Creating an app can be a daunting task, especially when it comes to funding. You pour your heart and soul into developing a new idea, only to worry about how to make it profitable. What if you could tap into the collective power of potential users to bring your vision to life? That's where crowdfunding for your app startup ideas comes in.

Why Should You Use Crowdfunding?

When thinking of crowdfunding, many assume it's solely about raising funds for their entire project. But that's not always the case. With the right platform, you can use crowdfunding to fund specific aspects of your app, such as developing new features or advertising an existing product. The main goal is to take your idea and make it better.

By putting your app on a crowdfunding platform, you'll also gain valuable insights into how interested users are in your creation. If you don't receive funding, you'll know that your app needs more work to become desirable. When the funds start rolling in, you can feel confident that you have something customers want. These platforms also allow users to provide feedback on what you've created so far. This helps you make changes and sets you off on a better path. Ultimately, this leads to building apps that generate revenue.

Key Benefits and Platforms for Crowdfunding Your App

When it comes to securing investments and minimizing the risks of failure, crowdfunding is more than just a tool for raising funds – it's a strategic instrument for growth, development, and productive collaboration.

One crucial factor to consider is the key benefits of crowdfunding. Understanding these advantages and how they align with your brand's goals and mission is vital for ensuring success. Here are the perks of using this approach:

  • It reduces financial risks by providing all the necessary resources before the development stage.
  • It builds a loyal community around your brand and product, increasing awareness among the target audience.
  • It offers various models for realization, such as Kickstarter, Indiegogo, AppStori, AppBackr, and AppsFunder.

Creating a Quality Network for Better Advertising

Through crowdfunding platforms, you'll establish a larger network of people interested in your type of product. This networking will help your name and product reach more potential customers, generating more profits.

The key to success lies in having a solid network of supporters. If you don't already have one, it's time to start building one.

Choosing the Right Crowd Funding Platform for Your App

Explore these crowd funding platforms to find the one that will work best for you and your app:

AppStori

AppStori is a funding platform exclusive to US residents, focusing on app-specific ideas for the iPhone App Store and Google Play. You set your goal for funding and decide what rewards to offer in exchange. If you don't reach your goal, you won't receive any funds. You also can't exceed your requested amount.

AppStori's qualified experts review your project, providing an honest opinion on its success potential. After approval, you'll start creating advertising for your app.

AppStori takes a 7% cut of your earnings, and Amazon takes 2-3% for credit card processing. You can post updates and read comments related to your app in AppStori's blog, allowing you to make changes based on customer feedback.

Indiegogo

Indiegogo offers a non-app specific platform, giving you the freedom to choose your funding type: flexible or fixed. Flexible funding allows you to keep funds raised by a specified date regardless of whether you've reached your goal or not. Fixed funding returns funds to supporters if you don't reach your goal.

With Indiegogo, you maintain 100% control over your app. You'll gain attention and contributions from potential funders using different rewards. They also share valuable tips and tricks to make your crowdfunding attempt successful.

AppBackr

AppBackr is an app-specific platform for iPhone's App Store and Google Play. You set your goal, decide on rewards, and offer a specific amount of funding. If you don't reach your goal, you won't receive any funds.