CrowdFundingWhat rewards and

pledges should I choose for my

supporters?

FAQ

The reason people support CrowdFunding campaigns is not only

to receive a product or service

Many are happy to participate in the creation of something

new and exciting

However people will also look at the rewards you have on offer and

consider their participation based on what the product or

service is worth

Rewards based websites will ask you to offer

something of similar value in return for the amount your supporter is prepared to give

All CrowdFunding websites will provide guidance

on what rewards you are allowed to give your supporters and what

would be prohibited

Your reward will be something that they have helped you create

and can include a

copy of something collaboration opportunity

creative experience memento

Prohibited rewards normally include

items not made by you contests discounts

financial incentives alcohol etc

Start off by offering multiple tiers of rewards

Separate the tiers with comfortable price margins

Try not to offer two tiers at similar price levels

Start off with five different reward levels

You need to state if there is a limited number of rewards for each level and

by when they will be delivered

Try offering unique rewards at the higher pledge levels

Many supporters are looking for experiences they cannot get

anywhere else

Do not ignore offering a reward at a lower level of $10 and under

Supporters at this level are valuable as you get their email addresses

At some point in the future they could become your biggest fans!

CrowdFunding websites will not allow you to change your rewards once a

supporter has bought one

You can however add more later as the campaign gets underway as

an additional incentive

The best way to get reward ideas is to visit successful campaigns on different

CrowdFunding websites

Search in categories closest to your own and you will find a never ending

supply of suggestions

There are many more resources available to support your CrowdFunding efforts at

CrowdFundingFocus.com

CrowdFundingFOCUS