Cryptocurrency Q&A How much does Indiegogo cost?

How much does Indiegogo cost?

SakuraFestival SakuraFestival Sun Sep 01 2024 | 0 answers 0
So, you're wondering about the costs associated with using Indiegogo for your crowdfunding campaign? It's a valid concern, especially when you're trying to plan out your budget and make sure you're not overspending. Indiegogo has a flexible funding model, which means you don't have to reach your funding goal to keep the money you've raised. However, there are some fees that you should be aware of. For starters, Indiegogo charges a platform fee of 5% of the funds you raise. This fee is taken out of the total amount you collect, whether you meet your funding goal or not. In addition to the platform fee, Indiegogo also offers payment processing services through a third-party payment processor. The fees for these services vary depending on the location of your backers and the method of payment they use. Typically, these fees range from 3% to 5% of the amount raised. It's important to keep in mind that these fees are in addition to any costs you may have for creating and promoting your campaign, such as video production, advertising, and rewards fulfillment. So, when you're considering the cost of using Indiegogo, be sure to factor in the platform fee, payment processing fees, and any other associated costs. With a little planning and careful budgeting, you can make the most of your crowdfunding campaign and raise the funds you need to bring your project to life. How much does Indiegogo cost?

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