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Lower goal or pledge your own project?

Posted: Wed Jun 12, 2019 8:15 am
by caefer
Hi,

I've got a project planned to lunch soon. I need to cover all the costs but the sum seems rather high.
I would be willing to cover half of the base goal myself though but wonder how to go about this.

I have defined several stretch goals (basically adding more pages to a picture book which each raises costs for illustration and printing). Now I see two options:

1. I lower the base goal and prepare to cover the rest myself
pro: the campaign is more likely to succeed
con: if the campaign is so popular it reaches stretch goals I still have to cover the sum

2. I pledge for my own project
pro: if the campaign is successful I don't need to worry about covering costs myself
con: this is no advised kickstarter practice

If I'd go for 2. I would probably choose a very low tier and change my pledge afterwards. So this would add only one more backer to a lower tier and raise the total funding sum. So I guess it is quite invisible. Am I right?

What do you think?

Cheers Christian

Re: Lower goal or pledge your own project?

Posted: Thu Jun 20, 2019 7:27 pm
by jameshutchings
Mathematically it seems like the only difference is the percentage that Kickstarter will take of your pledge in option 2.