Archive | July, 2014

Equity Crowdfunding Campaign Targets $100 Million Personal Submarine and Superyacht Market

28 Jul

DeepFlight launches Crowdfunder.com Series A fundraising campaign to fund the next evolution of super yacht submarines and meet the booming demand for the deep sea exploration and tourism industry

By Robert Hoskins

Point Richmond, CADeepFlight has launched a Series A round Crowdfunder.com equity crowdfunding campaign to address an estimated $100 million market for personal submarines for the superyacht and tourism markets. The Company has already established initial sales to early adopters, including the late adventurer, Steve Fossett; venture capitalist, Tom Perkins; the founder of Red Bull, Dietrich Mateschitz; Sir Richard Branson, and others. The goal of the campaign is to raise $2.5 million to support the next evolution of the DeepFlight submarines and dominate the market for private submarine ownership, as well as access the emerging market of undersea tourism.

Led by industry pioneer, Graham Hawkes, DeepFlight has invested the last twenty years perfecting the DeepFlight submarines through five generations of working prototypes. The Company’s flagship technology, DeepFlight Super Falcon, is a fundamentally new type of submarine whose patented winged design offers the unparalleled experience of underwater flight and the unique safety of automatic return to the surface. Over the last two years, DeepFlight has refined its product roadmap with five different craft, optimized for the various market segments. While several other companies have recognized the market potential for personal submarines, none have adapted their designs for large-scale recreational use.

DeepFlight presently generates revenues through sales and service contracts, and currently has contracts in-house worth over $3 million. The Company’s first sales have been to high net worth individuals (HNWI), including superyacht owners. Its near term business model is to continue to target the $10 billion global superyacht market, with the goal of equipping 1% of the superyacht fleet with DeepFlight craft by 2020 for a projected $80 million in revenues. Additionally, the Company has delivered DeepFlight craft to two resort locations and the Company anticipates continuing to expand its revenues from resort and tourism operations..

DeepFlight is taking advantage of Title II of the Jobs Act which has recently allowed private businesses to generally solicit and publicly raise money from accredited investors via equity crowdfunding. This technique is entirely different from rewards crowdfunding which does not allow for equity investments. The Company is seeking to raise $2.5 million; information regarding the equity raise is available at http://www.crowdfunder.com/deepflight. The funds will be used to build and commercialize the next generation of DeepFlight personal submarines, including its newest product line to be introduced in Q4 2014, and to expand its marketing presence in its target markets.

President of DeepFlight, Adam Wright, stated, “We are excited to launch our campaign on crowdfunder.com. Having proven our technology and established initial sales, we see a great opportunity to grow the market for undersea recreation and tourism. In the short term, the Company expects most of our orders will continue to come from individuals, however, we anticipate expanding our business to include other large-scale recreational and tourism activities.”

Tom Perkins, venture capitalist and owner of a DeepFlight Super Falcon, said, “I spent three years adventuring in the South Pacific with my DeepFlight craft, and the experience exceeded my wildest imagination. I believe DeepFlight is well-positioned, with a proven technology, to capitalize on the new possibilities for private exploration of our oceans, and to grow this company to its potential.”

Graham Hawkes, Founder and Chief Executive Officer, added, “Even though we live on an ocean planet, there are few commercially available technologies that can provide an engaging underwater experience to a large number of users. From the beginning, our DeepFlight submersibles have captured the public’s imagination, and I am thrilled that we are now able to invite the public to support our initiatives to open the oceans to a larger audience. I look forward to introducing our newest product line in the coming year, and I am fully confident that our DeepFlight personal submarines will expand the market for undersea recreation.”

DeepFlight, formerly Hawkes Ocean Technologies, was founded in 1996 by world-renowned engineer, Graham Hawkes, with the goal of innovating underwater technologies to expand human access to the oceans. In 2012, the Company pivoted from a research and development organization to focus on commercializing its submarines for the recreation and tourism markets. The Company’s flagship technology, DeepFlight Super Falcon, is a fundamentally new type of manned underwater vehicle that is a combination of submersible and high-performance aircraft. DeepFlight is globally recognized for its series of advanced personal submarines, designed, built and operated for the private owner and recreational markets, including the superyacht and tourism industries.

