Basic Information
- Razoo is a crowdfunding website for non-profit organisations.
- Since 2006 Razoo has raised over 500$ million
Interesting Aspects:
1.Aesthetic / Design
The use of simple icons to illustrate the website and make the information more interesting is an effective method in increasing the levels of interactivity.
2. Features
3. Ability for users to set up projects.
This is an aspect of my own idea that I wanted incorporating into the product. Therefore, this is reassuring to see it be successful in a real organisation.
Considerations:
1. Some assets on the website don’t fit correctly
From this I will make sure to test the project thoroughly before submission to ensure assets are suitable for the product.
2. Razoo profits from user donations
There is no context to where the money that Razoo so a full conclusion can’t be made. Optimistically it could be assumed that it just used in order to maintain the website itself. However, I don’t necessarily agree with this to source funding for the product itself.
Taking the numbers from the website, where Razoo states its raised 500$ million since 2006. Take the lowest number stated on the website that it takes 4% from users donations to charities. We can then calculate 4% of 500$ million which is 20$ million. This is a huge profit margin for the website and the maintenance cost of a website over 11 years would not equate to that much.
Therefore, I will have to make considerations into the funding of my project itself. One idea I currently have is to have an open donation section for the app itself to ensure its running where users can donate to keep the project maintained. I feel like morally this is a better option to take when regarding non-profits.
