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Creative Crowdfunding FAQs

Q: What is Crowdfunding?

Q: What is a DoodleJam Creative Crowdfunding Campaign?

Q: When was DoodleJam founded?

Q: What if there are Launch Event participants who are not creative or artistic? Is this a problem?

Q: How many members should there be in a Campaign Team?

Q: How many participants could/should be at a Launch Event?

Q: Are there any special skills a Campaign Team will require?

Q: Is DoodleJam Not-For-Profit?

Q: Is DoodleJam a registered charity?

Q: What are the fundraising costs?

Q: What are the Crowdfunding Platform costs?

Q: What happens if I exceed my crowdfunding target?

Q: What happens if I don’t meet my crowdfunding target?

Q: What if funds for the ’cause’ are raised ‘outside’ the crowdfunding site? How is the money collected?

Q: What happens when the Crowdfunding Campaign is complete?

Q: Can DoodleJam facilitate the process for our Organisation?

Q:  I’ve heard that Crowdfunding involves ‘Pledges’.  How does this work?

Q:  Can I organise a ‘DoodleJam Creative Event’ without the crowdfunding component?

Q:  Can I utilise the DoodleJam crowdfunding platform and fund a campaign without the ‘Creative Event’?

Q:  How do I know how to how much to raise in my crowdfunding campaign?

Q:  Can you offer any hints and tips on how to increase the chances of a successful crowdfunding campaign?

Q:  Why do you charge an upfront cost?

Q:  Why is a videographer essential?

 

 

 

CONTACT DOODLEJAM

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Frequently Asked Questions

Q: What is Crowdfunding?

A: A method of raising money for a project or a cause by tapping into the power of your ‘crowd’, which might be family, friends, colleagues, neighbours, social contacts, professional groups, staff, clients, etc. and – in turn – their crowd too!

Q: What is a DoodleJam Crowdfunding Campaign?

A: The DoodleJam creative process has been developed and refined over the past ten years and is built on practical fundraising experience and valuable Client feedback. We use a three step process; Plan – Launch – Leverage.  CLICK HERE TO FIND OUT MORE.

There is an initial telephone/Skype chat to answer any questions you might have and for DoodleJam to assess your project’s compatibility with our unique creative fundraising process.

Q: When was DoodleJam founded?

A: DoodleJam was founded in 2008, and has primarily been involved with community (and corporate) events, including fundraising and team-building, since then.

Q: What if there are Launch Event participants who are not creative or artistic? Is this a problem?

A: Not at all. DoodleJam is a fun experience. As the name suggests, it is more about group communication using ‘doodles’ (drawing, sketching). No artistic talent is required; the aim to get a message across using simple, easily-recognisable signs, symbols, images, icons, etc.

Q: How many members should there be in a Campaign Team?

A: The ideal size for a Campaign Team is somewhere between 5 and 20 members. The separate ‘Creative Launch Event’ can have much higher numbers.

Q: How many participants could/should be at a Launch Event?

A: The ideal size for the Creative Launch Event is ‘as many as possible’; the bigger the crowd the better! A guide to a minimum number would be 80 participants.

Q: Are there any special skills a Campaign Team will require?

No, the Campaign is designed for any type of team. The Team will have access to an on-line campaign strategy document and helpful templates so that we can guide them through the fundraising campaign from start to finish.

Q: Is DoodleJam Not-For-Profit?

A: No. DoodleJam Pty Ltd is privately owned and run.

Q: Is DoodleJam a registered charity?

A: No. DoodleJam is not required to register as a charity, as it does not raise funds ‘for itself’, but for other causes and charities.

Q: What are the fundraising costs?

A: We have a low upfront cost for our Creative Community Crowdfunding. We provide a Campaign Starter Kit with project strategy documentation, helpful templates and a Launch Event pack containing all the materials required for the creative fundraising launch.

The only additional cost would be the use of a professional videographer for the DoodleJam workshop in order to maximise the impact of the Crowdfunding website ‘pitch’.  Our preferred supplier is able to shoot and edit within 48 hours.  Quote available upon request.

The Crowdfunding platform fees are available upon request, and are taken as a percentage of the total amount raised.  A further 2.5% is taken from the final amount raised to cover the cost of transaction fees.

Q: What are the Crowdfunding Platform costs?

A:  DoodleJam deducts 5.5% of the pledged amount, plus transaction fees/service charges (approx 2.5%), which is in line with the majority of crowdfunding platforms.

Q: What happens if I exceed my crowdfunding target?

A: Crowdfunding campaigns are often oversubscribed, and this isn’t a problem! All of the funds will be donated to your designated cause, minus the DoodleJam fees, transaction costs and videographer cos.t

Q: What happens if I don’t meet my crowdfunding target?

A: Sometimes it is difficult to find the balance between a ‘low’ target amount and a really challenging target, and occasionally the desired goal isn’t met. There are several potential remedies for this. For example, you could extend the period of the campaign and increase the marketing activity, look at other fundraising opportunities to make up any shortfall, or call upon the lead organisation to increase their co-contribution.

Q: What if funds for the ’cause’ are raised ‘outside’ the crowdfunding site? How is the money collected?

A: For transparency, security, accounting and administration purposes, all monies related to the ’cause’ should be channelled through the crowdfunding platform. This gives ‘live’ visibility of the overall project funding progress to your audience.

Q: What happens when the Crowdfunding Campaign is complete?

A: The status of the Campaign is shown ‘completed’ on the crowdfunding platform. DoodleJam conducts a reconciliation of the funds and pays the balance direct to the ’cause’.

Q: Can DoodleJam facilitate the process for our Organisation?

A: Absolutely! There are many different approaches to this subject, so please Contact Us and we would be happy to discuss a range of options with you.

Q:  I’ve heard that Crowdfunding involves ‘Pledges’.  How does this work?

A:  Pledges are an integral part of any crowdfunding campaign.  People are able to simply donate funds to a given cause or charity, but offering some type of ‘reward’ in exchange for their donations proven to enhance the chances of a donation, and also increase the amount.  The reward doesn’t have to equal the amount pledged; in some cases it can simply be a token gesture of appreciation.  However, more meaningful rewards – with tangible value – can and do attract more substantial donations.  Your organisation, a sponsor or other benefactor may be able to provide rewards which can then be offered in exchange for donations.

Q:  Can I organise a ‘DoodleJam Creative Event’ without the crowdfunding component?

A:  Please contact with a proposal, and we will advise on an individual basis.

Q:  Can I utilise the DoodleJam crowdfunding platform and fund a campaign without the ‘Creative Event’?

A:  The creative community event is essential component of the DoodleJam process, and central to the success of the crowdfunding campaign, therefore, we are unable to offer a crowdfunding campaign in isolation.

Q:  How do I know how to how much to raise in my crowdfunding campaign?

A:  We will advise and jointly a realistic target as part of the pre-launch planning process.

Q:  Can you offer any hints and tips on how to increase the chances of a successful crowdfunding campaign?

A:  There any many factors, at each stage of the process, which can have an influence on the success of a campaign.  We will address these factors as we guide you through the process.

Q:  Why do you charge an upfront cost?

Unlike other crowdfunding platforms, we offer a more personalised service, and our process – in particular the DoodleJam creative event – tangibly contributes to the success of the campaign.  Therefore, there is a small upfront investment to cover this service.  

Q:  Why is a videographer essential?

It is important to engage with your donors/backers, and a compelling video speaks a thousand words.