Take product fundraising online
Use the power of the internet to raise money online selling products. No person to person contact and no school deliveries.
Make fundraising simple. Sell popcorn, cookie dough, candles, wrapping paper, customizable items, and so much more!
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Setting Online Fundraising Goals
Hopefully, you’ve determined how much money your group needs. Now you need to communicate what it’s going to take to reach your goal. Before your sale, it’s important to run the numbers. For example, if you’re selling $15 items and the profit is 40%, you’ll make $6 per item. Divide that number into the total amount needed. So a $3,000 need will require selling 500 items.
Finally, divide the number of items by your group size. If you have 50 students, each member will need to sell 10 items.
Another way to determine your profit is to use our ‘Calculate Your Profit’ tool. Simply enter your group size and student goal. It will then determine how much you’ll make. You'll find this feature on each online product page.
So why is setting a fundraiser goal important? Because it gives your students a guide and it lets them know you expect. Every project has a start and an end point. Knowing how far they have to go will provide them with feedback and encouragement.
Tracking Virtual Fundraisers
Accountability is important. Group members are much more likely to sell if they know you’re monitoring their progress. We make it possible for you to log into your portal to see who’s sold and how much. This instantaneous feedback gives you the opportunity to check in with your sellers.
You can then make corrective measures before it’s too late. This is one advantage online selling has over in person brochure sales. With a catalog sale, you don’t know how well everyone does until after they turn in their order forms.
And tracking sales gives you the opportunity to encourage and praise their efforts.
Set Up Your Kickoff Meeting Online
You may think it’s enough to email students their sales information. This may not be as effective because it’s less personal and engaging. Many schools use online portals as a way to communicate with their parents. This can help you announce and promote your school fundraiser.
If you can, try to have a kickoff meeting.This can help get your fundraiser off to a stronger start. You should also check in with your group periodically as well.
And what is the most important thing you can tell your group? Register so you can share the online store with friends and family. The greater your group registration percentage, the more money you’ll raise. It’s that simple.
So how do you do a virtually kickoff?
If you’re a smaller group, consider meeting on a platform like Zoom to kick off your sale. You can better communicate your purpose and your group will feel a greater sense of unity.
A communication app may also be a helpful tool. Here are the best education communication apps for schools.
Online Fundraiser Products vs. Donations
When people think about online fundraisers, one thing that comes to mind is ‘donations’. Many fundraising platforms allow individuals and groups to set up a page and promote it. Then the company collect a percentage of the profits.
But when buying a product online, people receive a tangible item in exchange. There is no cost to set up and run your store. The company collects all the money initially, then distributes the profit money afterwards. A donation option is also available.