# # #

World’s First Crowdfunded Hotel: Hard Rock Hotel in Palm Springs Raises $1.5M

27 Jul

World’s First Crowdfunded Hotel, Hard Rock Hotel, Palm Springs Raises $1.5M

By Robert Hoskins

Palm Springs, CA – Realty Mogul, along with Kittridge Hotels & Resorts announced that stakes in the Hard Rock Hotel in Palm Springs are officially sold out!  This news marks crowdfunding history as the Hard Rock Hotel in Palm Springs will go down as the first operating hotel in the United States to successfully use crowdfunding.

Hard Rock Cafe in Palm Springs is First Equity Crowdfunded Hotel in the United States

Hard Rock Cafe in Palm Springs is First Equity Crowdfunded Hotel in the United States

In total, Realty Mogul raised over $1.5 million for the project, spread across 85 investors around the nation.  In addition to the potential financial benefits of being an equity owner in the Hard Rock Hotel Palm Springs, individual investors in the hotel are receiving VIP benefits including free use of the hotel owner poolside cabana, 25% discounts off the best available room rates, free room upgrades and much more.

“Hard Rock Hotel Palm Springs is excited to be the first crowdfunded hotel in the nation and we’re honored to have completed this transaction with Realty Mogul, the leader in real estate crowdfunding,” said Andy Carpiac of Kittridge Hotels & Resorts, LLC.  “Our staff is thrilled we have the privilege of servicing our new owners at the hotel and treating them all to an exceptional level of VIP service.  For all of our new investors, Hard Rock Hotel Owners Cards are in the mail.”

“This is a historic time for both Realty Mogul and Hard Rock as hospitality makes so much sense coupled with crowdfunding, ” saidJilliene Helman, CEO of Realty Mogul.  Not only can hotel owners raise capital for their projects, but they can drive bottom line results through a network of investors that are staying at the property, touting the property and encouraging their friends and relatives to frequent the property.”

For Realty Mogul, the Hard Rock Hotel Palm Springs marks just the beginning as the company will be actively crowdfunding more hotel transactions in the near future.

# # #

RCS Capital Announces Initiative to Establish Leading Crowdfunding Investment Platform

27 Jul

Acquires Assets of Trupoly, White-Label Investor Relationship Management Portal and Adds Key Executives to Crowdfunding Initiative

By Robert Hoskins

New York, NY – RCS Capital Corporation (NYSE: RCAP), announced that it is establishing a crowdfunding investment platform which it will brand under the name, “We R Crowdfunding.”

In connection with this initiative, RCAP acquired substantially all of the assets of New York based Trupoly, Inc., a white-label investor relationship management portal, which will be integrated into RCAP’s new crowdfunding investment platform.  RCAP also announced the hiring of Trupoly Founder and President, Ryan Smith, as well as other key Trupoly executives.

RCAP expects “We R Crowdfunding” to launch in September 2014 as part of RCAP’s integrated financial services platform under the direction of Michael Weil, RCAP’s President. “We R Crowdfunding” will deliver high-quality investment offerings by utilizing RCAP’s existing broker-dealer infrastructure, which includes investment banking, due diligence, compliance and research, as well as technology developed by Trupoly. “We expect ‘We R Crowdfunding’ to provide investors direct access to public and private offerings, including Regulation A and Regulation D offerings, mutual funds and closed-end fund offerings, in a variety of industries and sectors,” said Mr. Weil.

Mr. Weil continued, “‘We R Crowdfunding’ looks to the future of securities sales by adding an important element to our full-service retail financial services firm. The crowdfunding investment platform will permit investors, whether working with financial advisors or exploring investment opportunities on their own, to access, investigate and participate in a wide range of offerings from a vast pool of asset classes. We are making a small capital investment at this time to gain access to a significant potential market that we expect to develop over the next several quarters.”

