2 Ways to Reward Your Big Fundraising Prize

How to make your sales award ceremony memorable.

You have a limited budget to entice your students to bring in additional sales. As a result, you want to be careful with your big prize purchase. After careful consideration, you make your selection and feel confident students will be excited about it. You've even discovered it's what everyone's been discussing anyway. Your investment pays off, and your school ends up experiencing a successful fundraiser.

However, how will you give it away now that you've selected your big fundraising prize? Should you incorporate a grand prize drawing or give it to the top seller? Believe it or not, the method is as important as the prize.

Grand Prize Drawing

PROS:

• Everyone who reaches a predetermined sales amount minimum amount has a chance to win the grand prize.
• Seller participation increases because more people will have a chance to win by reaching the minimum requirement.
• You can still entice the more successful sellers by putting their names in additional times for more items sold.

CONS:

• Students who sell the most aren't guaranteed to win, even though they have the best chance.
• Some may stop selling once they reach the minimum because they still have a chance to win.

Top Seller Prize

PROS:

• Everyone knows the person who sells the most will win the big prize.
• More students will work harder by selling additional items because they know only the person who sells the most will win.

CONS:

• This may turn off some students who may not think they can sell enough to compete to win the big fundraising prize.

Before deciding which approach to use, you may want to consult with several people first. You may choose the opposite way you did the previous year to keep it interesting.

How would you present your big fundraising prize?

See our brochure fundraisers.

Author Bio

Clay Boggess has been designing fundraising programs for schools and various nonprofit organizations throughout the US since 1999. He’s helped administrators, teachers, and outside support entities such as PTAs and PTOs raise millions of dollars. Clay is an owner and partner at Big Fundraising Ideas.