Friday 8 August 2014

Biddable Perks: Auction-Style Crowdfunding - CrowdClan

Biddable Perks: Auction-Style Crowdfunding - CrowdClan

Biddable Perks

Pricing perks is largely relative to both project and portal. As much
as statistics can identify averages and bestsellers, the cost of a perk
ultimately boils down to its intrinsic and materialistic value. One can
calculate materialistic value by factoring in manufacturing, packaging,
posting and shipping expenses. International arrangements include
various other fees (i.e. customs). There’s also the idea of market norms
— certain price ranges customers have been acclimatized to. Again, this
points to extensive market and portal research.


When crowdfunding, it’s best to keep perk prices close to the actual
cost of production. For this reason, projects find it advantageous to
introduce rewards with intrinsic value – something intangible,
personable and unique. But how does one price such a perk? With Tubestart’s biddable perks option, projects need not worry about this dilemma any longer.

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