potential backers that your project is worth betting on. When people see that a project is already pulling in some serious support, it signals trust and viability. Plus, crowdfunding platforms often spotlight projects that get off to a strong start, boosting your visibility.

You want to get your inner circle fired up about your launch. Prep friends, family, and core supporters by letting them know exactly when you’re going live and why their early contributions are crucial.

For example , say you’re launching a new eco-friendly water bottle. You could host a small launch party or an online webinar a few days before going live. Here, you’d share your vision, the impact of the product, and how they can help get the ball rolling. Then, when the campaign launches, they’re ready to contribute and share the link, giving you that initial boost that gets everyone talking.

Optimize Your Page Layout

First impressions really do count, especially in crowdfunding. A well-organized campaign page grabs attention and helps potential backers understand your project quickly and clearly.

You want a catchy headline and a standout video or image. Keep your page flowing with easy-to-read sections that explain what your project is all about. And use lots of visuals—photos, infographics, even GIFs—to break up the text and draw the eye to important features.

Say you’re crowdfunding for a new board game. Start with a vibrant video clip showing all the fun moments players can expect. Then, add images and infographics that lay out the game rules or map out the game’s development journey can make your page even more engaging.

Utilize Social Proof

Social proof gives your project a huge credibility boost. When backers see that influential people or respected publications are endorsing your project, they feel more confident in joining the bandwagon.

Before your campaign kicks off, gather any endorsements, testimonials, or press features you’ve managed to secure. Display these proudly on your campaign page and include them in your updates. Videos or written testimonials from recognizable figures in your industry can be particularly impactful.

Say your project is a documentary on climate change. If a well-known environmental advocate or a reputable scholar has backed your project, highlight this endorsement right at the top of your page. If you’ve received press, make sure to showcase these articles or mention them prominently. This kind of social proof can persuade hesitant backers to take the plunge.

With these strategies, you’re not just asking for money; you’re building a community around your project and giving people compelling reasons to join in. So, gear up, plan meticulously, and watch as your crowdfunding campaign takes off!

 

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Trish here! I’m a stay at home mom, a writer, a blogger. I love my family – three kids and a husband. We also have a cat and a dog. Our household can seem pretty busy at times, but everyone always pitches in to help out Read More…

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