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Home > Finance > Fundraising > Fundraising With Discount Cards
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Fundraising With Discount Cards
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Looking for ideas for fundraisers? You're not the only one. Every group
is searching for easy fundraisers that produce big results. Well,
selling fundraising discount cards is one of the best fundraisers
around.
Discount cards deliver considerable revenue for your group at $10 each.
They usually produce average sales of 10 units per seller. Coupled with
their 80%-90% profit margins, they also generate considerably more
profit than most other fundraising products.
These are simple immediate-sale fundraiser products that your group can offer. Discount cards provide these benefits:
-They are easy to sell
-They offer good value
-They produce excellent results
Three types of fundraising discount cards:
-Shopping cards
-Pizza cards
-Fast food cards
Each of these fundraisers has benefits that are easy to explain to your
supporters. They have widespread appeal and each can be offered for
immediate sale or sold via a simple brochure.
Discount Shopping Card
What exactly is a discount shopping card?
It is a wallet-sized card packed with a selection of prearranged
discounts at local and national merchants in your area. Most usually
contain a dozen special offers that save the bearer either a fixed
amount or a percentage discount.
Each card usually retails for $10 and provides for almost unlimited
usage of the special offers. The only exception is when you custom
design a card to feature a special one-time only discount from a
sponsoring merchant.
This type of premium offering is often worth half the $10 purchase
price all by itself, such as $5 off from a national oil change company.
Other money saving examples include free drinks with a fast food order,
$1 or more off on a submarine sandwich, savings on video rentals,
haircut discounts, free ice cream, and other special offers.
Because of their high perceived value (what family doesn't want to save
money these days?), these cards are excellent fundraisers.
Discount cards can often produce impressive unit sales per participant.
It's not unusual for each seller to make ten or more sales.
Another interesting benefit is the unique customization of the card.
Many suppliers can place your schools' name and logo on the front side
of each card. This firmly affixes your group's value proposition in
their minds for your next fundraiser.
Cards are usually good for a one year period and bear an expiration
date on the front. This creates a built-in market for repeat sales.
In my book, Fundraising Success! you can find a supplier
cross-reference section where I list 27 suppliers for these types of
cards.
The reference section can be found on my website at www.fundraiserhelp.com
As with any type of fund raising product it pays to do more than a little supplier research.
Costs for 1,000 unit batches begin at $5 with many suppliers and drop as low as $1.00 from the best companies.
Among ideas for fundraisers, discount shopping cards are a perennial
favorite. They also make a good overlay or add-on item for candy
fundraising or a catalog fundraiser.
Pizza Discount Card
What is a pizza card and how is it different?
A pizza card is a discount card with an offer tied to a single
merchant, usually a national chain. It often provides a two- for-one
offer on every order and is tends to be priced at $10 for a card good
for a one-year period.
Offers vary with most being tied to either a single location or a small
group of outlets for a national chain. Pizza Hut cards are good for
eat-in dining while most others are aimed at the take-out or delivery
market.
Given how popular pizza is with younger children as well as teenagers, pizza cards are excellent school fundraising ideas.
The cards for Pizza Hut and those for some of the other chains place a
limit on the number of times you can use the card, often 21 times. That
is a lot of free pizza for $10. Usage is tracked via holes punched in
marked spots on the card.
Some of the offers also specify that your initial order must be for a
large pizza while your free pizza is a medium size. When you think
about it, that works well for most adults because they usually want a
different set of toppings than what their children enjoy.
Pizza cards can be obtained from many suppliers. Most offer the same
set of national chains and prices can vary widely, so it pays to shop
around.
All in all, pizza cards are among the best easy fundraisers based on profitability and ease of sale.
Fast Food Discount Card
What do I need to know about fast food discount cards? Well, they are
usually specific to just one fast food chain and often are limited to
just one or two locations of that particular chain. They retail for $10
and usually cost less than $2, so they're a great moneymaker. Offers
vary by company, but they usually provide a matching main item with
purchase of the same. For example, at Burger king, you might get a free
hamburger. At Subway, you usually get a free soda, chips, or cookie
with each sandwich purchase.
The cards are limited in duration and number of uses. Usually, they are
good for up to one year and restricted to roughly ten uses. Again, the
offers vary by chain, so check the details closely.
Participating national chains are:
McDonalds
Burger King
Subway
Dairy Queen
Pizza Hut
Dominos Pizza
Papa Johns Pizza
Fundraising Discount Cards Recap
So, what's the bottom line on discount card sales?
The excellent consumer value of all these cards makes them an easy
sale. Their $10 price point makes a cash purchase a simple transaction
yet a higher amount than most fundraising items.
Their great value, small size, light weight, and easy handling requirements make selling these cards a breeze.
Most suppliers will provide the discount cards and pizza cards to your
group on easy credit terms. That makes them great school fundraisers
because you can offer them to your supporters as an immediate sale
item, thus simplifying the delivery process tremendously.
Instead of relying on your supporters' discretionary purchasing power
in these tough economic times, why not tap into your supporters'
everyday spending on fast food meals?
They're not quite necessities, but they are an ingrained spending habit with many families.
Selling fundraising discount cards positions you for a better chance at
a larger portion of your supporters' spending. And, because of their
high unit volumes, healthy profit margins, and ease of sale, they are
excellent school fundraisers because they'll produce exceptional
profits.
Make sure your group gets your share! |
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