Maximum profitability is the obvious goal of every school fundraiser. However, fundraising is a lot of work and often profitability is overlooked for ease and convenience. You can have both. Here are 5 tips for increasing your fundraising earnings without having to put in any extra effort.
Recruit Help
Many people think that getting help will just make a school fundraiser more complicated. While it is more work to find parents to volunteer, it will save you more time than you spend. If you have several parents willing to spend an hour or two helping, you can easily save hundreds of hours of work. This will make the fundraising process more enjoyable and will allow you to hold multiple fundraisers each year with minimal effort. Plus since the parents will be more involved in the fundraising process they will be more likely to sell products to their family, friends and coworkers. This will increase your profits as well.
Stay Organized
Organization will also help to increase your profits. For example if you are hosting a catalog fundraiser and you lose a few order forms, you have essentially lost profits. Additionally you may frustrate purchasers when their products don’t come in on time. Keep this from happening by creating an easy organizational system before the fundraiser starts. It is much easier to stay organized if you never get disorganized. Your organizational system will save you time and will keep you from losing orders and frustrating purchasers.
Choose a Great Product
The product that you choose will also determine your profits. Choose a product that is easy to sell for maximum profitability. For example you will find that it is very easy to sell tasty products like cookie dough or gourmet treats. If you choose a product that isn’t popular you will struggle for each sale and will end up earning less.
Focus on Profitability
As you choose your fundraiser keep profitability in mind. Some fundraising options are more profitable than others. If you choose a fundraiser that offers 50% profit per item sold you will earn twice as much as you would with a fundraiser that offers a 25% profit margin. The higher the profit margin the higher the profits with the same amount of effort.
Reach Out to Teachers
Don’t just leave the fundraising to students. Teachers, school administrators and other volunteers might be willing to make sales as well. Reach out to the school’s staff and volunteers. This one step won’t take any effort, but can result in many additional orders for your school. Remember that everyone benefits when your school has the funding that it needs, not just the students. Parents can be a valuable sales resource, so invite them to participate as well.
School fundraising is a lot of work, but when you understand the fundraising process you will be able to increase your total profits and earn more money for your school with each fundraiser. Remember that each fundraiser will get a little easier as you learn ways to motivate students and how to effectively work with fundraising providers.
The Goodies Factory fundraising company specializes in
cookie dough fundraising. In fact, we make our own cookie dough in our FDA inspected facilities. We have over five different cookie brochures, over 15 gift brochures, over 20 types of lollipops and Dollar and Hershey's candy bars. We also have an extensive prize program which includes daily prize programs and grand prizes like limo lunch and bouncy house.
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