HOW IT WORKS
CrowdBazaar helps entrepreneurs innovate and influence the world by helping them raise funds and getting a customer base. For Investors it's a holy place to find the most innovative startups and invest & indulged with them through us.
Watch this crazy campaigns reach their goals.
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Frequently Asked Questions
Look at all these answers we have gathered to answer the most general questions.
STARTING A CAMPAIGN
You have been facing a difficulty to get your product off the ground even though it’s great. Crowdfunding allows people to see what you have been building so far and give you more validation and even potential customers!
1. Click 'Start A Campaign' button.
2. Fill up the campaign form with required details and media that tells a story to your potential customers.
3. Select rewards you want to offer when someone backs your campaign.
4. Submit your campaign - it will be live and can be viewed/edited from your dashboard once we review and approve it.
You can choose either Fixed or Floating type of funding.
Fixed implies a minimum (or maximum) target that you aim to achieve through the campaign, so its an all-or-nothing model.
Floating implies you are happy with as much funding you receive and you are still willing to ship your orders even if you don't achieve your campaign goal. For eg. only 20% of your overall target is met.
You can think of rewards like pre-orders except you can offer much more than just your product/service.
You can choose to have any number of rewards in your campaigns but we recommend having at least 2 and at most 6 to have options for different segments of potential customers but still make it easy to choose.
The more rewards and perks you offer and better the value it presents, the more chances you have to achieve your campaign goal.
1 year customer support
Share it with as many people as you can to find supporters. The more you spread awareness, the better it is. You can use your own digital marketers or use our expansive network to help you get a greater outreach. Our team will also try to promote it with as much resources it has to help you reach your goal.
Use our excellent logistics and shipment partners who will deliver your products to your customer’s doorstep when it’s ready to be shipped.
In other words, it means when your product is ready your order is fulfilled and delivered on time with zero hassle.
BACKING A CAMPAIGN
You can click on Browse Campaigns > All Campaigns to view all the ongoing campaigns. You can find it by navigating on the top of our website.
We have divided them further into sub-categories to make it easier for you to find campaigns that makes the most sense to you.
1. 'Browse Campaigns' to find a product / service that you would like to have yourself.
2. Select Your Reward from the different rewards offered by the campaign or make a pledge of your desired amount without a reward.
3. Enter Shipping Details including the address where you want your orders to be shipped.
4. Pay using the method of your choosing. We offer all international and domestic payment options including paypal, credit cards, debit cards or your favorite payment wallet.
After placing the order, just sit back and relax - your product will be shipped when orders are ready to roll out!
The Crowdbazaar team does a fair amount of due diligence on the companies before listing them. We sign an agreement with each company making them liable to refund the amount to backers if they are unable to deliver at any point of time. However, there is no 100% guarantee for that. Crowdbazaar will also not disburse all the funds to companies until certain conditions are met (this the team will decide on a case-by-case basis) to ensure that backers actually receive their rewards.
Not directly on the website. But we have an offline network of many startups looking for funding. If we see a good match, we would be happy to introduce you to them.
You can check out our blog which explains the different types of crowdfunding here.
It is a different type of crowdfunding where companies sell equity in exchange for funds from investors. You can read more about it here.