crowdfunding sites in india

‘CROWDFUNDING’ is a way mainly used for raising the money or fund from among the general people or anyone from the world.

6 points to be focused before ‘crowdfunding’ with elaborations are as follows:-

1.      Cause for raising the funds:-It is important to know the reason for raising the funds from the people. Also, it is equally important to let them (people) know why the funds are collecting from them.

2.      Possible ways for getting the funds:-Plans should be made for various initiatives (starting step) for raising the funds. Like-

1. Get together among the people.

2. Get together among friends, relatives and family etc.

3.      Focus on advantages and benefits:-While dealing with people it is essential to tell the people about its various advantages and benefits. Convincing them with full satisfaction to make them ready for funds is equally important.

4.      Proper utilization and consistency in use of raising the funds:-Any anamoly related to use of the funds should be immediately removed. It is important for fund raisers to know the plan in advance for proper utilization of raised funds. There should not be any gap or obstacle without proper reason for proper utilization of funds.

5.      CROWDFUNDING should be clear, simple and easily understandable:-Any appeal, campaign orad etc. should be clear, simple and easily understandable among the people.

6.      CROWDFUNDING should be cost effective,uptodate and may be ever changing:-

‘CROWDFUNDING’should be cost effective, profit driven. The messages related to it should be relevant and may be up to date and accordingly everchanging.Various investments, contributions etc. are significant among general people and entrepreneurs for crowdfunding.