KickstarterForum.org

[victorjack]

The overwhelming business opportunities and blooming global market recognition ignite a new age entrepreneurship pattern and thus bestow immense possibilities into the hands of today’s crowdfunding platforms. Renowned Crowdfunding platforms such as Kickstarter and Indiegogo are the perfect examples of how to propitiously implement a crowdfunding business plan as they successfully raised huge revenues from the percentage of the funds raised for other businesses. This topic reflects a complete guide to support your efforts to set up a crowdfunding platform.

Features To Acknowledge

An exceptional crowdfunding platform is the one which satisfies the expectations of both creators and investors. It blends both the ingredients, offers them similar attention and thus delivers a comprehensive solution. Undermentioned few exemplary features to consider while developing your crowdfunding portal.

Functional User Interface For Top-grade flow process

This is the prior factor that generates an impression on your user’s minds. Moreover, it plays a vital role in their decision-making process as well. When considering crowdfunding, new ideas are the fuel that drives the business. So it is recommendable to incorporate relevant categories, and suitable form fields, moreover, allow creators to include descriptions, website, images, videos etc related to the project. In whole, produce a streamlined management system to manage, create, edit and post-crowdfunding ​projects.

Even-handed Approach To Incorporate Both Creators And Investors


A successful fundraising business is all about how well you integrate the creators as well as investors. The fundamental concept is to treat both entities with equal importance by assuring similarity and thus create an impression of recognition.

Design an investor alone area where creators can share special updates/rewards with them.

Add a specific space for entrepreneurs to showcase their successfully funded projects.

Include a ‘get to know’ feature that allows investors to communicate with project owners directly before funding any projects.

Allow users shortlist their favorite projects, report those which violated the guidelines.

Solid Payment Gateways For Flauntless Transactions

Since crowdfunding is all about fundraising, a reliable payment gateway system is the most important factor to consider while setting up your crowdfunding portal. One can always choose between two known payment methods, all-or-nothing or partial models.

Kickstarter uses the all-or-nothing model. It involves gathering pledge cards rather than actual payments and is preferred by investors – the money is not funded unless the goal is met and they have better faith that the project will proceed. Whereas, the partial payment method includes collecting the money up front and giving at least a certain amount to the project. Most importantly, pick from the right online payment gateways, Wepay or Paypal.

Build A Mobile App For Improved Visibility

Launch a mobile app for both iOS and Android, that might help project owners to track their project’s progress. At the same time, investors will get real-time updates as well. Every business, whether it is an industry expert or a small one, they all incorporate mobile apps into their business strategies. This happens as they realize the potential possibilities of mobile applications in improving the visibility and brand recognition, creating a direct marketing channel, enhancing customer loyalty and so much more.

Content source: https://www.agriya.com/blog/launch-your ... -features/

[Cristina]

This post has been moved to the Kickstarter Tips and Advice section.

[mark_berg]

Thanks for sharing, helpful for kickstarters who are looking to kick-start a crowdfunding business model.