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What Is Crowdfunding For Films?
Before the rise of crowdfunding, independent filmmakers were typically struggling to make their films a reality due to financial constraints. However, today, technology has empowered us in many different ways.
Due to the increasing popularity of crowdfunding, many niche platforms can now target specific industries. For instance, patients can now ask a crowd for financial help to get necessary medical treatments, Musicians can use it to fund their projects and produce new music, and even animals can get help.
Similarly, now many young filmmakers with wide vision won’t need to struggle to exhibit their talents because of financial instabilities due to the rise of fundraising platforms. Now talented minds can simply start crowdfunding for films and raise the necessary funds for their upcoming projects. However, in order to get the most out of your film crowdfunding campaign, you need to ensure you have the necessary skills and resources to get the job done.
How To Start A Film Crowdfunding Campaign – Key Points
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Work On Your Campaign Strategies
Needless to say, every project in the world needs a proper planning before execution. A full-fledged crowdfunding strategy will help you understand your requirements, your challenges, potential backers, and what resources you already have to begin with. You can either create a plan on a piece of paper or make a big presentation, depending on the size of your production. It is your campaign strategy that will create the base of your entire project and help you succeed in your goal.
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Assemble A Team
Well, everyone knows that filmmaking is not a single man’s job. It requires a village to shoot the whole thing, including directors, actors, and camera persons. When it comes to the workforce, money is always the main subject. So looking at your budget, you need to find a team that will work with you to execute the entire project. That is why film crowd funding can be the source of your funds through which you will be able to pay the employees and shoot a great movie.
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Keep Your Story Straight
It is important to perceive that just because you are opting for film crowdfunding, it doesn’t mean you will go overboard with your production. Maintain your originality by being creative and showcase your real talent by keeping it minimalistic. Now in the world of reels and short videos, the audience needs something engaging and concise. So make sure to stick with your original plan and cater real entertainment to the audience.
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Create Your Film Crowdfunding Campaign
In order to start crowdfunding for films, find the right fundraising platform that will give you the stage you require. One of the best crowdfunding platforms for films by far is WhyDonate, as it is affordable and user-friendly in every possible way.
This European crowdfunding platform allows everyone, including individuals and organisations, to start fundraising campaigns and raise money for their important causes through the platform in a very simple way. Just register, input details, and start raising money.
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Use Social Media To Spread The Word
Social media is an excellent way to get audiences and make anything popular. Using the latest trends can be very effective even for crowdfunding campaigns. Films are already considered a source of entertainment and have a special place in social media. So it is essential that you take advantage of social media and find an audience for your film.
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Keep Your Donors Up-To-Date And Thank Them
Creating a film crowdfunding campaign is easy; the difficult part is maintaining a donor relationship that can help you in your next ventures. It depends upon your production whether your film will be a success or not.
But despite it, you need to let your donors know about your shooting, progress, and how the entire performance went. Giving them film credits is another way to show your gratitude. No matter what happens, it is a must to thank your donors for their valuable contributions, as you not only get a donor but a loyal audience for your film.
Top 3 Crowdfunding Sites For Films
There are tons of crowdfunding sites that offer their platforms to artists and dreamers to make their dreams come true. But only a handful of them does it in the right way without being decisive. So here we have the top 3 crowdfunding sites for films that will help you to start crowdfunding for films and reach your full potential.
1. WhyDonate
WhyDonate, is, without any doubt, one of the best crowdfunding sites for films and filmmakers. The online crowdfunding platform has very nominal fees, to begin with, and is very straightforward to use.
WhyDonate is very reliable and has many integrated tools that will help fundraiser creators to keep track of their donors, donations and even give tax-deductible donation receipts to your donors. With immediate payouts and interesting fundraising tips and tricks, you can choose WhyDonate as your ultimate fundraising hub for all of your film projects.
For more details, check out –
Start Personal Fundraising at WhyDonate.
Or
Get Help With Crowdfunding Music.
2. Kickstarter
Kickstarter is a popular crowdfunding site for artists. The fundraiser creators can simply signup by giving some basic information about their films. Kickstarter is a reward-based crowdfunding platform, and such kinds of reward-based platforms allow people to give monetary rewards in exchange for funds. Kickstarter charges a 5% fee to all of its fundraisers. It is commonly used to pre-launch a product; in some cases, these rewards can be merchandise such as t-shirts.
3. Indiegogo
Indiegogo has always been one of the leading fundraising platforms charging a 5% platform fee to all its fundraisers. Apart from that, Indiegogo also has charges for transactions, currency conversion, wire fees, etc. Indiegogo is a great option for those looking for a platform to get funding for their projects. The only catch with Indiegogo crowdfunding platform is that if a fundraiser doesn’t reach its goal by the deadline, then it gets refunded in about 7 business days.
Find More Details About All Three Platforms – Indiegogo Vs Kickstarter Vs WhyDonate: An Analysis Of Crowdfunding Platforms.
Inspire Or Get Inspired
As a filmmaker, you have the opportunity to spread powerful messages into the society that makes a lot of difference. So use crowdfunding for films to back you up and get your pen up and running to inspire many lives.
Happy Fundraising ^_^
