The best thing that Kickstarter clones offer to fundraisers is the ability to choose the kind of crowdfunding they want. Choosing the right kind of crowdfunding method is very important for any entrepreneur because it may determine how their business will be affected it has been started. While you look forward to being listed in a Kickstarter clone website, ensure that you choose wisely among the following crowdfunding methods.
Debt : debt crowdfunding works almost like a bank. It involves many backers who will give the fundraiser money to start their business, but the money is a debt. This debt should be paid after some time, and there will be a certain interest rate that will be applicable.
Equity : this crowdfunding module is almost like the royalty crowdfunding, but it takes things to a higher level. Instead of getting some amount of money from the revenue collected from a business funded by the backer, the backers get ownership right. In choosing this kind of funding, you have to be very careful and debate whether or not you are ready to share ownership rights for your business after it has started and it has grown to an empire. Sharing ownership rights is not like paying a debt and moving on. It is something that will bind your business to the backers for a very long time. It makes them shareholders. Also, this type of crowdfunding is not easily gotten unless the business has been in existence for a long time.
Royalty : this kind of crowdfunding will involve the paying of a certain amount to the backers after the business has been started. It is like paying royalties to an artist, but this is in a different context. For example, if backers fund the launch of software, when the software has started bringing in revenue, the owner of the software will have to pay some amount of money to the backers from the revenue collected.
Donations And Rewards : donations are made by backers whose only interest is seeing that a business is started or the product is built. On the other hand, reward system involves giving the backers some benefits or perks for their contribution. One of the ways can be offering them the products you are selling for free. It is a kind gesture.
As you look for a Kickstarter clone website, ensure that the crowdfunding options presented to you are what you need. This way, you will have many options to choose from.
The inception of Airbnb has revolutionized the sphere of online business and online tourism business to be specific. It has uplifted different facets of the ecommerce and due to its potential to reach clients across the globe, Airbnb has become a popular name throughout nations. Many entrepreneurs today are willing to establish websites similar to that of Airbnb. Their willingness and desire is being instigated particularly by the presence of a wide range of clone scripts online. This presence of a wide range of clone script has made it easier for businesses to copy the Airbnb model and penetrate into new markets and into new customer segments. But amidst myriads of Airbnb clone scripts it sometimes become difficult to select the most suitable one. To come to the aid of such problem in choosing from a wide variety of cloning script there are several specific features that should be observed in the clone scripts. The presence or absence of such features would determine the quality and adaptability of the concerned Airbnb clone script.
While choosing the right Airbnb clone script one has to look for a customer friendly model that has the potential to automate the online booking process. An entrepreneur has to look for some specific features in a clone script before applying it for business purpose. In respect of choosing an Airbnb clone script it must be seen whether or not it can enable customers to manage their overall vacation package (including rentals) from any part of the world. So, it can be seen that the Airbnb clone script’s interface of the website of the mobile application should be build with applications and features that are easier for customers to use. If the clone script is able to simplify the task of the user then it is a good fit for your business. Moreover, it should also be observed if the Airbnb clone script has the potential to help the host with pricing options that are both adjustable and manageable. The host must be able to help the travellers in terms of pricing option and if the clone script can give this freedom to the host then it could be selected for commercial purpose. In alignment with the varieties of parameters in listing, the clone script must provide the user (the host) to set and modify the prices and packages. Finally, it must be seen that whether or not the clone script provides opportunity to keep track of the performance of the website in terms of client accumulation, business generation and revenue earning.