A school fundraising lesson courtesy of a major brand - Walmart.

Doing what's expected.

If your school is searching out a new and unique fundraising idea for fall 2010, consider this lesson from a major retailer. It reminds us why getting rid of things that people want is a risky proposition - even if it's not the most popular!

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Walmart returns items to shelves after lost sales
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To summarize, Walmart, in an effort to replace items with lower sales with new items, pulled a number of items from stores. It turns out that by removing something the community counted on, they lost the sale.

In the case of Walmart, they realized that instead of customers selecting another item in it's place, they choose to go elsewhere in many cases and do their entire shopping where they could get the specific item they were originally looking for.

When it comes to elementary school fundraising, if you can create a consistent set of fundraisers, whatever they are, you win! The Walmart story reminds us first-hand that if you remove something the customer is willing to support, they may not be willing to support it's replacement.

Concrete Examples

If you do a gift and wrap catalog sale in fall you are already doing the biggest and most profitable fundraiser of the year that we know about.

If you do a well-promoted event such as a thon or an auction and it has popularity and support within the community you are building a repeatable success as well.

If, on the other hand, you were to replace these with the newest and most unique school fundraisers, they must be more popular and more exciting than ever! As Walmart reminds us, you will lose customers just by switching to a new fundraiser the community doesn't understand or expect. Sometimes, new and unique fundraising ideas are not all they appear.

Plus, anything new and unique to fundraising doesn't sell anyway (whoops, did I say that out loud?). What seems perhaps a better way to close is to say that the world progresses by introducing new and unique things - we just need time to get used to them :)
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Author Note: I believe that there are some risky fundraisers out there for this fall. They include gift card sales for online shopping, home cookie dough delivery vouchers or any fundraiser that does not have a proper student prize program. Until there is a proven track record with these items, you may consider something else if you really have to meet a fundraising budget.
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Jay Moneta is the Vice President of Believe Kids Fundraising and I blog nearly daily here at fundraising-advice.com

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