CrowdfundHQ Article

Why You Should Start a Crowdfunding Platform

Posted by Jerry Jones on September 20, 2013

1. Be the Future of Money

The crowdfunding market nearly DOUBLED from 2011 to 2012, and it doesn't indicate any plans of stopping. Crowdfunding is expected to be a 5 Billion dollar industry in 2013.

If you get in now, you'll be part of a booming market that gives power to the people, and that is already changing fundraising and investing as we know it.

Source: PRNewswire

2. Enjoy Your Job as a Crowdfunding Site Owner

Starting a Whitelabel Crowdfunding Site means you get to work for yourself and live and breathe success stories. Our clients are constantly hearing a big "THANK YOU!" from people who create successful campaigns on their sites.

After all, wouldn't you be happy if you just raised thousands of dollars to make your dreams a reality?

3. It Doesn't Take Much to Have a Profitable Crowdfunding Site

You don't have to be bringing in as much revenue as KickStarter or IndieGoGo to be successful. It really doesn't take much. Here's an example if you take the average 5% fee for listing campaigns on your site.

Revenue/Month (Campaign Contributions) CrowdfundHQ Platform Cost/Month Profit/Month
$5,000 $99 $151
$20,000 $99 $901
$50,000 $199 $2,301
$100,000 $199 $4,801
$500,000 $199 $24,801

CrowdfundHQ's pricing is simple - and there are NEVER any transaction fees from CrowdfundHQ.

4. Crowdfunding Campaigns drive their own traffic

One thing most people don't realize is that a campaign on a new crowdfunding site doesn't really have a disadvantage over listing their site on a larger crowdfunding site. Nearly all contributions and traffic are driven by the campaign creator themselves.

In fact, there's an argument to be made that listing your campaign on a smaller site gives you a better chance of being featured, giving more visibility to random visitors.

As long as you can get quality campaigns listed on your site, you'll be successful.

5. Crowdfunding Empowers People

We all love to help people, and that's what Crowdfunding is built on. Your crowdfunding site might help lift someone out of poverty, give them a chance to make their dreams a reality, or allow them to feel connected and cared about in this world. Your site & job could change thousands of lives. Not bad for a day's work.

How to Start Your Own Crowdfunding Site

If all of this sounds good to you, start a no-risk, free site and read this article we wrote on how to start a successful crowdfunding site so you know what you're getting into. And feel free to contact us and ask any questions you have.

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