Anyone who has used social media for any period of time will be aware of UGC (user-generated content) and crowdsourcing, a lot of business information sources about their brand in this way, give them feedback on products and services and answer questions about possible new products.
You get direct feedback from your customer base, it is a win-win situation. You can get more information about crowdfunding consultants online at https://www.samitpatel.net/kickstarter-fees-additional-costs-launching-crowdfunding-campaign/.
Many people responded to this request for information out of brand loyalty – especially if the brand they have used for a long time, some responded as a genuine desire to have their voices heard, and others because of inducements, such as' completing our survey and you could be in to win vouchers to your favorite stores'. inducement or reward.
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This system is by far the most popular reason for involvement and although this model of 'something for something' just not there is a new platform where incentives, combined with the level of philanthropy, began to make its mark on the social scene and crowdfunding.
Crowdfunding, also known as crowd financing, equity crowdfunding, or hyper funds ranging as far as 1997 when fans of the band raise money to pay them for the tour. This was done without the knowledge of the band and have seen a few more projects financed by fans of the band over the years.