In this section, we’ll dive into those business models. The biggest reason to choose one platform over the other is the kind of business model you want to use.
Patreon is not a crowdfunding platform it’s actually a membership platform. You offer to make a product and distribute it to backers, given enough money. Kickstarter and Indiegogo are both crowdfunding platforms. Funding Models: How Do You Want to Do Business?
#Kickstarter fees plus#
Campaign dashboard (includes analytics)ĥ% plus payment processing (3% + 0.30 per transaction)Īre you a creator with an existing audience? Try Patreon and offer your fans rewards in exchange for a predictable, monthly income.Public and gated posts, community feed, and messaging.One-time: all-or-nothing OR keep-what-you-raiseĢ,000,000+ active patrons 100,000+ active creatorsġ5,000,000 total backers 149,000+ funded projectsĩ,000,000+ total backers ~7,000 active campaigns at any given time To kick things off, here’s a summary of useful information about each platform: The Three Platforms at a Glance In this article, we’ll break down how each platform works, what tools they have to offer, and who can best succeed on each platform. Which one will best support your work? Which is better for recurring monthly income vs a one-time fundraiser? Which tool set makes your life the easiest? How do the payouts compare? They’re all platforms that allow you to raise money for your creative endeavors, but the business models and use cases for each differ considerably.
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