4 Measures to Provide Better Crowdfunding Fulfillment Services

Time: Apr 27,2022 Author: SFC Source: www.sendfromchina.com

1. What is Crowdfunding Fulfillment Services?

When it comes to crowdfunding, it is familiar to all. But seldom people know about crowdfunding fulfillment services. Actually, crowdfunding fulfillment services are derived from the booming of crowdfunding. As mentioned by Kickstarter, when a project is successfully funded, the creator shall complete the project and fulfill each reward to the best of their abilities. Then, in order to finish all the work that was promised and deliver rewards, the creator will generally entrust a third party to provide services such as inventory management, picking, packing, and shipping of a product that was funded online. Since the services are all work for crowdfunding fulfillment, so they are collectively called crowdfunding fulfillment services.

2. What Challenges Faced by Crowdfunding Campaign Owners

As is shown in the research made by SFC, the global crowdfunding market was $10.2 billion in 2018 and is expected to reach $28.8 billion by the end of 2025, with a CAGR of 16% between 2018 and 2025. It is not difficult to conclude that the booming of the crowdfunding industry will bring a promising market to crowdfunding fulfillment services. However, opportunities always exist with challenges. As the surge of demand for crowdfunding fulfillment services, campaign owners are facing with more and more common challenges. The most common challenges are as following:

a. High cost: budgets for shipping, packaging, storage is high, and there are some other hidden costs.

b. Expensive duties and taxes.

c. Having difficulties in organizing backers’ shipping information.

d. Having difficulties in providing multiple packaging options that are secure and customized.

e. Having difficulties in figuring out the ways to pick-and-pack a bulk of pledges.

3. How to Provide Better Crowdfunding/Kickstarter Rewards Fulfillment & Crowdfunding/Kickstarter Shipping Fulfillment Services?

In 2018, China surpassed the United States to become the largest participant in global crowdfunding. SFC, as a large logistics services provider, took first to join in the trend and provide fast, cheap and convenient crowdfunding fulfillment services to its customers. While seizing this opportunity, SFC was aware of the above challenges and took five measures to response.

 

• Establishing powerful and user-friendly crowdfunding fulfillment platform. SFC has an in-house system which is specifically built with managing crowdfunding fulfillment in mind. Our intuitive software has a friendly interface and is easy to use. Through the platform, SFC can store and manage the inventory, batch-upload, edit and track orders online, email tracking information and monitor real-time costs and manage billing. Hence, SFC has no difficulty in organizing backer shipping information.

 

 

• Providing value-added Kickstarter fulfillment services. Value-added Kickstarter services include pick-up from factory, add protection with bubble wrap or corner protectors, provide customized brand packing, and label on each package based on backer’s information. By taking this measure, SFC has no difficulty in picking-and-packing a bulk of pledges, and providing multiple packaging options that are secure and customized.

 

 

• Optimizing global shipping from China. SFC provides DDU and DDP service, global shipping from China by EUB, special line, express delivery, proposes 200+ Custom logistic solution for cost-saving and ensures a quick clearance, and export tax rebate. In this way, the customers’ costs and taxes are saved.

 

 

• Providing expert customer support. SFC employed dedicated account managers to handle such things. Having served for 1000+ kickstarter projects, we deserve your trust.

 

4. Successful Cases

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TAGS： Crowdfunding