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Why peer to peer? Crowdfunding vs. traditional fundraising, in 4 factors.

The RaiseThon team · 5 min read

Let’s face it: fundraising is no easy task. It often feels daunting and takes real effort to keep up momentum. So if you’ve already mastered traditional fundraising, why consider something new?

How can crowdfunding be so different from what you’ve been doing until now? Follow along to discover the benefits of a peer-to-peer approach, and why it works so well.

1

Amplify your fundraising efforts

Crowdfunding helps you reach a much wider and more diverse group of donors, engaging people outside of your regular audience. When each supporter shares the campaign with their personal network, awareness grows and your audience multiplies.

2

A common goal brings people together

When donors unite around a common goal, it builds a sense of community among people who might otherwise be strangers. That shared commitment fosters loyalty and connection, and it helps your organization grow for this campaign and the next.

3

More engagement means more investment

Who else is giving? When someone sees others taking part, they’re more inclined to get involved themselves. Generosity is contagious.

4

Transparency

On a campaign page, the first thing donors see are graphics that clearly show what the organization needs, and often items that show exactly how donations will be used. Live progress keeps donors informed, with no surprises and no secrets, so they can give thoughtfully instead of blindly.

Transparency fosters trust. Trust leads to support. And support drives you closer to your goal.

At a glance.

Factor
Traditional fundraising
Peer-to-peer crowdfunding
Reach
Traditional fundraising Your existing donor list
Peer-to-peer crowdfunding Every supporter’s personal network
Community
Traditional fundraising Donors give on their own
Peer-to-peer crowdfunding A shared goal brings people together
Momentum
Traditional fundraising Hard to see who else is giving
Peer-to-peer crowdfunding Live donors and progress inspire others
Transparency
Traditional fundraising Updates after the fact
Peer-to-peer crowdfunding Needs, progress and impact on the page

Put it into practice.

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