four websites to consider for crowdfunding your wedding

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PROFITABLE WEDDING Four Websites to Consider for Crowdfunding Your Wedding

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Page 1: Four Websites to Consider for Crowdfunding Your Wedding

PROFITABLE WEDDING

Four Websites to Consider forCrowdfunding Your Wedding

Page 2: Four Websites to Consider for Crowdfunding Your Wedding

Crowdfunding ConsiderationsFriends and Family

Do you have a lot of friends and family? Do you think they would donate money to your wedding?

Uniqueness of Wedding Is there something unique about your wedding you can highlight to build buzz?

Location of Wedding Is your wedding in a location where people have to travel to? Do you think there will be a significant number of friends and family that will not be able to attend?

More Information at: www.ProfitableWedding.com/

Page 3: Four Websites to Consider for Crowdfunding Your Wedding

Crowdfunding ConsiderationsIncentives

Is there something that you can give away to entice people to donate? How many of the potential contributors will be attending the wedding?

Comfort Level w/ Asking for Money Are you comfortable with asking your friends to help pay for your wedding?

How do you think your friends will respond when asked to help pay for your wedding?

More Information at: www.ProfitableWedding.com/

Page 4: Four Websites to Consider for Crowdfunding Your Wedding

Selecting a Crowdfunding Website Processing Fees

Service Fee: The Fee Charged for Using the Website Inbound: Processing Fees Charged when a Donation is Made Outbound: Processing Fees Charged when a Withdrawing the Money Average Fees: Average of the Total Fees

Visibility Private: You will be provided with a direct link to your campaign and it will not show up

in search results. Public: Your campaign will show up in search results.

Withdrawal Period Anytime: You can withdrawal the funds at anytime. Project is Funded: You can only withdrawal funds once the project is successfully funded.

Resources: Resources to assist with creating a successful crowdfunding campaign.

More Information at: www.ProfitableWedding.com/

Page 5: Four Websites to Consider for Crowdfunding Your Wedding

Website: http://thecrowdedwedding.com/

Description: A Crowdfunding Website Specifically for Weddings

Service Fee: 10%

Outbound Payment Processing Fee: 3-5%

Average Fees: 14%

Payment: Money is paid directly to you through PayPal

Visibility: Private only. No public search on website.

Crowded Wedding Blog: http://thecrowdedwedding.com/blog/

Page 6: Four Websites to Consider for Crowdfunding Your Wedding

Website: http://www.gofundme.com/

Service Fee: 5%

Inbound Payment Processing Fee: 3%

Average Fees: 8%

Total Pledged: Over 710 Million

Withdrawal: You can withdrawal funds at anytime

Payment: Money is paid directly to you through direct deposit

Visibility: Public and Private. The website search includes public campaigns.

Verification: Facebook Verification Optional

gofundme Videos: http://www.gofundme.com/tour/

Page 7: Four Websites to Consider for Crowdfunding Your Wedding

Website: https://www.indiegogo.com/

Service Fee: 9% or 4% if goal reached

Inbound Payment Processing Fee: 3-5%

Average Fees: 13% or 8% if goal reached

Withdrawal: Anytime but if it is before goal is reached it will be at the higher percentage. They will however pay the difference if the goal is reach later.

Payment: Money is paid directly to you through direct deposit.

Visibility: Public and Private. The website search includes public campaigns.

Verification: Verified Badge Available by Completing their Verification Process

Campaigning Playbook: https://go.indiegogo.com/playbook/life-cycle-phase/the-basics

Page 8: Four Websites to Consider for Crowdfunding Your Wedding

Website: https://www.kickstarter.com/

Service Fee: 5%

Inbound Payment Processing Fee: 3-5%

Average Fees: 9%

Project Success: 44% of Projects Successfully Funded

Withdrawal: Cannot withdrawal funds until a project successfully reaches its goal

Payment: Money is paid directly to you through direct deposit.

Visibility: Public Only. The website search includes public campaigns.

Verification: Verification Required Using Their Verification Process

Crowdfunding Guide: https://www.kickstarter.com/help/handbook