How much of a cut does Kickstarter take?

5%
If your project is successfully funded, the following fees will be collected from your funding total: Kickstarter’s 5% fee, and payment processing fees (between 3% and 5%). If funding isn’t successful, there are no fees.

Can you sell food on Kickstarter?

We welcome and support projects from a variety of categories: Art, Comics, Crafts, Dance, Design, Fashion, Film & Video, Food, Games, Journalism, Music, Photography, Publishing, Technology, and Theater. Here are five rules every Kickstarter project must follow.

What happens to the money if a Kickstarter fails?

If a Kickstarter project fails, no money is collected from the backers. Their credit cards are not charged unless the project is 100% funded. If you mean what happens if your reward isn’t delivered, you have recourse available through introducing a civil court case.

Can Kickstarter run away with money?

Yes, it is quite possible for a scammer to succesfully reach their funding goal on Kickstarter and then not use the money as promised to make whatever it is they raised money for. That is why you should practice due dilligence as a backer.

Does Kickstarter take a cut of shipping?

Crowdfunding platforms often take 5% of shipping costs (plus another 3% for credit card processing fees) when those costs are set within the platform. But when you charge for shipping through another service after your campaign is finished, you may be able to avoid those fees.

Do you have to pay back Kickstarter money?

Funding on Kickstarter is all-or-nothing. If the project falls short of its funding goal, no one is charged. Project creators keep 100% ownership of their work. And Kickstarter cannot be used to offer financial returns or equity, or to solicit loans.

Is Kickstarter still popular?

In 2019 and beyond, Kickstarter will continue to be the #1 platform in the world for independent creators looking to fund and launch creative projects. Personally running 14 successful Kickstarter campaigns that have raised over $390,000.00 with the support of more than 8,000 backers.

How much does Kickstarter charge creators for their projects?

If a project is successfully funded, Kickstarter collects a 5% fee from the funds collected for creators. Stripe, our payments processor, will also collect a payment processing fee (roughly 3-5%). The complete fee breakdowns are available here.

What is the processing fee for kickkickstarter?

Kickstarter partnered with Stripe, an online payment processing company. Stripe charges a 3-5% processing fee. Customers can pay with debit or credit cards when using Stripe, but not with PayPal. After this processing fee, your $95 has now become $90.

How long does a Kickstarter campaign last?

Consider some of the following tips. Kickstarter suggests that fundraising campaigns last for 30 days. However, you can change this to meet your fundraising goals more appropriately. Your campaign can last merely a day, or it can last up to two months.

What is the difference between Indiegogo and Kickstarter?

Whereas Kickstarter only involves creative projects, and Indiegogo involves tech projects, you can fundraise for practically anything with GoFundMe. The company can provide you with access to more than 50 million donors. Although there is a transaction fee for credit and debit card transactions, GoFundMe does not charge a processing fee.

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