crowd funding (e-commerce)

Presentacin de PowerPoint

IT PROJECTA Projet compilation by:Monika SinghKiran TahalramaniAayushi GuptaAkash ShahuAditya PanghateON

Shri Ramdeobaba Kamla Nehru College of Engineering and Management

WHAT ISSTART51??

Start51.com offer new creative fund platform to transform unique ideas into reality. The crowd-funding platform runs with an aim of offering direct financial support from contributors. This is an initiative to support projects from all industry verticals that meet our project guidelines.


What Type?


CROWDFUNDING


The practice of funding a project or venture by raising many small amounts of money from a large number of people via internet.

Small Scale Example: You want to design a T-shirt but dont have enough fund for it. So, you ask for help from a bunch of your friends and they agree to invest and you get the required fund for your T-shirt designing.

TWO MAJOR photoPROBLEMS FOR START-UPSPROBLEMS!Financing is a major worry for several start-ups.

Money/finances form backbone of all businesses. Someone to take care of finances is a major worry for several start ups. Especially when cash conservation is must during nascent stage. Finance

photoSecond comes hiring people who share the same vision as you.

A start up cant offer packages and perks like an established company. Therefore, it is advisable to hire people who are passionate about the business and help the company scale new heights. These 2 are major problems.Hiring people with same vision


BENEFITS OFCROWD FUNDING

The use of small amounts of capital from a large amount of individuals to finance a new business venture. The following are some benefits of crowd funding:

Platform allow entrepreneurs to raise funds from people in exchange for tangible goods and it is a all-or-nothing policy.ACCESS TO CAPITAL

People beleive in the success and not only profit of the company in ong run.LOYAL CUSTOMER

If an entrepreneurs sets a goal and doesnt reach it, there is o panalty. All the fund are returned to each contributor.IT IS FREE!!


LETS HAVE A LOOK ON THE HOMEPAGE


BROWSE CATEGORIES


AdventureDanceEventsFilm & VideoGames PhotographyTechnologyComics DesignFashion Food

MusicPublishing Theater

LETS HAVE A LOOK ON THE VIDEO



DISCRIPTION


Fund raising platform in India

Founder & Supporter: Ateet Bajaj

Support projet for different industries

Location: Ahemdabaad, India.

Launched on 3rd, August, 2013 with 3 creative project.

MORE ABOUTTHE WEBSITE

Platform allow entrepreneurs to raise funds from people in exchange of tangible goods and it is a all-or -nothing policy.FUNDING POLICY

People beleive in the success and not only profit of the company in ong run.NEW WAY

If an ntrepreneurs sets a goal and doesnt reach it, there is o panalty. All the fund are returned to each contributor.DIFFERENT PLATFORMS


PAYMENY OPTION


ITS MISSION


. Our mission is simple 'to help getting funds to the people having innovative ideas to transform them into reality'

Both givers and seekers are assured that the money has been spent to serve the community better through a project.

SOME FACTS..


Start51.com is a C2C type of activity.

Its business model is Affiliate Marketing.

Its advertising mode is Viral Marketing.

And further this website is pure form of EC which includes:

Crowdfunding, Fundraising, Crowdsourcing. PRODUCT

Generating revenues from ideas.PROCESS

Distribution of profits to the investors or funders DELIVERY


The Crowdfunding models fueled By three types of Actors

:


The project initiator who propeses the idea and/or project to be funded.Individuals or groups who support the idea.And a moderating organization (the platform) that brings the parties together to launch the idea.

HERE ARE SOME QUESTIONS THAT ARISES


What should creators do if they are having problems completing their projects?Does Start51 screen projects before they launch?

RULES photoAND REGULATIONSWebsite Restrictions!The presenter has to estimate a limited amount in his video/presentation i.e how much money he will be needing for his business.

Limited AmountphotoThe presenter has to acquire the required amount within 51 days. If the presenter is not able collect the required fund within 51 days, he would not get the collected amount from investors

51 Days!!photoThe presenter has to sign a contract with the website and convey to his investor that the funds are not invested in some illegal practices or for other personal business.

Contract




HERE ARE SOME QUESTIONS THAT ARISES


Do contributors get ownership or equity in the projects they fund?What are the fees?Do this website had any competitor?

MORE SITESSUPPORTING CF

The following are the sites which also support crowd funding:

. Whishberry.in

bitgiving.in

HOTstart.in

.Ignite.in


THANK YOU


crowd funding (e-commerce)

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