Investigation Into the Crowdfunding Process for Bringing a Product to Market
type: CreativeWork
description: Crowdfunding is a way for entrepreneurs to source capital. It has become a major factor in the funding and marketing landscape and a tool for prospective product based startups. When used effectively crowdfunding can have profound effects on the launch of a company. This paper investigates the process of crowdfunding a product from start to finish, and seeks to establish best methods to use for each step through research and execution. It takes an in-depth look at all the components needed to run a successful campaign. It also applies the general principles investigated to a specific product, the BankNote wallet, in order to provide an example of the established best practices with a real product. The process of crowdfunding a product is broken down into five sections: 1. Building the Product 2. Planning the Campaign 3. Gathering a Crowd 4. Creating the Campaign 5. Running the Campaign For each of these sections I discovered many useful practices that increase the odds of a successful campaign. I was also able to establish a timetable for each task needed to complete the process. This paper outlines and demonstrates the components of an effective crowdfunding campaign. It is intended to be used as a tool in the hands of an entrepreneur.
abstract: Crowdfunding is a way for entrepreneurs to source capital. It has become a major factor in the funding and marketing landscape and a tool for prospective product based startups. When used effectively crowdfunding can have profound effects on the launch of a company. This paper investigates the process of crowdfunding a product from start to finish, and seeks to establish best methods to use for each step through research and execution. It takes an in-depth look at all the components needed to run a successful campaign. It also applies the general principles investigated to a specific product, the BankNote wallet, in order to provide an example of the established best practices with a real product. The process of crowdfunding a product is broken down into five sections: 1. Building the Product 2. Planning the Campaign 3. Gathering a Crowd 4. Creating the Campaign 5. Running the Campaign For each of these sections I discovered many useful practices that increase the odds of a successful campaign. I was also able to establish a timetable for each task needed to complete the process. This paper outlines and demonstrates the components of an effective crowdfunding campaign. It is intended to be used as a tool in the hands of an entrepreneur.
author: Talbot, Bjorn
language: en_US
language: English
date published: 2014
date modified: 2026-07-27T21:46:30Z
provider: University of Nevada - Reno
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: University of Nevada, Reno

PropertyValue
property ID: Handle
value: http://hdl.handle.net/11714/577