A Marketing Perspective on Crowdfunding as Promising Contemporary Digital Platform
(A2020-59312)

AUTHORS

Paulin Tchoualak, Tshwane University of Technology; Therese Roux, Tshwane University of Technology; JOHAN W DE JAGER, TSHWANE UNIVERSITY OF TECHNOLOGY

KEYWORDS

Conceptualisation; Marketing opportunities and challenges; Digital marketing

ABSTRACT

Despite the increased popularity of crowdfunding in practice it has received very little attention in marketing theory. In this article we aim to provide a deeper understanding this promising contemporary digital marketing platform. The conceptualizing of crowdfunding from a marketing perspective are presented. Potential crowdfunding marketing opportunities and challenges are critically reviewed and illustrated by a number of practical cases. Some direction for future research is proposed. This conceptual paper is the first to offer a marketing perspective on crowdfunding.