Pozible is an Australian based web based crowdfunding platform which is a simple but effective online tool for raising funds, generally for new startups but also for other purposes as well and the main aim is to raise sufficient amounts from many different individuals from all over the world. Crowdfunding has tremendously revolutionized the industry by bringing new companies to the limelight and has enabled many new businesses to flourish in their respective niches. The idea behind crowdsourcing is very simple. An investor or a company will approach a group of volunteers who have a common interest between the starting company and the goal it wishes to achieve. A portion of the profits from the business will be shared among all the investors, thus paving the way for more investment in the company. This helps the company progress in all areas without any financial investment from the owner.
Pozible has become one of the most popular platforms for crowdfunding. It has been recently estimated that it has raised close to $40 million from just over four hundred contributors. However, this was made possible by the project creators themselves. They have ensured that the process of Pozible fundraising is not only easy but also fun for the project creators. The Pozible website states that this is one of the easiest ways to earn money on the Internet. As per the site, the platform allows anyone to start a fundraiser within twenty minutes, while they can keep track of how the campaign is progressing via the weekly progress reports.
If you wish to use a fundraising campaign on the Internet to help you start a new business or if you simply want to use it as a way to supplement your income then Pozible is a great option. You can find campaigns that are associated to different kinds of products, books, software, e-books and even political initiatives. You can even have your own Pozible account and follow the crowd to help you raise funds for specific projects or for a cause that you believe in.
The Pozible platform allows project creators to offer rewards to their contributors in the form of either cash or gift cards. The team at Pozible has worked very hard to ensure that this feature is easy to use and offers a high level of flexibility for its users. For instance, if the campaign requires some form of processing, then all that you need to do is add the Pozible payment processor to your online shopping cart, thus making the entire transaction process very simple and easy to manage.
One of the most important things that the Pozible developers have focus on is making sure that the rewards they are offering to their users are both effective and efficient. Since Pozible works as a subscription based service then there will be recurring payments that a user receives from his or her subscription. In this way the campaign creator doesn’t have to spend additional resources on advertising campaigns or on other types of marketing activities. The money that the Pozible platform earns by letting users pay through subscriptions is placed in an escrow account until it can be used for the purpose of paying out rewards to contributors. Once the funds are in the escrow account, Pozible users can then access their funds and use them for the reason that they choose.
There are several ways that you can earn funds through your Pozible campaign. You may choose to use the equity-based crowdfunding model which is ideal for small projects, like educational or nonprofit projects. With equity based crowdfunding, you will receive payments based on the number of people who have bought a $1 investment from you. This payment method is good if you are not generating any revenue from your campaign.
The debt based Pozible campaign is also a great way to let your supporters feel like you are in direct communication with them. Debt based fundraising allows you to ask your supporters to invest a certain amount of money into a monthly subscription. The monthly subscription fee will serve as your payment for receiving updates on your campaign, and Pozible creators only ask for their fees when their supporters actually make a purchase of products or services through your campaign. So if you really want your Pozible supporters to buy your products, this would be a good way to do so.
However, the debt based Pozible model may not be the right choice for you if you need to generate a significant amount of cash. Because Pozible works on a basis of dues, your potential patrons must regularly make a monetary contribution in order to keep the funds coming in. This means that if you have a large number of supporters, you may only receive enough money to pay for your operating expenses. This makes it difficult to keep Pozible campaigns from running completely dry.
