Benefits of Crowdfunding With Us

  • We have a pool of angel investors and venture capitalists

  • There is no BIASED with our funds we carry out payouts in numerical order, which means first come first serve.

  • We provide a 100% confidentiality for donors who would like to remain anonymous in the donation process

  • We schedule payouts every week

  • We guarantee the success of every campaign at 95% because we target our ads to the appropriate section to generate results

  • We use digital marketing to attract our donors so you NEVER have to ask your friends or family

  • We provide 100% confidentiality to protect our clients struggles from public scrutiny

  • We provide 100% confidentiality to protect content creators and inventors from having their ideas stolen from people with more resources

What To Expect

85% of crowdfunding campaigns never reach their financial goals, if they are funded at all. If you're not popular or simply just don't know a lot of people you're at a disadvantage. Sometimes family & friends aren't enough, then what? You still deserve the help you're requesting just like anyone else. With Cravin Savin we put you at ease by doing all the footwork for you. Sign up and relax while we use our digital marketing experts to attract generous donors who are looking to help people just like you.

Statistics on Fundraising in the United States

Crowdfunding has become an increasingly popular source of funding for entrepreneurs and for social causes. The COVID-19 pandemic, Black Lives Matter movement and other events aimed at bringing about social justice such as demonstrations for the killing of Goerge Floyd have led to records high crowdfunding donations. To put this into perspective, the GoFundMe campaign set up to support justice for George Floyd surpassed $13 million.

Here are statistics that give a snapshot of the current state of crowdfunding today and what to expect in the future:

  • The global growth of the crowdfunding market is expected to grow at compound annual growth rate of 16% between 2020 and 2025.

  • In North America, crowdfunding yearly revenue is estimated at $17.2bn, followed by Asia and Europe with $10.54bn and $6.48bn annually.


How donors give: A look at how donors give shows that 32% donations go towards crowdfunding efforts:


From the table above we see that social media and crowdfunding account for almost the same proportion of total donors. This is because the demographic that is actively involved in crowdfunding, donors who on average are age 24 – 35, are also the age group that have discretionary income and are actively using social media.

  • People who had already given to crowdfunding campaigns grew more comfortable giving to such campaigns during the pandemic when individual needs skyrocketed.

  • Moving fundraising efforts, particularly crowdfunding to social media is growing the pipeline of donors.

  • Crowdfunding donors are more ethnically and racially diverse than donors who give by check and they are more likely to be younger, single, and less religious.

  • GoFundMe is the most popular crowdfunding site and is ranked #407 in terms of site traffic in the United States followed by Kickstarter.

  • GoFundMe has raised more than $10bn across 150 million donations. However while the platform is the most popular crowdfunding website, 40% of donations on GoFundMe are worth less than $50.

  • 10,000 new campaigns are started on the platform daily.


  • Most successful crowdfunding campaigns on Kickstarter raised between $1,000 and $10,000

  • About 38% of Kickstarter projects on Kickstarter get successfully funded.

  • Dance is the most successful Kickstarter category with 61% of projects getting fully funded, while film and video are the most popular category, and video games the leading revenue generator with $1.34bn in investments.

  • Social media is crucial to success of a crowdfunding campaign. Campaign admins who shared the campaign less than twice face a failure rate of 97%.

  • Email sharing converts 53%, Facebook converts 12% and Twitter converts 3%.

  • 20% increase of success per every 100 Facebook friends reached.


These stats show the importance of incorporating a social media strategy with crowdfunding campaigns. With a 97% failure rate for campaigns that are shared less than twice, the obvious approach is to employ a digital marketing strategy to improve reach and get the right eyes with the goal of converting them to donors.

While we can anticipate increased growth in the number of campaigns and funding going towards such campaigns, the numbers are not all rosy. The global success rate for crowdfunding campaigns is 22.4%.

Well executed campaigns have the following characteristics:

  • an average word count of 300 - 500 words.

  • Campaign owners are likely to raise 3x more when they update their supporters as these supporters are more likely to share the campaign.

  • Including media such as videos and photos helps campaign owners raise 105% more than campaigns that don’t have media.

  • 20% increase of success per every 100 Facebook friends reached.

  • A successful crowdfunding campaign has an average of 316 backers, while the global average is only 92.

  • 42% of funds are raised in the first and last three days of a fundraising campaign.

  • According to the crowdfunding statistics we gathered, email generates the most conversions, so send messages to your contacts and interested parties. You should likewise share your campaign on Facebook, Twitter, and other relevant sites to expand your mileage.

Sources

https://blog.fundly.com/crowdfunding-statistics/

https://alternatives.financesonline.com/crowdfunding-statistics/

https://www.philanthropy.com/article/crowdfunding-continues-to-gain-traction-as-a-fundraising-tool?bc_nonce=b7rh99526ckeunsy2v1b96&cid=reg_wall_signup

https://www.prnewswire.com/news-releases/crowdfunding-market-to-grow-by-usd-196-36-billion-during-2021-2025--13-86-year-over-year-growth-in-2021--technavio-301249041.html




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