The Crowdfunding Cash is a fairly new course that can teach people how to utilize crowdfunding to make money.
HOW DID CROWDFUNDING GET STARTED?
One of the creators of crowdfunding is Adam Ackerman and he started learning how to sell things on Amazon in the year 2012. He invested a lot of his hard-earned savings into goods in stock and then started selling them on Amazon after learn the process.
The guy was able to sell millions of dollar worth of stocked goods online but as he famously says, “getting started wasn’t an easy journey at all.” Adam encountered many difficulties selling his stocked goods on Amazon that he almost gave up on the business. Adam narrated that he told himself severally that there has to be a better and smarter way to go about the business.
He then started to do further research and he came across one of the best way to float a 24th century million dollar business via the online platform.
Adam mentioned that he was able to earn half a million dollar in the first 2 months and then over $2 million in revenue thereafter.
WHAT IS CROWDFUNDING CASH?
This uses the new generation business model to enhance the old ways of running business as highlighted below:
- Figure out your product
- Invest some money
- Buy and stock your product inventory
- Develop your product website/advertising
- Drive traffic to your product website
The crowdfunding cash program was mentioned to teach users how to earn $100,000 in sales within the first 4 weeks.
UTILIZING OTHER PEOPLE’S MONEY TO RUN YOUR BUSINESS
- Hundreds to thousand of units of user’s products can be sold without buying/stocking any inventory.
- An email list of thousands of real customers will be developed while doing this.
- Users can create intellectual property for their brand which would increase their company’s valuation by 10 folds.
- Users would have access to online retailers for the distribution of their products.
- Get access to big e-commerce companies like Amazon to ask you to work with them.
As it literary sounds, Crowdfunding is when people come together to pre-order y products or when people come together to pledge cash in exchange for a future product.
Just to be clear, it says you as a user would get your profit first and thereafter make/create the products.
Then, couple months later depending on how complicated it is to create the product, you ship the products.
The folks that support your business are typically called BACKERS.
You keep 100% of the funds and keep 100% ownership in your business.
USING THE CROWDFUNDING WEBSITE
The Crowdfunding Cash program recommended two websites that people can use to kickstart their business. They are listed below:
Both of these two sites were mentioned to have millions of visitors every month looking to support.
They say people will receive your funds within 35 days after their campaign finishes.
Also, it said each platform charges a success fee of 5% and 3% fee for credit card payment processing.
HOW TO MAKE MONEY WITH CROWDFUNDING CASH
4 steps listed below are required for people to make good money with crowdfunding cash program:
1) SELECT A GOOD PRODUCT TO SELL AND SOURCE A GOOD MANUFACTURER TO PARTNER WITH.
This is critical to having success in crowdfunding and here below are the steps to take to achieve the selection of product and manufacturer.
FINDING THE PERFECT PRODUCT FOR CROWDFUNDING PROGRAM IS CRUCIAL
- A good product should weigh less than 5 pounds because of shipping cost.
- The product dimensions should be small.
- The retail price should be less than $150 and more than $45.
- Should not be complicated to use.
- The manufacturing process should be simple.
- The product should not have too many moving parts.
- The manufacturing cost should stay below $19 and should sell for about 4X to 5X the manufacturing cost.
- The product should be appealing to consumers.
- The product should be open for future development or upgrade.
Note that the crowdfunding product needs to be unique in its own world.
The iteration term are used by both KickStart and Indiegogo and it means the product should be OKAY in function/design.
Here are the five main features of an iteration stated by KickStart and Indiegogo:
- Is the product a new technology?
- Does the product have a unique story?
- Does the product have a different design?
- Is the product function different?
- Would the manufacturer of the product be able to re-purpose it in future?
The ability to be able to changes in design and function of the product are the easiest ways to develop a good product idea.
SEARCH AND VALIDATE PRODUCT IDEAS
Here are the three sites that can be use to affirm a product idea:
2) PRODUCT BRAND DEVELOPMENT AND CAMPAIGN POSITIONING
Learn the exact formula that are consistently been used to create $100,000 campaigns.
WAYS TO DEVELOP A PRODUCT BRAND
- Start by outlining your ideas in writing. You want to make iterations you would make if you were developing this product by yourself.
- Then, find a graphic designer who can take your outlines and make it a working model.
- Afterwards, find the right manufacturer for the product. Check websites like Ali express.com, Amazon.com, Alibaba.com. Then work directly with the manufacturer of the product and not the whole seller or distributor.
- Now, share your designs or outlines with the product manufacturer and tell them to create a 3D printed prototype.
- Now seek friends and families opinion about the prototype.
- Do the final editing or adjustment to the initial design and then get into the actual product numbers with your manufacturer. Target a 25% to 50% profit margin. Your goal is 4X to 6X cost of goods.
HOW TO DO PRODUCT MARKETING AND BRANDING
YOU NEED TO GET EDUCATION ON HOW TO TELL YOUR STORY
Many crowdfunding campaigns fail because of failure to tell story properly.
Campaigns video and a copy of sales are good for marketing and should be on your campaign page/website.
Note that it is a good idea to write out a script before shooting a campaign video. You need to explain properly why people should back your product and support your business.
Also, you can learn how to create a professional video right from your smart phone.
DISCOVER HOW TO OPTIMIZE CAMPAIGN PAGES
This program will also teach you how to properly optimize your campaign pages and images. I
3) NOW FLOAT YOUR PRODUCT ON A CROWDFUNDING WEBSITE
If you follow through steps 1, 2 and 3 properly, you are sure to get a lot of sales so you will quickly make money from your traffic. You can learn the complete step by step process of start a product launch on a crowdfunding website.
4) FIND A THIRD PARTY FULFILLMENT CENTER TO SHIP ORDERS
Get education on how to use automation to grow your crowdfunding business. In this part of the business process you will see how to build a large business without managing inventory or touching your products and this gives you the opportunity to manage and run your crowdfunding business from any location in the world.
HOW MUCH DOES CROWDFUNDING CASH COST?
According to our research, the cost of this crowdfunding course is $1,495.00. Is this pricey? Yes I would say as there are a lot of better alternative ways to make money out there that aren’t this expensive.
CROWDFUNDING CASH REVIEW: FINAL VERDICT
The main reason for this Crowdfunding Cash review is to give you an overview of how it works. Even though the business is recommended but it going to be rocky terrain to achieve success.
Note that the most important aspect of this booming business is product campaign.
it is crucial for me to mention that this Crowdfunding business opportunity would not be an easy one and it will most likely not be able to replace a regular 9 – 5 income from a job for most people in the first 5 years.
Do I have an alternative way for people that are genuinely looking to sustainable income working for themselves from home?
YES I do, Read below
To learn all the details about how you can enhance and promote your business and not just that but how you can make more money online and be financially independent, Read On.
Alternative Way To Make Good Money
Note that this section of the content is for someone who is seriously interested in make good money working for themselves.
Actually, I am currently a member of the platform I am about to introduce, and I am currently making my entire living wage using this platform that I am about revealing to you.
Be informed that I started with this platform part-time doing it in my free time but today I am doing this full time from home working for myself.
Also, I am an Engineer by trade so if I can do this and succeed, anyone can as well succeed as long as they are ready to learn something new and fun with all the tools and support available on the platform.
And you can get started for FREE just like I started out.
If you are interested in learning more about that program, click the below to read on.