What happens if my campaign does not reach its funding goal?
If a campaign on Indiegogo does not reach its funding goal, the outcome will depend on the type of funding model chosen by the campaign creator. Indiegogo offers two primary funding models: flexible funding and fixed funding.
With flexible funding, the campaign creator receives the funds raised, even if the goal is not met. This option is beneficial for those who want to keep whatever amount they have raised to continue their project, regardless of whether they reach the initial target.
On the other hand, with fixed funding, the campaign must meet or exceed the funding goal for the funds to be released. If the campaign falls short, pledges are not charged, and no funds are transferred to the creator. It is important for campaign creators to carefully consider which model aligns with their needs and objectives.
For additional details and guidance about this process, individuals are encouraged to explore the current Indiegogo web page for more information.
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