The crowdfunding market was expected to grow $34.4 billion in 2015 and it certainly met expectations. This has resulted in wide availability of funds for entrepreneurs with brilliant ideas. The phenomenal growth motivated people to come up with unique crowdfunding based ventures. However, just creating a crowdfunding website doesn’t mean you will be able to compete with the likes of Kickstarter, Crowdfunder and Indiegogo.
To successfully launch an advanced competitor, you need a strong marketing strategy, sound knowledge of business model and site features. Read on to learn about key crowdfunding portal features that will help your startup gain popularity and gain acceptance;
Entrepreneurs, startups, and artists depend on crowdfunding websites to raise money from funders looking for projects worth investing. So, it is kind of obvious that the platform would require functionality that will empower entrepreneurs to feature projects.
Any platform can incorporate this beautifully by offering;
Such features make the very core of any fundraising software. So, make sure how they are part of your crowdfunding clone website script.
Discover 10 Critical Points to Launch a Successful Crowdfunding website Clone
Just creating a crowdfunding website by using fundraising software is not going to make entrepreneurs register and start projects. There are various websites already active on web. Even if you cater to a unique audience, you need to score high in user experience to start the word-of-mouth. Below are the user experience related points that have the capability to make your platform the master of the crowdfunding game:
If you fail to make the whole process of starting process simple, people are going to choose other funding platforms over you.
Launch your own crowdfunding clone website at small development cost
Reports related to rewards, backers, revenue, and commission are important for creators. That is why best crowdfunding clone website script should include powerful report generation features. In the absence of such tools, creators will find it difficult to make project changes.
The platform should also bring impressive features that help manage rewards, backers, updates, funds, funding period, and much more. So, if you are planning to launch your own crowdfunding website, make sure your web development partner integrates such features.
Learn how much your unique fundraising website will cost
Crowdfunding is a billion dollar industry which has created brands like Ouya and Oculus. With billions of dollars changing hands, such portals requires advanced security provisions and support to investors.
Your platform can add value to itself by integrating features like:
Building a community that is ready to lend money cannot be done without advanced back-end and front-end features. So, you need an online crowdfunding website that will not only offer flawless experience to lenders and project creators but also give control in your hands.
If you really want to launch a fundraising website that can create a name for itself then just a clone script cannot do the trick. You need the expertise of a development team that can guarantee the best features of leading fundraising websites, and create new ones as per your requirements.
In addition to that, your fundraising website also needs a unique design to ensure you aren’t counted as just-another-clone.
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Harish occupies the chair of Technical Head at FATbit and is also known as the Master of Code. He has played crucial role in honing technical skills of FATbit development team, and mentors young programmers as well.
Comments (1)
Sebastian
Great features to think about and incorporate into any new crowdfunding platform. Staying competitive is the key.