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WHAT IS KICKSTARTER?

Kickstarter is a crowd-funding website that allows anyone to raise funds for their creative project.

The service is perfect for musicians who are looking to raise funds to record a new album, launch a tour, record a live DVD, or any other creative project.

In return for making a ‘pledge’ (contribution) towards your project and funding goal fans are they are given rewards. The more they pledge, the better the reward.

To begin, project creators submit an application with some basic information including a description of your project and funding goal. Once submitted a Kickstarter member will contact you and let you know whether your project was accepted and you are good to go and can begin raising funds.

Unlike similar services, with Kickstarter its all-or-nothing funding, which means that a project must be fully funded before its time expires or no money changes hands.

If a project is successfully funded, Kickstarter will apply a 5% fee to the funds raised. If funding isn’t successful, there are no charges.

PRICE: Free

PROS:

  • Heavy Traffic - One of the largest crowd-funding website with hundreds of thousands of visitors
  • Free To Post A Project
  • Raise funds quickly
  • Retain 100% ownership your project

cons:

  • 5% Fee - Kickstarter takes 5% of the funds raised on fully funded projects
  • Credit Card processing fees - 3-5% credit card processing fee on successful projects
  • Must apply and be accepted to post a project
  • All or nothing - if you don't meet your funding goal you keep nothing

examples

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