Most crowdfunding websites price their services based on a percentage of overall funds collected. However, platform and processing fees can vary depending on the site. Additionally, certain platforms cater to more niche fundraising needs, while others cover a broad range of topics. Overall, the best crowdfunding site is one that appeals to a large number of potential fundraisers and audiences—like Tycpool.
Tycpool India
THE BASICS
Tycpool is one of the biggest names in the crowdfunding space, and its online tools have helped numerous individuals and groups collect funding for a wide range of needs, including a medical, emergency, memorial, education, and more.
STANDOUT FEATURES
Tycpool campaigns are meant to be highly shareable and visually appealing. Additionally, teams can set up their fundraisers as peer-to-peer campaign pages to reach an even broader audience.
FINAL THOUGHTS
Between cost-efficiency, ease of use, and dedicated fundraising features, Tycpool is the best choice for nonprofits that are looking to start a crowdfunding campaign.
Fundraising platform India
Tycpool India Foundation is one of the fast-growing online fundraising platforms in India. Tycpool India Foundation built and supports a powerful and practical fundraising platform that is free for nonprofits and intuitively easy to use for donors. Before you start crowdfunding, find the best platform for your needs. Tycpool India Foundation has compiled this list to help you compare the best online fundraising platform by fees, features, support, and more. We guide nonprofits into the digital age, help them hit their fundraising goals, and free them to devote more resources to their critical work.
Compare crowdfunding sites: 5 key services to look for
If you’re wondering “How does crowdfunding work?” the concept is fairly simple: Someone starts an online fundraiser to meet a financial need, and then their network of friends and family members donate to their cause. From there, the organizer withdraws the donations and they are sent to their bank account. Below, we list the most important services to watch for in any online fundraising site.
Ease of use
Before you start a fundraiser, navigate through the crowdfunding platform site. The best crowdfunding sites make you want to spend time on their pages, learn more, and get involved. If a crowdfunding site requires a complex process to begin, choose a different one.
Customer support
Does the site offer email support, live chat, or a phone helpline? Remember that your friends and family members will be donating money, and they might need help, too. It’s important for the people behind the site to be honest, responsible, and available, and to work towards the highest level of customer satisfaction.
Tools for spreading awareness in your community
Take a look at the social networking tools the crowdfunding site offers. The best crowdfunding websites have easy-to-use tools that make it easy to share your fundraiser on social media, such as Facebook, Twitter, email, and more. Since your social network is a vital piece of your crowdfunding fundraiser’s effort to reach your audience, features like these are essential.
Crowdfunding fees comparison
A platform fee is when a crowdfunding site takes a percentage of all the money you raise through your fundraiser. Typically, crowdfunding platform fees range from 5% to 12%. Look out for punitive fee structures. Some platforms increase fees if you don’t meet your goal. Others have an all-or-nothing model, meaning you only receive the money based on whether or not you meet or exceed your goal.
Brand recognition and trust
Another important thing to look for in crowdfunding websites is a known name. When a person is familiar with a company, they’re more likely to use their product in the future. This also ties into brand trust. If people have confidence in a company, that means the audience has good experiences with the product or service. It also means that the company is associated with positive traits and characteristics such as honesty.