| Last month I met with a retired football coach from | | | | obligation - No fees, no contracts, no obligations |
| Texas. He joined my board of directors to advise on | | | | what-so-ever! |
| marketing ideas. We spent about 9 hours discussing | | | | What if on that website clubs or organizations were |
| all kinds of products and services that could be used | | | | provided a special link just for them? What if that link |
| by pretty much any organization to raise funds. | | | | took people to a some kind of product that was in |
| "Coach" informed me that local schools in his area | | | | high demand, caused people to get healthy and to |
| often draw 20,000 to 30,000 people to a weekend | | | | lose weight? And what if customers or supporters of |
| football game. Fundraisers for those schools often | | | | the club/organization could purchase the product |
| involved things like holding a bottle drive, selling | | | | securely though PayPal and $10 from every sale |
| chocolates, selling cookies, or selling t-shirts. | | | | went to the club? And what if the product was so |
| I quietly wonder just how many organizations out | | | | successful that even repeat purchases by any |
| there could possibly be actively seeking new | | | | customer continued to generate $10 per sale on an |
| fundraising opportunities. I was shocked to find that | | | | ongoing basis? |
| there are between 60 and 90,000 registered | | | | You can imagine by now that Coach was very |
| organizations in America looking for fundraising ideas. | | | | excited. "Are you kidding me", he said. |
| There are even companies, websites, blogs and a ton | | | | "With only 100 people buying the product, to support |
| of social media built around identifying fundraising | | | | their team, the team would generate $1000 in |
| opportunities. | | | | revenue! And if people bought the product every |
| I decided to do some research to find out what the | | | | other month, there would be an ongoing revenue |
| pros and cons are for the typical fundraising | | | | stream for the team!" |
| organization. The answers were fairly indicative of | | | | I suppose all of that is true, but in reality, the club or |
| what I expected to find. | | | | organization could run a new campaign every month |
| | | | if they wanted to. It wouldn't be long before they |
| 1. The process requires a great deal of up front | | | | had a $5,000 per month revenue stream.... and there |
| organization. | | | | would have been none of the traditional issues and |
| 2. Products need to be acquired. | | | | roadblocks around fundraising. |
| 3. Parents need to drive kids around while they go | | | | I believe that this fundraising model is going to |
| door to door trying to sell. | | | | become the standard operating model for all |
| 4. There needs to be a good system for handling the | | | | organizations looking to raise money for their clubs. |
| cash. | | | | With the efficiency of the Internet and the security |
| 5. Accounting often causes issues. | | | | of pay systems like PayPal now, the possibilities are |
| 6. Sometimes returns are lower than expected and | | | | endless. |
| the club/organization doesn't make money. | | | | Clubs and organizations need to seek out new |
| It seemed to me that this was a very inefficient | | | | relationships like the one described above. You need |
| way of earning money for the club/organization. | | | | to find a producer willing to share the bulk of profits |
| Parents are often very busy with their careers or | | | | with local schools, clubs or organizations. It represents |
| businesses. The time constraints alone are | | | | a social contract with society - a way of giving back |
| burdensome. | | | | to society. At the same time, it is a win-win for |
| Coach and I decide to play a little "what if" game. | | | | everyone - including the parents who no longer need |
| What if an organization could simply go to a website | | | | to spend countless hours driving their kids around to |
| and join an affiliate network for zero cost and zero | | | | sell cookies! |