Do you wish to create your own open source crowdfunding software? With the present technology, it is very simple to create an app. All you need to do is follow the step by step procedure and high a reliable and reputed mobile app development company to get the task done.
- Select a crowdfunding niche
Every new crowdfunding platform has a dedicated niche. It means you need to host crowdfunding campaigns for a particular cause. You don’t have to compete to the largest crowdfunding platform online. The famous crowdfunding sites today have taken years to reach this position. In order to ensure the success of your own platform, you should select a specific niche which isn’t yet present in the crowdfunding segment.
Select a niche which separates your software from the rest and offers value to your creators. It will benefit you in the short run. It a great step to get good backers.
- Make use of crowdfunding technology
Choose the correct technology which you wish to use on your site. Not every technology requires money, but if you talk about running a successful crowdfunding site, then you should make sure that there are no bugs and the users have a great experience. It is not advisable to use a free crowdfunding software. Investors choose a SaaS which offers real-time support.
Make sure you know your requirements. Make a list of all the features needed for your platform. Once the list is complete, send it to the technicians at mobile app development company. They know the best technology which will fit your need in the most appropriate way. It will also save your time, money and energy in the long run.
- Link the payment gateway
It is suggested to open a bank account for your crowdfunding site if you wish to earn the transaction fee on every donation made to your site. It is yet another great idea to generate a side income. Connect your bank account to your payment gateway to get the transaction fee. Make sure you choose a good and safe payment gateway.
- Include good content
Once you have chosen the niche, platform and connect the payment gateway, then you should start adding content to your site. You should have front end source code or else you will be limited by the default UI. The best way to get it by hiring a mobile app development company. You should get all the content, image and video in hand before adding it to the site.
- Launch the platform
Once the platform is designed, you should launch it. But before launching make sure you have some campaigns from beforehand. If they are not there, then you should join communities of your niche to get them. Go for a pre-launch campaign to get the right audience towards your platform.
- Market the website/ app
Once it is finally created and released online, you should market your crowdfunding platform so that all the campaign creators approach you and create campaign on your site. This way you won’t have to do anything to make money and you can make money by just approving and disapproving their campaigns.