Asked by Lisa-Marie Cimino on Feb 18, 2024



One of the advantages of crowdfunding is that the audience does not expect you to have a good product pitch.They understand that you are in the early stages of your product or service development.


The process of raising funding for a new venture from a large audience (the “crowd”), typically through the Internet.

  • Understanding the importance of audience expectations in crowdfunding campaigns.
  • Recognizing the advantage of crowdfunding for early-stage product or service development.
  • Identifying the role of audience understanding in supporting crowdfunding initiatives.

Verified Answer

Yusuf Mohamoud

Feb 18, 2024

Final Answer :
Explanation :
Crowdfunding audiences often expect a compelling product pitch as it helps them understand the value and potential of the project, influencing their decision to support it financially.