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@pris - Good points. I guess it depends on whether or not you have the ability to deliver the rewards if you don't hit your goal.

So, if you receive the funds immediately can you deliver what the backer pledged for on Indiegogo Flexible funding? Or, do you have to wait till the project ends? If you reach your goal on the flexible plan by the time time the project ends, then you only get charged the standard 4%. So, flexible is not so bad if you are sure of your goal and can deliver the product.

This is an interesting topic, with lots of good points made for and against Flexible Funding.

I agree that a project which depends on full funding needs to be careful about FF, for the reasons already mentioned: perk fulfillment, etc.

I also agree that there are projects which can really benefit from FF.

Here are some details about my campaign http://igg.me/at/i-dreamt-of-trees which show how I'm able to take advantage of FF without having any risk of letting down my contributors:

—Before setting up my perks, I carefully considered the costs involved in fulfilling each one, including printing on demand, shipping, highest possible cost of creating a perk depending on numbers ordered, etc. I also considered Indiegogo and Paypal fees, as well as income tax I will have to pay on funds raised. Taking all of this into account, I set the contribution levels at a point where I can fulfill each perk while still leaving money on the table for my campaign, regardless of total contributions received. For example, even if I only had one contribution throughout the entire campaign (fortunately I've already had more than that...), I would be able to fulfill the perk and have some money leftover for the project.

—Regarding completion of the project: The book itself is already written (it may still get a little polishing, but other than that it's ready to go.) Funds raised through Indiegogo will be a huge help when it comes to publishing, but if I need to look at other funding options when all is said and done, I will.

I also agree that there are other benefits to FF even if you don't reach your goal. Having an Indiegogo campaign is a great way to build excitement for your project, and get the marketing ball rolling ahead of your project launch.

One final thought on FF: If a project fails to meet its goal, it's important to consider that the financial impact on the project will probably be less than the amount by which the goal is missed, as goals are generally (or should be) determined based on money needed to complete the project plus the cost of fulfilling perks. Therefore, let's say a campaign falls $500 short of their goal. If perk fulfillment, fees, etc. would have accounted for 50% of that $500, had they received it, then in truth the campaign will only be $250 short when it comes to the actual project completion part.

trioo

Great, way to make me nervous about my flexible funding indiegogo campaign...

So whats better? Flexible or Fixed?

I usually only go for fixed, for some reason flexible just seems like a trap to me. Guess it's all the stories about people running. They can do a grab and dash on fixed too but it seems more likely on flexible.

THE IDEA.
Are you tired about searching on the bests Online stores? You want the best product right in front of you? HERE's my idea comes... I provide you the best product I've just found on internet, I opened a little store in Morocco... I sell some stylish product with a Good price (for everyone)...

checkout here
u've nothing to loose:
https://www.indiegogo.com/projects/t...ant/x/10432938


also i need someone who can promote this for me
U gonna get a 10% of the money raised

Is Flexible Funding better for personal campaigns or not necessarily?

We put an optimal goal for funds but we could make the film for less.
And we are all definitely motivated, as well as will fulfill our perks!!!
https://www.indiegogo.com/projects/big-boss-night-out