Indiegogo Fees and Services for Crowdfunding Success

Indiegogo offers a range of fees and services to help you successfully fund your project. The platform charges a 4% fee on the total amount of funds raised, in addition to a payment processing fee of 2.9% + $0.30 per transaction.

To create a successful campaign, it's essential to understand the fees involved and plan accordingly. Indiegogo's fees can be a significant factor in determining the overall cost of your project.

The platform's fees are competitive, and the flexibility to offer flexible funding options can help you reach your funding goals.

Indiegogo charges a 5% platform fee from the overall amount of funds raised, regardless of whether you're in the InDemand program or not. This fee is the same for both fixed and flexible crowdfunding campaigns.

If you've already run a campaign on a different platform and joined the Indiegogo InDemand program, your platform fee will be 8%. This is a significant increase, so make sure to factor it into your campaign planning.

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The platform fee is applied to the total amount of funds raised, not just the amount above your funding goal. This means you'll pay 5% on the entire amount, even if you only reach 50% of your goal.

Indiegogo offers two types of crowdfunding: Flexible and Fixed. With fixed crowdfunding, if you don't reach your funding goal, the campaign gets canceled and there are no fees. However, with flexible crowdfunding, you get to keep the money raised, but you'll pay a higher fee.

If you reach your funding goal with fixed crowdfunding, the fees are 5%. But if you don't reach your goal, there are no fees, and backers aren't charged. With flexible crowdfunding, the fee is still 5% if you reach your goal, but it's 9% if you don't reach your goal and keep the money raised.

Other than the platform fee, you'll also need to pay credit card processing fees, which are around 3-5% with a $0.30 per transaction payment-processing fee. This can add up quickly, so be sure to factor it into your budget.

Indiegogo will also charge you an additional $25 if you raise funds in USD without a US Bank Account. This is an important fee to be aware of, especially if you're planning to raise funds in a foreign currency.

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When you're ready to receive your funds on Indiegogo, you'll need to consider the payment processing fees. These fees amount to 2.9% + $0.30 for every pledge made by third-party credit cards.

You'll also be charged a $25 wire fee if you transfer USD to a non-US bank. This fee is a one-time charge, and it's essential to note that it's not held by Indiegogo, but rather by your bank.

To avoid any additional fees, it's recommended that you consult with your bank before entering their information for your campaign. This will help you understand any potential charges that may apply.

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Payment processing fees can add up quickly, especially if you're not aware of the charges involved. Indiegogo charges a transaction fee of 2.9% + $0.30 for every pledge made by third-party credit cards.

These fees depend on the location and currency you ran your campaign with, so it's essential to consult with your bank before entering their information for your campaign. You'll be charged a $25 wire fee if you transfer USD to a non-US bank.

Kickstarter and Indiegogo have the same fee structure, with a 5% platform fee of your total funds raised. You'll also need to pay credit card and payment processing fees, which are usually set at 3-5%.

Assuming you raise $10,000, you'll be paying at least $800 in platform fees and other charges, which is 8% of your total funding amount received.

You have two main funding options to choose from: fixed and flexible funding campaigns.

A flexible funding campaign allows you to collect whatever amount you raise, with a 5% platform fee charged on that amount, plus another 5% withheld by Indiegogo until you deliver your product.

You'll receive the funding immediately, regardless of whether you meet your goal.

With a fixed funding campaign, you only get to keep the money you raised if you meet your campaign goal, and no fees are charged if you don't reach your target.

Indiegogo recommends setting a funding period of less than 40 days, but you can set it for up to 60 days.

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Indiegogo's pricing is designed to be affordable and easy to understand.

You'll pay third-party credit card fees for USD payout, but these fees may vary.

If you're part of the InDemand program and ran your campaign on Indiegogo, your platform fee remains at 5%. However, if you ran your first campaign on another platform before joining InDemand, your platform fee is 8%.

You have two funding options: Fixed Funding and Flexible Funding. With Fixed Funding, all contributions are returned if you don't meet your goal. This option is great for projects with strict funding minimums, like manufacturing.

Flexible Funding, on the other hand, allows you to keep all contributions even if you don't meet your campaign goal. This option is perfect for projects without strict go/no-go funding minimums.

Here's a summary of the two funding options:

Indiegogo's InDemand program is another great feature that can help you extend your campaign indefinitely and keep raising money. To join InDemand, you must meet your initial campaign funding goal.

Indiegogo's fees can be a significant factor in your campaign's success.

The platform charges a 4% fee on the total amount pledged, which can be a substantial expense, especially for smaller campaigns.

To minimize these fees, consider setting a lower funding goal or using a flexible funding model.

If you're planning to raise a large amount, you might want to explore other crowdfunding options that have lower fees.

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Kickstarter and Indiegogo fees are quite similar, but it's essential to understand the costs involved. Both platforms charge a 5% platform fee of your total funds raised.

Kickstarter takes a 5% fee of all funds raised for your project, which you're required to pay when getting the funds. This fee is quite straightforward.

Kickstarter also applies a 3-5% payment-processing fee with $0.20 per pledge, which can add up quickly. For example, if you raise $100,000, you'll have to pay a total fee of $8,000, plus the extra fee of $0.20 per pledge.

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Indiegogo has the same structure as Kickstarter, with a 5% platform fee of your total funds raised. This means that both platforms charge the same fee.

Assuming you raise $10,000, you'll be paying $800 as platform fees, plus other charges. This is a significant cost to consider when planning a crowdfunding campaign.

To give you a better idea, if you raise $100,000 on Kickstarter, you'll end up with less than $92,000 after fees. This is a crucial factor to consider when setting your funding goal.

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To succeed on Kickstarter, you need to be aware of the platform costs. Kickstarter charges a 5% fee on your funds and a 3% credit card processing fee, which can eat into your earnings. For example, raising $100,000 will leave you with less than $92,000 after fees.

You'll also need to consider the extra fee of $0.20 per pledge, which can add up quickly. If you're planning a campaign, it's essential to factor these costs into your budget.

Kickstarter's fees can be a significant hurdle, but with careful planning and execution, you can still achieve success.

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