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Crowdfunding is a method of raising funds for a project, product, or cause by soliciting small contributions from a large number of people, typically through an online platform.
Crowdfunding campaigns often offer rewards or perks to incentivize people to support the project.
Incentivize people to support the project.
Crowdfunding campaigns often offer rewards or perks to incentivize people to support the project.
this the best program and the timelines of the course is very okay
crowdfunding is much easier now
Social media is the best way to reach large audience. also it increase Visibility and create a sense of belongness to the community.
crowdfundraising it's all about raising small amounts of money from large number of people, it happens online.
as we can now create smart goals, networking and create campaign page
Online crowdfunding is just a practice of raising small amounts of money from a large number of people.
It is much easier to grow using online fundraising because it enables you to reach a large audience.
Great. It will help you to get more donors
I learned how effective it is to fundraise online rather than offline in order to reach a broad audience
It sure is
I didn't know that there are sites to actually help you raise funds for your projects
It is important to use social media as a visibility tool as much as using it for direct conversion.
This is something that I took away for myself as well.
I have an extendd experience in enternet based crouwd funding which we runned for 3 months and collected more than 3000 dollar.
Using one of the social media influencers can be a way of getting fund for your organization, and or initiatives. Not only this but also, you can use your own channel in Youtube or other web to show the needs and the cases, this will let people and donors know the impact you have left behind.
Using one of the social media influencers can be a way of getting fund for your organization, and or initiatives. Not only this but also, you can use your own channel in Youtube or other web to show the needs and the cases, this will let people and donors know the impact you have left behind.
This is amazing. Also posting reports and sharing photos of the work done can demonstrate the success to others how the the efforts made change, also it clarifies to people how your mission is so true.
It would be so good, you share these sites here, so those who read can refer to and start the way forward.
Thank you kavita. I really enjoyed this course.
Awesome course. Raising awareness is always a great way to start before asking money
Using social media as a fundraising strategy:
1- The best way to communicate with donors is on Twitter because most of the senior management in the big donor use Twitter for easy use and easily putting the shortest and most focused points.
2- Try to get two to three big donors and used that to promote your organization.
3- build a strong website without too much color and too much information.
4- Try to be involved in the global donor meeting for your country or area.
5- Cluster meetings as well is the best to know the newest projects' needs from donors and to get new ideas for future projects.
I agree with you, I am so happy that now I am empowered to fundraise for my non profit
Social media is really powerful but you have to master it's use to get the best out of it.
Crowdfunding is a popular way to raise funds for projects or ventures by receiving contributions from a large group of people via the internet. Here are some ways to achieve crowdfunding:
Choose a platform: There are several crowdfunding platforms, such as Kickstarter, Indiegogo, GoFundMe, and Crowdfunder. Each platform has its own set of rules, fees, and terms, so it's important to do research and choose the one that best suits your needs.
Set a clear goal: Set a clear and realistic fundraising goal that will cover the expenses of your project or venture. It's important to be transparent and honest about where the funds will go.
Create a compelling campaign: Create a compelling campaign that tells the story of your project or venture and why it's important. Include high-quality images and videos that showcase your idea.
Offer rewards: Offer rewards or incentives to encourage people to donate to your campaign. These can be anything from early access to your product or service to personalized gifts.
Promote your campaign: Promote your campaign on social media, through email marketing, and by reaching out to your network of family and friends. It's important to build momentum early on and keep your supporters engaged throughout the campaign.
Follow up and show gratitude: Once the campaign is over, follow up with your supporters and show gratitude for their contributions. Keep them updated on the progress of your project or venture, and continue to engage with them over time.
Great, very concise and straight to the point.
For social media:
Know your audience and create content that speaks directly to them.
Consistency is key. Post regularly and at times when your audience is most active.
Use visuals to grab attention and make your content more engaging.
Engage with your followers by responding to comments and messages.
Monitor your analytics and adjust your strategy accordingly.
For crowdfunding:
Start with a clear and concise pitch that clearly communicates the problem you're trying to solve and how your product or service solves it.
Set a realistic funding goal and provide transparent information about how the funds will be used.
Offer rewards that are enticing and valuable to your potential backers.
Launch your campaign during a time when your target audience is most likely to be active and engaged.
Promote your campaign through various channels, such as social media, email marketing, and partnerships with relevant influencers or publications.
understand that crowdfunding helps in keeping donors engaged - by allowing them to focus on a specific need.
Handsome
Cool handsome
The Best social media which is important to me now for crowdfunding is email address.
Of course ,this lesson is very helpful to me and others fundraisers as it provides more details explanation of crowdfunding via social media,the importance of online and offline fundraising .the Best online social media for me now that I could recommend is email address.
Crowdfunding is a very crucial technique to raise funds.
