When starting a campaign on GiveSendGo, selecting an initial attainable goal amount is crucial. Here are some tips and considerations to help you set a successful goal:
Set an Attainable Goal:
- Choose an initial goal that is realistic and achievable. This can motivate donors and help build momentum for your campaign.
- As you reach milestones, you can increase your goal to keep the campaign progressing.
Understand Transaction Fees:
- US Recipients: A transaction fee of 2.7% + $0.30 per donation is applied.
- Non-US Recipients: A transaction fee of 3.5% + $0.30 per donation is applied.
- Currency Exchange Fees: Additional fees may be incurred by the payment processor for currency exchange.
These fees are deducted from the total donation amount to ensure secure payment processing.
Factor in Fees:
- When setting your goal, remember to account for these transaction fees. This ensures you have a clear understanding of the net amount you will receive after fees are deducted.
By considering these factors, you can set a goal that is both realistic and aligns with the financial needs of your campaign.
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