How To Set Up A Crowdfunding Campaign

1. Pick your project

A crowdfunding campaign needs to be specific, with a clear outcome. This could be launching a new service, creating a new product or holding an event.  It should also be time-limited.

2. Write your budget and set a realistic funding target

You need to be clear about how much money you need and where it is going to go. As well as asking for funds you can also ask people to donate time and skills towards projects.

You also need to include any commission you’ll need to pay to the crowdfunding site and budget for any rewards.

3. Prepare your pitch

You’ll need a short video explaining what your project is, what you need the money for and what difference you’ll make. Your pitch needs to be clear, concise and grab attention.

4. Find a platform

A dedicated crowdfunding platform will take the pain out of managing financial contributions. There’s loads out there to choose from.

You’ll need to decide between …..

donation only or rewards for contributions

With rewards based crowdfunding in return for backing your project people contributing usually receive a ‘reward’ from you. You could give thanks in your annual report, invite people to a special event or offer a gift.

There’s also loan and equity crowdfunding

all or nothing  or keep it all

Research shows all or nothing campaigns – where if you don’t reach your target you don’t get any of the funds raised – tend to be more successful, than keep it all campaigns.

Most crowdfunding sites offer an ‘all or nothing’ rule.  You’ll need to hit your fundraising target for the money to be released to your project, so be realistic about what you can achieve from your backers.

5. Start your campaign

You’ll need a coordinated online campaign to get people to your crowdfunding page and donating. It shouldn’t be a surprise – let your supporters know before you launch what to expect and when.

Then invite your community through email and social media to back the project with pledges of cash. Encourage people to share your campaign and when they donate.

Try to get your most loyal supporters contributing right at the start to show demand, others might be more likely to give.

6. Keep in touch

Keep your supporters updated about the progress of the campaign and how close you are to the target. Thank them when they do contribute, let them know what difference their money will make.

 

Why Choose Crowdfunding?

  1. Compared with traditional financing channels, crowdfunding is more efficient and convenient. Before, if you want to raise funds, you need to contact lenders, investors, local tyrantor investment funds from various channels to conduct a long process of lobbying and negotiation, apart from being dazzled by complicated terms but also their way of talking leave you a passive condition.

Now, you can tell your story through the crowdfunding platform, which may impress potential supporters quickly, and stimulate the enthusiasm of the supporters by reasonable reward system, investors are actually the consumers, they are promoting your product in a way, so that the dissemination effect increased exponentially, you will see popularity accumulate constantly, and finally you will finish your financing target as well as thousands of supporters, a success basis of a project built.

 

  1. Excellent channel to gain attention, establish social influence and verify the prospects of a project.

To find out an idea is valuable or not, or whether a project has a market, all these can be confirmed after verification.

A strong, widespread crowdfunding campaign is a good way to validate your project.

When your project gets a lot of attention and interest, its value shows. Some people use money to support your project, which is more evidence of the promising outlook.

A successful crowdfunding is a filtration of promising projects.

 

  1. The process of crowdfunding can give play to the power of crowdsourcingand wisdom.

In crowdfunding, the supporters are not only your loyal fans but also your equity partners.

They will be eager to discuss your project with you and find solutions to problems, all for free.

Take any opportunity to get customer feedback and consider the voice of the customer in a timely manner, this will bring you closer to potential customers.

You can ask questions, listen to their feedback, and listen to their advice.

Perhaps one of your first successes came from a group of supporters.

 

  1. Crowdfunding can provide loyal fans to the project.

The supporters you raised in the process of crowdfunding are moved by your story, they acknowledge with your vision and expect your project. They support you with actions and money. These supporters are critical to the success of crowdfunding, they will continue to play a role after crowdfunding, they will share your project with friends selflessly, and your project will be spread quickly.

 

  1. Crowdfunding can multiply marketing and media publicity effects.

Supporters are often communicators in the process of crowdfunding.

Supporters come from different backgrounds, and with their personal influence, friends sharing, and professional media resources, your crowdfunding can spread far more than your personal social network. These communications will be of great benefit to your future product distribution, brand building and media cooperation.

