Mistletoe Fundraiser Options
Our thoughts on Mistletoe Fundraisers
Mistletoe is a perfect fundraiser for schools, scouts, youth groups or other organizations, and we'd like to
help you succeed. Fundraisers are all about getting you the funding your need, so your organization can thrive.
You can decide how much you'd like to make, but to do so, you'll need to plan carefully and make a few key decisions:
- How much work does my organization want to put into it?
- What price should we sell the mistletoe for?
- How much mistletoe do we need?
- When should we have it sent to us?
The better you can answer those questions, the more profits you can make. We've included our thoughts on each of
those questions below. If you have a custom fundraising need, just let us know, we'll see what we can do.
1. How much work does my organization want to put into it?
This can be a critical question. Consider those in your organization that have committed to helping you, their capabilities, and others you might recruit to help. Can they help you, and will they want to help? At the same time, consider the pricing of our three fundraising options. As your work increases, you lower your initial financial investment and increase your profit potential.
2. What price should we sell the mistletoe for?
Almost anyone would buy mistletoe for a couple of bucks, but what about $5 or $6? What about $10? As you decide how much to charge for your mistletoe, consider who will be selling the product and to whom it will be sold. For example, if 8 year old children are selling it, you can probably get away with pricing it a little higher than if college students are selling it. Or, if you're selling in affluent areas, you may be able to sell it for more than if you sell in a lower income area.
Often the purpose of your fundraising can help determine what people are willing to pay. A fundraiser to go on a sledding trip may not be very compelling even if the seller is an adorable 9 year old cub scout. On the flip side, a fundraiser to send a group to Washington D.C. for an educational experience or to fund local community projects could persuade donors to pay more. Always be up-front and honest about what you're trying to fund.
3. How much mistletoe do we need?
You don't want to run out of product when you could have sold a lot more, but you also don't want to have a bunch of product left unsold. Both will cut into your profit potential. Here are some questions to consider while determining how much you need: How long will your fundraising event be (one day, or 3 weeks)? How many people are participating? How many donors are targeted? How sucessful have past fundraisers been? What's your pricing stategy (higher prices typically sell fewer pieces and lower prices more pieces)? How much can your organization afford to buy up front? What risk are you willing to take (are you willing to be stuck with half of it leftover so you can have the chance to sell twice as much)?
How much product you buy can make or break your fundraiser. If you don't buy enough, you won't make much, but you'll probably sell it all. If you buy too much, you end up having paid for stuff that you didn't sell. Since mistletoe is perishable, it can't be returned, so plan well.
4. When should we have it sent to us?
Fresh product looks better and sells better. Typically you need to sell your mistletoe quickly after receiving it. Once placed in the baggie, you can really only count on a few selling days. (See our FAQ section on mistletoe freshness.) Plan on your having your product arrive within a couple of days of your fundraising event, allowing an extra day or two for unexpected postal delays. If you need mistletoe over an extended period of time, we can work out an arrangement for staggered shipments of fresh mistletoe.
If you choose the other options where you assemble the product, be sure you have it in plenty of time to do the assembly. It takes time; sometimes lots of time.
No matter what option you choose, keep your mistletoe in a cool, dry location for best results.
Hopefully that was helpful to get you started on the right foot for a successful fundraiser.