A new revolutionary source of support and a significant contributor in granting funding across the internet in a group is called crowdfunding. According to Gogorocket.com 100 million US dollars was guaranteed in 2011 on the Kickstarter website alone, launching around twenty seven thousand projects at a 46 percent success rate. To get more significant information you can log on to http://gogorocket.com.
When you are starting a new business, it naturally requires certain resources to establish, but raising funds at initial stage of the business is a difficult process. To any business the essential element to get success is through having certain assets and ability in raising funds to sustain in this competitive business world. However, getting traditional loan is not very helpful, but with crowdfunding a new innovative financing support, a smart new movement in funding is the best way to get help and sustain in the market successfully.
What is Crowdfunding on Indiegogo?
It is a new trend and a new approach in raising the required money for small businesses to sustain in the industrial market. A set of investors contribute their resource to support small businesses initiated by organizations or individuals. With crowdfunding, various businesses can get benefited from political campaigns, product or service based business, scientific researchers, artist and software developers. Gogorocket.com is known as one of the leading services that can give your campaign on a nice boost on Indiegogo. Find that extra push to the top pages with GoGo Rocket’s service.
Websites like Indiegogo and Kickstarter permits individuals to contribute funds to a business, project or a cause in exchange for free products, gifts, or any other subsidiary benefits. In March 2012 the Federal Jobs Act has legalized equity-crowdfunding issue to a various legal regulations and requirements that are presently being summarized by the SEC (Securities Exchange Commission).
Tips for Crowdfunding:
There are various crowdfunding platform are available today. Selecting the perfect platform is important for your business funding needs. The second tip is if you want to be successful, then you should be able to provide reward for potential investors. The reward must be based on the kind of campaign that you are managing. Finally, you should consider various ways to connect with prospective investors. This can be achieved successfully through creating various marketing campaign.
Crowdfunding on Indiegogo vs. Kickstarter:
Kickstarter is one of the best companies in the crowdfunding field and helped raise funds over 46,000 victorious campaigns, to get more information logon to Gogorocket website to find about crowdfunding on idiegogo or Kickstarter. Today, Kickstarter is very successful because of its firm qualification policy, all-or-nothing funding-policy, and etc.
According to Gogo rocket resourceful study, preparing specially for a resourceful project-based campaigns, and when you are submitting to Kickstarter it must fall in one of these categories that includes comics, art, fashion, design, dance, food, film, music, games, photography, technology, publishing or theater. The projects that do not congregate Kickstarters qualification may get rejected.
However, indiegogo does not have very strict guidelines. They basically permit crowdfunding for everything that includes charities, trips, projects and etc. Indiegogo’s approach of campaigns is different than Kickstarter, it does not place restrictions or curate campaigns on project creators. Any individual with a design, financial need and with legitimate bank account can craft a campaign. It also offers various choices to raise funds through flexible funding and fixed funding campaigns.