THE DO'S AND DON'TS OF FUNDRAISING
(Volume 2, Issue
I)
"Nothing is particularly hard if you
divide it into small jobs." - Henry Ford
Are you preparing for your first big
fundraiser? Have you had a previous fundraiser fall short of the
goal you had in mind? Or perhaps you are looking for guidance on
how to proceed with an upcoming fundraising event. We've
compiled a helpful list of do's and don'ts for fundraising
success and pitfalls to avoid when running your next fundraiser.
We extend our thanks to Varsity Gold Sales Representative Brett
Bandemer for his experienced insight on what has worked for his
fundraising clients and what hasn't.
THE DO'S OF FUNDRAISING
-
Have a clear game plan and goal:
You need to know why you are raising money and what that money
will help your team or club achieve. Your participants will be
more motivated if they know how the money will be spent. You
will also need to have specific dollar amount set as a goal.
What you intend to do with the funds raised should dictate what
your dollar amount goal is.
-
Have frequent checkpoints throughout the sale:
Your participants will need to have constant encouragement
throughout the fundraiser. Check in with your participants at
specific points during the fundraiser and ask them how they are
doing and what you can do to help.
-
Set a minimum for each participant to
sell:
Your minimum goal for each participant should be reasonable, but
you need to set one so that everyone has a set goal to strive
for.
-
Have prize incentives based on goals and
accelerated sales:
Offer prizes based on individual participants’ sales, as well as
a group prize for meeting or exceeding your initial goal. This
will help motivate your participants to do the best they can,
and give them a healthy sense of competition with their
teammates.
-
Have a clear time frame when everything is
due in:
This is fairly self-explanatory. You don't want the funds and
paperwork trickling in over an extended period of time. You need
to have a set due date to streamline accounting and to be able
to arrange for your prize incentives.
-
Set a date and time for a Blitz day:
A Blitz day is a Varsity Gold-specific fundraising campaign that
can really boost your sales. For more specific
information, please
contact
us.
THE DON'TS OF FUNDRAISING
-
Expect things to take care of themselves:
Fundraising takes planning and involvement. You need to be
committed to the effort to make it work. The level of enthusiasm
and involvement of the participants will be directly related to
the enthusiasm and involvement of the fundraising administrator
and team members!
-
Sell for longer than two weeks:
Setting a short timeframe for selling products prevents
procrastination. This is particularly effective with
products such as
fundraising
discount cards and
discount
coupons.
-
Set up tables to sit and sell:
This is a strategy that only seems to work well for Girl Scout®
cookies - who can resist Thin Mints™? So unless you are
selling something delicious and ready-to-eat, get your
participants out there to sell. Don't expect for customers to
come to you. Most people do not want to be bothered on
their way in or out of a store.
-
Allow a negative attitude:
We've all experienced this scenario at one point or another -
one person's negative attitude can color an entire event. Be a
role model for your group by setting the tone of your
fundraiser. If attitude problems occur, pull aside individuals
(adults and students alike) who exhibit negative behaviors and
detrimental attitudes and let them know in a diplomatic but firm
manner that you are all working together for a common cause and
that everyone's positive input and effort is required.
-
Make it optional:
Require participation from the entire group that will benefit
from the fundraiser. An optional fundraiser simply should not be
an option! Not only will voluntary participation feel unfair to
the people who put forth their best effort, but it will also
undermine your ability to raise the most you can and meet or
exceed your target goals.
To help make your fundraiser a success, keep
these do's and don'ts in mind. If this is your first
fundraiser, you may also want to read our helpful
Fundraising Tips article before you begin.
Take a look at the Varsity Gold line of
fundraising products to see which one works best for your
group. For more information about conducting your own
fundraiser, please
contact
Varsity Gold.
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