When starting a campaign on GiveSendGo, selecting an initial attainable goal amount is crucial. Here are some tips and considerations:
Set an Attainable Goal:
Choose an initial goal that is realistic and attainable. 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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