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Fund Raising
The definition of fund raising is simply raising money. Usually it is for a worthwhile cause and these funds are used to further the mission of an organization. Fund raisers are another way that dealers can generate year-round sales. These events can produce great interest and provide your company and Create-A-Book books with a positive image. Fund raisers are different from your on-location sales, Give-A-Book projects, hospital programs. Usually, the organization provides the labor of selling the books and you become the supplier. Many dealers have participated in successful fund-raising projects using Create-A-Book books. Here are some guidelines to consider when thinking about a fund-raiser. What are the different ways to manage a fund raiser? Basically there are two types of fund raisers. One is called interactive and the other is passive.
How do I find a fund-raising group? Check with your local Chamber of Commerce for the names of different organizations in your community who do fund-raising activities. We contacted the local Chamber of Commerce and compiled this list that may have a local chapter in your area.
How do I determine which group to approach first? Research the groups and organizations to find out about their goals, interests and missions. If they are into children and/or educational projects, then this is a natural product for their fund raising campaigns.
How do I get started?
Call or write for more information:
WBNA
What organization in your community receives the most individual
contributions?
What are the possibilities of doing fund raisers with public and private schools? At the Preschool, Nursery or Day Care Level: Good. Fund raisers with private nursery schools, day care centers, or pre-kindergarten programs usually do not entail much paperwork. Contact the owner, manager or person in charge of the budget for the facility. The sticker books are especially great fund raising items for children this age and their parents. It is a good idea to set up a demonstration for the children by bringing in your computer system and showing them how to make a book. This becomes an educational interaction between the children, their parents, and the operators of the centers. Children love learning new things, and are being introduced to computers earlier each year. Their natural curiosity encourages them to find out how things, like books, are made. Make an appointment by phone to stop by and show your product to the owner/operator. Take sample books and a letter for each child to take home to their parents inviting them to come to the demonstration also. Explain how much money the school will get for every book sold. The profit split is negotiable. However, two to five dollars per book is about average. Try to determine before hand the amount of money the school is looking to make and set percentage accordingly.
At the Elementary Level: Very good. However, talk to someone on your local board of education before working directly within the local public school system. A good lead would be to talk to a teacher, the principal, the superintendent, or the president of an individual PTA/PTO organization in each school. A suggestion for initiating a working relationship with the PTA/PTO would be to donate a set of books, in their name, to the school library using teacher's names as the main characters. Instead of using individual names for friends, type in a phrase like "the third grade class," "his/her third graders" or "the class of 1996," etc. For books that require an additional adult character, insert the principal's or librarian's name. Customize each story line provided as much as possible. It is important to use names of people that most of the children in the school will recognize. Using the head librarian's name, in at least one of the books, may insure her support for getting the book into circulation. When you do a project like this, you will get to know the president of PTA/PTO. Hopefully the president will get to know your company better. Once the books are donated you can then suggest a form of fund raising for the PTA by using your Create-A-Books. One form of a fund raiser for the PTA might be to hold a book fair. Book fairs can also be used as a fund raiser for the school or the school library. Again, it would be educational to set up your computer and manufacture the books on the spot for the children attending the fair. This type of arrangement is similar to the RIF (Reading is Fundamental) program because the children get to choose their own books. And even better, the children can watch their Create-A-Books being published on the spot. RIF programs generally require corporate sponsorship. (This is how RIF is funded.) Contact the local chapter and request a list of their continuing sponsors. Another option would be for the PTA/PTO to buy the books for the students, since the funds they earn are usually used to buy things for the children. This is only true if the fund raisers of the past have been successful and the PTA/PTO has money left in the budget.
At the Junior High or Middle School Level: More schools are developing "Partners in Education" programs in their communities. This involves a 6th or 7th grade level class, a business sponsor and a recipient 2nd or 3rd grade elementary class from a school near by. Check with your Chamber of Commerce to see which companies already have one of these programs in place. Make an appointment with the Company. Your mission is to see if the company would like to give books to the children of the school they are sponsoring. Offer the company a bargain price if they purchase a book for every child in the program. Or, offer a percentage back from every book sold by the junior high class.
