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“We reached our $15,000 goal in 3 days, and once you launch a project you can’t cap it. You can only keep it or cancel it. It became a little overwhelming.” Is
by lusr 14y ago
“We reached our $15,000 goal in 3 days, and once you launch a project you can’t cap it. You can only keep it or cancel it. It became a little overwhelming.”
Is there a conflict of interest at work here?
For projects delivering physical goods, the more backers there are the more revenue Kickstarter generates, but the greater the risk of the project not meeting its targets (or goals).
While more orders may mean production discounts and economies of scale, it also means more administrative, support, and other overhead costs that were not factored into the original financial plan.
- jivatmanx 14y agoYou can easily create limits on the # of people you allow on each reward tier. You can also add extra tiers that are identical except for a later delivery date. Kickstarter should consider making use of # limits mandatory for non-media projects (art, software, film music), or at least more strongly encourage their use.
- savrajsingh 14y agoYes, and you can even add limits to existing reward tiers while the kickstarter is running, so you don't need to know things in advance.