Three’s Not a Crowd After All!

iStock_000006257328XSmall-thumb-184x121I’ve got a great answer if people are asking you why your nonprofit hasn’t tried crowdfunding yet: Tell ‘em you’ve been waiting for others to put in the tough advance work — making the inevitable mistakes and figuring out what’s effective and what isn’t!

But guess what: A lot of that advance work has now been done. Crowdfunding is proving to be an important tool in the fundraiser’s kit, but one that’s best used after reading the instructions. You’ll find numerous useful insights from early adopters and other nonprofit experts in this article by Janna Finch, Managing Editor of Software Advice: “Expert Roundtable: How to Choose the Best Crowdfunding Platform for Your Nonprofit.”

Contributors such as Beth Kanter, Premel Shah, and Rob Wu offer tips on everything from evaluating features on the various crowdfunding sites to how to give donors a sense of participation in the project.

I asked Janna Finch which thoughts from contributors she found the most surprising. She says, “I was very surprised to learn just how much thought and planning needs to go into designing a campaign and choosing a platform. Go to any crowdfunding platform website and the process looks so simple–sign up, create a campaign, launch it, share it, get funded. In reality it’s not so easy. Anyone can create a crowdfunding campaign, but a solid strategy is required to create a successful one.”