Indiegogo
3.3
32
Indiegogo is a crowdfunding platform for individuals, groups, and non-profits to raise money online for their ideas.
Strengths
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Crowdfunding
Allows individuals and businesses to raise funds for their projects or products
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Global Reach
Available in over 200 countries and territories
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Flexible Funding
Allows campaigns to keep funds raised even if they don't reach their goal
Weaknesses
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Fees
Charges a 5% platform fee and additional payment processing fees
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Competition
Faces competition from other crowdfunding platforms such as Kickstarter and GoFundMe
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Risk of Fraud
Campaigns may be fraudulent or fail to deliver on promised rewards
Opportunities
- Can expand into new markets or industries
- Can form partnerships with other companies or organizations to promote campaigns
- Can continue to innovate and improve the platform to attract more users
Threats
- May face increased regulation or legal challenges in certain jurisdictions
- May see a decrease in funding as a result of an economic downturn or recession
- Negative publicity or scandals could damage the platform's reputation and user trust
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http://www.indiegogo.com
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Indiegogo Plan
Indiegogo charges a 5% platform fee and a 3% + $0.30 payment processing fee for all versions of their crowdfunding platform.
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