8 Things to check when choosing a crowdfunding website |
Posted: January 2, 2023 |
Over the past ten years, crowdfunding has become a reliable source of funding for a variety of causes, both private and public. Crowdfunding is the process of generating money for a particular project, such as a startup company venture, philanthropic organisation, or project. A crowdfunding website in India is more likely to raise money for charitable initiatives that help the needy. What considerations should you make when choose a crowdfunding website if you intend to raise money for a good cause or a serious medical issue? Listed below is a list: 1) Alignment with your goal- Fundraising can be done for a business, an art project, a social cause, or even for a person's medical bills. Different crowdfunding platforms meet various needs. It's critical that your objective line up with the one of the crowdfunding platform. The characteristics of the crowdfunding website and the funding mechanism it employs have a big impact on how well your fundraiser turns out. Before continuing with the selection process, you should make a shortlist of platforms that are appropriate for your domain. Give, India's largest and most reputable giving platform with a huge number of verified NGOs on its site, can be your go-to site, for instance, if your goal is to raise money for an NGO of your choice. On the platform, you can also raise money for an urgent medical need.
2) Reliability- If the hard-earned money of your backers ended up in the hands of an unreliable crowdfunding platform, it would be nothing short of a disgrace. It is essential that you research the potential crowdfunding platforms you have selected. 3) Past success is important- You must pick a website with a solid history of executing successful campaigns because the repercussions of falling short of financial goals for a social cause or a medical emergency can be severe. One of the most reliable indicators of a crowdfunding platform's quality is its track record, which is why it should be checked first. A crowdfunding site in India only develops domain authority and reputation after a number of profitable campaigns. When it comes to donating to charitable causes, Give is the website that Indians most frequently use. 4) Talent matters The staff behind the crowdfunding platform makes a big difference in whether a campaign succeeds or fails. While recurring campaigns on a crowdfunding website may be a sign of the skill at work, you can perform a deeper investigation by visiting the platform's about us page and by using social media. Give is not only the biggest and most reputable online crowdfunding platform in India.5) Payment MethodsA campaign's likelihood of success or failure depends heavily on the team behind the crowdfunding site. While recurring fundraising campaigns on a crowdfunding website may be a sign of the skill at work behind the scenes, you may perform a deeper investigation by visiting the platform's about us page and by using social media. The most reliable online crowdfunding platform in India is Give, which is also the biggest platform. A potential donor may choose not to participate in the fundraising if they do not have access to the appropriate payment option. The crowdfunding website should accept payments through all common methods, including credit card, electronic fund transfer, and others. If the platform also supports international fund transfers, that is a huge plus.6) Social Media reachA crowdfunding campaign can help you gain attention or serve as a trial run for your concept or cause, so it's not just a tool for raising money. You can increase your chances of reaching your financing goal and gaining attention by using a crowdfunding platform with a large social media following. The popularity and authority of a crowdfunding website can also be gauged by looking at its social media following.7) SupportIt can be a nightmare to work with a service provider who does not provide prompt assistance with problem resolution or troubleshooting. A successful fundraiser may depend on the support staff's accessibility and availability. One of the best support teams of any crowdfunding platform can be found at Give.8) Campaign executionAlways browse crowdfunding platforms to see what campaigns are currently running. How does the landing page for the campaign look? Do the visuals exist? Does the user interface look appealing and is the campaign promoted on other platforms? Broken links on the campaign page or content that isn't where it belongs should be taken seriously.Pick a platform that only levies a little cost or none at all when it comes to crowdfunding for NGOs. Creating a crowdfunding campaign on Give is simple and cost-free, regardless of whether you are raising money for a cause you care about or a medical emergency.
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