How To Use Crowdfunding as a Combined Funding and Marketing Campaign – Lasse Mäkelä, Invesdor
The benefits of crowdfunding in a nutshell
- Full control of the process and investor selection
- More time to develop the business
- Less red tape
- Motivated shareholders
- Direct feedback
- Opportunity to combine the marketing and fund raising processes
Crowdfunding platforms such as Kickstarter can take a lot of pressure off when you are looking for investors and good projects can take off quite easily. Some success stories might have been denied finance from the traditional financing sources.
With crowdfunding you will greatly benefit from the sheer size of the platform and its users.
But, wait! Investors have benefits too!
- it`s simple and easy
- it`s all online and easily reachable
- It`s an exciting alternative to the "usual instruments"
- it`s an opportunity to contribute and be part of great stories!
Crowdfunding is about raising capital for new projects and businesses and a great way to find partners.
Traditional methods are difficult and time consuming. You only have a limited amount of friends, family members and also business angels and venture capitalists.
Makes me wonder which Kickstarter projects would have been denied funds from the "usual sources". Even if not good business then some projects just have a huge cool factor, which makes it interesting for the crowdfunders
Your story needs to touch the hearts of investors!
Usual motivations for investing for the average person can be:
- I can be one of the owners or THE owner of a company
- I can make some serious money aka get a nice return
- I can take part of a great story
- I can help my friends
Ultimately, our goal is to have 500 business owners around the world!