Crowdfunding in sport - why sports clubs in particular should use this form of financing for themselves and benefit sustainably from it
What are the principles of crowdfunding?
- The "campaign principle": Your project is not just a fundraising campaign, but a (marketing) campaign for and with your association.
- The "Crowd Principle" means that a large group of different people supports and finances your project. The financing becomes increasingly democratic and you make yourself less dependent on individual major sponsors. You give everyone the opportunity to contribute to your project in any amount and become part of the mission.
- The "premium principle": FAIRPLAID is a reward-based crowdfunding scheme. It offers you the opportunity to give your supporters something in return, the rewards, for their support. For this purpose, there is a kind of "shop" on your crowdfunding page where you can place intangible and tangible rewards. The individual donation amount per person is significantly higher due to the reward. In addition, the rewards give you the opportunity to show your commitment. For example, if you post a reward in the area of environmental protection, you position your association and draw attention to the fact that you are committed to environmental protection. This has a positive impact on the image of your team and your club.
- "The all-or-nothing principle": Supporters are highly motivated by a defined term and a fixed target amount. You know it yourself: You always need a deadline to become really active. In addition, you and the supporters have a certainty of implementation. This means that the project can only be realised if the money is raised. If the project is not successful, no fees will be charged. Each individual supporter receives the money paid back, the premiums do not have to be bought and processed and you as an association do not have to justify what you do with the money collected that is not enough to realise the project.
How does crowdfunding work in sport?
Which project purposes are suitable?
Our tip: Crowdfunding with FAIRPLAID
What are the advantages of a crowdfunding campaign with FAIRPLAID?
Profit from the effects of your crowdfunding campaign in the long term
Marcel Gohlke, Project Starter, SV UNION Halle-Neustadt e.V.
Give something back to your supporters
What does a crowdfunding campaign with FAIRPLAID cost?
Crowdfunding in sport "in a nutshell"
- Register easily and create a project
- Participate in the online seminar or discuss your idea directly with your project coach, calculate the target amount and plan the campaign.
- Implement the campaign and collect the required funds (a service fee is only payable if the campaign is successful, so you have no risk).