Using social media as a support for crowd funding. when thinking about it goes so much deeper than i thought. Of course you can create the crowdfunding page and share it with social media. but then taking that social media and building a community is the next step that I had never thought of.
@ThaoTran said in Module 4 Discussion: Crowdfunding:
Respond to this prompt after completing the content in Module 4.
What is one social media best practice or crowdfunding tip that you learned from this podcast that you didn’t know before? Post it in the discussion forum.
Read through your peers' posts. Do you have experience implementing one of the best practices or tips that your peer identified? If so, please respond and share an example of how you have implemented it.
I had had a similar experience with people not quickly donating to the website. The best tip I learned was use crowd funding to illict support but not neccesarily funds.
I learnt that it is easier to use social media to convert contacts into donors
amazing course and great job done
Effective Storytelling: When creating a crowdfunding campaign, storytelling plays a vital role. Craft a compelling narrative that conveys the mission, impact, and personal stories behind your cause. Make it relatable, emotional, and inspiring to capture the attention and empathy of potential donors. Use visuals such as photos or videos to enhance the storytelling and create a strong emotional connection.
One social media best practice or crowdfunding tip that i learned from this podcast is the fact to creat a sort of community that is ready tonhelp us collect mch funds to solve the problem we address
Your are right, social media existes everywhere so it's easier to us them
One social media best practice or crowdfunding tip that you learned from this podcast that you didn’t know before is the fact that these means are easier to s by collecting money
Your 're right. A good strategie can help us collecting much funds with our new community
Today I learnt from Kavitas explanations that crowdfunding is not only for target online Grant applications but you can use it to create a local community Funding community by reaching out using your social media flat forms to market your organization.
I have also learnt that you can use crowdfunding to organize Fund Raising events and market you organizations to potential prospect donors
It's an effective way of getting crowdfunding
The most beautiful part is I didn't know that it can be the best way to connect with small donors,,I mean people who don't view themselves as donors but can give some money
What a valuable piece of information
The best practices that I have learnt about posting on social media is to find people to create as membership in order to look for donors.
Even if it is all meant to be done online, people still gather for offline events that can help create a greater sense of community working towards the same goals
The discussion was great, i love the she gave about social media
Hi, am James, are you interested in discussing this course
setting achievable and specific fundraising goals, offering attractive rewards at different donor levels, having a clear call-to-action, and actively promoting and sharing the campaign through various channels. It's also important to communicate transparently with donors, provide regular updates on the campaign's progress, and express gratitude for their support
Making use of friends in my network to convert it to resource which can help me raised fund for my projects.
I have always underestimated social media as an effective means to raised funds for my projects which I intend to utilise well in my next projects.
Making use of friends in my network to convert it to resource which can help me raised fund for my projects.
I have always underestimated social media as an effective means to raised funds for my projects which I intend to utilise well in my next projects.
It is awesome
It is awesome
Try out to get one large donor or a couple of large donors that are already in my network to give a sum in advance as matching. This will ecourage a lot of new smaller donations to come in.
Creating a community on social media is a great tip I had not known as much
Indeed harnessing all the positives of social media to retrive the best it can do to our enterprises
Social media is great in that if we make the community or the followers have a sense of belonging, they stand by us
Brilliant
Yes. It brings together small portions or contributions that collectives build into a gigantic fund for the organisation
Profound
Friend, family, professionals connections, acquaintances
During this module I learned a lot about crowdfunding and during its implementation I discovered several video sites that were previously unknown to me and the importance of the different stages by which funds are collected in online which I find much more beneficial than offline fund collection.
I learned a lot and I know understand crowdfunding and it has also cleared my misconception regarding social media and fundraising
very true
social media looks to be very powerful tool
Having a SMART goal and creating a short compelling story
The one social media best practice or crowdfunding tip that I learned from this podcast that you didn’t know before:
"Is guidelines to pick the Right Platform"
Thank you Kevita and Tom
Agree I was Re-awakened to power and potential of Family, Friends, Co-workers and Acquaintances. They know a lot about me and my passion and probably will be the "Best Fundraising Advocates"
Apologies its not ..
"...you didn’t know before:"
It should read
".. I didn't know before"
The other social media best practice or crowdfunding tip that I learned from this podcast that I didn’t know before:
"Say a Big Thank You in time and an appropriate manner so that it reaches the Donor. It may work Wonders and dare I say start a Cascade Effect"
This was a great topic I.e crowfunding and social media
Great!!
This is awesome
Me too, I feel the same way!!
My journey here has been fun all along. I've learnt a lot about non governmental organizations.
