Diversifying Your Crowdfunding Strategy: Alternatives to GoFundMe
Crowdfunding has become an increasingly well-known method for raising money for personal, creative, and charitable endeavors. GoFundMe is perhaps the most famous platform for crowdfunding, but there are many other alternatives to consider. We will explore some of the best GoFundMe alternatives and the benefits of diversifying your crowdfunding strategy.
Kickstarter is a popular crowdfunding platform focusing on creative projects such as film, music, art, and technology. Unlike GoFundMe, Kickstarter requires project creators to set a funding goal and offer rewards to backers in exchange for their support. If the funding goal is not met, the project receives no money. Kickstarter takes a 5% fee from successful campaigns.
Indiegogo is a popular crowdfunding platform that allows users to create campaigns for various purposes, including personal, creative, and entrepreneurial projects. Indiegogo offers fixed and flexible funding options, meaning that campaign creators can choose to receive all or none of the funds raised. Indiegogo takes a 5% fee from successful campaigns.
Patreon is a unique crowdfunding platform that allows creators to receive ongoing financial support from fans and supporters. Creators can offer patrons exclusive content, early access, and other perks in exchange for their support. Patreon takes a 5-12% fee from successful campaigns.
Fundly is a crowdfunding platform that focuses on personal and charitable causes. Fundly offers flexible funding options and allows users to create campaigns for various purposes, including medical expenses, education, and animal rescue. Fundly takes a 4.9% fee from successful campaigns.
Crowdfunder is a crowdfunding platform that focuses on business and entrepreneurial projects. Crowdfunder offers equity and rewards-based crowdfunding options, allowing users to create campaigns for startup capital, growth, and expansion. Crowdfunder takes a 5% fee from successful campaigns.
Diversifying Your Crowdfunding Strategy
While GoFundMe may be the most well-known crowdfunding platform, there are better options for some fundraising campaigns. Diversifying your crowdfunding strategy using multiple platforms can increase your reach and help you achieve your fundraising goals.
Consider Your Audience And Goals
When choosing a crowdfunding platform, it is important to consider your audience and goals. Different platforms attract different types of donors and supporters. Kickstarter is a well-known platform for creative projects, while Fundly is better suited for personal and charitable causes. Consider what type of donors you are trying to attract and choose a platform that aligns with your goals.
Offer Unique Perks And Rewards
To stand out from the crowd and attract donors, offering unique perks and rewards for your crowdfunding campaign is important. Consider what incentives would be most appealing to your donors and offer meaningful and achievable rewards.
Promote Your Campaign on Social Media
A powerful tool that can promote your crowdfunding campaign and reach a wider audience can be social media. Promote your campaign on all social media platforms and encourage friends and followers to share it.
In conclusion, while GoFundMe may be the most well-known crowdfunding platform, there are better options for some fundraising campaigns. By diversifying your crowdfunding strategy and using multiple platforms, you can increase your reach and improve your chances of reaching your fundraising goals. Consider your audience and goals, offer unique perks and rewards, and promote your campaign on social media to achieve the best results.