What is RRP on Kickstarter?
Step 2: Calculate your MSRP. This stands for “manufacturer’s suggested retail price”–it’s the sticker price for the product post-Kickstarter). This will vary from industry to industry; for example, in the board game world, MSRP is usually 5x or 6x the manufacturing cost.
What do I do if I get scammed on Kickstarter?
To report a backer, head to the bottom of the project page and click “Report this project to Kickstarter”. This will provide you with the option to “Report spam or abusive behavior”. If you are the project creator, you can report a backer by clicking the “Report” button on the backer’s comment.
What are the best rewards to offer to Kickstarter backers?
The best rewards offer some kind of value to the backer at a reasonable price. This value could be physical (the product), creative (input in the project), experiential (the creator will perform an activity, perhaps for entertainment), sentimental (great perk aimed at friends/family as a show of their support), or exclusivity (early-adopter perk).
Should you charge retail pricing on Kickstarter?
Kickstarter is NOT a charity: This is the second reason that you should not charge retail pricing–or higher–for any “products” you’re putting on Kickstarter. This is probably the number one thing I see project creators do wrong.
What is the goal of a Kickstarter?
The goal is to instill a sense of ownership in the project, meaning that community members have a say as to how the project will turn out. In addition, giving the backers a way to impact the creative process is great strategy to excite evangelists that will share your project on their facebook or twitter.
What is Value Added Tax (VAT) on Kickstarter?
VAT stands for “value-added tax.” Specifically, for Kickstarter creators accepting pledges from European backers, it refers to an approximate 21\% tax. How Is VAT Calculated and Who Pays It? If the creator ships the rewards in bulk to a fulfillment center in Europe, they will pay VAT on the declared value (reward and freight shipping cost) at port.