Fundraising Ideas: Raise Money By Referring Businesses

Fundraising Ideas: Raise Money By Referring Businesses

            Fundraising ideas should be both fun and easy aside from being lucrative. If you can, go for fundraising concepts that don’t require too much effort but offer good revenue in the end.

            Referring businesses in your community is one of the best fundraising ideas that you can try out. This is otherwise known as promo fundraising and affiliate sales. The concept for this type of fundraising program is very easy to understand. In order for you to raise funds, you need to refer or bring in new customers to businesses that offer good products and services that are highly popular today. Among the best businesses that you can choose to promote would be long distance service providers, internet service companies, cellular phone service companies, credit cards, magazines, flowers, and other types of highly competitive markets. Instead of spending money on lots of advertisements so that they can gather large numbers of customers, most of business companies today offer a good fee to groups who get to deliver new customers to them. You see? There’s nothing really complicated about any of this stuff.

            Let’s dig deeper into how this type of fundraiser program works. Before we start, you need to know that promo fundraisers are slightly different from one another. However, they typically follow the same type of approach. You start the process by registering your group as an affiliate of a company. After which, you will then exert efforts to promote their products and services to your group of supporters. Every time a new consumer is takes the desired action by the company, you get a referral fee. Since most of the products and services that you’re going to promote are highly profitable and very popular to the members of society, the referral fees or commissions for such can be quite high. For example, if you choose to promote an internet service company, you can earn as much as $25 for every single person that you get to sign up to that company.

            Now, this type of fundraiser may offer lots of money but there’s always a catch behind it. Not every single person that you approach and try to convince will want to change their phone service or ISP at any given time. This means, that you need to carry out your promo fundraiser on an ongoing basis instead of just doing this for a short number of weeks like what you do for a typical type of fundraiser program.

            To make the most money from this campaign, you need to make use of good promotion tips. Since you’re going to have ongoing fundraiser, you need to exert continuous efforts to spread the word out to your group of supporters. Provide them with good information about the different types of deals that you’re offering. Next, if you have website that’s fully functional, use it for promotions. Millions of people surf the internet every single day so using the world wide web will increase your chances of increasing your number of referrals.