10 Tips for successful crowdfunding!

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Crowdfunding has become a popular way for individuals and businesses to raise funds for their projects. However, not all crowdfunding campaigns are successful. Together with BackaBusiness by Nedbank, to increase your chances of success, here are ten tips to consider:

  1. Be committed – Work your campaign!
  2. Be determined – 42% of funds are raised in the first 3 and last 3 days.
  3. Be personal – The best outreach is personalised – people are more likely to respond if they know you.
  4. Be active – When people see activity in your campaign, they’re more likely to give.
  5. Tell a good story – People are willing to give if you give them a cause worth supporting.
  6. Have a team – Don’t go it alone (call on family and friends to help).
  7. Be realistic – Don’t set too high a goal – aim for the R10K reward and then go further.
  8. Keep momentum – Campaign momentum is really important – stick to the daily High 5!
  9. Be a marketer – Advertise the campaign before you go live.
  10. Be creative – Communicate and sell your campaign.

Click here to download the Crowdfunding Handbook

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