"The Pros & Cons of a Product, Dontation, or Hybrid Fundraiser" is a part of Fundraising Academy. The video is one of a series in Fundraising Academy (Powered by InstaRaise) in Glazier Drive.
There are 3 types of non event fundraisers: Straight donation request, product sale/catalog, or a combination of the two (hybrid fundraiser).
Pros of a donation fundraiser:
- Easy and straightforward to set up.
- An online donation fundraiser allows athletes to reach out beyond the local community.
Cons of a donation fundraiser:
- People who donate may want something in return.
- There is potential donor burnout if an individual is asked multiple times.
Pros and cons of a product sale fundraiser
(Note: Product sale fundraisers should be completly online)
Pros of a product sale fundraiser
- All payments are handled by software.
- You can offer a range of products to potential supporters.
- Supporters receive something tangible in return for their money
- Costs are set per sale and you know how much you will receive per sale. Makes it easier to establish goals.
Cons of a product sale fundraiser
- Supporters may not need or want what you are selling.
- Dealing with delivery of the products you sold can be a hassle.
Pros of a hybrid fundraiser
- Combines simplicity of donations with the appeal of product sales
- Alllows flexibility as you work toward your fundraising goals