5 Steps For A Successful and Unique Fundraising Campaign
The suggestions that follow may seem trivial but they they have the distinction of working almost every time they are tried. They address the central reason why some schools do much better than others even when all other factors are equal. It is all to easy when planning a new fundraiser to focus on the things that don’t matter. Here are five of the right things to you should focus on.
Below you will find four things that a school or group can do that will greatly affect how much money is raised with their new fundraiser:
Step #1 - Profit Percentage Does Not Lead to More Profits.
A company offering 80% profit on it’s goods vs a company offering a 20% profit margin is not necessarily better for a school. One thing people often overlook is that banks do not accept deposits of percentage. Every bank I know of accepts only money. Profit percentage is the thing that many decision makers look at first when it comes time to pick what they are going to do for their new fundraiser. What I am saying here does not mean profit percentage is not important, but it should not be the school’s first and only priority when choosing their next new and unique fundraiser. It should be the school’s number one goal to raise the maximum profit possible with the least amount of hassles!
Step #2 - The Product You Sell Does Make a Difference (But Not As Much As You Might Think) Coming up with the right product for your new fundraiser does make a difference, however, it is not the most important factor in having a successful fundraiser. You have probably seen this in your own neighborhood, how two schools decide to sell cookie dough and they both sell them at the same time and the same price. But the difference in their results (Profits) were HUGE! Because of this, you could come to the conclusion that it is not the product which made the difference. So what is it that makes the huge difference? Hint, see Step #4!
Step #3 - Time Your Fundraiser as Early In the School Year as Possible
When you kickoff your fundraiser is a very important aspect of it’s success. It is an undisputed fact that the first school who’s sales brochure goes into an office or neighborhood has higher sales than the one that comes last. However, timing is not the #1 reason why schools have successful fundraisers. Hint, see Step #4!
Step #4- How the fundraiser is Run is the Number One Factor in it’s Success.
Program Management is the element that makes all the difference in having a successful fundraiser. You as a fundraising chairperson may know that “How” the school fundraiser is run is critical to it’s success, but the main problem is not many fundraising companies train the sponsors in how to run their sale the right way. On top of that, it is very simple to do.
Follow These Simple Guidelines of Program Management to Get The Most Out of Your Sale.
A) Setting Goals for the School
B) A Memorable Kick Off
C) Maintaining Excitement for the Duration of the Sale
D) Find Good Volunteers
E) Motivate the Students/Sellers Like There Is No Tomorrow
F) Motivating the Teachers and Staff members to Promote the Sale.
To maximize the results on a new fundraiser the students/sellers must be motivated to participate in a way that they have not been before. You can provide motivation not only to the students but to the teachers as well.
The main reason why one school will make $8,000 while another similar school will make $15,000, is in what they did with their prizes for students and for the teachers!
We at AIM have a saying “Students could sell $5 bills for $10.00 and do real well if you motivate them good enough.” The most important part of your fundraiser will be to provide incentives that truly motivate your students and teachers to participate in your sale like they have never done before! A school that typically has a 25% participation rate will more than double with only a 15% increase in participation. Increasing participation by 15% is not a hard thing to do.
