NEW ORLEANS, LA, May 02, 2015 /24-7PressRelease/ -- Crowdfunding is a great way for entrepreneurs to fund their project or business venture by raising small amounts of money from a large number of people. This is typically done via the internet explains Olympus Marketing Inc. This is the opposite to normal funding where entrepreneurs ask a small number of investors for large sums of money. Finding willing investors is traditionally very hard for entrepreneurs and sometimes leads to them giving up on their great idea before they have even started. Whereas, crowdfunding has proven to be very successful for entrepreneurs and generates a lot of support for their business ideas.
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This approach has helped a number of entrepreneurs get their ideas of the ground says Olympus Marketing Inc. Olympus Marketing Inc. believes crowdfunding is so successful for businesses because it gives the business an instant customer base before they have even launched - those who invest their money are likely to be potential customers who plan on actually using the service once it is launched. As well as this, Olympus Marketing Inc. believes that customers are more loyal when they have had a part in the brand's development, because the customers then feel rewarded by the business' success - which they made happen.
The firm says that repeat crowdfunding can prove to be even more beneficial for entrepreneurs. Olympus Marketing Inc. points out that once an entrepreneur builds a strong rapport with crowd-funders they nearly double their chances of success with further projects. In fact, new data shows that 73% of those who had a successful project under their belts reached their next funding goal. Additionally, those with five projects have a 91% likelihood of reaching their next funding goal.
Olympus Marketing Inc. is an outsourced sales and direct marketing firm based in New Orleans. The firm helps to support businesses in a range of industries and a range of sizes to help grow their brands and increase brand awareness. To do this, the firm connects with consumers on a face-to-face basis as this offers a personalized customer experience and often leads to long-lasting relationships between brand and consumer. This one-to-one connection leads to increased customer acquisition, brand awareness and brand loyalty for their clients.
Olympus Marketing Inc. believe the key to business success lies in creating a positive customer experience and have spent years within the industry to develop strategies that boost customer loyalty and increase customer satisfaction.
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