At the high school Level: Because government funding for our public schools systems is constantly being cut, high schools are looking for ways to generate funds for all extracurricular activities. Art supplies, science projects, drama and/or music programs as well as athletics and their supporters are being forced to provide their own capital or do without. The state lotteries do not seem to be providing the revenue they projected. Get a list of curriculum items that are losing budget money and make a presentation to the class. (Check the local, state and national sections of your local newspapers to see which government cuts are affecting your schools.) 4-H, FHA, Junior Achievement and many community clubs have clubs in the local high school. Academic clubs are always looking for community involvement ideas. Contact the high school extra curriculum coordinator and set up a time to make a presentation to the club of your choice. Be creative. One dealer contacted a computer club and donated a copy of the Create-A-Book software for the McGruff book. The students studied the software, then contacted businesses and got sponsors for the program. They then collected the data necessary to complete the books, purchased the inventory from the dealer and successfully carried out the program. They received community recognition for all their hard work. The elementary students each got a free book. Sponsors were delighted by the high school students ability to carry out the program and the dealer has access to a repeating McGruff program that does not require much work.
What are the possibilities of a group repeating a fund raiser using our books?
Most organizations are very desirous of repeating projects that have done
well. Again, the service provided and the community exposure developed will
determine whether your fund raiser will be a success. In other words, once
group approval is granted, and you willingly work with them to make their
fund raiser easy and profitable, they will want to do it again and again.
Initial Steps for your Fund Raising Project
If you prepare the contract, include some or all of the following information: The date, whom the agreement is between (your business name and the individual's or complete organizational name) and what the terms of the agreement are. Included information would be:
Now that you have obtained approval to initiate a fund raising program, you will need to work with your contact person to set up the event and coordinate the project. Enthusiasm is contagious. The more interest you can generate in the project, the more successful will be the outcome.
Implementing the Fund Raising Program Determine if the group will be using catalogs, samples or actually carrying the sticker books door-to-door. Some groups may want to utilize the talent within the organization and develop a brochure or flyer especially for this project. Other groups will simply want to have a set number of sticker books on hand as a goal. For instance if the group will be receiving two dollars per book sold and they need to make two hundred dollars in order to reach their goal, they may go ahead and order one hundred books. This means that as soon as the books are gone, they have reached their goal. If the project is going well they may even reorder books before they run out and extend their own goal.
Make sure the group understand how to fill out an order form for the books. Provide answers to commonly asked questions about the order form. Explain the value of the information provided for the books and the prominence of the organizations endorsement of the product. Each attending member should have an order form to fill out themselves. This will allow them to become familiar with the questions asked. Do this even if you are using the sticker books. You can have your volunteer sales staff take the time to have their customers fill out the postcard in the front of the sticker book they have purchased and return it to you with the money for the book. The customer does have the option, however, of waiting to fill out that order form until they are ready.
Collect the completed order forms and divide the monies collected. If using the sticker books, you will probably get your money up front and the group will keep whatever they collect. If they are returning the postcards for fulfillment, make sure you are on time to collect them. If using order forms and conventional books, set a time when you can get together to collect the order forms, order the books and set a time for production.
Make the books. Check with your contact and make sure you have all the information the organization wants in each book. (Use the sponsor page) Check all the information on the order forms and contact those customers who omitted information or wrote the information illegible. Ask the organization if they would like to include a "Thank-you for your support" notice in the book. This is usually a loose flyer or pamphlet provided by the organization for distribution about the groups upcoming events. Dealers don't usually provide this but many take the time to include the material with the finished book.
Deliver or mail the books to the group responsible for the fun raiser. The books will usually be delivered by the group with a personal thank-you from the members. However, with sticker books or if they elect to have you mail the books yourself be sure to include the cost in your initial price. If using sticker books include re-order forms and the groups pamphlet or flyer with the completed sticker sheets.
Generating Publicity Once you have a fund raiser project in place, you will want to create some publicity. This will provide the group or individuals with whom you are working with favorable responses for the community. Check with your contact person and see if they have an outlet for public awareness of their cause. If they do, send a press release to them. Send press releases about the fund raiser to all public radio and television stations in the community. The group may want to help create their press release. This usually results in articles written in the local papers. If the project is very successful you may even see one of your articles get picked up regionally or even nationally. This will lead to other fund raising groups.
Dealer Follow-up Be sure to send a thank you note to any contact you made this year. Even if a group does not use your books as a fund raising item this year, they might next year. It's always a good idea to leave a them with the feeling that you will be supportive of future events.
Billing the Organization Some of our dealers have chosen to use a monthly billing cycle when dealing with on-going fund raising projects. However, you may find it easier to bill on a weekly basis, based on the numbers of books made. You can type up an invoice for the amount you are charging. The group may want you to keep track of which individual made the sale and when the book was completed and/or mailed back to the customer.
Conclusion Fund raisers are a great way to expand your business. You are not limited to the Christmas season, and there is no rent to pay. This method of sales is virtually risk free. Re-read the above information from time to time to absorb the material, and then go out and get yourself several fund raising projects. You will find the experience rewarding!
Addendum Listed below are examples of feature vs benefit selling. Features
Benefits
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