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Palmer Luckey, the founder of Oculus Rift, started a crowdfunding campaign to develop the VR headset in 2012. Within four hours of the Kickstarter campaign, he reached the target with more than 9500 backers raising $2.4+ million. This was one of the biggest crowdfunding stories at the time.
Later, in 2014 Facebook acquired the massively popular virtual reality headset Oculus VR, for 2 billion.
But how can you become the next big crowdfunding brand with your project campaign?
Similar to business planning and strategy building, budgeting is also crucial for crowdfunding. Here, you will be managing money from multiple backers around the world who believe in your product and company vision. Therefore, it would be unfair to reach them without having a clear idea for the application of funds.
Therefore, we encourage you to create a rewarding crowdfunding budget that will help you build a brand, engage with your audience, and run your campaign smoothly. We have shared 10 parameters that you can cover in your crowdfunding budget to facilitate this process, each supported with a stunning template.
These well-designed templates are crafted by our team of professionals. They are easy to edit and can be customized with detailed information about your crowdfunding campaign. So let’s lay them bare one by one and communicate effectively.
1. Marketing
It is important to make space for great promotional material in your crowdfunding budget plan. You can include digital marketing, miscellaneous advertising, press releases, trade shows, and other costs in the budget.
So either market your campaign on social media platforms to attract maximum backers or hire genuine marketing agencies. Do further research using this amazing template.
Template 1
Use this template to create an invigorating crowdfunding budget. It includes frameworks on organizational structure, market leadership, business model, growth strategy, revenue strategy, and more. So download it and evaluate the cost required for each pointer.
Download Investment Crowdfunding PowerPoint Presentation
2. Videos and photos
Visuals are the first things that people want to explore. Therefore, high-resolution videos and photos act as the best way to help backers understand the product benefits. But if you are on a tight crowdfunding budget, you can use inexpensive programs to create your campaign videos. Pick this design and structure your plan at a minimal cost.
Template 2
This technical crowdfunding template can be used to design lucrative strategies for reducing graphic designing costs. You can further use it to highlight the challenges faced while creating the budget such as software selection, services required, and more. Download now!
Download Crowdfunding Technical Strategies And Challenges Template
3. Referral programs
You can attract audiences by conducting a referral program for your crowdfunding campaign. It allows you to tap into networks that are difficult to access. Referral cost usually includes the monthly fees and 3-5% payment processing fees. Therefore, select this template and choose high-traffic media outlets and blogs for promoting your campaigns.
Template 3
Choose this exhaustive crowdfunding template and exhibit the investment process effectively. Besides, you can use it to share information on various referral programs. So download and persuade your audience.
Download Crowdfunding Process Investment Management
4. Funding goals
Set your crowdfunding budget after considering costs such as fees, taxes, unforeseen expenses, pre-sale costs, manufacturing costs, and more. Also, include extra cash in the final fundraising budget to cover abrupt mistakes. Select this template and raise more money than your actual target.
Template 4
Select this 47 slide crowdfunding template to decide a goal for your budget campaign. The template can be easily tailored as per your funding goals. So grab it right away without any second thoughts.
Download Crowd Funding PowerPoint Presentation
5. Platform fee
There are numerous platforms such as Kickstarter and IndieGoGo to raise capital through crowdfunding. Therefore, it is essential to know the services provided by each forum and select accordingly. This template will surely help you in your budgeting journey.
Template 5
Companies can use this template to select the most cost-effective platform for raising funds. You can further highlight the effects of external and internal factors on multiple platforms. Download now and bring your project to life.
Download Major Effects On Crowdfunding Platforms Templates
6. Order fulfillment cost
Depending on the volume of your backers, select a pledge management tool. These tools usually follow a tiered pricing strategy; therefore, pick the best according to your campaign requirements. Download the given template and budget your order management.
Template 6
Highlight the key characteristics of different pledge management tools with this crowdfunding template. Some platforms charge only a certain percentage of funds collected, while others also include each backer’s rate. So download and pick the most profitable tool.
Download Crowdfunding Budget Benefits Sample PPT Template
7. Taxes
Crowdfunding money is considered income for all organizations and must be officially accounted for in the tax statement. In fact, in some countries, you can even deduct certain money against production. So calculate wisely and save all the receipts and documents related to purchasing and sending out. Download this impressive template and design a crowdfunding tax budget.
Template 7
Illustrate various tax regulation laws with this crowdfunding budget template. It will help you understand the critical deductions against funding, accountability, marketplace, and support. So grab it immediately.
Download Crowdfunding Budget Methods Templates
8. Manufacturing budget
Choosing a manufacturer is a big step for the victory of your crowdfunding campaign. Therefore, talk to your friends, family, acquaintances, and industry contacts - check their reviews, conduct research, and ask for quotes. Remember, cheaper is not always better. Check out this template to follow a structured approach.
Template 8
Highlight the significant steps involved in designing an efficient crowdfunding budget using this unique template. You can discuss all the pointers mentioned in the blog. So download and use it to develop a budget-friendly crowdfunding plan.
Download 4 Stage Crowdfunding Budget Generation Process Templates
9. Shipping cost
It is necessary to calculate the size of your product and where you have to make the shipment. So while calculating the shipping cost, consider courier charges, taxes, customs duty, expenses for fragile and restricted products, and more. Pick this template and make the desired changes.
Template 9
You can use this crowdfunding budget template to emphasize the shipping process and calculate the cost required in each phase. It will help you get a cost estimate in advance. So download and make the changes as per your budget specifications.
Download Crowdfunding Budget Working Process Templates
10. Reward cost
Some organizations plan to share additional rewards like t-shirts, mugs, or planners with their backers. If you intend to do the same for your business, calculate the cost of designing, producing, and shipping the rewards, and include it in your crowdfunding budget. Let’s get started with this well-crafted template.
Template 10
Use this unique template to represent the meaning of a reward-based crowdfunding budget. Additionally, you can share different approaches and help your team members understand the importance of rewards. Download now and use it to conceive loyal backers.
Download What Reward-Based Crowdfunding Budget Templates
A crowdfunding budget plan will assist you to know exactly how much to invest in your project. Further, our PowerPoint templates will help you stay on the right path by completing orders, keeping your supporters happy, and swaying your crowdfunding campaign.
P.S: You can ace your fundraising journey by creating an actionable toolkit with our exclusive templates featured here.
