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Choosing Between Third-Party Platforms and Custom Websites For Crowdfunding Success

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Mohammad Bagher Abiyat

Mohammad Bagher Abiyat

2023-08-29

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Choosing Between Thi...

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4 minute read

Introduction

In the realm of modern fundraising, crowdfunding has emerged as a powerful tool for gathering financial support from a widespread audience. If you're gearing up to fundraise for your short film and are contemplating whether to utilize established crowdfunding platforms or to create your own dedicated website, this article is here to guide you through the decision-making process.

The Appeal of Established Platforms

Kickstarter, IndieGoGo, and similar platforms have gained immense popularity as go-to choices for crowdfunding. These platforms offer a range of benefits that can significantly impact the success of your fundraising campaign:

  1. Audience Reach and Trust: Established platforms boast a large community of backers actively searching for creative projects to support. Backers are more likely to trust recognized platforms with their financial contributions.
  2. Discoverability: These platforms often feature curated sections that cater to users interested in specific project categories. Furthermore, media outlets and influencers frequently highlight projects from these platforms, amplifying your project’s exposure.
  3. Credibility and Validation: By launching your campaign on a reputable platform, you enhance your project’s credibility. The platform’s guidelines and review processes validate the authenticity of your project, instilling confidence in potential backers.
  4. Integrated Tools: These platforms provide an array of tools for crafting compelling campaign pages, monitoring donations, and communicating with backers. They also handle payment processing and security measures, saving you the hassle of setting up these systems from scratch.

The Potential of a Personal Fundraising Website

However, the idea of establishing your own dedicated fundraising website offers a set of unique advantages that are worth considering:

  1. Control and Customization: Building your own website affords you complete creative control over branding, design, and messaging. This level of customization can deliver a distinct and immersive experience for potential backers.
  2. No Platform Fees: One of the most compelling advantages of maintaining your own website is bypassing the platform fees associated with third-party platforms. This means you receive the entirety of each donation, which can be especially advantageous for smaller campaigns.
  3. Direct Connection: A personal website enables direct interaction with your backers without intermediaries. You can personalize your communication, updates, and rewards, cultivating a stronger sense of community.
  4. Long-Term Engagement: A dedicated website allows for continued engagement with your backers and supporters even beyond the successful funding of your current project. It can serve as a hub for future initiatives and endeavours.

Making Your Choice

While the benefits of creating your own fundraising website are appealing, it’s important to recognize the potential challenges:

  1. Building an Audience: Building trust and attracting visitors to an unfamiliar website demands effort and time, possibly necessitating dedicated marketing initiatives.
  2. Technical Proficiency: Constructing and maintaining a website requires technical expertise or financial resources to engage professionals.
  3. Visibility: Third-party platforms inherently offer a larger audience base and built-in discoverability, which can be challenging to replicate with a personal website.

Ultimately, the decision between established crowdfunding platforms and personal fundraising websites hinges on your project’s specific requirements and your comfort level with marketing and technology. If maximizing visibility and accessibility are paramount, platforms like Kickstarter and IndieGoGo are solid options. Conversely, if you value autonomy, and customization, and wish to avoid platform fees, a personal fundraising website might be the optimal route for you.

The Dual Approach

Crafting a winning crowdfunding strategy involves harnessing the combined power of your custom fundraising website and a trusted third-party platform. With your custom website, you wield full control over branding and engagement, tailoring an immersive experience for your project. Simultaneously, teaming up with established platforms like Kickstarter or IndieGoGo grants access to a vast audience actively seeking innovative ventures. This dynamic duo strategy presents your project to a wider spectrum of backers, while the personalized touch of your website nurtures direct connections and community building. The insights from both channels provide valuable data for informed decision-making. This strategic fusion capitalizes on familiarity and personalization, forming a synergy that can propel your crowdfunding campaign to exceptional heights.

In Conclusion

Both established crowdfunding platforms and personal fundraising websites have their merits. Your decision should stem from a clear understanding of your project’s objectives, your target audience, and your familiarity with technology and marketing. Regardless of your choice, remember that effective storytelling, engaging content, and transparent communication are pivotal in capturing backers’ attention and transforming your short film aspiration into a successful reality.

Photo by Carlos Muza on Unsplash

Kickstarter Indiegogo Wefunder Crowdfunding
Mohammad Bagher Abiyat

Mohammad Bagher Abiyat

Mohammad is the Manager at Pheno Agency. He leads a team that makes great digital solutions for clients by working together and using their experience. They really care about making clients happy and helping them succeed online.

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