Wednesday, April 10, 2019
Sunday, February 24, 2019
The “Reality” of Donated Items: What is the true value of donated items?
Before I give you the answer, just
imagine these facts:
#1 – Today there are 104 million
registered U.S. Non Profits – many have charities which could be considered
sub-charities for which there are at least 50 million. Adding those into the 104 Million, we are now
up to 154 million, and then consider the “Benefit” events. A “Benefit” Event is when a group of people
organize a fundraiser for a specific cause which is NOT a charity such as storm
damage, illness of a child etc. Adding
these “Benefit” events, we are now nearly 200 million charities or
organizations across North America holding fundraisers.
#2 – The U.S. Census reports that
there are 27.9 million small businesses in the U.S. with a total of a little
over 65 million total businesses.
These are facts reported by the Small
Business Administration, a part of the U.S. Government – you can find these
facts by simply running “How many businesses are in the U.S.” on Google.
Comprehending and fully understanding
what this means is that for every business – there are a total of (3) more
charities.
Each one of these businesses are
owned and operated – 27.9 million are small businesses.
Let’s pause for a minute – as you can
already agree, the number of charities compared to the number of businesses
(especially small businesses) are staggering, don’t you agree?
However, here is the reality – most charities
across the United States still believe that fully donated items are the only
way to hold a successful event. They
believe that businesses should fully donate items because they are deserving –
which they are.
Here is the myth – Charities believe
that fully donated items are 100% free and that they will either raise 100% of
the value of the item and again, that this is the only successful method
fundraising and that utilizing items they have to “Pay” for is unsuccessful.
Hold on – here is where you won’t
want to hear the “Reality of donated items and their true value.”
The Reality:
This video is a client in Twin Falls Idaho speaking about the "Reality of Donated Items" - This is not us saying it, it's a charity!!!
This video is a client in Twin Falls Idaho speaking about the "Reality of Donated Items" - This is not us saying it, it's a charity!!!
The reality is, businesses across the
country are BOMBARDED by charities requesting they donate items for their
charity fundraiser.
***BW Unlimited LLC. did a comprehensive
3 year study comparing the success rate of donated items while also
interviewing well over 500 business owners about this topic.
The reality is this – business owners
cannot possibly donate to every single charity, organization or group who asks
for a donation. Many companies have put “Stop
Gaps” in place to deter or defer these requests. They use the method of telling these groups
to go to their website, fill out a form or provide them a form and it will be
sent to their corporate office who will determine if they will donate. They know that 80% of people will not
complete the task and it also allows an entity away from their business to say “No.” It’s simply a “Brush Off.”
Next, we must understand that
business owners (especially small business owners) must pay their bills to keep
their lights on. They cannot possibly
donate to everyone because they have to keep their doors open. Business owners report that they will
commonly donate items which are not selling in their stores – basically items
no one wants.
Charities are still repeating the very
old but untrue statement of “It’s tax deductible” when the reality is that businesses
can only claim 30% of their donations and after that…they are losing
money. That statement is simply
FALSE. This changed when President Obama
changed the tax laws.
Consider this as well – A local
charity is hosting a fundraiser in a local place with local people attending
the event. If the guests wanted those
items, they would have gone and purchased them themselves.
Common items you see in every charity
fundraiser are – Gift Certificates/Gift Cards and Gift Baskets. However, ask yourself these questions and
answer truthfully:
#1 – Have you ever bought a Gift
Certificate – for yourself? No.
#2 – How many Gift Baskets did you
give to your family or friends for the Holidays? No.
The 3 year study proved this to be
true. The reason these items are not
successful in charity events is based on the very first word in their
description “Gift.” People purchase
these items to give as “Gifts” but not for themselves.
Donated items, across North America,
are only bringing 1/8th to 1/4 of their retail value. At the very most, very uncommon, will bring
50% of their value.
If you are the charity, deduct the
time and fuel costs to get these items.
If you are being true to yourself and being open minded, are these items
“Exciting” or do they appear to be like a “Yard Sale” without a theme?
Simply put ladies and gentlemen, if
you still believe donated items are the best way to raise money, you are unequivocally
mistaken.
Then add in this – Rarely do business
owners donate anything of great value.
If they do, they are most likely a part of the charity. However, (This is a very real scenario and we
have witnessed it first hand), imagine when the item that they donate does not
raise 50% of its value, what does that say about the business who donated
it? It actually “De-Values” their store
and their items. We have witnessed
donors get up in anger and leave the fundraisers.
I know you’re asking me this question
now “So are you saying donated items are bad?”
No, not at all – but there is a way to ensure they are successful and
still bring 100% of their value if not more – Raffles. Raffling donated items ensures full value
since everyone will purchase a raffle ticket.
Another common mistake that charities
continue to do is to use the same donations year after year. The very first year, the item will bring it’s
maximum bid, the next year the audience gets smaller and smaller which means
less and less money is raised using the item or items.
To summarize – please understand the
facts surrounding the “True Value of Donated Items” and the reality of charity
fundraising before you make an assumption or a mistake with your next charity
fundraiser.
If you would like our help maximizing
your next charity fundraiser, raising above and beyond your goals – contact us,
we would love to help you. Understanding
the “Reality of Charity Fundraising” is part of the road to your success.
