Thursday, November 18, 2010

Middle School Fundraising: Earning Money With Scrip Fundraising

Middle School Fundraising: Earning Money With Scrip Fundraising

            Scrip fundraising is one of the freshest unique fundraising ideas today. This has helped out numerous schools, churches, charity groups and organizations to raise money. This means that this will serve as a perfect fundraiser idea for your middle school fundraising campaign as well.

            You may be asking yourself “what is scrip middle school fundraising”? Let me give you the meaning of the term scrip first. This term basically refers to substitute money. This is used to take the form of vouchers from retailers. These are sold with a discount in high schools, churches, groups, and organizations. These are then used by people to purchase different types of goods or products as well as services from retailers. The amount of profit that you will be able to generate from this type of fundraiser idea depends on the difference between the price that you will be paying the retailers so that you can get your supply of vouchers and the price at which you will be offering these to people in your community. Getting your supply of scrip vouchers will be an easy task as to the reason that a lot of retailers offer these for a low price to groups, schools, charity groups, and organizations who would like to raise funds for a cause because doing so will serve as a good marketing exercise. This will place them in a position where they will be able to give people an impression that they are exerting efforts to help people in their community. As a result, this will allow them to gain a steady stream of customers.  

            On the side of customers, these discounted vouchers will allow them to get good discounts for their purchases while giving them the chance to support the schools or charity organizations that they like. With this, you can make use of scrip fundraising as a steady source of income all year round. This will allow you to have a regular flow income, which you can use for the different expenses that you may have.

            Let us now discuss the process of how a scrip fundraiser works. Most of the time, this is typically run or organized through the help of brokers or agents. These companies will basically serve as the middle men between people who would like to raise money and retailers. Through the help of brokers or agents, the whole process is simplified and in turn allows the participation of a large set of local and national retailers. Before choosing the company that will handle your supply of vouchers, make sure that you take the time to check their credentials as well as the different brands that they will be able to offer you. The best kinds of vouchers that you can use would be those that are intended for groceries, clothes, fuel, and restaurant chains as to the reason that these are the most commonly availed products of people today. On the other hand, you can also try considering vouchers for electrical goods and holidays, and homewares.



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