Article by Sam Stein
Still selling cookies, chocolates and candles? Still making profit margins of 25 – 50 %? It’s time to change and make serious profits with this unique Australian concept.
On the average list of fundraising ideas you will find many suggestions. However, you need to look at several factors before you determine how effective these fundraising ideas will be for your purpose.
1. Is the product easy to sell?Is it something your customers really need? If the product is a necessity item, sales are more likely to be much higher and more frequent. You will have regular, repeat sales all year round.
2. Is the product unique?Is the market already well catered for with the type of fundraising product you are considering to sell? If the product is new, consumer interest will be much greater.
3. Can the product be labelled specifically for you?This gives you more opportunity to promote and advertise your organization.
4. Is it a product your organization’s members would be interested in buying? If the product you are selling is an item your own members would not buy, you should reconsider keeping this on your list of fundraising ideas.
5. Is the product profitable?Some fundraising products offer profit margins of only 25 – 50 % and the unsold portion goes to waste, reducing your returns. But if you make your own products, the profit margins can be as high as 500 – 1000 %.
On the top of your list of fundraising ideas you should consider making your own range of cleaning products, toiletries and cosmetics. These products fulfill all the above criteria for making a successful, long term and highly profitable fundraiser.
These are everyday necessity items, used by you, your family, your friends, your members, businesses and the general public. Unlike most products on the average list of fundraising ideas, the market is not saturated.
These fundraising products can be labelled with the logo of your organization or any other design to benefit you.
Cleaning products, toiletries and cosmetics have a long shelf life, minimizing wastage and thereby maximizing profits. They are exceptionally easy to make from home or workshop – no special equipment or qualifications needed.
Because you are the manufacturer, you can make only what you need, and all the profit is yours.
Cleaning and cosmetic products make a great stand alone business for individuals or couples, as well as being a prefect addition to the list of fundraising ideas for organizations.
About the Author
Sam Stein is a retired chemical engineer from Australia. He is the founder of AustraLab Australia, a unique business concept which reveals the high profit secrets behind the chemical and cosmetic manufacturing industry. To learn more about how you can become part of this multi-billion dollar industry, see http://www.australab.com
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