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Crowdfunding is a popular way to raise money for entrepreneurial, social and charitable projects. Folks use crowdfunding to launch new sneaker designs and to fund schools in developing countries; this online crowd-supported tool can be useful, but nearly half of all campaigns fail. Avoid the pitfalls of crowdfunding mistakes and launch a successful campaign by utilizing these strategies.
Select the Right Platform
The number of crowdfunding sites has increased over the years, each with their fees, limitations, and opportunities. Your campaign’s success is impacted by the site you choose and specific factors that include: