It is our hope that after reading this you will be able to make a more informed decision.
WHAT IS CROWDFUNDING CASH?
Crowdfunding Cash is a new course that can teach you how to leverage crowdfunding to make income.
HOW DID THIS PROGRAM GET STARTED?
One of the program’s creators Adam Ackerman started selling on Amazon in 2013. Adam invested a lot of his personal savings into inventory to start selling on Amazon. He also spent a lot on education.
Adam went on to sell millions of dollars online but as Adam says, “it wasn’t an easy journey.” Adam had many ups and downs selling on Amazon and almost gave up. He told himself “there has to be a better way”.
That’s when Adam found the best way to launch multi-million dollar businesses online.
The best part was, it was using little to none of his own money.
Using this concept, Adam went on to has generate over $2,000,0000 in revenue.
This was all without EVER BUYING A SINGLE PIECE OF INVENTORY!
Adam even made $566,112 in 45 days!
HOW DOES CROWDFUNDING CASH WORK?
Rather than starting a business the old way:
- Find a product
- Buy thousands of dollars in inventory
- Investing your own money
- Build a website
- Drive traffic to your website
This program says that it will teach you how to generate $100,000 in sales within your first 30 days…
USING OTHER PEOPLE’S MONEY!
- You will pre-sell hundreds and thousands of units of your product without buying inventory.
- While doing this, you will build an email list of thousands of real customers.
- Develop and create intellectual property for your brand. This can increase your company’s valuation 10X.
- Get online retailers to come to you to distribute your products.
- Have Amazon ask you to work with them.
Crowdfunding is people coming to together to pre-order your products. Or they come together to pledge money in exchange for as product in the future.
In simple terms, you get your profit first, then make the products. Months later, you ship the products.
The people that support your business are BACKERS.
You keep 100% of the funds and keep 100% ownership in your business.
CROWDFUNDING SITES TO USE
Each site gives you the opportunity to get backer pledges for your product for 30 to 60 days. This creates a sense of urgency for backers.
Each of these two websites has millions of visitors every month looking to back and support.
You will receive your funds within 14 days after your campaign ends.
Each platform charges a 5% success fee and a 3% fee for credit card processing.
EXACT STRATEGY OF CROWDFUNDING CASH
There are just four steps you will need to take to make big money with crowdfunding:
1) PICK THE RIGHT PRODUCT TO SELL AND WORK WITH THE RIGHT MANUFACTURING PARTNER.
In this part of the program you will learn the product selection process and how to find the best suppliers. This is critical to having success in crowdfunding.
SELECTION CRITERIA TO FIND THE PERFECT PRODUCT
- The product should weight less than 5lbs. This is great for shipping and will save you money in the long run.
- Have smaller dimensions.
- A perceived retail price of $49 to $149.
- Must be easy to use and simple to understand.
- Does not require a tremendous amount of development.
- Has few moving parts.
- Cost to make the product should be between $5 to $20. Should sell for 4X your cost.
- Should have long term consumer appeal.
- Easy to add other products that compliment the main products so you can create a line of products.
The product you choose needs to be unique in some way. This does not mean that you have to invent a product. You can take an existing product and make a small moderation. This is called an “iteration”.
Iteration is the exact term used by KickStart and Indiegogo saying it’s ok in function or design.
The five main attributes of an iteration on KickStart and Indiegogo are:
- Is it a new technology?
- Does it have a unique story?
- Does it have a different design?
- Is the function different in some way?
- Can the product be re-purposed in some way?
Making changes in design and function are the easiest ways to develop a product idea.
SEARCH AND VALIDATE PRODUCT IDEAS
There are three websites to use to confirm a product idea:
Use these steps when researching and confirming potential product ideas:
- Start with your passion: Whatever you love, start looking for products in that category. Use Amazon.com to find your initial product ideas.
- Validate you product idea
- Look at best seller ranking on Amazon. Then duplicate this step for all 10 product ideas.
- See what design or function changes you can create to make this product different or better. Once you have identified one or two possible iterations, go to KickStart or Indiegogo search. Search using your main keyword. Look to see if someone else has tried to launch a similar product. If you find something similar, how did it do? How much money did it raise? How many backers did it get?
