When You Wish is an innovative
crowdfunding website that makes it possible for people to raise funds for an
idea, charity, or organization from many people instead of going to a single
investor or donator. When You Wish has a versatile way of contributing to a
fundraiser. Essentially there are two ways to contribute, Pledging and
Donating. Pledging means your money will be refunded if the fundraiser does not
meet the goal it set for itself. A donation is an unconditional gift with no
strings attached. However, When You Wish gives sponsors the unique opportunity
to contribute to a fundraiser by selling their goods or services.
Since Kickstarter, a number
of startups look to offer the same service for different kinds of ventures,
from funding future sports stars to the healthcare costs of the needy. Instead
the
When You Wish platform is
open to any kind of personal or commercial project – within the law – and
suggests categories such as funding wedding costs, raising children, study or
the setting up of a small business.
When You Wish does not have
an application process to fund raise. Any one can create a fundraiser. However,
to make the most out of this platform, campaign managers must carefully plan
their fundraiser by providing a video, pictures and a detail-oriented
description alongside utilizing the reward system and efficiently promoting
their fundraiser to increase the chances of getting fully funded. Once they
have entered the details of their funding goals and any rewards donors will
receive for pledging their money, users pay five percent of their final takings
if their target is reached; they pay nothing if their project fails. Campaigns
can be easily embedded onto other sites and social networks via widgets to help
organizers promote their projects
Some further insight :
- When You Wish is not and All-or-Nothing platform. A fundraiser is allowed to withdraw whatever amount the campaign has raised.
- As per their calculations, all-in, you'll end up paying about 8% to fundraise.
- When You Wish gives sponsors the unique opportunity to contribute to a fundraiser by selling their goods or services. How does it work? A Seller can list items on a fundraiser’s page and the proceeds of the sales benefit the fundraiser. It’s an opportunity for you to contribute to a fundraiser by doing something meaningful with your talent, skill, or valuable items.
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