Most people would say the slumping U.S. economy is a topic better suited for CNN than PTO. But the slumping economy is certainly having an impact on schools, camps and other non-profit budgets. It will influence how much money your group needs to raise and how it is spent.
Because discretionary spending has declined among most American households, it’s more important than ever to get the most “bang for your buck” by running efficient and profitable fundraisers.
Reduce Fundraising Clutter
Regardless of the economic situation, parent groups always try a lot of different approaches to raising money. Everything from collecting box tops and soup labels, to school carnivals, product sales, raffles, walk-a-thons, and car washes. Unfortunately, these activities all generate fundraising clutter – and the more fundraising your group does, the more clutter it accumulates.
In today’s economic climate, it’s vital that your group reduce its fundraising clutter. Supporters are already apprehensive about spending or contributing more money. If they develop apathy, then it becomes even tougher to meet your fundraising goals.
When evaluating your fundraising options, consider that a recent survey shows 8 out of 10 parent groups sell popular consumer items to raise money which is called ‘product fundraising’.
6 out of 10 say it’s the most profitable method for raising money with each year schools earning nearly $2 billion through product sales and SIGnaShirt Promotional Fundraisers fit the current economy perfectly in every respect.
Identify the Finish Line
Set a specific beginning and ending date for primary fundraising activities and stick to it. Without a clear target date, your fundraiser will drag on, often without direction.
Keep Energy Levels High
Communicate before, during and after the program and remind parents, students, teachers and other volunteers of your fundraiser goals and deadlines by providing regular status reports and updates.
Remember To Say “Thanks!”
Don’t forget to thank all your supporters and let them know when the fundraiser goal was met and how the profits were spent. After all, it wouldn’t have been possible without their support.
Have fun!
With the right approach, fundraising itself can bring ownership and pride to everyone involved!
For additional information on how SIGnaShirt Promotional Fundraisers boost profits while creating a ‘Fun Event’ at the same time, simply click the video link below or visit http://www.Fundraiser.Deco-Craft.com to view a fundraiser example website, provided to clients of SIGnaShirt Promotional Fundraisers.
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