“We are pleased to be joining the RCAP team and look forward to creating the market leader in direct-to-consumer investment offerings,” said Ryan Smith, Trupoly’s Founder and President.  Also joining RCAP are Charles Crnoevich, Trupoly’s Head of Sales, and Melanie Eitel, Trupoly’s Client Relationship Manager.

Crowdfund investing was established by Title II of the federal JOBS Act in 2012, which directed the Securities and Exchange Commission (“SEC”) to relax rules prohibiting the general solicitation of investments.  Crowdfund investing relies on general solicitation, often via the Internet, to inform and attract capital to specific investment opportunities.  A 2013 study by the World Bank predicts that crowdfund investing could grow to become a $300 billion annual market in the U.S. over the next ten years.

# # #

Balderton Capital Follows Long History of Backing Disruptive and Innovative Businesses; Invests £3.8 Million in UK Equity Crowdfunding Site

22 Jul

Crowdcube, named one of the hottest Fin-Tech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally

By Robert Hoskins

 Exeter, Devon, United Kingdom – One of Europe’s largest venture investors, Balderton Capital, leads a £5m round with a £3.8 million stake in Crowdcube, the world’s first and leading investment crowdfunding platform. Crowdcube will complete its Series B round by offering a £1.2 million crowdfunding.

Crowdcube, named one of the hottest FinTech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally

Crowdcube, named one of the hottest FinTech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally

Darren Westlake, CEO and co-founder comments, “We’re delighted to secure growth finance from such a renowned VC who will undoubtedly add tremendous value both strategically and operationally. We’ve built a pioneering and award-winning service over the last few years. This investment, alongside the crowd, puts us in an even stronger position to provide essential growth finance for businesses and inspire a new generation of investors.”

Balderton Capital, which has also invested in disruptive financial tech companies such as Zopa, Nutmeg, GoCardless and Wonga, as well as other fast-growth internet businesses like Lovefilm and Betfair, has a long history of backing disruptive and innovative businesses. Partner Tim Bunting, who will join Crowdcube’s board of directors said, “We love the way Crowdcube is disrupting and democratizing investment into businesses seeking growth finance; Balderton is always looking to support new approaches to traditional financial services, and Crowdcube’s trailblazing model makes investment accessible, affordable and transparent. We’re excited about working with this team and building on their dominant position in the crowdfunding market.”

Crowdcube, named one of the hottest FinTech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally. The firm is planning to double its team to 50 as well as open new offices in London and Scotland, while expanding its head office in Exeter. It is also expanding internationally beyond the seven joint ventures that it has already established.

Since it launched in 2011, Crowdcube has raised over £30 million for more than 130 start-up, early stage and growth businesses. More than half of this finance has been secured in the first half of 2014, demonstrating the accelerated growth for the innovative crowdfunding market, the willingness for people to invest in British businesses and the demand by businesses for seed and growth capital.

Crowdcube estimates that these companies are already boosting the British economy with the creation of 3,000 new jobs over the next three years. In addition, some fast-growth businesses like Righteous, Tidy Books and East End Manufacturing are contributing to Britain’s exports, supporting the Chancellor’s challenge to double Britain’s exports to £1 trillion by the end-of-the-year.

