YoYo’s World

I’ve decided to expand my business a little more. Fundraisers are always fun and very helpful for non-profits and communities alike. I am always very supportive of Fundraisers; I always make sure I have change for UNICEF or St. Jude’s. What I want to do now is making it easier for organizations to raise money by being able to offer a Fundraiser discount.

Let me explain a little bit about the pricing process I use with CafePress.com. The company shows me what the T-Shirt design costs at a whole sale price. Now I take that whole sale price and multiply 15%. That’s my markup percentage. So for each shirt I’m making no more than about $2. CafePress.com offers an amazing discount for bulk items. The buyer receives a 35% off each individual item off their whole sale if they purchase at least 15 or more of the product. So take for example a very generic plain white T. Normally, whole sale is $14.99 (retail would be $16.99). Just multiply 14.99 by 35% and you get roughly $5.24. $14.99 - $5.24 = $9.75.

Of course, in addition to $9.75, the customer will have to pay for shipping, but with fundraisers I’ve seen the shirts go all the way up to $15. Depending on how well I know the foundation, I would be willing to pay $15. Usually, with the Breast Cancer Foundation, shirts on campus cost around $12. So not bad.

Unfortunately the organization has to have a bit of money in order to raise money. I have not yet resolved this situation other than actual donation, but I’m working on that. This works the same way with Krispy Kreme donuts too. You need to buy I think around $75 worth of donuts, minimum, and you just go out and sell the donuts at whatever additional markup percentage you want. It’s really a great way to raise money because those donuts are so darn good. = )

I remember in high school we would do Fay’s Barbeques. Fay’s BBQ was this company that went to organizations and bbq’ed for the basically. You would sell meal tickets for I think between $9-$12 and you would take these tickets on the night of the BBQ and you would redeem it for food. The food was always AMAZING so it brought it a lot of locals. A portion of the proceeds was also donated to the organization that was sponsoring it. That was always a great way to raise money where I’m from.

There are many other ways to raise money. Take for example you are apart of a soccer team trying to fix up your field. Let’s say you guys really need a new fence. Well, go around to businesses and say “We need money to build a new fence, so if you would like to contribute this much money we will give your advertisement space on our fence when it’s build.” You can open this offer up to multiple businesses if you want and it’s a really great way to get those important things like fences. You put no money down and you gain a fence. It’s a sweet deal.

I hope anyone trying to find ways to raise money have found this useful. I will try to help you in any way I can so drop me a line or leave a comment. Good luck!!

Just remember, pass it on.

-YoYo

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