How to prepare startup for the crowdfunding campaign

Railwaymen | 23rd November 2015 | 2 min read

Your startup project is a story and all depends on how you will tell it to your potential customers. If you want to do it properly, you should prepare all elements in order to create a consistent and interesting system!

The startup business is growing really fast now and all you have to do is to stand relating to the competition with the latest technology solutions and find developers that will turn your idea into functional web & mobile applications.

Table of Contents:

1. Which crowdfunding platform?

2. Launch - decide when is the best time

3. Remember about prototype and software

Which crowdfunding platform?

The basic decision, which should be taken in preparation for the crowdfunding campaign, is the choice between crowdfunding platforms. You have to take into account the type, the amount of fees and mechanism of action (the principle of "all or nothing" or allow the possibility to pay the accumulated funds, even if the target is not reached). If a product has the potential international financial and sets the bar high, you should opt for one of the foreign platforms (eg. Kickstarter or Indiegogo).

Launch - decide when is the best time

Before you start the campaign on Kickstarter you need to be sure that the production of the product for which you collect the money is real. Figure out the betting line production. This will tell us which plants cheaply and easily follow through on our potential order. It is also worth to learn what they have the capacity because the collection may result in a resounding success, bringing doubling or tripling orders for the production.

Remember about prototype and software

Preparations for Kickstarter campaign should start by calculating the cost and purpose of collection. What is not counted? First of all, the cost of producing the first batch, which is the protagonist of the campaign. You should remember about: how much it costs to produce our product and compare offers. The mistake novice companies rebound is also forgotten about aggregating or administration in the description of the product shipping costs.

The startup business is growing really fast now and all you have to do is to stand relating to the competition with the latest technology solutions and find developers that will turn your idea into functional web & mobile applications.

We are an enthusiastic team of talented experts and our work goes together with passion. We speak Agile, Scrum and love Ruby. In 2015, Railwaymen was recognized as Top Software and Web Developers. We provide software support for startups.

Would you like to look at the synergy between our two companies and talk if there’re any opportunities for us to work together and create amazing things?

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