Truthfully, the only difference between you and fundraising experts is time. If you’ll invest a little more time in reading, you’ll be that much nearer to expert status when it comes to fund raising.
A Scratchcard or a discount card holds sixty “scratch-off” colored circles in a tiny tri-fold booklet. Fund raising supporters are instructed to “scratch-off” the circles to reveal the amount that they will contribute with the highest contribution amount being about $2.50.
Scratchcards are a simple way to donate for any cause. Each individual who donates obtains a coupon containing over 75 dollars worth of redeemable or exchangeable goods at top retail stores as “Thank You” gifts. The nice thing about a Scratchcard is that each one can generate up to 100 dollars!
All cards may be personalized for your group’s specification with no up front capital. Your group can obtain revenue of $10 per card. They normally yield 10 units average sales per seller. Along with 80-90 percent profit margins, discount cards generate substantially more profit compared to other fundraising tools available. They are non-perishable and with their compact size, they can be taken anywhere. This makes them a very convenient fund raising source.
Discount cards are designed on the basis of donating a small amount and not having to make an “overpriced purchase”.
There are generally 3 kinds of discount fundraising cards:
1. Shopping discount card. They are wallet-sized discount cards filled with an assortment of preset discounts. Typically they contain special savings offered either by a percentage discount or a fixed amount by retailers.
2. Discount pizza card. A kind of discount card having a tied offer to only one merchant, typically a national food chain. It typically gives out “two- for-one” offers on each order. The card generally costs around 10 dollars and can be used approximately 20 times in one-year.
3. Discount fast food card. Restricted to only one “fast food chain” and limited to one or two branches or franchises of that specific food chain.
Offers of discount cards differ by company, but normally provide a corresponding main item when you buy the same item. For instance, at Burger King, when you buy any sandwich, they might give you a hamburger, for free. At Subway, they give away free chips, a cookie or soda with every sandwich purchase.
Most dealers will provide discount cards to a group on credit terms, making discount cards excellent school fundraisers since you can offer these cards to your fund raising supporters as an instant sale item, making the delivery process easier.
So rather than depending on your fund raising supporters’ open purchasing power, why not take advantage of the everyday spending of your fund supporters’ on “fast food” meals? They really aren’t necessities; however they are deep-rooted spending habits acquired by many families.
Now you can be a confident expert on fund raising with discount cards. OK, maybe not an expert. But you should have something to bring to the table next time you join a discussion on fund raising.