A
number of organizations are looking for various ways to raise funds for their
causes and activities. Many of us did not know that discount vouchers can be
used in fundraising. This type of fundraiser offers a myriad of benefits and it
proved to be effective in raising money for your group or organization.
Fundraising activities often involves selling
items like garage sale, bake sale and tickets for raffle. Unfortunately, these activities
are not as effective as they used to be, especially if these are held annually.
Moreover, they offer low returns since not everyone buys an item. In short, it
takes a lot of effort to set it out and offer low profits. For your next
fundraising event, consider selling discount vouchers to your members and
supporters.
Selling
discount
vouchers or coupon books has become popular to many organizations that
wanted to raise money for the group. The books contain discount coupons from
different types of products and services.
Create
Your Own Discount Coupon Book
Organizations
can make their own coupon books by collecting discount vouchers from various
businesses within your area. Although making your discount coupon booklets is
time consuming, from collecting from different businesses up to compiling them,
organizations can ensure that the coupon books are unique. There will be no
worry that there is a similar coupon book in the market.
First,
the organization must recruit businesses and advertisers willing to take part
in your fundraising event and to include their discount vouchers in your coupon
books. One advantage of this is you can also earn money from advertising sales apart
from the funds you will raise from selling the booklets. You must ensure that
you can explain to the businesses and advertisers that they can benefit from your
fundraising event.
It
is important to choose products and services that are sellable to your members
and supporters. For example, if most of your members are families, you may want
to enlist businesses and advertisers offering discounts on household items or places
where families can spend their time.
Choose
Fundraising Partner
On
the other hand, you can save some time by partnering with other third party
companies offering coupon books. There are a lot of fundraising companies that
specialize in working with non-profit groups and organizations in fundraising
in Australia. When choosing a partner for your fundraising event, there
are several things to consider. First, the company must allow you to have a fair
share of percentage from the sales from the booklets. You should also see the
discount vouchers included in the coupon book to see if your members and
supporters will most likely the booklet. Moreover, upon checking the discount
coupons, consider the location, price and duration of the promos to see
if your members and supporters will most likely benefit from the offers.
MyPhoneVouchers
is a company that partners with numerous non-profit organizations, clubs and
groups that wanted to raise more funds for their advocacies, causes and
activities. MyPhoneVouchers offers a subscription service to users that give
them access to hundreds of discount vouchers from the company’s business
partners within your locale.
The
company also offers a sweet deal to organizations by giving them 50% of the
service fee. The subscription costs $39.99 per year and organizations can take
home $20 every time their member or supporter renews the service. Thus, this
can be an annual income for organizations and charity groups. Moreover, as a
sign of gratitude for partnership, MyPhoneVouchers gifts organizers, admin
staff and volunteers 1-year free subscription to the service as well as 10 free
1-year subscriptions which can used as prizes during your fundraising event.
