What are the risks with Kickstarter?

What are the risks with Kickstarter?

More than 75% of hardware projects on Kickstarter fail. When backers are excited to get their product, any delays will disappoint, frustrate, and possibly worse. Obviously, no one starts a crowdfunding campaign to fail or weasel people out of money.

What happens if your Kickstarter project fails?

If a Kickstarter project fails, no money is collected from the backers. Their credit cards are not charged unless the project is 100% funded. If you mean what happens if your reward isn’t delivered, you have recourse available through introducing a civil court case.

How do I boost my Kickstarter campaign?

  1. 10 Ways To Maximize Your Kickstarter Marketing Strategy. By Sarah Hunter | November 18, 2019.
  2. Do your research.
  3. Spread the news about your upcoming launch.
  4. Email existing and new contacts.
  5. Make an engaging video.
  6. Create an easy-to-read Kickstarter page.
  7. Make sure your rewards are easy to understand.
  8. Include multiple images.

Where can I market my Kickstarter campaign?

The following services and tactics can be used to promote your Kickstarter or Indiegogo project.

  • BackerClub. Getting backers that you can count on is one of the most significant concerns for any crowdfunding campaign.
  • Hyperstarter.
  • Facebook Ads.
  • CrowdReach.
  • Get listed on Gadget Flow.
  • Crowdinsight.
  • Green Inbox.
  • PR Newswire.

What months are best for Kickstarter?

Kickstarter Success Rates Based Upon Month Launched Success rates (on average) are significantly lower if you launch your campaign during the months of July or August and significantly higher if you launch your project during the months of January, February or April.

How long can you run a Kickstarter campaign?

30 days

How long does it take Kickstarter to approve?

three days