There are many ways your organization can make money to cover overall costs or to pay for a special project. Fundraising comes in various shapes and forms. There are car washes, pancake breakfasts or spaghetti diners, group yard sales and then there is actually selling a product and keeping the profit for your organization. Fundraising companies are all over the Internet. You can certainly find one to help you achieve your goal.
The first thing to consider is the demographic that you want to buy your product. Do not sell books for children to raise money for redecorating a retirement home. Try to understand what your potential customers would want to purchase. Another factor is the profit margin. The smaller the profit margin the more work you will have to do to achieve your goal and vice versa.
Companies that specialize in raising funds will provide you with marketing tools and sometimes ship products directly to the customer. All that is needed is payment for the product. The company will take care of everything else. Selling sheets is a good example. You show the customer the catalog, get payment for the sale and the company does the rest of the work.
Make sure you do your research so you are making an informed decision. You can download a catalog online that will give you many ideas of how to raise money and what is good or not good about the different approaches. The same site will put you in touch with companies that will want your business. They will contact you and let you know how they can help.
There are also group activity fun ways to make money for your organization. If you are working for a Parent Teacher Association and many of the parent and teachers are avid golfers, hold a golf tournament. Your project will receive a portion of the course fees. There are companies that will work with you to arrange the event and the advertising. This type of social event is also good for building morale.
Gala parties and karaoke night are also fun. Be sure you are having an event that your feel will appeal to your crowd. Most people have donated to a marathon where kids are paid an amount of cents or dollars for each lap they run. Taking this to the nth degree, think of the walk for breast cancer. This is a huge undertaking, but something similar on a smaller scale could be effective and profitable.
Two great websites will provide you with lots of resources. Go to Double the Donation and Fundraising.com. You should be able to find out everything you need to know to get started. Put your heart and energy into the event. You will have fun and make money for a good cause.
The first thing to consider is the demographic that you want to buy your product. Do not sell books for children to raise money for redecorating a retirement home. Try to understand what your potential customers would want to purchase. Another factor is the profit margin. The smaller the profit margin the more work you will have to do to achieve your goal and vice versa.
Companies that specialize in raising funds will provide you with marketing tools and sometimes ship products directly to the customer. All that is needed is payment for the product. The company will take care of everything else. Selling sheets is a good example. You show the customer the catalog, get payment for the sale and the company does the rest of the work.
Make sure you do your research so you are making an informed decision. You can download a catalog online that will give you many ideas of how to raise money and what is good or not good about the different approaches. The same site will put you in touch with companies that will want your business. They will contact you and let you know how they can help.
There are also group activity fun ways to make money for your organization. If you are working for a Parent Teacher Association and many of the parent and teachers are avid golfers, hold a golf tournament. Your project will receive a portion of the course fees. There are companies that will work with you to arrange the event and the advertising. This type of social event is also good for building morale.
Gala parties and karaoke night are also fun. Be sure you are having an event that your feel will appeal to your crowd. Most people have donated to a marathon where kids are paid an amount of cents or dollars for each lap they run. Taking this to the nth degree, think of the walk for breast cancer. This is a huge undertaking, but something similar on a smaller scale could be effective and profitable.
Two great websites will provide you with lots of resources. Go to Double the Donation and Fundraising.com. You should be able to find out everything you need to know to get started. Put your heart and energy into the event. You will have fun and make money for a good cause.
About the Author:
Terry H. Fuller has spent the past 30 years helping schools and organizations with their fundraising endeavors. He now uses his experience and expertise to help groups choose the best fundraiser for them. If you would like to learn more about Bed Sheet Fundraising he suggests you click here to learn more.
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