KarmaKrowd Delivers Four Phase Crowdfunding Consulting Process to Help Crowdfunders

Online, May 15, 2014 (Newswire.com) - KarmaKrowd, a leading rewards-based crowdfunding site, announced that it will be providing a full suite of crowdfunding consulting services for its fundraising campaign managers who are seeking a professional team of experts to help them plan successful crowdfunding campaigns. And campaign managers will work their way through a four-phase process to perfect their campaigns.

"Using a completely different strategy from other Crowdfunding platforms such as Kickstarter or Indiegogo, KarmaKrowd takes a robust approach to every campaign that launches on our site," said Cindy Summerfield, KarmaKrowd's CEO. "We start by offering the best legal services possible to pursue an in-depth Intellectual Property (IP) protection strategy. Once their IP is buttoned up, KarmaKrowd helps clients engage in a four-step campaign building process and provides a directory of professional manufacturing, distribution and fulfillment consultants who can help campaign managers build a streamlined business model."

"Once campaign managers have a good business plan and crowdfunding profile in place, we allow them to Beta test it on our internal database of KarmaKrowd users to gather instant feedback from insiders. This interactive process allows all users to learn from each other and build a best practice consulting service from both paid Alpha and Pro Bono Beta professionals," Summerfield continued.

KarmaKrowd's four-step crowdfunding process includes:

1. The Idea Phase is the first step which assesses the potential patentability of the client's idea and whether or not the branding infringes on any existing trademarks that have been filed with the United States Patent and Trademark Office (USPTO).

2. The Alpha Phase is the second step when a product/service idea is transformed into the beginning stage of a crowdfunding campaign. During this phase campaign managers have the option to browse through KarmaKrowd's directory of business consultants to build a team of experts who can provide direction on how to shoot a great pitch video, how to write a persuasive crowdfunding profile and offer rewards/perks that offer the right calls-to-action to entice backers to support their campaign.

In order to avoid a growing trend in crowdfunding campaigns of meeting funding goals, but failing to deliver the goods, Alpha Team consultants can help to ensure that campaign managers have a thorough understanding of their cost of goods as well as assist in the building of business plans, signing up a manufacturer, building distribution and fulfillment channels and planning integrated digital, multi-channel marketing campaigns.

3. The Beta Phase is the third step once campaign managers think they are ready to launch their campaign live they move their campaign into the Beta Phase. This removes the veil of secrecy so that users can provide private comments and instant feedback to campaign managers to help them make last minute adjustments.

4. KrowdReady™ Phase is the final step when campaign managers signal they are ready to launch their campaign. The KarmaKrowd staff will help the campaign manager put on the finishing touches.

KarmaKrowd Business Services Directory
KarmaKrowd encourages advertising, business, competitive analysis, distribution, email marketing, film production, financial, fulfillment, manufacturing, manufacturer reps, public relations, and social media consultants to sign up for a free KarmaKrowd Business Listing. Once vetted and approved Alpha Team consultants will be able to offer their expert, value-added crowdfunding business consulting services for a fee to campaign managers.