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Post by coachpech on Nov 17, 2016 9:14:09 GMT -6
We are starting a fundraiser here soon and want to give the kids some incentive to sell so we're offering to buy them a duffle bag for their football equipment if they sell $300 or more worth of product. If they sell $300, we'll break even on the duffle bags. It's something we wanted to get for the kids anyway, so why not let them do the work to try and earn one.
My question for you guys is.... If you've bought these, what did you pay for a customizable one? I can't find anything under $25 online and that's even when buying 10+ of them.
Does anyone have a company or website they recommend buying these from?
Thanks
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Post by agap on Nov 17, 2016 14:12:33 GMT -6
We bought equipment bags from Riddell last off-season. I'm not sure if you mean those or actual duffle bags. I don't remember what the price was per bag.
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Post by Deleted on Nov 17, 2016 23:02:26 GMT -6
What's the fundraiser? If the duffles are $25 and you're only breaking even after sales of $300 it doesn't sound like your margins are all that great. Your margins should be at least 50%.
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Post by Chris Clement on Nov 18, 2016 8:50:40 GMT -6
Even wholesale $25 is a very cheap duffel. If you have a gear rep he can probably do some of the customization. If you can find a seamstress she can do the embroidery of names and numbers. You may be able to get that done fairly cheap.
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Post by bucksweepdotcom on Nov 18, 2016 8:58:45 GMT -6
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Post by Chris Clement on Nov 18, 2016 9:12:41 GMT -6
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Post by fcboiler87 on Nov 18, 2016 10:58:25 GMT -6
I bought some from thegraphicedge.com for our off-season competition team winners. I got them Under Armour of the largest size possible (and these things were huge) and they cost me $50 a piece. Not bad at all for such a nice bag. This also included a custom embroidery with their name and number. I think you could get the smaller size for less than $40 and that is UA. They may have some cheaper versions. The company was very good to work with as well.
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Post by coachpech on Nov 19, 2016 1:04:35 GMT -6
What's the fundraiser? If the duffles are $25 and you're only breaking even after sales of $300 it doesn't sound like your margins are all that great. Your margins should be at least 50%. We're doing a fundraiser with a very popular steakhouse in Iowa. We have 8 different bundles people can purchase. This place is as expensive at Ruth Chris, our margin on each bundle sold is 17%. Gift cards are available as well and we get 15% of those as well. I see your point about needing the margins to be bigger but that's just not reality. None of our fundraisers had a 50% or higher margin last year. We planned to buy duffle bags for the seniors anyway, the kids don't know that and it's a good incentive for them to make some sales. Not a huge deal to have smaller than average profit on this one. I ran a golf tournament for our program and a bowling tournament as well this year. Our cost per team for golf was $240 or $60 per player. The course charged us $35 a player, we had about 90. Bowling we charged $20 per person for 3 games, bowling alley charged us $7.50. Do you mind sharing what fundraisers you do that you get that type of a return.
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Post by Chris Clement on Nov 19, 2016 22:58:08 GMT -6
It's hard to assess the value of these fundraisers just by looking at the profit margins because it doesn't properly account for the effort.
Golf tournaments are good fundraisers but they aren't as good as their profit margin would suggest because they are A LOT of work.
Getting players to sell stuff has low margins but you don't put in much effort. Profit margin isn't even appropriate here because it's not like you buy the bags beforehand and have to warehouse them as overhead, it's all just throughput.
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Post by Deleted on Nov 20, 2016 0:45:04 GMT -6
We do two fundraisers per year - a pancake breakfast and a lift-a-thon. They both are not expensive.
For the pancake breakfast we have the players' families donate all the ingredients - batter, bacon, sausage, syrup, butter, orange juice, paper goods, etc. The players are then given a book of 10 tickets to sell, each ticket for 8 bucks. With 60 kids in the program, we end up making $4800.
For the lift-a-thon kids get sponsors as you'd expect. We tell them that anything they raise over $250 will go toward reducing their "spirit pack" fee (spirit pack is the UA sweatshirt, UA duffel bag, UA dry fit shirt, UA warmup suit, socks, etc.). It's surprising how many kids go over the $250. This year we made about $14 grand from it.
When I was on the board for a baseball league we did the candy bar thing and the Popcornoplis thing. Both gave back 50%. The bars are easy to sell because they're only a buck but you have to sell a ton of them. The popcorn stuff is pretty easy to sell but they're $6 bucks a bag.
The steakhouse sounds nice but 17% seems very low.
The school does a golf day with a nice dinner at the country club. It's a ton of work and a big pain in the neck.
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Post by coachpech on Nov 20, 2016 9:08:52 GMT -6
We do two fundraisers per year - a pancake breakfast and a lift-a-thon. They both are not expensive. For the pancake breakfast we have the players' families donate all the ingredients - batter, bacon, sausage, syrup, butter, orange juice, paper goods, etc. The players are then given a book of 10 tickets to sell, each ticket for 8 bucks. With 60 kids in the program, we end up making $4800. For the lift-a-thon kids get sponsors as you'd expect. We tell them that anything they raise over $250 will go toward reducing their "spirit pack" fee (spirit pack is the UA sweatshirt, UA duffel bag, UA dry fit shirt, UA warmup suit, socks, etc.). It's surprising how many kids go over the $250. This year we made about $14 grand from it. When I was on the board for a baseball league we did the candy bar thing and the Popcornoplis thing. Both gave back 50%. The bars are easy to sell because they're only a buck but you have to sell a ton of them. The popcorn stuff is pretty easy to sell but they're $6 bucks a bag. The steakhouse sounds nice but 17% seems very low. The school does a golf day with a nice dinner at the country club. It's a ton of work and a big pain in the neck. Thanks for sharing what you guys have success with, I appreciate it. How does the lift a thon work? You mentioned the kids find sponsors, do people pay per pound lifted? For their lifting day attendance? Is this a one day thing?
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