WonderWe vs. YouCaring
So there’s a cause near and dear to your heart or maybe an unforeseen emergency that’s brought financial distress, online fundraising or crowdfunding has become a go-to with these type of situations. But who do you go with? There’s some household names but other lesser known companies as well. Doing some research can help you make the right choice. Let’s take a closer look at two such crowdfunding companies: WonderWe and YouCaring.
YouCaring – calls itself “compassionate crowdfunding.” They claim to be the leader in free online fundraising with more than $400 million raised.
What: Their categories for crowdfunding are numerous and include some unique and specific ones such as ALS (Lou Gehrig’s Disease), breast cancer and cancer as well as medical, memorials, schools, charity, nonprofit organizations, pets, tuition, faith, adoption, neighbors, mission trips, community, groups, emergencies, family, sports, volunteers and veterans.
How: Click on “Start a free fundraiser” and create an account or sign up through Facebook. Create your fundraising campaign homepage with an easy-to-use template and share through social media and email. Donations can be transferred to a bank account as they come in.
Cost: YouCaring is free to fundraise, but donors are charged for processing at 2.9 percent plus 30 cents per transaction because of third parties such as PayPal, WePay and Stripe. Donors are given an option to make a donation to YouCaring for platform costs.
Features: YouCaring boasts real-time customer support, daily access to funds, mobile friendly, easy five-minute setup and top notch security.
WonderWe – “#1 crowdfunding for faith, family and friends.” WonderWe suggests you don’t have to fundraise alone and urges people to see the power of “we.”
What: Crowdfunding for animals and nature; arts and entertainment; community; education; faith and family; freedoms; hunger and housing; international and travel; medical and emergencies; memorials; volunteer and missions as well as pro-life efforts.
How: Click on “Start a fundraiser;” create your campaign in as little as five minutes; share through social media and email; accept donations.
Cost: WonderWe shares the same zero fee model as YouCaring and does not take a percentage of the monies raised, rather they ask the donor for a donation, which is completely optional. Standard credit card processing fees also apply.
Features: Peer-to-peer fundraising that allows supporters of a cause to start their own mini campaign to raise a percentage of the main financial goal. Multiple administrators are allowed, who have the ability to edit, promote and analyze campaign data. An option to share videos to ask for donations is also featured. And a free mobile app is available with the ability for in-app sharing.
Conclusion: Though YouCaring may be more popular on the crowdfunding front, WonderWe offers the best crowdfunding experience overall. Not only does it offer the free fundraising like YouCaring, the peer-to-peer abilities, alone, brings an opportunity to receive more donations, build a larger network of supporters and reach a large financial goal quicker and easier with more people coming together. Video ask sharing and in-app sharing make it more efficient to spread the word. And the option to enlist additional administrators brings the capability to utilize more ideas, experience and talents when multiple minds unite. When it comes to crowdfunding and ensuring a successful fundraiser, you would be wise to go with WonderWe.