- Focus on the top four product ideas, and identify what iterations you can make.
- Build a following around your product and brand.
2) DEVELOP AND POSITION YOUR BRAND AND STORY PLUS MAKE CAMPAIGN AND VIDEO
You will discover the exact formula consistently used to create $100,000 campaigns and launches.
STEPS TO DEVELOPING PRODUCT AND BRAND
- Sketch your ideas on paper. Show iterations you would make if you were developing this product for yourself. If possible, take measurements and add dimensions to your drawings.
- Next, find a graphic artist, who can take your sketch, and make it a working 3D model. You can find these people on Fiverr.com. This process should take only 3 to 5 days to complete.
- Now you will need to find the right supplier for your product. You can find suppliers on Alibaba.com. Work directly with the factory and not a middleman.
- Once you find a supplier, you will share your designs with them and have them create a 3D printed prototype.
- Ask friends and family what they think of the prototype.
- After finalizing the design, get into the actual numbers with your supplier. (cost per unit) You should target a 30% to 50% profit margin. Your goal is 4X to 6X cost of goods.
MARKETING AND BRANDING
LEARN TO TELL YOUR STORY
The critical part of a successful crowdfunding campaign is to tell your story. Many crowdfunding campaigns fail because the do not tell a story.
Your main marketing tools for your marketing campaigns are video and your sales copy for your campaign page.
Before you shoot your video, you will want to write out a script. Explain why people should back your product and support your business.
LEARN TO CREATE THE PERFECT VIDEO
In this program you will learn the 7 pillars to creating the perfect video script.
You will also learn how to create a very professional video right from your smart phone.
DISCOVER HOW TO OPTIMIZE CAMPAIGN PAGES
This program will also teach you how to properly optimize your campaign pages and images. In these modules you will learn every aspect of optimizing your campaigns. The campaign page will also be broken down so you understand the steps required to properly optimize every part of your campaign page.
STEPS TO AUTOMATING YOUR BUSINESS
Learn how to properly execute and deliver all of the orders that came in from your campaign. This is can be automated by using a fulfillment center which will warehouse, pack, and ship your products. The Crowdfunding Cash course will show you how to find a fulfillment center that will work best for you.
3) LAUNCH YOUR PRODUCT ON A CROWDFUNDING WEBSITE
Using special techniques, you will get a lot of sales so you will quickly make money. You will learn the complete step by step process of launching a product on a crowdfunding website. This is a system used to build sales throughout the entire process.
4) FIND A THIRD PARTY FULFILLMENT CENTER TO SHIP ORDERS
Learn how to use automation to grow your business. In this part of the process you will see how to build a large business without managing inventory or touching your products. This allows you to manage and run your business from anywhere in the world.
OUR OBJECTIVE IN THIS CROWDFUNDING CASH REVIEW
We have not covered every area of the Crowdfunding Cash program. Our purpose in this Crowdfunding Cash review is to give you a complete overview of what you receive when you join.
Check out the complete program here to learn everything the Crowdfunding Cash program offers.
HOW MUCH DOES CROWDFUNDING CASH COST?
At this time, the cost of this course is $1,497.00. We feel this is a very reasonable price considering all that you get with the program.
CROWDFUNDING CASH REVIEW: WHAT OTHERS ARE SAYING
This program is a relatively new. So there are not many people leaving a Crowdfunding Cash review at this time. You will find numerous affiliate sites posting their Crowdfunding Cash review but very little from actual members. We will update this Crowdfunding Cash review once we get updated information.
OUR FINAL VERDICT IN THIS CROWDFUNDING CASH REVIEW
Crowdfunding Cash is by far one of the best business opportunities we have seen in a long time. It uses one of the hottest ways to build a business and brand which is crowdfunding.
As we did our research for this Crowdfunding Cash review, it was hard to find anything we did not like about this program. It truly is one of the easiest ways to create income in today’s crowded online money making space. This opportunity truly allows anyone to make a full time income without all of the hassles of traditional businesses.
The only downfall to this course is that it’s only open to the public once a year. Be sure to sign up when it’s available or you will have to wait for another year.
(Learn more about our rating guidelines.)