Other Crowdcube milestones include:

  • It was the world’s first crowdfunding platform to offer equity to investors in 2011.
  • Crowdcube has successfully crowdfunded two previous rounds on its own website raising £320,000 in 2011 and £1.5 million in 2013.
  • In September 2013 Kevin McCloud’s Hab Housing broke the world record for equity crowdfunding investment with 649 people putting in £1.95 million.
  • Crowdcube was the first crowdfunding company to sign up an international partner and now has a presence in seven countries:BrazilSwedenDubaiPolandItalySpain and New Zealand.
  • January 2014 saw the launch of the first managed venture fund for crowdfunded equity investments.
  • In June 2014 Crowdcube launched its Mini Bond product, disrupting the retail bond market in the same way that it has equity finance. River Cottage, which raised £1 million in less than 36 hours and Chilango are the two companies that have already launched Mini Bonds on Crowdcube.
  • The latest firm to raise finance is a start-up founded by the team behind Fitness First and Jatomi Fitness, James Balfour and Giles Dean. 1Rebel will launch a chain of contract-free ‘high intensity’ boutique gyms in London, which allow members to book classes online and via an app on a pay-as-you-go basis.

As the world’s first equity crowdfunding platform, Crowdcube enables everyday investors to fund British businesses in return for a share in the company. Since February 2011, over 80,000 savvy investors have registered with Crowdcube, helping to raise more than £30m for over 130 UK businesses. The ground breaking model lets entrepreneurs showcase their investment opportunity online and bypass the traditional business angel, venture capital or bank route, giving them more control and access to more investors.

Balderton Capital is one of the largest venture capital firms in Europe, committed to finding and helping talented entrepreneurs build great companies. Based in London, the firm manages $2.2 billion.

 

# # #

Indiana Joins the Elite List of States that Allow Equity Crowdfunding from Unaccredited Investors

22 Jul

Indiana entrepreneurs can raise up to $2 million and Indiana investors can invest up to $5,000 per opportunity

By Robert Hoskins

Indianapolis, Indiana – Secretary of State Connie Lawson announced the rules for crowdfunding in Indiana which will allow Indiana investors to direct their equity investments to homegrown Hoosier entrepreneurs through the Internet. Indiana entrepreneurs can raise up to $2 million and Indiana investors can invest up to $5,000 per opportunity.

Indiana Joins the Elite List of States that Allow Equity Crowdfunding from Unaccredited Investors

Indiana Joins the Elite List of States that Allow Equity Crowdfunding from Unaccredited Investors

“Crowdfunding creates a new way for Hoosier entrepreneurs and investors to invest in Indiana,” said Secretary Lawson. “Previously, entrepreneurs could only solicit funding from wealthy investors, limiting their ability to grow their business and preventing smaller investors from taking advantage of up and coming opportunities. Now, all Hoosiers will have a chance to invest in Indiana.”

Crowdfunding began as an online fundraising strategy to facilitate the public donating  small amounts of money, often through social networking websites, to help musicians, filmmakers and other artists finance their projects. Indiana moves to the forefront of using the concept of crowdfunding as a tool to help facilitate the equity investment market. Through Indiana’s new crowdfunding rules, small businesses and entrepreneurs will be able to tap into the “crowd” in search of investments to finance their business ventures.

Congress passed the JOBS Act in April of 2012 authorizing the Securities Exchange Commission to write federal rules for crowdfunding. Those rules have not been finalized. The Indiana General Assembly passed crowdfunding legislation for the state during the 2014 legislative session and tasked the Secretary of State’s office with writing the rules. Secretary Lawson, Securities Commissioner Carol Mihalik and their team worked tirelessly to complete the rules by July 1 to give emerging Indiana businesses the tools they needed the day the law went into effect.

“Crowdfunding has potential to be a great capital formation tool for start-up businesses,” said Securities Commissioner Carol Mihalik. “Hoosiers need to be aware of the risks before they invest and they should always do their research before investing. As always, our efforts to fight fraud and impose consequences will continue regardless of the type of investment.”

For more information and to view the rules, entrepreneurs and investors can view Secretary Lawson’s website http://www.in.gov/sos/investinindiana. Investors and entrepreneurs

# # #

Top 10 Texas Equity Crowdfunding Sites (Portals)

22 Jul

Top 10 Equity Crowdfunding Sites for Accredited and Non-Accredited Investors in Texas

By Robert Hoskins

Austin, Texas – We set out to write a story on the Top 10 Equity Crowdfunding Sites in Texas, but according to Google there are only few rewards-based and equity-based crowdfunding sites (see lists below) that are planning to serve the Texas market place.

