Most Kickstarter campaigns have goals set at $7,500 or less, with a large number at less than $3,000 goals. The success rate of the projects with these goals is much higher than more ambitious goals. Failed campaigns tend to have much higher goals; many creators have admitted they were too greedy on their first tries.
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How many reward levels should I have?
The average number of reward levels is 9 for successful projects, and 7.5 for failed projects. Also, the average pledge level for successful projects was $350, while the average pledge level for failed projects is $460.
What are the most popular pledge award levels?
Without a doubt, the $25 pledge range is the most popular, most selected award level. This is driven by the multitude of projects that will result in a CD or DVD, where $25 is a reasonable pledge to get such a reward. $50, $100 and $10 pledge ranges are the next most popular, in that
Do projects with more expensive products/outcomes get larger pledges?
Yes, even more so than above. The project categories that get the highest average pledges are Technology, Design and Film & Video in that order. The categories that get the lowest average pledges are Comics, Publishing and Games. In fact, even within those categories, the subcategories that imply physical products, thus requiring materials, time per
Do projects with higher goals get larger pledges?
Yes, the contrast principle is alive and well. It does appear that, statistically speaking, projects with higher goals tend to get higher average pledges as well.
I’ve heard that 30 days is the best campaign length. Do higher goals need longer to succeed?
Turns out, absolutely not. 29 to 41 days is the sweet spot for all projects, regardless of the size of the goal.
Is my donation tax deductible?
In some countries, donations made to a legally registered non-profit or charity may be considered eligible for donors to claim as a tax deduction. Again, every situation is different so please consult with a tax professional in your location.
Who is responsible for fulfilling the promises of the campaign?
Ready Fund Go is not involved in the development of campaigns. It is the responsibility of the campaign creator to fulfil the promises of their campaign. Ready Fund Go reviews campaigns to ensure they do not violate our Terms and Conditions, however we do not investigate a campaign creator’s ability to complete their campaign. Instead,
Do I get updates on the campaign after 100% funds goal is achieved?
Yes you will be notified automatically as soon as the campaign is finished. The campaign creator will be in touch with you to let you know when you can expect to receive your reward.
What happens if the campaign doesn’t go ahead?
If an All or Nothing campaign does not go ahead you will not be charged for any contributions made or rewards purchased. Under a Flexible campaign the the Campaign Creator is responsible for delivering the rewards purchased or where this is not possible providing an alternative reward.
Can I cancel my contribution?
When you contribute you are committing to supporting a person’s idea or project. It will usually not be possible to cancel a commitment once it has been made.
How can I pledge?
You can simply pledge by using your bank or credit card. Payment is made by the securest payment methods offered on the ReadyFundGo site for your own protection. You cannot pay by cheque, cash or by direct deposit. Currently we offer Stripe and can accept payments in multiple currencies. See currencies on website for full
Can I contribute more money than the rewards listed?
Yes you can. Click on the ‘Support Now’ button, choose the drop down reward you wish to purchase and change the total to whatever you wish to donate. This total must be higher than the original reward.
Will I be able to find out who else is supporting the campaign?
Supporters of the campaign can choose to pledge ‘anonymously’, or to have their first name or full name displayed. The list of supporters can be viewed on the ‘supporters’ tab of the campaign page.
What is the minimum amount I can contribute?
The rewards are all listed on the campaign creator’s page for you to purchase.
Is my contribution amount publicly displayed?
No. The amount of your contribution and the reward selected are never publicly displayed — only the campaign’s creator will be able to see that information.
How do I find out more about the campaign I want to support?
Ask the creator! Visit the ‘comments’ area of their campaign page to ask them a question directly.The creator will be notified by email when you do. You can also view their project on any website or social media links they provide on their campaign page.
How do I know that the campaign creator is who they say they are?
All of our campaign creators are required to submit secure ID verification when linking their bank accounts, adding essential security to our campaigns for your assurance! You can also view the creator’s profile from the campaign page, by clicking on their name. This will take you to their profile page. Often times, creators will have
What are the benefits of supporting a campaign?
You may have the opportunity to be the first to purchase a product before general release. You can buy a new product at a special price before general release. You can support a personal campaign for friends, family or community with ease. You can donate easily to charities and local communities that you believe in
Who can support a ReadyFundGo campaign?
ReadyFundGo is a global funding platform. Anyone can support a campaign to meet its funding goal.
Do I have to pay tax on funds raised?
As everyone’s situation is different, we are unable to provide specific tax advice, so we suggest you check with the tax authority in your country of residence. If you are located in Australia, visit the Australian Taxation Office or take professional advice.
What should I do if I am having problems completing my campaign?
It’s not uncommon for things to take longer than expected. If problems or issues occur, creators should post a campaign update in their campaign feed. This will be emailed to all campaign supporters as an update. Creators who are honest and transparent will usually find that supporters are understanding and actually respect you more. It’s
Can I run more than one crowdfunding campaign?
You can but we recommend that you don’t because you will exhaust your support networks and bombard people with too much information at the same time. You will learn a lot from your first crowdfunding campaign and get maximum support from your supporters by running one campaign at a time. Best advice is to wait
Can I share my campaign on social media sites?
Yes, of course, you must give your campaign the best chance of success and Social Media is where it’s at. It’s up to the campaign creator to promote and gain support. Your campaign page will include easy-to-share social media links at the top. When the public shares your campaign, you can track shares and reward
