Written by Lomesh Shah
November 2, 2021 | 3 min. read
At first glance, peer-to-peer fundraising and crowdfunding do not seem all that different. In fact, peer-to-peer fundraising is often considered a type of crowdfunding campaign. Both rely heavily on social media and sharing with personal connections for success, although preparing for each can look quite different.
Similar to any type of fundraising event, there are planning best practices that pertain to each and are important to know. According to statistics from Fundly, campaign success increases 20% per every 100 Facebook friends that a fundraiser or supporter has. Sharing is an essential element to these campaigns, but it is not the only important consideration!
Even though they’re similar, there are a few crucial differences in how to choose between them, how to prepare for them, and how to drive them to success. We’ll be looking at these differences through five important questions: