Cost of a Crowdfunding Campaign
Product Design- $3,000 to $7,500
Prototype Manufacturing- $5,000 to $10,000
Photos- $500 to $2,500
Video- $1,000 to $5,000
Expos, Trade Shows, and Person to Person- Varies
Advertising- $3,000 to $10,000
Press Release Distribution- $300+
Hiring a Marketing Consultant- Varies
Paying the Platform-
Kickstarter- Fee 5% of total funds raised. Payment Processor Fee 3% of total funds raised, plus $.20 per pledge.
Indiegogo- Fixed Funding Campaign- Fee 4% of total funds raised. Flexible Funding Campaign- Fee 4% of total funds raised if successful, 9% if unsuccessful. Payment Processor Fee (PayPal) 3-5% of total funds raised.
Rewards, Manufacturing, and Fulfillment- Varies
*What if I told you I could cut all of these upfront costs, and have a debt free campaign? Would you take a look?