How To Turn Donation Requests Into Great Sales Opportunities
While your first impulse is to help these organizations, you recognize
that your budget has limits and that you can't respond to every
request. So how can you still help some out and not upset those
that you decide to pass on? One tip that has worked well for me is to ask that all requests be
put into writing. I have found that this significantly cuts down
on the number of donation requests and still allows you to still put
a good foot forward. Inform the person asking for the donation that you have their
information on file and will consider them when putting together
your donation plans next year. I like to decide each year what my
budget will be and who my store will support. Ideally you want to arrange a joint promotion with the charitable
organization where your store holds a special event that is marketed
to the charity's donor list. In return you donate a percentage of the
sale event's receipts to them. This method allows you to have low
marketing costs and you only pay for buyer performance - a marketer's
dream. Another tactic that some retailers use is to create gift certificates
or dollars off coupons to give out. As an example, you could offer
a free $25 gift certificate with any purchase over $75 or a coupon
worth 40% off. In this way you not only give something of value,
you also have a opportunity to create a new customer for your
business. The benefit of doing this is that you are able to offer
something of value to every donation request and create a win/win
situation for both your store and the requesting organization.
==============================================================
Every Tuesday we send out a FREE Retail Profit Tip to those who have registered to receive our FREE newsletter. If you have not registered yet, you'll want to do so that you don't miss out on this great free content. This email newsletter is brief and on topic - we know that you're busy and don't have time to waste. In it we discuss:
- Low cost retail marketing strategies
- Easy to implement ways to increase your sales
- Proven ways to cut your overhead
- First hand insight into running a profitable retail business
To register, simply enter your name and primary email address below:
|