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Home > Finance > Fundraising > School Fundraiser Organization Tips Part 2
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School Fundraiser Organization Tips Part 2
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Hopefully, you've already read Part One of these tips for organizing
your school fundraiser. A smart plan can make your school fundraiser
much easier. Here are some other considerations:
Using a consultant
Consider using a fundraising consultant to assist your organization
with larger fundraisers, first-time events, or mission critical
efforts. Among the benefits of using professional help are the
following: increased market penetration, increased sales per client,
higher average sales volume per participant, and smoother logistical
flow.
Use a fundraising consultant to take the hassle out of organizing your event and put the “fun” back in fundraising again.
Protect your reputation
Offer only high quality products. Remember that no one feels good about
overpaying for something or getting shoddy merchandise in return for a
contribution. Take the high road and build loyalty within your customer
base.
Profit percentage
Place less emphasis on the percentage profit offered by the supplier
and focus more on the total net profit generated. Higher unit prices
will mean higher total sales revenue and often, higher profits per
customer.
That’s not to say that percentage isn’t important, but consider other
factors as well. Look at whether sales incentives are included, hidden
costs that may arise, sales brochures that cost extra, poor quality
merchandise that can hurt future sales, and so on.
Incentives
Rewards will increase participation and that can positively effect the
net proceeds from your efforts. The quality of the incentives is an
important motivator. If appropriate, consider rewards from among the
products you’re offering. Look to local merchants for supplemental
prizes.
Insist on best value
People will be more inclined to buy if you’re offering quality goods at
the right price. Higher-priced goods will actually generate more net
from each sales transaction to your organization than the cheap stuff
that offers a higher percentage profit to your group.
Price points
Many times, different organizations conduct similar fundraisers at
coincidental times. Make sure that the prices asked are comparable to
other fundraisers in your community. Check prices ranges via the
Internet and with other nearby organizations. Look at other catalogs,
retail merchant pricing for similar goods, and trust your gut
instincts.
Beware of perfuming the pig
There’s an old saying about making a silk purse out of a sow’s ear. It
means that someone is trying to assign a higher value to an item than
it is worth. Another phrase often used to reference the deceptive
selling of overpriced goods is “perfuming the pig.”
If you overcharge your customers for common items, they’ll resent it,
consciously or subconsciously. Compare results with records from past
fundraisers to check what price points were offered before on similar
items. Be certain to give fair market value for the items your group is
offering. You want those customers back the next time, don’t you?
Setup calling trees
Once your fundraiser has begun, don’t forget to utilize your calling
tree for immediate feedback. Ask if there are any problems, check on
initial reaction from participants and their families, keep the
enthusiasm level high, and don’t let your initial positive momentum
slip away. Regular polling of team leaders and participants will keep
you informed.
Doubling Up
Double check all order forms and check payments to be sure they’re
correctly filled out. Double-team all money handling facets of the
fundraising process. Have double dates (makeup days) planned in advance
in case of inclement weather or other unforeseen delays on delivery
day.
Use co-chairs for each mission critical function. Cross train on all
tasks. Keep duplicate records of important details in a different
location as part of your backup plan. In the world of technology, this
is called disaster recovery or disaster prevention. Double count all
deliveries coming in and going out.
Record Keeping
Accurate records are a lifesaver and a source of information for future
fundraisers. Follow audit guidelines just as if you were a small
business. As a non-profit organization, you have to be able to document
the source of your funding as well as how those funds were spent.
Setting goals and deadlines
Do this well in advance, mapping out campaign timelines and strategies
before the school or fiscal year starts if possible. Your goals should
be realistic and based upon solid data from previous results. Take some
time to think what extra offerings you could add that would double the
net proceeds from each customer.
Always have a hard deadline for the sales period to end, nothing more
than 17 days. Seventeen days is two weeks plus an extra weekend, the
prime selling time.
Don’t forget to smell the roses
A well-planned and well-executed fundraiser will leave you time to bask
in the glory of your success. Remember to have fun and good luck! |
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