Crowdfunding works on the basis of many people donating small amounts of money to a cause .
Did you know that only 22.4% is the average success rate of crowdfunding campaigns.
Isn’t it quite shocking? Is there a significant gap between the way you envision your campaign and the way it turns out? What does it actually take to create, launch and run a successful crowdfunding campaign?
Let’s have a look at the do’s and don’ts of a successful crowdfunding campaign
Successful crowdfunding campaigns take an average of 11 days to prepare.
Adding personal information to your campaign could get you 79% more backers.
Campaigns with personal videos raise 105% more than those without them.
53% of email shares, 12% of Facebook shares and 3% of twitter shares convert into donations.
Campaigns that are shared less than 2 times have a 97% chance of failure.
Campaigns that updated followers regularly raised 126% more than those with no updates.
Hope the do’s and don’ts of running a crowdfunding campaign will help you ace yours. Remember that awareness is the most crucial factor when it comes to a campaign’s success. The more aware your potential donors are, the more likely they are to contribute. Do let us know what you feel about the same in the comments section below.
Feel free to check out what makes Donatekart the most trusted and transparent crowdfunding platform in India.