Do you have to pay back Indiegogo?

For InDemand campaigns, backers may request a refund from Indiegogo up to ten (10) days after the contribution was made unless the perk(s) has been “Locked” or “Shipped” by the campaign owner. Indiegogo reserves the right to terminate user accounts and remove campaigns for any abuse of this Refund Policy.

How does Indiegogo payout?

Your initial disbursement is sent within 15 business days after your campaign ends, provided your bank account information is complete and accurate. If you raise more than 1000 in your currency, Indiegogo will automatically hold 5\% of your funds for refunds and chargebacks.

Is Kickstarter better than Indiegogo?

Established to provide more opportunities to backers than Kickstarter, Indiegogo is usually perceived as a less strict and more flexible platform. It is available in over 230 countries and provides more categories (28 vs Kickstarter’s 15).

What are the rules for Indiegogo?

Indiegogo’s Role

• We do not endorse any User Content.
• We may remove User Content or cancel Campaigns and refund Contributions in Our discretion.
• We may require you to provide information about your Campaign before disbursing funds.
• We do not guarantee Perks or Refunds.
• We do not provide tax or legal advice to Users.

Can you buy things on Indiegogo?

Technically, you don’t buy things from Indiegogo. That’s why it’s different from other sites, in that the products you back don’t actually exist yet, at least not outside of a workable prototype.

Does Indiegogo work in Nigeria?

www.startit.ng | Indiegogo. www.startit.ng will be an online platform to enable crowd-funding of social and creative projects localized in Nigeria.

Can you buy things from Indiegogo?

Indiegogo. Want It: Buy and Sell Locally, Securely. Want It: Buy and Sell Locally, Securely.

Can you buy from Indiegogo?

How do you qualify for Indiegogo?

Your Written Pitch

1. Put the most important information first.
2. Tell a compelling story, and keep it short.
3. Explain exactly why you are raising money.
4. Share details about yourself, your team, and important events or people that shaped your project.
5. Build trust with a specific budget breakdown.

What percentage does Indiegogo take?

Obviously, to remain in operation, Indiegogo needs to make some money. Indiegogo takes 9 percent of the money you raise but returns 5 percent if you reach your goal. So if you’re successful, you only have to give up 4 percent as an Indiegogo campaigner.

How to start crowdfunding?

Share your story. Let your potential funders know how your product or business idea can benefit them.

Offer great rewards. People will back your project if they think it’s worthwhile,but it’s always good to have great perks for your pledgers,too.

Set a funding goal. If you’re launching your campaign on Kickstarter,be aware that it has an all-or-nothing funding model.

Promote your campaign. There are many different ways to make people aware of your crowdfunding campaign. Use social media to spread the message.

Update your backers as your project progresses. You need to keep your project backers in the loop as you move forward with your campaign.

Fulfill your promise. Your crowdfunding campaign isn’t over if and when you reach your funding goals. It’s over when you’ve fulfilled your promises.

Find a viable means to monetize your pain point. Fundamentally,the purpose of creating a new product is to solve a problem and alleviate a pain point.

Find a manufacturer you can work with. When you begin your campaign,your investors are going to want to know when they can expect to receive the product you’ve

Make changes based on feedback. One of the most important things you can do before you try to crowdfund your product is make sure you’ve taken the time to

Is Indiegogo legit?

Indiegogo makes money off of scams campaigns as well as legit campaigns because they take the 5\% cut from all donations. So in theory, the more scams they allow, the more money they take in. Thereby biting the hand that feeds you. Accepts all projects without review.

What are the best crowdfunding sites?

Indiegogo. Indiegogo is essentially Kickstarter’s direct competitor,and as such,its feature-set and scope is more or less exactly the same.

Fundly. Fundly is the best site for fundraising when it comes to charities,non-profits,schools,teams and more–while still being a good choice for individuals too.

Patreon.

Smallknot.

RocketHub.

GoFundMe.

Fundable.