 

4 Reasons to Use ChinaDivision Crowd-funding Fulfillment Service

The crowd-funding websites like Kickstarter and Indiegogo are great places to make ideas real. As long as the idea is brilliant enough, the crowd-funding project will get a lot of backers. But convincing people to provide start-up funds is only the beginning, you have to send products to the global backers as promised. Since the shipping budget is very limited, and the global backers are looking forward to receiving the products soon, fulfilling crowd-funding orders can be very tricky. ChinaDivision knows about these challenges Kickstarter and Indiegogo projects creators are facing, so we provide crowd-funding fulfillment service to help them to develop the most suitable logistics solution and streamline their crowd-funding projects. The advantages are quite clear.

crowdfunding

One-stop services, make you focus on the product development.

ChinaDivision provides full-service order fulfillment services including inventory management, pick&pack, labeling, kitting, assembly and global shipping. In a crowd-funding project, all these operations are essential and energetically expensive, especially for the e-commerce newbies. With the help or ChinaDivision crowd-funding service, customers can pay more attention to the product design, development, manufacture and improvement, and make the mind-blowing ideas into amazing (and very profitable) products.

 

Affordable fulfillment costs, save your logistics budget.

None of the crowd-funding campaign runners can afford to rent a warehouse, pay its running costs and hire labors. If a person has this kind of money, he/she won’t need to raise funds in Kickstarter or Indiegogo in the first place. In this case, low warehousing and shipping fees are important ingredients to consider in the crowd-funding fulfillment service. ChinaDivision warehouse locates in Shenzhen, China, customers can enjoy the near-source fulfillment center and affordable labor at the same time. The 90 days free warehousing service and 0 pre-payment make ChinaDivision crowd-funding fulfillment service one of the best options for e-commerce starters. More than that, with years of experiences in global shipping, ChinaDivision has developed long-term and deep cooperation with world-leading express carriers and international postal services, which makes it possible for customers to get multiple shipping options and discounted shipping fees.

 

Flexible shipping methods, leave you more time to improve your products.

Both Kickstarter and Indiegogo require the project creator to set a clear time line for the project. The time line shows the crowd-funding project creator has carefully thought over the steps they need to take. A specific time line gives the backers confidence and gives them the sense of participation. But the strict time setting also makes product development and deliver time intenser. ChinaDivision provides multiple shipping methods for crowd-funding campaign runners, thanks to the rich global shipping experiences, ChinaDivision can estimate the delivery time more accurately, leaves more time for product improvement.

 

Thoughtful value-added services, delight your global backers.

Well-designed packages and sincere thank you cards can give the crowd-funding backers good impressions, which ensures the project can get more positive feedback. ChinaDivision crowd-funding fulfillment service includes custom packaging and kitting service, these value-added services can help customers to customize product packages and put multiple products (from multiple suppliers) in one box.

 

If you are interested in our crowd-funding fulfillment service, please request a quote here. Our sales team will contact you.

Crowdfunding Fulfillment Tips

Crowdfunding is the new Fairy Godmother when it comes to getting some support for developing a good idea. If in 2011 the crowdfunding market was $1.2 billion, it grew up to $10 billion in 2014, and is expected to generate more money by the end of 2015, according to Forbes. Each great business is now closer to become a success, but it requires a lot of work, dedication and creativity to be able to develop a good product and to improve it according to the market demands.

Crowdfunding fulfillment comes immediately after, but it isn’t less important. People who made millions starting with money raised online admit that fulfillment can easily kill even the best project, as it requires time, managerial abilities, special software for the warehouse inventory, a complete team to work on shipping and fulfillment, and more. ChinaDivision.com, a company specialized in crowdfunding fulfillment, recommends working with a reliable partner, which has the right infrastructure and optimized transit times, when it comes to crowdfunding fulfillment services.

