ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Indiegogo: Indiegogo Crowdfunding for Entrepreneurs

Updated on December 6, 2019

What is Crowdfunding?

Crowdfunding is a way individuals, Non-Government Organizations and Businesses raise funds. The funds are sourced from the general public or corporations. The finance is geared towards a campaign, development of a project, cause or financial growth.

Indiegogo Crowdfunding

This platform Idiegogo changes ways ideas come to life. They have raised across all project over $1Billion dollars with 11million contributors in the community. Contributors account for 650 plus projects with over 223 countries and territories as users. According to the site the most a campaign success goal exceeded 18,983%

Indiegogo Logo

indiegogo logo
indiegogo logo

How it Works for Entrepreneurs

There are two platforms to actualize your crowdfunding goals. You have the crowdfunding template and in-demand campaign

Crowdfunding-If the company has an innovative concept funds are raised through crowd funding. They start a crowd funding campaign to acquire startup capital and validate the ideal to a global network of adopters.

In-demand campaign- once you actualized the crowdfunding campaign you continue raising funds, build a community with indemand. This system guarantees no deadline limit or fundraising target. More than a crowd funding platform the entrepreneur services offers resources and services to empower entrepreneurs.

Get expert help

Get the right expert help and advice for your business though new experts directory. You will discover vetted companies to help take product to the market and launch your campaign. Experts include fields like marketing/communications, fulfilment, retail licensing. Others include creative services, prototyping and production.

Expert Advice on

  • Marketing
  • Communications
  • Fulfilment
  • Retail licensing
  • Creative services
  • Prototyping
  • Production

Things to consider

There are four important things to consider before starting a campaign, use the expert directory. Others are visit the education center then learn the benefits of the idea through indiegogo information.

  1. Start a Campaign
  2. Use Expert Directory
  3. Visit Education Center
  4. Indiegogo Information center

How Indiegogo Works

Explore Projects

The entrepreneur needs to explore all projects subheadings to know where his ideas fit. Projects are segmented into community projects, creative works, technology and Innovation.

  1. Community projects
  2. Creative works
  3. Technology and Innovation

Technology and Innovation

Technology includes foods/beverages, energy/green technology, camera gear and audio. Others are fashion/wearable, education, home and health/fitness. More include phones/accessories, productivity, travel/outdoors and transportation.

  • Foods and beverages
  • Energy and green technology
  • camera gear and audio
  • fashion and wearable
  • education
  • home
  • health and fitness
  • phones and accessories
  • productivity
  • travel and outdoors
  • transportation

Creative Works

Creative works are video games, tabletop games, podcasts, blogs and Vlogs. Other are comics, art, music, film, photography, dance and theater. You have web series/TV shows, writing and publishing. Community covers environment, human rights, wellness, local business, culture.

  • Video games
  • Tabletop games
  • Podcasts
  • Blogs
  • Vlogs
  • Comics
  • Art
  • Music
  • Film
  • Photography
  • Dance
  • Theater
  • Web series
  • TV shows
  • Writing
  • Publishing
  • Community
    • Environment
    • Human rights
    • Wellness
    • Local business
    • Culture

Fees and Prices

Campaigners are subjected to certain fees and prices. The website charges 5% platform fee on all funds raised in your campaign. The fees are not deduced from the goals you set rather on deductions on funds you raise.

There are also payment processor charges based n local currency or conversions. Fess to consider are transfer fees, transaction fees and platform fees.

Currencies

ansactions are done in US Dollars and some currencies. Other currency transactions on payment system are CAD, DKK, SEK. More include HKD, GBP, CHF, SGD, SEK, NOK, AUD.

  • US
  • CAD
  • DKK
  • SEK
  • HKD
  • GBP
  • CHF
  • SGD
  • SEK
  • NOK
  • AUD

Currency /Transaction Fee/Transfer Fee

USD (with US bank account)

2.9%*+$0.30

$0 USD

CAD

2.9%*+$0.30

$25 CAD

EUR

2.9%*+0.30€

25€

GBP

2.9%*+£0.30

£25

AUD

2.9%*+$0.30

$25 AUD

HKD

3.9%*+$2

$200 HKD

CHF

2.9%*+Fr 0.30

Fr 25 CHF

DKK

2.9%*+Kr 3

Kr 175 DKK

NOK

2.9%*+Kr 3

Kr 225 NOK

SEK

2.9%*+Kr 3

Kr 250 SEK

SGD

3.9%*+$0.30

$50 SGD

Success stories

According to the website there are lots of success stories. A Bulrest-travel pillow raised 381K, NOMATIC travel bag, 7K backers $3M while HyperDrive Thunderbolt 3 USB-C Hub by MacBook $1M+

Comments

    0 of 8192 characters used
    Post Comment
    • Eurofile profile image

      Liz Westwood 

      20 months ago from UK

      I have heard a lot about crowdfunding in the UK in recent years.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)