How to boost sales when you can't change your profit percent
When shopping for a school fundraiser, many groups are focused primarily on profit percent. How much of the total sales will we get to keep? After all, the more profit we can get the more money we'll make, right? Well, not so fast. Unfortunately there's more to it than that.
There are other things that will have far greater impact on your fundraiser than percent profit. Getting more families to participate is perhaps your biggest challenge, but probably your largest payoff too. If you don’t have parental support, the highest profit percent conceivable won’t help. So how can you get more families to participate? Here are 4 ways that you can increase fundraiser participation.
1. Make Parents Feel Connected
According to a recent addition of PTO Magazine, 50% of sponsors admitted that lack of parent involvement is the number one challenge in fundraising. What can you do to gain more support? Among other things you should explain what parent involvement entails for your school or organization specifically, and how it benefits their children.
For more information, visit PTO Today Magazine.
2. Choose Appropriate Fundraisers
Schools need to work together with their parents to find fundraising programs that will work best. And don’t be afraid to step outside the box and try new things. If your sales have become stagnant, perhaps it’s time for a change.
3. Sell Your Fundraising Purpose
It’s not enough to tell parents that you need money for your school. Have a specific money goal and purpose in mind and be ready to sell them on why your mission is important.
4. Offer Better Student Incentives
Too often, schools settle for the same boring prize programs. One of the best ways to increase sales is to get your students excited with new and refreshing ideas.
Profit percent won’t help you much unless you have other more important things already in place.