Suffice it to say that there is a huge opportunity for people with finance, legal and marketing experience to get into the Texas crowdfunding business.

Texas ranks #2 only to California by population with an estimated 26 million people, and approximately 20 million of those are 18+ years old.  When the Texas Intrastate Crowdfunding Exemption Rule goes into effect in November 2014, unaccredited investors will be able to invest up to $5,000 per year in start-ups and existing businesses, which represents a potential investment capital pool of $100 billion.

If you’d like to explore what it takes to setup a crowdfunding site in Texas, please give us a call at (512) 627-6622.

Top 10 Texas Sites – Unaccredited Investors:

Rank © Front Page PR   Global Rank
#1 www.texas.trucrowd.com     485,665
#2 www.nextseed.com     992,563
#3 www.massventure.com  1,388,521
#4 www.texascrowdfunding.com  3,315,899
#5 www.investpeer.com  5,659,309

Source: Feb 2015 SimilarWeb Website Statistics

Top 10 Texas Sites – Accredited Only Investors:

Rank © Front Page PR   Global Rank
#1 www.seedinvest.com    184,226
#2 www.microventures.com    241,967
#3 www.investx.com    403,141
#4 www.dreamfunded.com 1,267,585
#5 www.texasenetworks.com 1,721,280
#6 www.realtywealth.com 2,647,893

Contact us at 512-627-6622 if you would like to add your Texas crowdfunding portal to our list.

More Top 100 Crowdfunding Lists:

 

 # # #

How to Make Money and Create Jobs by Teaching Crowdfunding Training Classes in Your City, State or Country

17 Jul

Did you know that 50% of the 48 contiguous United States don’t have one single crowdfunding training class? That means anyone with a marketing degree can make $49 to $399 per student teaching people how to launch crowdfunding campaigns

By Robert Hoskins

Austin, Texas – One thing that amazes me about the crowdfunding industry is the lack of training programs or community outreach programs that are available on a nationwide basis.  There are plenty of crowdfunding professionals that offer training programs, boot camps and workshops in major metropolitan areas, but what about cities with a population of less than 500,000 people?

How to Launch a Crowdfunding Training Program in Your City or State

Teach a Crowdfunding Training Class in Your City or State to Help Small Businesses to Create New Jobs

In most cases, cities with a population of 100,000 or more people usually have a Chamber of Commerce, Economic Development Council, SBA, SBDC,  and/or SCORE  offices that are setup specifically to help entrepreneurs and startups write business plans and find venture capital.

What surprises me the most about these organizations is that they don’t offer one single local crowdfunding training class on how to use crowdfunding  campaigns to raise money to get small businesses off the ground. Why is that?

There so many smart people out there that already teach business planning, business development, finance, marketing, etc.  Why not include a crowdfunding training class to teach entrepreneurs how to take advantage of the growing $10 billion crowdfunding industry?

Crowdfunding training classes, boot camps and workshops are charging anywhere from $49 for online classes to $399 for onsite conference training programs? Why not roll out these revenue generating programs to rural  America? Anyone familiar with the co-op business model should be able to quickly understand the concept of working with a whole community to share the cost of launching new businesses together.

 Anyone with a marketing background or public speaking experience should be able to read through the standard crowdfunding educational training program and with a little practice could teach millions of Americans how to launch successful crowdfunding campaigns to raise money to start new businesses.

