Fundable.org - no comments
Monday the 27th of February, 2006 | Business | Marketing | Posima | Web Apps |
I found this interesting web application that helps people raise money for various things. Here’s how it works:
What I like about this and other very simple tools is the lack of restriction. The website allows you to raise money, that’s it. It can be for a charity, a concert for a small band, an indie film, selling products to a group of people… etc. I see a lot of potential for this site from a business standpoint.
Say I want to start a business selling a new local publication (a magazine). I could create a simple website with Posima explaining the mission, target demographic, content, and show example mockups of the magazine. I can discuss how much it will cost to get the magazine off the ground and ask for money from advertisers for the first x amount of issues and link to my Fundable account. I pound the pavement and make calls to businesses that might be interested and give them the address to my website that will describe more. If they are interested, they give money to Fundable. If I raise enough money from advertisers, I can get off the ground. If I don’t, the money is never charged.
I’m interested in hearing other ideas on how Posima and Fundable may be used together… any ideas?
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