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The GeekGirlCon Panel on Kickstarter

At the recent GeekGirlCon in Seattle, I attended a panel on Kickstarter. The panelists were Tristan J. Tarwater and Caytlin Vilbrant. Tristan has done several Kickstarters for her fantasy novel series, and Caytlin is a comic artist who has also done multiple Kickstarters.


INDIEGOGO VERSUS KICKSTARTER


The first thing the panelists discussed was the difference between Indiegogo and Kickstarter. While Indiegogo is open to international projects, for Kickstarter you must be located in the US to run a project. Internationals can back a KS project, they just can't create one. Indiegogo also does not use the "all of nothing" backing method that Kickstarter does. With Indiegogo, you get whatever funds you raise regardless of your initial goal. Indiegogo allows charity or "fund your life" projects, whereas Kickstarter only allows projects that result in a creative outcome or product. However, Indiegogo does take a larger cut of the funds raised (7% plus 3-5% Amazon charges) whereas Kickstarter only charges 5% plus the 3-5% Amazon charges. In the end, both panelists chose Kickstarter based on its lower fees and its popularity as it is currently the number one crowdfunding website in the world with approximately 6 million hits a day. Less cost and more exposure is hard to argue with.

Read the rest of the post on my website HERE. 

Comments

( 2 comments — Leave a comment )
Jack Chandelier
Oct. 8th, 2012 07:52 pm (UTC)
incorrect
indiegogo charges 4% + 3% for CC processing vs kickstarter's 5% + 3-5% for amazon payments processing.
rippatton
Oct. 8th, 2012 10:44 pm (UTC)
Re: incorrect
Oh, thanks for the correction. Just quoting the panel. Thanks for the fact check.

R.
( 2 comments — Leave a comment )