Ever wonder which types of projects thrive on crowdfunding platforms? Although there is no formula for a successful product, there are clear trends in the crowdfunding sphere. Here are the 5 most common types of crowdfunding projects.
5. Travel Accessories
Travel accessories thrive on crowdfunding sites, especially if the product simplifies or organizes the often hectic travel experience.
4. Household Items
It may seem like an industry that doesn’t need much innovation, but you’ll find tons of household items being crowdfunded. Towels, bed sheets, light switches, even kitchen gadgets – you can find them all on your favorite crowdfunding platform.
Looking for the latest tech gadget? New technology seems to always thrive on crowdfunding platforms. You’ll see technology products on Kickstarter and Indiegogo that you literally can’t get anywhere else.
2. Outdoor Gear
Smart watches, classic watches, fitness tracking watches – oh my! You name a watch type, and crowdfunding has it. Watch campaigns are all the rage on crowdfunding platforms and don’t show any signs of slowing down.