To get a sense of the void of crowdfunding training classes available throughout the United States, please click on the state links below to see how many states have only one or zero crowdfunding training programs:

United States Crowdfunding Training Programs:

 

American Territories:

Crowdfunding Mergers Continue; CoFoundersLab and RockThePost Join Forces to Form New Equity Crowd-funding Site in the United States

16 Jul

New Equity Crowdfunding Platform, Onevest, Creates One-Stop Shop for Investors Seeking Startups in the United States

By Robert Hoskins

New York, NY – From early stage venture capital firms to family offices, high-net-worth individuals and non-accredited individuals, investors will find Onevest the perfect place to get a first look at the world’s most dynamic startups. Onevest has a diversified network of over 35,000 startup founders and over 15,000 investors. Onevest’s partner network, ranging from Techstars and Founder Institute to leading universities such as HarvardCornell and the University of Michigan, will continue to expand the investor base and deal flow.

New Equity Crowdfunding Platform, OneVest, Creates One-Stop Shop for Investors Seeking Startups in the United States

New Equity Crowdfunding Platform, OneVest, Creates One-Stop Shop for Investors Seeking Startups

OneVest was formed  to provide Investors seeking early stage startups with a one-stop online shop to simplify their search and due diligence process. RockThePost brought the online investing platform to the table, which connected startups with accredited investors, while CoFoundersLab was offering investors and small businesses an in-person matchmaking network that scientifically builds startup teams.  The two business were a perfect match and should streamline the entire equity fundraising process and will have offices in New YorkWashington, D.C., and San Francisco.

The upcoming implementation of Title III of the JOBS Act means over 250 million American investors will have access to equity crowdfunding platforms, as opposed to the 8 million using them today. As the investor pool grows, Onevest will make it easier to connect with qualified startups.

RockThePost was founded in 2010 by Alejandro Cremades and Tanya Prive, who will be CEO and COO of Onevest; Drew Butler will be CTO. TIME named RockThePost one of the world’s best crowdfunding platforms, Forbes dubbed it a top digital tool for entrepreneurs and Business Insider spotlighted it as a hot startup.

CoFoundersLab’s team-building platform uses proprietary tools to match entrepreneurs with core founding team members with complementary skills and compatible goals and values. The site makes over 5,000 introductions monthly and has over 35,000 founder members worldwide, with a strong presence in over 35 U.S. markets. CoFoundersLab was founded in 2011 by CEO Shahab Kavianiwho will be Onevest’s CMO. Erick Brimen, CoFoundersLab’s COO & VP of Finance serve as Onevest’s CFO.

Onevest captures companies at the formation stage, capturing the best deal flow before the transactional stage, and reduces investment risks arising from founder issues, since members are scientifically matched to create startup teams. “Knowing the teams intimately will be a key driver for investor confidence, setting Onevest apart from other platforms,” Cremades stated.

Onevest’s combined value was not disclosed. Investors from RockThePost and CoFoundersLab will join Onevest as shareholders. This includes investor affiliations from SOL Ventures, Militello Capital, Fortify Ventures, Maryland Venture Fund, Talent Equity Ventures, and members of Robin Hood Ventures and Mid-Atlantic Angel Group. Onevest has raised $3.3 million to date.

# # #

 

 

Equity Crowdfunding Surges in Israel; OurCrowd Raises $60M for 46 Different Startups

15 Jul

Producing a better track record than Silicon Valley, twenty of these companies have already raised more than $1 million each in investments

 By Robert Hoskins

Jerusalem, Israel – OurCrowd announced has successfully raised $60 million in the aggregate to date over its platform for its 46 portfolio companies. Twenty of these companies have already raised more than $1 million each in investments, and four companies have raised over $3 million through the OurCrowd platform.

OurCrowd Equity Crowdfunding in Israel

OurCrowd Equity Crowdfunding in Israel

OurCrowd CEO Jon Medved stated, “We are proud to have raised these amounts in just 16 months since launching. These numbers demonstrate that our model works and can be effectively used for major funding rounds. The fact that OurCrowd has deployed more money for our companies than our Silicon Valley competitors proves that we are indeed at the forefront of equity crowdfunding innovation.”

