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The maximum campaign length with Indiegogo is 60 days. With the latter, you won’t be left empty-handed if your campaign fails to reach its funding goal. Indiegogo also gives you the choice of whether you want your campaign to be all-or-nothing or keep-whatever-you-raise in its structure. Indiegogo doesn’t prescreen the campaigners who sign up to crowdfund, making it a less exclusive platform for creatives. This service is called Indiegogo InDemand, and you can use it if you’ve already run a successful crowdfunding campaign with any platform - not just Indiegogo. Unlike Kickstarter, however, Indiegogo gives you the option of launching a Patreon-like continuous crowdfunding campaign after succeeding with your initial campaign. Like Kickstarter, Indiegogo crowdfunding campaigns are not continuous and have concrete start dates and end dates.
Indiegogo is another crowdfunding alternative to consider, and while it has a lot in common with Kickstarter, there are some key differences.
Funding is all-or-nothing or keep-what-you-raise (your choice). Payment processing fees are similar between the two platforms as well.īest for a Patreon-style ongoing campaign option. Launching a Kickstarter campaign requires a certain degree of confidence in your ultimate success.Īt 5%, Kickstarter’s platform fees are equal to those of Patreon’s lowest-tier subscription level. If you don’t raise your goal amount within the time frame you specify (anywhere from one to 60 days), you get nothing. One thing to keep in mind about Kickstarter campaigns is that the funding is all-or-nothing. But with over $6 billion pledged to Kickstarter campaigns - and over 209K successfully-funded projects - Kickstarter’s track record is nothing to sneeze at. It’s a more exclusive platform than most of its rewards crowdfunding peers, which is a factor to consider if you’re a small-time creator. Kickstarter vets crowdfunders fairly strenuously, so not everyone gets in. You can always launch a new Kickstarter campaign after your old one runs its course. However, if you’re a creator whose focus is on putting out, say, a few major works per year - as opposed to a continuous stream of content - Kickstarter may work for you. You probably already know that Kickstarter crowdfunding campaigns do not operate on Patreon’s recurring subscription-like model. A Kickstarter campaign must offer physical rewards to backers. Kickstarter prescreens campaigns before approving them. All-or-nothing funding (if your campaign doesn’t hit its fundraising target, you get nothing). Crowdfunding for one-time creative endeavors, not continuous funding. It all depends on the level of support you get from your followers. However, if you pull in just a few hundred bucks a month or less, Podia is not a more cost-effective crowdfunding service than Patreon. If you can draw a significant monthly income from selling access to your work, you’ll be paying less in fees with Podia than with Patreon. You’ll have to pay $79 per month for the membership package and $39/month if you just want to sell online courses/digital downloads and use Podia’s email marketing services. Instead, you pay a flat monthly fee to use the service. The main selling point is this: Podia charges no fees on the donations your contributors make. In fact, the company put up a page on its site devoted to showcasing itself as a superior Patreon alternative. Podia is keen to invite comparisons between itself and Patreon. As of late 2017, the company began offering a Patreon-like membership service to those seeking to offer paid memberships, which provide continuous access to the creator’s content. Podia - formerly known as Coach - has long offered the ability to sell online courses and digital downloads as standalone purchases. Using Podia to sell online courses and digital downloads cost the campaigner $39/month. Using Podia to sell paid memberships costs the campaigner $79/month. No fees are taken from what you earn beyond payment processing fees. Through Podia you can sell access to your work on an ongoing basis like Patreon. Credit Card Processing Fees Infographicīest for selling subscriptions Patreon-style or selling online courses and digital downloads. BigCommerce VS Shopify Comparison: Which Is Better For Your Business?. Advanced Guide to Growing Your Online Store. Beginner's Guide to Starting an Online Store. PATREON BATTLEBIT SOFTWARE
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