5 Best Crowdfunding Sites to Raise Money in 2020
We currently live in a world where it has become easier to gain sponsorships and monetary support for your great ideas.
Multiple great inventions experienced humble beginnings in crowdfunding sites, achieving fame and subsequent fortune through the very same sites. All you need is an idea, a great business pitch, and a few strangers to listen to you, and you could be well on your way to becoming the next big thing from crowdfunding.
However, the variety of choices available to potential crowdfunding stars makes it incredibly difficult to choose which site is the best for you.
Not only do you need to consider how to gain traction and benefits, but you need to consider how to create incentives for potential investors as well. Are you unsure which crowdfunding site is the best choice for you?
Here are the top 5 best crowdfunding sites for you to consider.
Want to be able to keep the money you raise regardless if you meet your goal?
Indiegogo is the best choice for you. It comes with payment and investment tiers, allowing investors to have greater incentives and receive freebies if they choose to invest more money.
Earn support and keep the money
The best part about Indiegogo is that you can keep the money your projects able to generate.
Unlike other crowdfunding sites, Indiegogo allows you to keep your hard-earned cash even when you’re unable to reach your goal by the deadline.
This is incredibly helpful for small companies or self-owned businesses who need the money to continue their dreams.
One downside of Indiegogo is the additional fees it charges people.
A 5% transaction fee is charged to you if you want to use the website to raise funds. If you choose the flexible funding option so that you can keep your money, an additional 5% is charged to the total amount you raised.
Interested in using Indiegogo? See more important information on their website.
Are you a creator looking to earn more money while providing fans with premium content?
Consider trying Patreon. While it works differently from other crowdfunding sites, Patreon still takes the general idea of crowdfunding and makes it beneficial to content creators.
By letting fans, or “patrons”, pay through a monthly subscription, you give them access to exclusive content that only they can have.
Whether this comes in the form of earlier video and music releases, behind the scenes clip, or basically anything you can think of, Patreon allows you to be more connected to the people that matter the most.
Changing up the game
Since Patreon uses a different method of crowdfunding, content creators are more inclined to creating different ways to catch the attention of fans and investors.
Because of this, content creators are more likely to evolve and adapt to the demands of their clients, leading to more satisfaction from fans. The different tier levels also generate unique ways for fans to support their favorite artists.
Do you want to be part of the Patreon legacy? Click here to find out more.
For an all-in-one crowdfunding tool, consider trying Thrinacia.
When compared to other crowdfunding sites, Thrinacia truly stands out. It allows companies and individuals to set up their own crowdfunding website and provides them with the tools necessary to track the progress of their funds.
It helps you have a clear and concrete flow of how you advertise your product, making it a great way to boost traffic and interest.
Experience is key
While this crowdfunding site may provide you with the tools you need, it still needs a bit of expertise and experience to be fully effective.
The more you are aware of your goal and how you would want to present your product, the clearer you can present it on the site. Since Thrinacia provides you with the ability to create your own website for your project, you need to ensure your advertising strategy is crystal clear.
Thrinacia gives great perks and autonomy to business owners and individuals looking to make the next best investment. With a cheap fee of $39.99 a month, all these perks can be available to you.
Interested? Go to their website and find out more.
Looking to raise funds for free? Check out Fundly.
While primarily advertised as the best option for nonprofits and charities, they feature an option for individual fundraising as well.
Fundly focuses on the heart of fundraising, prioritizing the story of the fundraiser above all else.
Fundly allows nonprofit organizations to present the core of their fundraising project.
By allowing nonprofits to have a platform, Fundly grants them the capability to connect with people and help them understand what the organization is all about.
The organizations are also given the capability to add to the narrative by including Facebook posts and additional stories.
Fundraising on the go
Fundly also features a sleek and easy to use mobile app that can be downloaded on any phone. Use their mobile app to keep track of your fundraising anytime, anywhere.
Ready to use Fundly for your fundraising needs? Find out more about Fundly when you click this link.
GoFundMe prides itself on being the #1 choice for individual pursuits.
If you are someone who prefers to work solo, GoFundMe may be the best site to fulfill all your crowdfunding needs.
Anyone can create a product or a service and use this website as a means to achieve their goals.
Literally anything you need
Unlike other crowdfunding sites, GoFundMe does not require you to have a product to sell.
You can generate funds for a sick family member, a friend’s birthday, or even your own personal whims. GoFundMe grants you the capability to be closer to achieving what you want.
On the benevolence of people
What sets GoFundMe apart from other crowdfunding sites is that it relies on the benevolence and goodwill of other people.
It offers no incentive or returns, no subscriptions, and no tier lists. This could be beneficial to you since you wouldn’t have to worry about providing the rewards.
However, it also means that there is less incentive for people to contribute to your fundraiser.
Is GoFundMe the best option for you? Click here to find out more.
Regardless of what time of crowdfunding you need, these sites are here to help you reach your goals. In the age of technology, making your own product may not be as impossible as you think it is.
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