Larry Jasinski, CEO of OurCrowd’s portfolio company ReWalk Robotics, which recently filed for its IPO, said, “OurCrowd did their diligence thoroughly, effectively and quickly which was appreciated and valuable for an operating company. Their team has a combination of deep experience, meaningful skills and enthusiasm for their mission. They also have provided key contacts in the US and in new areas for us such as Australia.”

OurCrowd, and its team of experienced investment professionals, provides a new and innovative way to invest in Israeli and global early-stage companies. The company has emerged as a leader in the increasingly competitive equity crowdfunding space. Earlier this year, OurCrowd announced the closing of a $25 million Series B funding round. OurCrowd continues to grow its investor base and team.

OurCrowd is a hybrid VC-equity crowdfunding platform for accredited investors who wish to invest in Israeli and global early stage companies. Managed by a team of well-known investment professionals and led by serial entrepreneur Jon Medved, OurCrowd selects opportunities, invests its own capital and brings these startups to its accredited membership. Members choose those deals they invest in via OurCrowd-managed partnerships.

OurCrowd provides post investment support to its portfolio companies, assigning industry experts as mentors and taking board seats. OurCrowd has raised over $60 million in equity crowdfunding for its 46 portfolio companies which include leading companies, such as: ReWalk, Consumer Physics (SCiO), BioCatch and Abe’s Market.

# # #

Front Page PR offers Texas Crowdfunding Sites Advertising, PR and Social Media Marketing Campaigns to Attract More Shoppers to Buy Rewards, Perks or Equity Shares

14 Jul

Crowdfunding platforms that provide a portfolio of marketing services to help crowdfunding campaign managers significantly increase their site’s ability to generate successful fundraising campaigns

By Robert Hoskins

Austin, Texas – Does your crowdfunding site need more website traffic? Front Page PR, one of the industry’s premier crowdfunding PR firms, now offers a special package of advertising, content marketing, CRM, email marketing, gamification, PR, and social media marketing programs engineered specifically to help new crowdfunding platforms increase the number of shoppers who visit their websites to shop for perks, rewards or equity shares to purchase.

Front Page PR is one of the leading Crowdfunding PR firms in United States

Front Page PR is one of the leading Crowdfunding PR firms in the United States

In addition, Front Page PR offers crowdfunding training classes and consulting services to educate crowdfunding campaign managers on how to shoot more convincing pitch videos, how to use proven words/phrases to make crowdfunding profiles more persuasive and how to offer more attractive perks/rewards with better calls-to-action to improve conversion rates. The firm’s principles are based on time tested and proven old-school rules on how to plan successful marketing campaigns.

According the Crowdfunding Press Center’s Top 100 Crowdfunding Sites list, poor marketing programs account for significant drops in website traffic falling by 60% at 97th place and 400% at 100th place. Marketing consultants can teach crowdfunding campaign managers how to implement more effective marketing programs to give these underperforming sites a much better chance for success.

“Our firm offers crowdfunding campaign managers a menu of à la carte services, pre-packaged deals and/or post-paid commission options,” said Robert Hoskins, Front Page PR’s Director of Crowdfunding Campaigns. “One of our most popular options is a $2,500 down payment, plus a 5% post-paid commission based on the total funds raised.”

Campaign managers benefit from the post-paid 5% option because it provides them a way to run a decent marketing campaign and gives them a much a better chance for success than running no marketing programs at all. Platforms benefit because running twenty marketing campaigns simultaneously can generate an extra $50,000 per month to market the crowdfunding site, which brings in new clients, shoppers and investors.  It’s a true win-win situation for everyone.

Crowdfunding platforms and crowdfunding campaign managers that need help putting together customized marketing programs should contact Robert Hoskins at (512) 627-6622 or visit www.crowdfundingPRcampaigns.com.

Front Page PR is always seeking advertising, PR, marketing social media freelancers to participate in regional, national and global integrated marketing communications programs. If you’re interested in joining Front Page PR’s team, please follow us on Facebook, Linkedin and Twitter and send us a Direct Message (DM) to @Crowdfunding_PR.

# # #