I'm curious about the Wadiz funding process, fees, and additional services.

July 24, 2024 | How-To

"Wadiz funding, why would it be hard for me to do it?"

If everyone around me is opening a wadiz fund, crowdfunding, why is it so hard for me to do it?
Even if you have experience in commerce, 'crowdfunding' is 'crowdfunding'and the first time is always a strange time for everyone.
Don't worry, we'll walk you through the basic Wadiz processFrom settlementto settlement,
we offer a range of additional services additional servicesthat will give you wings!

Today, after reading this, make sure you hit the Get Started with Wadiz button!🧐

 


Wadiz Funding, so what?

Wadiz Funding, Wadiz Crowdfunding, Wadiz Pre-Order, and Wadiz Store.
Are you confused by all the different names for Wadiz? 🤔 Let's break it down for you.

** Crowdfunding. [Crowd + Funding]]

A method in which a person in need of funds raises money from an unspecified number of people on an online brokerage platform over a period of time.

 

  • My product is is new to this worldis → → Wadiz Funding Wadiz Funding
  • It's a product that's been funded before, or it's a product that's been sold on another site on other sites, but only on Wadizonly on Wadiz → Click Wadiz Pre-Order
  • Wadizue always on saleon Wadiz → → Wadiz Store Wadiz Store

 

Wadiz doesn't always mean you can only work on new products!
Even products that have been sold before can be hosted on Wadiz if they have a special configuration, special price, or are exclusive to Korea.

The launch of pre-orders sets the stage for makers to take on the challenge and

There are more stories and products for supporters to experience.

Give it a quick test with an image!

Wadiz Funding VA Pre-Orders

Wadiz Funding VA Pre-Orders


How long does it take from opening to opening, fees, and settlement?

If you've done a quick check of what Wadiz does and if your valuable product/service is eligible for Wadiz,
I would have gotten a general idea of how long does it take, what process (sequence) does it go through process (sequence).
You may be most curious about Wadiz fees and settlement processthat you might be most curious about!🧐

Wadiz funding process

Wadiz funding process

**Project submission to publication and settlement times are averages and may vary depending on the project.

 

1) The whole process of using Wadiz Funding

Create a project

Sign up for Wadiz and create a Maker Studio.
Click here to Create a project right away

Create a project

Submit paperwork to move your project forward and fill out studio requirements.

Partner Services Partner services written by experts

③ Submit your project

Review what you've written and submit a finalized version.
When submitting, choose your Wadiz fee (Wadiz pricing plans)

Wadiz Pricing Learn more about Wadiz pricing plans

④ Sign the terms (if required)

Depending on the type of business you're in, you'll need to enter into terms and conditions for your project.

⑤ Review

Submit legally required documents based on our vetting policies and criteria and get a confirmation that your project is eligible to proceed.
We'll check your documentation requirements and conduct a content check to ensure your story is complete.
If you receive a revision request from a representative, please incorporate the feedback and resubmit.
Lack of required documents or delayed feedback will delay your project's release.

â-Ž View required documents by reward (product)

⑥ Open the project (Open to be released ~ Open project)

After final approval, choose the date you want your project to go live in Maker Studio and make it public.

⑦ Monitoring and Ad Review

Wadiz monitors stories to make sure they don't violate ad review standards.
After the fact, we may ask you to modify the content of your story based on our ad review standards. If you receive an edit request, please edit your Story directly through Maker Studio.

⑧ Close the project

The project ends at midnight (24:00) on the preset end date.

⑨ Proceed to checkout

After a project is successfully closed payment (attempted) for 2 daysPayment will be processed both weekdays and weekends.
During this period the final amount of successful payments will be added to the 'Funding (Successful)'where settlement amount minus fees minus fees.

⑩ Send rewards 

You can't send rewards before the project is closed, or before all payments have been received.
Projects end date and all payments have been received for 2 days after the end date, you can check the supporter informationrequired to send rewards.
Once you've shipped your rewards, you'll need to go to the process shipmentyour rewards.

⑪ Selected acids

If your funding is less than 10 million won 80% of the settlement amount, or more 60% of the settlement amount advance paymentupfront.
You'll receive it on the next payout date after your statement is sent. Payouts are made every Monday, Wednesday, and Friday, excluding weekends and holidays.

⑫ Receive and process refunds

There is a 14-day refund period from the time of delivery.
If there are any issues with late or defective rewards, you may be eligible for a refund.
You can read our detailed refund policy here here.

⑬ Finalization

If all goes well with sending rewards and processing refunds, you'll receive your final payment.
However, if there are any issues, such as project cancellation, the payout process can be put on hold.

 

2) Wadiz Plan

Understanding Wadiz Funding Plans

Understanding Wadiz Funding Plans

Expert Expert (~19% commission)

    • Makers who want personalized management from a project director to boost performance
    • You will need to prepare a separate ad budget of at least $100,000 to proceed, and we will work with your director to efficiently run your ads to reach your goal.

Pro (13% commission)

    • Makers who want online 1:1 guidance from a project manager to make using Waddies easier
    • Receive information about special offers, advertising promotions, and more.

③ Basic Basic (10% commission)

    • Makers who want to use Wadiz essential services to create their own results

Wadiz Pricing Learn more about Wadiz pricing plans

 


Additional services to help you fund your Wadiz and give you wings

If you follow the steps in the Wadiz progression, everyone can do it.
However, if you find it difficult to do it alone or want to give your project a little boost, we recommend checking out some of the add-on services that Wadiz has created!
We'vehad a lot of makers open projects on Wadiz over the past 10 years,
and we've created services that makers have told us they've been struggling with.

At Wadiz for makers, we're introducing a service that we've been thinking a lot about and are still buildingfor makers.

 

① From creation to detail page, story-related services Β

A detailed page creation service (story agency service) with Wadiz's hand-picked agencies and partners.

  • Partner Services Apply :
    Planning/Filming/Design Each service is provided by experts.
    Based on our extensive experience, we offer services at various price points depending on your needs and products.

 

Boost Your Performance! Boosting Services Β

If I just open a Wadiz project, it's one of many, many projects... I need to get exposure here and there to let people know that my project is here, that I have a good product here.

  • Wadiz Advertising Services Sign up
    That's when you need an ad service, which can range from in-house ads to social media ads in any amount.
  • Account Director (Expert plan) Learn more
    If you've been thinking about opening a store, but you're wondering how much you should spend on advertising and what you can do to promote it further once you're open, you'll want to work with an Account Director. From the story planning stage to the end of the project, you'll get personalized advice and tips.
  • Creative Services Get started
    Creatives are images and text (copy) used in advertisements. Since not all creators are marketers or designers, even if they have money, it's difficult to create materials that are effective in advertising, so this is a service that professionals can create for you.

③ ③ Detailed page creation + boosting doing, 🎨📈

  • All-in-One Service Apply
    'If you've been thinking, "Why can't I get all the services described above?", we introduce an all-in-one service that will solve all your problems at once. One expert (partner) will take care of everything from detailed page planning and production to advertising agency and operation.

 

Wadiz Partner Services

Wadiz Detail Page Authoring Partner Services

 

Wadiz has a team of about 50 expertshandpicked by us,
기획력planning skills, we have a diverse portfoliosof creative professionals, so you can check out
showcase your product in a compelling waywith an expert who can help you showcase your product in a compelling way.

 

What if I only want to create stories and detail pages?

Want to go from landing page creation to post-launch advertising?


 

📒 S ee the list of Wadiz prep essentials

📒 Want to know more Wadiz partners?