# I need information about the size of contributions that users make to crowdfunding campaigns: 1) What is the average dollar amount that someone spends per campaign on KickStarter and other similar crowdfunding websites?

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## What is the average dollar amount that someone spends per campaign on KickStarter and other similar crowdfunding websites?

Crowdfunding campaigns, on average, get donations of around \$88 from users. The campaigns raise about \$7,000 on average in a 9-week span, which is what the average length of a campaign is. According to 2015 reports, Kickstarter had an average donation of \$91. In their most recent campaign, Kickstarter raised \$2 billion in which the most common donation for the campaign was \$25.

### CROWDFUNDING

Crowdfunding campaigns are generally used for an individual to raise money for a specific cause, project, or event. It can be quite successful as it has generated \$34 billion globally. This industry is expected to grow to an astounding \$300 billion by the year 2025. On average, a successful crowdfunding campaign raises around \$7,000 and the campaigns last around 9 weeks. The average donation for a crowdfunding campaign is \$88. Globally, crowdfunding campaigns have a 50% success rate.

### KICKSTARTER

The average donation for Kickstarter was reported to be \$91 in a 2015 report. In their most recent campaign, they were able to raise \$2 billion toward their Bringing Creativity to Life campaign. According to their website, \$25 was the most common donation made with 2.4 million pledges amounting to \$60.8 million followed by \$50 at 1.6 million pledges amounting to \$80.2 million. The donation amount that generated the most money was \$100 with 1.06 million pledges that summed up to \$106.3 million.

### AVG. OF SIMILAR CROWDFUNDING WEBSITES

According to a 2015 report by Entrepreneur, the average pledge amount for some popular crowdfunding websites are as follows (excluding Kickstarter):
Crowdfunder = \$113
Fundrazr = \$102
Indiegogo = \$92
Rockethub = \$94
CONCLUSION
To wrap it up, Crowdfunding campaigns are a helpful way to raise money for a cause, project, or event. Some popular websites for Crowdfunding are Kickstarter, Crowdfunder, Fundrazr, Indiegogo, and Rockethub. The average amount of donation for a campaign is \$88.

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