Friday, July 22, 2011

the fees

the continued Kickstarter analysis


so Amazon Payments is the vehicle for payment of donations in Kickstarter. the system charges a percentage to be the bank that allows people to pay by card. these are calculated off this schedule:

For Transactions >= $10:
2.9% + $0.30 for all transactions
Volume Discounts
2.5% + $.30 for all transactions for monthly payment volume from $3k-$10k
2.2% + $.30 for all transactions for monthly payment volume from $10k - $100k
1.9% + $.30 for all transactions for monthly payment volume over $100k
For Transactions < $10:
5.0% + $0.05 for all transactionss


plus Kickstarter applies 5% to the successful campaign. so in the wash we cleared $1813 from $2,078.66 or approximately 88% of the donations. you should definitely take this into account when setting up the goal of your campaign. We should have shot for $2250 or $2500 if 2k was a firm goal.

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