As many of you know, we have been completing Crowdfunding (Kickstarter) Fulfillment for Canada and recently have branched out to doing fulfillment for the US as well. In addition, we’ve been getting a lot of inquiries asking us for pricing and other details. While we have been happy to answer those questions, I thought it might make more sense to create a singular website with all that information and the numerous questions we get asked. So, we did – Starlit Citadel Logistics.
Not particularly inspired in terms of naming, but I think it gets the point across.
The Business Case
I’ve mentioned before that in terms of actual business sense, crowdfunding fulfillment will never pay our bills. A ‘big’ Kickstarter like Red Dragon Inn 5 which we just completed only had about 200 or so backers in Canada. We charge $3 per order handled and that includes box cost. So, on a ‘big’ Kickstarter, our revenue is $600! We’d have to do a lot of Kickstarter’s to cover the cost of the space in Canada.
On the other hand, the Kickstarter in the USA was significantly larger – over 10 times. At those rates, you only need a few ‘big’ Kickstarters (or a lot of small – medium sized Kickstarters) before you are able to generate a decent revenue stream. It’s part of the reason why we started offering the option down in the USA, and partly because we had quite a few questions from Kickstarter creators who wanted to know if we would do so.
This will still be a very much side-project, one that I’ll tackle (i.e. market) when I have a bit of free time and/or need a break from my current projects. We seem to have generated some great word of mouth and I am content to let the business grow that way.
In the future, expect most of our posts on Kickstarter Fulfillment directed to the other site.
Oh, and I swear I’ll get back to writing more blog posts soon. Things have just been very busy on the backend and finding mental energy and time to write posts, especially posts that I can publicly post, has been in the premium.