Voucher
fundraising is becoming more popular form of fundraiser as it involves very
little capital and high returns for the non-profit organizations, charity
groups, schools and local clubs.
This type of
fundraiser entails selling discount vouchers to the members
and supporters. Apart from the profit earned from the sales of the discount
vouchers, organizations also raise money from advertising fee from businesses
that agreed to participate in the fundraising event.
Organizers
can make everything on their own from talking to businesses and advertisers to
selling discount vouchers and enjoy 100% of the profits or they can hire
another company to save time and take care of the vouchers and just have a portion
of the sales. Below are the four most popular kinds of voucher fundraising you
can consider if are planning to undertake this fundraiser.
Discount
voucher booklet
One of the most
popular forms of voucher fundraising is making discount voucher booklet. As the
name suggests, the booklet is comprised of discount coupons from various
merchants and businesses. Organizations can make their own discount voucher
booklet or seek the aid of third party companies offering such service.
First, organizations
or charity groups should encourage businesses to join or participate in their
fundraising event and request for discount coupons. Organizers will have to
make a layout of the discount vouchers booklet. This will require close consultation
with the businesses about the promo they agreed to offer the members and
supporters of your organizations. This will be time-consuming and a little cost
since you will be required to print the booklet.
On the other
hand, voucher fundraising organizers can ask for the help of other companies
for their ready-made discount vouchers booklet. This offers a number of
advantages. First, the booklets are readily available. It will also save you
time and effort from going around to businesses. The ready-made booklets may
include more and various discount vouchers.
Exclusive discount
card
Another form of
voucher fundraising is to offer a discount card which entails exclusive
discounts to the holder. The idea is similar with Masters Card or Loyalty Cards.
Your members and supporters who bought the card will enjoy exclusive discounts
to businesses agreed to participate in your event. The logos of the participating
businesses can be incorporated in the discount card. The advantage of this
format is it is easy to carry around as one can easily slide it in their
wallets or purse.
Discount tabs
Another great
kind of voucher fundraising is through discount tabs. This is similar in mechanics
with discount voucher booklets but different in format. Just like the tabs, you
can pull it out whenever you are availing the discounts. This is smaller than
discount voucher booklets and easier to carry around like the discount card.
Subscription
app service
Lastly, one
of the less popular form of voucher fundraising is a subscription app service
offered by very few companies. This is a subscription that will offer users a
myriad of discounts from different businesses. This offers a great advantage to
users. Since it is an app, it will be installed in your electronic devices,
which you carry all the time. It is environment-friendly since it does not use
paper. Depending on the terms of the company, subscription is usually for a year,
which means that users can enjoy hundreds of discounts for a whole year.
One of the
few companies that offer this type of voucher fundraising service is MyPhoneVouchers.
The company has hundreds of business partners that give discounts in a period
of time. Moreover, the app makes use of the users’ location to customize the
discounts that will appear in their account to front those that are offered
within the local area.
