Top 7 Low Cost Startup Ideas for 2021

The upcoming year of 2021 came up with lots of new startup ideas and hopes. But whatever you have thought about as your start-up idea would either take a long time or would cost a lot or both. But here is the list of top 10 low-cost startup ideas for 2021 you should think about once.

Crowdfunding Website

Crowdfunding is not a new idea and has been done even before the birth of the internet but offline for various purposes and ways. The first crowdfunding website was started in 2001 and In 2012, there were over 500 crowdfunding platforms online. The crowdfunding market has shown a surprising trend with US$34.4bn only in 2015.

1. Reward Crowdfunding

Rewards crowdfunding is one of the popular crowdfunding types with giants like Kickstarter & Indiegogo and a growing crowdfunding market with more than US$2.5bn in 2015, popular for creative product ideas where startup companies urge supporters to fund goals amounts and in turn, they don’t need to pay back or offer a share in the company but offers acknowledgements, regular news updates, gifts or early bird products.

There are loads of reward crowdfunding websites out there on the internet but the newer trend is to go for only specific niche reward crowdfunding websites like Technology, Games, Product Design, Sports & Space Research.
Know More Demo Contact Us

2. Equity & Debt Crowdfunding

Equity crowdfunding is where people invest in an opportunity in exchange for equity whereas in debt crowdfunding people seek lucrative interest for their invested principal amount. Equity Crowdfunding has shown impressive growth with US$2.56bn in 2015.

This crowdfunding type is mostly business crowdfunding and helps low-cost startup ideas, small business sells their equity through private equity. Equity crowdfunding with various niche markets is at its peak nowadays like Travel, Oil & Gas, Renewable Energy and Travel. If you are a financial institute, bank, venture capital, or capital investor or working as an agent/broker in this sector this is the crowdfunding platform for you and our equity crowdfunding software is the perfect solution for that.
Know More Demo Contact Us

3. Real Estate Crowdfunding

Real estate crowdfunding is the same as equity crowdfunding but is dedicated to real estate industry projects where real estate developers are the ones who seek investments for their real estate projects. If you are from the real estate market you should start a real estate crowdfunding website. Read this post on  Who can start a real estate crowdfunding website?
Know More Demo Contact Us

4. Peer to Peer Lending

Peer-to-peer lending aka P2P Lending platform was a time-hot crowdfunding type in 2015 and is one of the most popular growing with the highest peak among all crowdfunding types with US$25.1bn. This is the only crowdfunding type which has a double-figure growth rate and almost 1200% more than other crowdfunding types.

P2P lending software is a newer and online version of the process you are already aware of when you borrow money from a bank or financial institutes that lends money to individuals or businesses for a given interest rate. And again if you are a financial institute, bank, venture capital, or capital investor or working as an agent/broker in this sector which lends money to individuals and businesses our peer-to-peer lending software is your ultimate solution to help you start your peer-to-peer lending website.
Know More Demo Contact Us

[Tweet “Peer-to-Peer Lending Crowdfunding Is Growing Like Anything And Expected To Replace Banks In Terms Of Lending Business.”]

5. Crowd Sourcing

Okay, this is something different than crowdfunding where it requires several people to achieve a goal instead of a monetary goal. Crowdsourcing is the process of work getting done by the required number of people. In crowdsourcing goal of the campaign could be anything like the number of votes, number of workers, number of likes, number of shares and so on.

Crowdsourcing is widely being used in different ways like

• Non-profit organizations to source volunteers for a cause
• To gather votes, and interest from potential investors or backers on crowdfunding platforms by crowdfunding platforms
• To crowdsource innovative ideas from employees by small, mid or large-size organizations known as enterprise crowdsourcing or employee crowdsourcing.
• Idea management platform to run business incubation programs, sponsored by private companies or municipal entities and public institutions, such as colleges and universities to help create and grow young businesses by providing them with necessary support and financial and technical services.

Get a Quote

6. Crowd Selling

Crowd selling aka crowd buying aka group selling aka group buying was in boom with the start of daily deal giant Groupon. Crowd selling is a similar process as group buying(like Groupon) of selling products to large groups of customers or investors or say, supporters. Crowdselling is also being done by crowdfunding platforms where fundraisers can sell their products to large crowds in turn for their monetary support(price of product).

Our reward crowdfunding software is the perfect solution if you are looking to start crowd selling platform combined with crowd funding platform where the campaign owner can sell products, shipping, product addons/accessories & selling services like insurance, maintenance, extra warranty etc in terms of perks/rewards to their potential customers.
Get a Quote

7. Event Marketplace

The event marketplace aka Ticket brokering website trend has in booming for the last 3 years and mostly consist of allowing event promoters/organizer to host events and sell their tickets online. Marketplace earns commission/fees on each ticket sold by the event organizer.

The growth of the events industry has been impressive from the day organizing events and selling tickets online has been discovered by event industry giants like evenetbrite.com. This sector growth was $4bn at the end of 2015 and is expected to grow 3.4% in 2016 only in the USA.

Our ticketing broker software is the same solution you can use to start your event marketplace website like Eventbrite, Ticketmaster, ticketleap, picatic.
Know More Demo Contact Us