We have all heard about it but how does it actually work? (current data to add). Crowdfunding works in 4 different ways - donation to a good cause, reward based where you offer something to investors in return for their investment, debt where interest is paid on earnings or equity where an investor takes a share of your business. Rewards can be anything from discounted membership, discounts on products or services or a physical gift like a t-shirt or mug, Whether it's your own idea we've monetised, a bespoke concept or one of our off the shelf concepts we can help you select the best funding site for your project, set up a crowdfunding page, promotion campaign and presentation. We advise seeking funding up to a minimum level of full design and developers specification as you're limited to how often you can run campaigns on funding sites. Each project is different of course but we will provide a cost for full design/developer specification on your project once concept and content is defined in order for you to set a funding level. We would suggest a separate campaign to get the project into full development and we advise including marketing costs into your funding target. For larger projects an investor presentation maybe more applicable. If crowdfunding doesn't reach target it's also there as an alternative.
*Projects must be completed within 12 months and enhancement concepts & strategies remain © The Interactive Business Enterprise Ltd until the project is live and generating income. To reduce risk for you upfront costs are kept to a minimum with concepts taken into full development subject to a 5% commission on sale, subscription or revenue source. Commission is also paid on sale of concepts. See T&Cs for full details.