ChinaDivision Crowdfunding  Fulfillment Service

There are several reasons why an entrepreneur should choose a partner for fulfillment:

  1. Save time and money

Employees, providers, development plans, new products and costs are consuming a lot of the entrepreneur’s time. Why add more problems with picking, packing and shipping orders? And this is not all of it, because there is also the inventory of the warehouse, the returned products, and more other. Having a professional company to deal with all these can reduce not only stress and time wasted, but also can save a lot of money. ChinaDivision.com has a special fulfillment service which can save time and money for any person or company which runs a project based on crowdfunding. By working with such a company, the entrepreneur can reduce workforce expenses and shipping costs, as generally fulfillment partners offer good volume discounts.

  1. More time for the crowdfunding campaign

A good business idea must be carefully marketed. There is a complete strategy to create and implement and the entrepreneur must be always available and ready to dedicate full time to it. Fulfillment and delivery are generally demanding processes and they rarely leave time or energy for focusing on the product and on the customer service. On the other hand, a company which offers crowdfunding campaign services can handle easier the shipping and fulfillment, because it already has the know-how and the complete infrastructure to deliver in any part of the world.

  1. Fast shipping makes happy backers

In an era when everything happens now, fast deliveries are a must. Most people who support an idea through crowdfunding expect their promised rewards to arrive on time. This generally happens only when the fulfillment is managed professionally. People with few experience in the field rarely succeed in doing international deliveries fast while still keeping low prices. Estimating times and costs is sometimes hard, as it involves package, postage, customs and various VAT taxes. To make crowdfunding fulfillment affordable, ChinaDivision.com has a special location which allows reduced transit times and uses a system of combined customer orders in order to maintain low costs. Moreover, they also provide a series of marketing services meant to build the Brand’s Identity and also to keep customers and backers satisfied.

Crowdfunding and Kickstarter Fulfillment Service by ChinaDivision

Crowdfunding and Kickstarter fulfilment basically stands for funding of projects through monetary contributions online, with sources such as from China or other countries. As ChinaDivision, we provide free warehousing, picking, packing services, shipping from China to worldwide as well as helping customers source goods at the cheapest costs. For customers who run a Kickstarter or crowdfunding project, we can also work on providing order fulfilment service for crowdfunding or kickstarter, which will help your project. If you need order fulfilment, we will simply review your products and give you a quotation. If you need direct shipping of products, we can also ship for you through Kickstarter international shipping.

How it Works

How order fulfillment works_1 - ChinaDivision How order fulfillment works_2 - ChinaDivision
If a client has goods that need to be transported from one place to another, or even orders that need to be shipped from a warehouse, ChinaDivision will help to easily pack, and deliver the products to the designated destination such as new markets with the help of a powerful technology that we use. As a client, you simply need to contact us with your order, such that our business development manager can be able to review your products, needs, as well as target market for the goods. You can then set up an inventory for your goods with the help of our warehouse teams. The development team will then enable you to process test orders, which ensures systems are operational, so that your products will be ready for shipping.
In terms of logistics, you do not need to worry as we will help you manage the logistics for your goods in the right way through an international infrastructure, such that your goods are able to arrive at the right time. Goods will also be stored freely in the warehouse before shipping or transportation. Our main clients of focus are those who do E-commerce online businesses .

Benefits
In ChinaDivision, we will ensure that you are able to meet the needs of your Crowdfunding or Kickstarter project in the best way possible. If you have a project and do not have a stable source of financing, or a good means of organization, then ChinaDivision helps in financing your project and giving you ideas as well on the requirements that you would desire of your project. You can also be able to organize in a way that you need. When you place or request an order, we also pack and ship just within minutes and we also provide the cheapest international shipping. You can also be able to monitor inventory in due time, and arrange orders that can help in reducing shipping cost, and even

Validate your addresses
In terms of returns, you do not need to worry if your goods are damaged, as we have a customised Returns Management System, that determines if a product is suitable to be returned to the inventory. A damaged or open product returns can be properly disposed or even returned to the shipping source on a case basis. This can add up to a Return On Investment income. By use of ChinaDivision services, the client can also be able to grow his/her business through meeting delivery deadlines for the business, and therefore easier expansion and better transactions. We are also strategically located in China, an advantage in reducing the transit time between you as the client and your customers. The inventory is also easily streamlined and managed, and therefore, you do not really have to worry about how to manage the inventory of your goods as the client as it will be catered for.

