Are you planning to raise funds for your project through crowdfunding? Have you set your targets accurately? Understanding crowdfunding targets may help you succeed.
3. Crowdfunding target refers to the predefined milestone or tipping
point, which you believe is ideal to culminate your fundraising
attempts.
4. Why target setting is important
It helps people get a clear idea of what you truly want to
achieve and why the money raising makes sense
When your project has a clear achievable target, it
incentivises them to contribute more to help it succeed
It specifies your project which increases interaction and
motivates engagement
5. How to set a target
How much the targeted audience can actually
afford to invest?
How quickly you need to launch your
product/service in the market?
What would be the total cost of product
innovation?
6. Thank You
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-crowdfunding-targets/