I can create a community on social media
Crowdfunding is a platform for generating small donatoions
One social media best practice I learned from the podcast is the importance of creating a content calendar and being consistent with posting. Having a well-structured plan for when and what to post on social media can help maintain engagement and keep the campaign on track. It's essential to maintain a regular posting schedule to keep donors and supporters informed and engaged throughout the campaign.
I have implemented this practice in a crowdfunding campaign for a nonprofit organization I work with. We created a content calendar outlining the types of posts, their timing, and the platforms they would be posted on. By sticking to this schedule, we were able to maintain a consistent presence on social media, share updates, success stories, and engage with our audience effectively. This approach helped us achieve our fundraising goals and build a stronger online community of supporters.
One social media best practice I learned from the podcast is the importance of creating a content calendar and being consistent with posting. Having a well-structured plan for when and what to post on social media can help maintain engagement and keep the campaign on track. It's essential to maintain a regular posting schedule to keep donors and supporters informed and engaged throughout the campaign.
I have implemented this practice in a crowdfunding campaign for a nonprofit organization I work with. We created a content calendar outlining the types of posts, their timing, and the platforms they would be posted on. By sticking to this schedule, we were able to maintain a consistent presence on social media, share updates, success stories, and engage with our audience effectively. This approach helped us achieve our fundraising goals and build a stronger online community of supporters.
I didn't know that there are so many different crowdfunding platforms or that it's important to evaluate platforms along a number of different dimensions before choosing one.
This is a good practice. Thank you for sharing this. Social media is a real weakness of mine, I don't like posting, but I know I need to become comfortable with it for future work in the community and for fundraising, and your way of organizing it is helpful.
Yes, I found that lesson very helpful too.
A compelling story that is simple, with a trajectory and originating from a beneficiary .
From the podcast titled "Fundraising on the Internet," there is one social media best practice for crowdfunding that stands out: Using Social Media to Build Community and Awareness Rather Than Just Asking for Donations.
In the podcast, Kavita Matthews, the crowdfunding expert, emphasized that social media is not just a direct conversion tool for donors but a means to build a sense of belongingness and raise awareness about your cause. This approach involves engaging your audience with information, questions, and activities related to your cause. It's about creating a community that cares about your mission, which can ultimately lead to donations.
This best practice is a powerful reminder that successful crowdfunding campaigns on social media involve more than simply asking for contributions. They require thoughtful storytelling, engagement, and community-building efforts to make donors feel connected to the cause.
I would also like to add that this approach aligns with the principles of effective human rights and empowerment advocacy. Building a supportive community through social media can help drive positive change and mobilize support for important causes.
To keep followers informed and engaged about your projects
To develop your social media space to form a community where your followers feel belonging.
My initial concern about crowdfunding is that people in specific countries prefer to donate in their own currency. When they see the US$ sign, they get intimidated (their credit cards will be charged in USD and in some places there are fees for that) or worried it is not going to the right place. Another concern is that there are places where regulations can be very strict. For example, in the Philippines, you are not allowed to use photos of children (beneficiaries) when fundraising (not everyone complies - but we do and by doing so, we miss out on this opportunity) which can be a problem if your program is related to children.
Crowdfunding is easy way to raise fund especially for the are where there are many online user
Apart from the use of celebration days to increase our impact on social networks, I would say that I learned how to present its organization clearly but positively.
@rbernardak said in Module 4 Discussion: Crowdfunding:
I didn't know that there are so many different crowdfunding platforms or that it's important to evaluate platforms along a number of different dimensions before choosing one.
It is impresive, because the transparency and screening/clearance process applies in any situation nowadays
Yes, I did contribute to some visuals and digital content much more clearer thanks to those advices
At first i was not aware of how media has power to make your organisation grow. Thanks to K Mathews of Globalgiving for shedding light to me as Kavita recently participated in an interview where she shed light on the concept of crowdfunding. Although I had encountered this term numerous times online, I had never dared to delve into its intricacies and practical applications. Crowdfunding is an incredibly powerful fundraising tool, but it necessitates strict adherence to certain guidelines. Thankfully, my prior experience with social media has provided me with a basic understanding. Just as in a business setting, where the primary objective is to sell products, it is important to create posts that foster connections with customers. By actively listening to their concerns and offering suitable solutions, relationships can be nurtured. Similarly, in the realm of fundraising, it is not solely about soliciting donations. Utilizing posts to engage donors, initiating dialogues, understanding their perspectives, and providing relevant responses are also crucial components.
I learned crowdfunding how to fix aphoto or a video in adraft page to mension but a few.
Same to me
Same to meEverything was challenging
The strategy is quite enlightening and easily explained.
From its name what I suggest that crowdfunding demands the involvement of a large number of people as a result of this what i think is that we may have the possibility to raise a large amount of money.But from the context in Module 4 what I understand is that it is just a practice of raising small amount of money.