Slide 54
Slide 54 text
Peer To Peer - Connection, Recommendation, Safety
The reason why peer to peer crowdfunding works so well:
It’s friends, family, colleagues = trust
It has inbuilt network effects,
It touches on the ultra personal,
It ticks one or two of the boxes: of friends or family, fan club, community, tribe or herd. People choose
the formation they join
The ask is for something essential (not for just something trivial)
You can compare vs the £3 cup of daily coffee or that one take away treat of £30
& importantly you will see the returns of your investment as you will likely see or hear of the update
directly
Product & Tools just help something happen seamlessly without their own agenda