Conclusion
When choosing a company for managing of your projects, for instance if you have a Crowdfunding or Kickstarter project, it is important to take into consideration the needs of your project, and the company that will be able to fulfill those needs. That is why ChinaDivision comes in handy, as we will focus on your requirements and meet all the needs for your business and ideas that you may have. Whether you want local or international shipping or transportation of your goods, creation of inventory, or printing of logos, we will be able to provide the services through the best means possible. We offer order fulfilment, crowdfunding fulfilment, and Kickstarter fulfilment services, to offer effective solutions for all your needs at the cheapest cost possible.

The Importance of a Good Crowdfunding Fulfillment

Crowdfunding on websites such as Kickstarter can be an excellent way to raise the capital you need for your business or new product. It can be a great way to not only introduce your product to the world, but to also raise enough money to make your dreams a reality. Crowdfunding isn’t just limited to products, you can raise capital for film projects, books, community events etc. With crowdfunding, your backers will want to see results as well as the end product very quickly. This means that you will need to bring the product to the market and be able to deliver it to your customers in a short amount of time as compared to when one raises capital the traditional way with venture capitalists or angel investors. Since you have to deliver the product in a shorter time period, it makes it more important to work with a dependable crowdfunding fulfillment services for your campaign.

Crowdfunding and Kickstarter Order Fulfillment

Do Your Research
When it comes to Kickstarter fulfillment and working with any fulfilment services for that matter, it is very important to do your research and only work with a reputable and quality fulfillment company. When you run an eCommerce business, chances are you already have a lot of things to worry about such as: Customer service, product development and sourcing. The last thing that you want to worry about is order fulfillment. Going with a fulfillment company that doesn’t suit your business needs will cause you more stress than it’s worth.

Dependable
If you do business in North America and Europe, ChinaDivision can help you to meet your online eCommerce fulfillment needs. How does it work? When your customers order products from your company/website, ChinaDivision will help you by picking, packing and delivering the products directly to your customers anywhere in the world. The products are sourced and stored in the company’s warehouse in China, making for a smooth transition when it comes to handling deliveries to your customers.

ChinaDivision
ChinaDivision is a dependable fulfillment service for your eCommerce needs. You will be able to save time and money as well as maintain control of your order process. With any Kickstarter fulfillment services, you want to make sure that logistics will work or else you may end up failing on keeping the promises you made to your customers. ChinaDivision has a built-in logistics infrastructure that will allow you to monitor your inventory in real time, organize order in order to reduce shipping costs and also validate mailing addresses to decrease the likelihood of returns and chargebacks.

Fast Shipping
After customers order their product/products, they will want the product delivered in a timely manner. This is why you want to work with a crowdfunding fulfillment service that will help you meet your logistics and delivery needs in a reasonable time. ChinaDivision offers same day fulfillment. The printing and packaging is scheduled in such a way as to meet the local carriers’ everyday pick-up times so that every order for the day is packaged and ready for delivery. As a result, your customer’s product is shipped and delivered in a timely manner.

Save Money
As a business owner, you will want to maximize your profits as much as you can. This is why it is very important to make sure that your shipping costs are not eating away at your profits. Customers are less likely to order items with high shipping costs, so you could be losing out on sales as a result. ChinaDivision offers the cheapest international shipping for its customers and the option to customize your product packaging. These customization services can work to help you create a stronger brand identity for your product as well as further promote your business.

Make it a Success
When you run a Kickstarter/crowdfunding project for your product, make sure that you have a reliable order fulfillment service in place. When it comes to Kickstarter shipping, the last thing you want is to disappoint the people who helped to fund your project by leaving them confused, without a product and feeling as if they have been taken advantage of. When you publicly collect the funds raised through your crowdfunding project, your reputation could suffer badly if you fail to meet the goals and promises you set for your campaign.