Launching a high-value product in the competitive fitness market comes with unique challenges, especially when it comes to accessibility for potential backers. Kabata sought to make their high value perks available to a broader audience, and Indiegogo’s Pay Over Time feature offered the perfect solution. As one of the first campaigns to adopt this installment payment option, Kabata enabled backers to split payments into four equal monthly installments, removing a key barrier to entry for many contributors.
The results speak for themselves: 16% of Kabata’s backers chose Pay Over Time, clearly appreciating the flexibility it provided. This innovative payment option is estimated to have increased conversions by up to 10%. The feature helped them raise $443,637 and reach supporters who might have otherwise hesitated due to upfront costs.
“The Pay Over Time feature was instrumental in driving conversions for our campaign, offering backers a flexible way to support us. We’re happy to have been part of its beta test and appreciate the backers who joined us in helping to refine this new payment method.”
– Kareem Aly, CEO and Co-founder