subject: Team Fundraising: Using Prizes And Incentives To Increase Sales [print this page] Team Fundraising: Using Prizes And Incentives To Increase Sales
Do you want to increase the number of sales that youre going to generate from your next team fundraising campaign so that you can get the funds that you need within the shortest period of time possible? Or would you like to go over your fundraising goals so that you can have some extra cash for your other projects? Then you need to have a look at using prizes and incentives. Now, you may ask, how will these things help me increase my groups sales?
In a team fundraising campaign or any other fundraiser out there, motivation is very important because this acts as the drive that will tell you, your volunteers, and your customers to take action. If people are not properly motivated about something, they may be willing to do it but the performance that they are going to portray may not be that good. The use of prizes and incentives is really good because these things work in two way in the sense that they will allow you to motivate both your volunteers and clients. There are different types of prizes and incentives available for use nowadays. First among these are those that are intangible. These are the ones that do not have any cash value. Even though these things are not worth a single penny, they have been proven to be really powerful motivators. In addition, they also provide high amounts of entertainment to people. A good example of these would be allowing volunteers to throw pies at their leaders or spearheads if they get to meet the fundraising goals that the group has set. You can also try giving your volunteers the chance to draw on the faces of your spearheads if the amount of money that you need is raised by the time your fundraising campaign comes to a close. These types of motivators are really fun for both volunteers and organizers because they provide a sense of thrill and excitement, which will allow everybody in your group to get into a hype to work really hard.
Next to intangible prizes are raffles. These basically involves giving sales volunteers who get to sell out a certain number of products to get one ticket in a raffle draw so that they can get the chance to win different items. If you want to hold a raffle after your campaign, it would be good for you to get your prizes from local establishments in your area so that you wont have to deal with extra expenses, which we all know can decrease your net profit later on. If you want to get everybody highly motivated to work real hard, you can offer team prizes. In here, you will be rewarding the best performing team or committee in your group.
For your customers, you can try to offer scratch cards in exchange for a certain number of products that they buy. On the other hand, you can also place in some discount cards in some of your products and tell your customers that they may get the chance to get those if they buy from you.
