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Finance 12 Online
MLYS2:

Do you think social media is an effective method of raising money for worthwhile projects? Why or why not?

Hero:

Go to Kickstarter, find some funded projects and talk about all those who were able to successfully campaign their projects through social media.

MLYS2:

Can you give me a brief explanation I would appreciate it

Hero:

You've never heard of Kickstarter? Just go there and you'll understand. http:www.kickstarter.com

Hero:

https://www.kickstarter.com

MLYS2:

Its for an assignment

Hero:

Yes I know and Kickstarter is an example of how to use social media as an effective method of raising money.

Hero:

There are other similar ones like indiegogo and go fund me

JSVSL7:

Depends on the project in context and the audience. Let's say you are promoting an item that leads to cultural controversy, ie a cultural appropriation. Once it reaches the mass, your product is done for. Now your project must also make it to the mass, in terms of attractiveness. Aside from antiques if you are presenting an idea that is about, gene therapy over clothing of the 1960's, genome therapy will hit immediately

Hero:

It would be better if you come up with your own ideas

Hero:

Which is why I suggested Kickstarter. You could have went there and did your own research concerning what is attractive, what audience would be most receptive to which projects etc.

MLYS2:

ok

MLYS2:

thanks

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