How Does Kickstarter Make Money. Per recent statistics, kickstarter has pledged $5,172,409,587 ($5.17 billion) to their projects. How does kickstarter make money?
You can create a project if. It is also to be noted that they charge a separate fee for payment processing ( payment gateway charges). For example, you might pledge $50 to help someone publish a book, in return for your name being mentioned somewhere in it.
1 It Uses This Money To Turn A Profit.
Backers pledge money to projects of their choice in exchange for rewards or benefits. Gaming or tech niches raised the most money on this platform. Rewards vary from project to project, but often include a copy of what is being produced (cd, dvd, book, etc.) or an experience unique to the project.
How Does Kickstarter Make Money?
You set a money raising goal for the project. More songs on an album, additional game elements, better materials, etc. By doing this, kickstarter sorts out potential project misses.
They Also Get To Choose From A Variety Of Unique Rewards Offered By The Project Creator.
A total of $480 million was donated by three million people to 19,911 kickstarter projects in 2013. Sometimes when a project is overfunded, it lets the creator put that money back into the project to create something better for the backers and themselves. Post those links on social media platforms.
The Second Reason Is The Payment Processor’s Cut.
When this happens, however, campaigners sometimes still use the money they earned to do something. It’s been used to raise money for charities, raise money for projects and even as a way for friends and family to give some of their cash to others to help them travel the world/pay for surgery. Kickstarter partnered with stripe, an online payment processing company.
How Does Kickstarter Make Money.
The primary source of kickstarter’s income is the 5% commission that it takes from each of the funding. Consider, if a project or idea had raised it’s funding for $10,000 from 100 pledges. Art, comics, a music video, movie, food, journalism, an album, photography, a.