How long is the crowdfunding campaign?
6 weeks. This crowdfunding campaign ends 12 November 2024.
What is the crowdfunding campaign goal for an artist?
The goal is to fund 100% of the manufacturing costs associated with the vinyl pressing of their album. This cost will vary depending on quantity and the pressing specifications of the vinyl record. The total units needed to sell is equal to the breakeven point for the artist to cover all costs. After that, all sales will be profit for the artist.
What happens if the artist does not reach their crowdfunding campaign goal in 6 weeks?
There are two options for the artist: (1) 100% of the sales get refunded to the fans who pre-ordered their vinyl record and it does not get manufactured; or (2) the artist can top-up the remaining balance themselves in order to fund the pressing of their record which means it will still be manufactured and fans will still receive their pre-ordered album.
How long will it take for a fan to get their pre-ordered vinyl record if the crowdfunding campaign is successful?
Approximately 8 weeks following the end of the crowdfunding campaign.
How will the fan receive their pre-ordered vinyl record when it is ready to ship?
It will be shipped out by Holiday Records or the artist themselves. The fan will pay for shipping costs at check out.
How long will it take to get my refund if the crowdfunding campaign is not successful?
- Approximately 5 working days.
