4 Ways To Profit More In Your School's Next Fundraiser
What if your school or organization could fundraise 15% more this year than you did last year… with only putting in 5% more effort? What could you do with 30% more? Fundraising campaigns sometimes feel more like charity than business events, but many business principles work with fundraising—and your organization should be taking advantage of them. Here are four business techniques that you can apply to your next fundraising campaign to raise more money while just putting in a little more work.
Teach Your Fundraisers Some Basic Selling Skills
Chances are, your main sellers are going to be kids—and kids are notoriously bad at selling. People still buy from kids because they’re adorable and they want them to succeed, but a few selling skills can actually go a long way in raising more with little extra effort. Here are some practical skills we suggest teaching them:- The Elevator Pitch — We’ve all seen a timid kid come up and ask if we want to buy something without any story or introduction. It’s cringy and awkward—and not good for selling. Teach them how to introduce themselves and your organization, explain why they’re fundraising, and describe the basics of what they’re offering.
- Benefits, Benefits, Benefits — Kids can easily learn the features of a product (fresh ingredients, high-quality), but people don’t buy features. They buy the benefits. Fresh roasted coffee means customers will wake up excited to drink the best coffee they’ve ever tasted. Low-sugar ice cream means customers can enjoy a bowl guilt-free now and then.
- Ask For Referrals — There’s no harm in kindly asking happy customers to send their friends your way. The worst they can say is “no”, but if they agree, you’ll have people coming to you (or your online store), which means less door-knocking but more selling.
- Make It Relational — Ultimately, fundraising happens because people care about the mission and the people involved. Sprinting from one person to the next doesn’t foster that relationship, but taking a few minutes to talk to customers develops connections that will last for years (and will probably cause them to spend more on your products).
These four basic skills will boost the effectiveness of your campaign dramatically, but it’ll also teach the kids involved valuable life skills that they can take with them beyond your organization.