The Real Motivation behind the Donations on Online Crowdfunding Platforms

by | Feb 25, 2016 | Business

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There are currently more than 50 crowdfunding sites and an endless number of fundraisers seeking donations. The mystery remains as to what motivates people to donate to various online crowdfunding platforms. These platforms are attracting a lot of people who are giving large donations to certain projects. There may be a science behind the motivation to give, or at least, a pattern involved in the motivation to donate. Several factors could be the reason behind this promptness to donate.

The reward system could be one such motivation for those people who want to gain acknowledgement. In many cases, donors have a connection to the fundraiser or desire to be associated with that particular group. One of the largest motivators that that lead people to donate is if the causes or efforts of the fundraiser line-up with their own beliefs. People donate mainly because of who they are and they value the experience or the circumstances associated with the campaign. The act of donating through online crowdfunding platforms doesn’t simply end once the contribution is made. The organizer will maintain a relationship with the donor in ways that wouldn’t otherwise exist.

An online crowdfunding platform give campaigners the ability to properly establish a motive and a community for giving towards their cause. Donors become eager to interact with causes or efforts that are near and dear to their hearts and often will contribute to their friends and family through crowdfunding campaigns. One of the largest motivators is the idea of simply doing some good in the world. There is so much negative association with certain aspects of the world today that people desperately search for a good cause to support.

Several conditions exist to distinguish between the types of platforms that are available. During the setup process it is important to know exactly what the overall goals of the fundraiser is and which platform genre will help successfully reach those goals. There are many ways to recruit people to help or give towards a certain effort or cause. However, online crowdfunding platforms have proven to be one of the most rewarding and successful methods for raising funds for a designated cause.

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