Understanding Crowdfunding Targets

Crowdfunding target refers to the predefined milestone or tipping point, which you believe is ideal to culminate your fundraising attempts.

Why target setting is important

It helps people get a clear idea of what you truly want to achieve and why the money raising makes sense

When your project has a clear achievable target, it incentivises them to contribute more to help it succeed

It specifies your project which increases interaction and motivates engagement

How to set a target

How much the targeted audience can actually afford to invest?

How quickly you need to launch your product/service in the market?

What would be the total cost of product innovation?

Thank You

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