Comparison: Winnamore Street vs Indiegogo - Make Money Online

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Comparison: Winnamore Street vs Indiegogo

In this article, we will compare a crowdfunding heavyweight, Indiegogo, with one of the new kids on the block, Winnamore Street.

Both services have their own unique advantages and drawbacks and which one is best for you will depend on a number of aspects. Let's take a glimpse at the services on offer in the table listed below.

Winnamore Street Secret Features

No processing fee
Free to browse the website with a standard plan
Ability to pick the funding option that suits you finest
Premium membership for $200.
Unrestricted posts for leading members.
Invites to networking occasions.
Direct contact in between members.

Indiegogo Key Features

5% platform processing charges.
Free to search the site.
Versatile financing.
No membership fees.
People with marketing competence can get their project in front of a big audience.
Access to Indiegogo meetup occasions.
No direct contact.

Cost

The greatest difference between the two websites is in their cost structure.

Winnamore Street charge a fixed quantity of $200 dollars to gain full access to their platform. While they do have a standard alternative, this doesn't offer you the capability to obtain in contact with others on the platform or market for funds.

Indiegogo, on the other hand, charge a set rate of 5% for all transactions on the site. While this has the benefit of meaning there is no risk to establishing a page, if you succeed (which is, certainly, the aim), you could wind up paying a hefty charge.

The very best product for you will, for that reason, boil down to what does it cost? danger you are willing to take, in addition to just how much loan you are wanting to raise. If cost is the most crucial thing for you, then if you want to raise more than $4000 then it could be a great idea to opt for Winnamore Street, if less than $4000, then Indiegogo could be the way forward.

Financing

Both Indiegogo and Winnamore St are more flexible with their financing options than others in the market. Indiegogo offers exactly what it calls "Flexible Financing". This is a system where campaigns that don't reach their goal are still allowed to keep the money raised in specific circumstances.

Winnamore Street takes the concept of flexibility one step even more as business owners and investors are literally allowed to discuss with each other about their objectives. They can be in direct contact with each other and campaigns can define precisely what they want from a financier.

If you are looking for a more traditional design of crowdfunding, then Indiegogo is a terrific place to start, nevertheless, if you want a bit more modification then Winnamore Street could be worth an appearance.

Getting Individuals To See Your Project

When it comes to advertising your campaign, both Winnamore Street and Indiegogo offer different ways to get individuals interested.

Indiegogo have a great deal of info on their website about getting individuals to see your project but ultimately, you will supervise of putting your campaign in front of others. The success of this will likely depend upon how good you are at marketing and the avenues you have readily available to you.

Individuals or companies that choose to crowdfund with Winnamore Street, nevertheless, have the possibility to make unrestricted posts in the member's location of the website. Potential investors have direct access to this area and, as such, you won't need to fret about doing additional marketing for your project.

Naturally, the drawback to this is that only people registered to Winnamore Street can see your post.

Conclusion

Both Indiegogo and Winnamore Street will undoubtedly have their fans and supports. If you want to work within a pre-defined structure and you have some knowledge of digital marketing, then Indiegogo could be the way forward for your crowdfunding project.

On the other hand, if you desire more freedom in what you use, in addition to direct access to potential investors/other business owners, then going with Winnamore Street could be the best concept.
Comparison: Winnamore Street vs Indiegogo Comparison: Winnamore Street vs Indiegogo Reviewed by Parvesh Bravo on 8:38 PM Rating: 5

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