6 Crowdfunding Websites That Market Your Project
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Mar 19, 2013 12:05 GMT PART 5 - 6 crowdfunding websites that market your project Crowdfunding websites are platforms where creators can lay out their project, enterprise or idea in order to seek financing from many contributors. The service provides a payment solution and there is frequently a template for what you can highlight in order to communicate in the best possible way. Here I take the opportunity to list six major crowdfunding websites. 1. Kickstarter.com Scope Kickstarter is the largest and best known crowdfunding platform. The website’s accent is on art and the media. Fee Kickstarter retains 5% of the financed amount where the money has come in before the project’s end. In addition, Amazon (which offers the payment solution) charges a transaction fee of 3.5%. A US bank account is required to start a project here. 2. Indiegogo.com Scope Originally, Indiegogo focused on film projects. Currently there is a variety of creative projects here, including charity projects. “Indie” is an abbreviation of the term “independence” in this context. Fee Indiegogo retains 4% from each project and 3% as the fee for card payments as well as $25 for those campaigns from outside the USA. 3. Sellaband.com and Pledgemusic.com Scope Sellaband is focused on music and helping musicians to raise funds. You also have freedom for unlimited collaboration, at the same time, with record companies, management companies or publicists. A similar crowdfunding website is Pledgemusic. Fee For both Sellaband and Pledgemusic the fee is 15% of all the money you have raised. 4. Crowdrise.com Scope The website focuses on raising money primarily for charity causes. Money is collected for animal protection, art, culture, illnesses, education and religion. You can also raise money for yourself e.g. for birthdays, weddings and so on. Fee To calculate the size of the fee for starting a crowdfunding project can be complicated. The fee for fundraising is 4.95% of the collected money, but there is also a transaction fee though it is difficult to know how much this is. For nonprofit organisations, you are able to choose from a selection of account types ranging from free of charge up to $199 payable as monthly fee. 5. Crowdfunder Crowdfunder is especially focused on startups and small enterprises. The company sells "equity stock, debt and income based on securities to investors on the Internet", which means that only entrepreneurs with solid business plans are accepted. Fee You only pay fees if you reach your crowdfunding goals. If a campaign succeeds, Crowdfunder receives 5% and Amazon Payments 2.9% together with a transaction fee of $0.30. 6. Luckyant.com Area The purpose is to support small businesses in their own neighbourhoods. Lucky Ant focuses on a single project which will help these companies to grow. It may relate to new equipment, brand development, advertising campaigns, new personnel and even repairs. Each crowdfunding project has seven days to achieve its objective. Fee If the financing has reached the target set, Lucky Ant will charge a commission. The fee covers hosting of the project, credit card transaction fees and marketing. The size of the commission, however, is not clear from the website. You are welcome to read also the previously published articles in this article series. PART 1 – What is crowdfunding? PART 2 - 6 reasons why people contribute to crowdfunding projects PART 3 - 6 reasons for starting a project with the aid of crowdfunding PART 4 - 11 tips on how to achieve success with your crowdfunding project Many thanks for reading the article! You are welcome to comment if you use any of these crowdfunding websites or happen to know of any others. @ThessanW, Therese Walve Online Marketing Manager, ComAround www.comaround.se Follow us on: TwitterFacebook LinkedIn Contacts Therese Walve Press Contact Marketing Manager [email protected] +46858088631.