BW Unlimited Charity Fundraising is a
North American Charity Fundraising Leader in a “One Stop Shop” convenient
setting. Contact us at www.BWUnlimited.com.
Sunday, February 10, 2019
Charity Myth "BUSTED"
Charity Myth "BUSTED": Many charities believe that it is a bad decision to utilize auction items which are "consigned" - OR - the employees of the charities believe that the charity itself has a rule that they can not use them. The question is why? ✔
To prove this is a myth and/or a mistake, answer these and see if it makes sense:
❌ Aren't employees of the charities paid to help them raise awareness, ultimately raising funds?
❌ Does the charity pay a landlord to rent office space?
❌ Does the charity pay for office furniture, a copier, supplies and marketing materials?
❌ When holding a fundraiser, does the charity pay the venue, pay for food & drinks and then mark up the cost of the tickets?
❌ Some charities attest that their donated items sell for their retail value if not above, however can not prove this to be fact.
❌ Charities rarely know their fundraising event "Net" but report the "Gross" to their Board of Directors.
❌ Does the charity pay for Decorations, a band or DJ?
The answer to all of these questions is "Yes." So why then when making the most important decision about the items which will raise them the maximum amount of money have to be donated or free?
✔ Without checking the reality of the bids, isn't it true that charities never go back and check the winning bids on the donated items in comparison to their retail values?
Does that make sense? It's common sense here.
✔ Do charities track what the "Free Items" actually cost? They sell for 1/4 of what they are worth, many don't sell at all, the time it took to get donated items plus the fuel expenses?
✔ Charities who believe this is a wise decision further decise to agree to major expenses up and to the point when the most important part, fundraising is at play. They pay for everything else but the items they need to raise the money with.
✔ The Answer - A (3) year intensive study across the United States proved that donated items only bring maximum bids of 1/8th to 1/4 of their retail value and many do not receive bids at all.
✔ Charities host local events, with their guests are from the same area with items donated by local businesses.
✔ The facts are that if the guests wanted those items, they would have gone and bought them theirself.
✔ During the study, 175 business owners were questioned about their donation habits: All reported that they are repeatedly asked for donations and can not give to everyone. If they do donate an item, it is something that is not selling in their stores.
These are facts, this is reality. So why then do charities believe this is a profitable way of fundraising?
If you would like our help or would like to contest this, please comment below or contact us at www.BWUnlimited.com.
.
.
#fundraising #charityfundraising #charity #fundraisingsuccess #auctionitems#charityauctionitems #auctionitem #bwunlimited#bwunlimitedcharityfundraising #instagood #nonprofit #charityauctionitem#nonprofitorganization #nonprofitorganizations #myth #mythbusted
.
.
#fundraising #charityfundraising #charity #fundraisingsuccess #auctionitems#charityauctionitems #auctionitem #bwunlimited#bwunlimitedcharityfundraising #instagood #nonprofit #charityauctionitem#nonprofitorganization #nonprofitorganizations #myth #mythbusted
Sunday, January 27, 2019
THE “SECRET”: How you and your charity can raise much more money utilizing this “Secret Fundraising” tool.
Note: Only the people who took the time to read
this will benefit from it.
Prior to
launching our company, I was involved with several charities involved in the
outdoors. One of the company’s I was
extremely familiar with was and still is “Ducks Unlimited.” Last year, as reported by Charity Navigator,
Ducks Unlimited Total Net Profit was $195,923,938.00. “DU” as they are commonly known by, is a
fundraising machine. This one charity
has fundraising so figured out that they make nearly $200 million dollars each
year. Incredibly successful.
What does “DU”
know that you don’t? They mandate that
anyone fundraising use high quality items which they supply. Now, the items which they supply are not “Consigned”,
the fundraising entities (known as chapters) have to purchase the items
directly from “DU.” After the
fundraising events, the cost of the items is deducted from the Gross of the
event. What does “DU” know that you don’t? The answer is this – they, as well as other
charities who have adopted this practice, know that they must have great items
in order to make much more profit.
Believe it or not, they do not want donated items.
When we
started, our company identified the fact that there were currently 104 Million
charities in the United States. We then
took the idea from charities like “DU/Ducks Unlimited” in regard to using high
quality items and began to introduce it to the charities outside of the outdoor
charities. However, we decided instead
of trying to sell these products to charities, we would consign them. We came up with the plan that charities would
be able to use our items, mark up the starting bid above our costs by at least
20% and no matter how high the profit, they would keep 100% of it. If the item or items did not sell, they could
simply return them at no cost to them. I
understood the importance of it and the fundraising impact it would have for
charities – but unfortunately, the charities did not.
Immediately
we were met with resistance. We heard
commonly “Our charity does not allow us to use items we have to pay for” or “We
only accept donated items” or “We are against using items that are consigned.” What they failed to understand or realize is
simply this – they pay for the venue which they are holding the fundraiser,
they are paying for the food, the decorations, the printing costs, the bar and
everything else but when it came to the tools which would help them raise the
money they need, their thought process shut off completely. They wanted and would only accept totally
free items.
Over the
many years we have been in business, we have studied every single fundraising
trend there is. After specifically
studying donated items, we found that donated items only bring 1/8th
to 1/4 of their full retail value. Why
so little? Because the event is attended
by people who live locally, the event itself is local and the items are donated
by local businesses – if the guests wanted them, they would have gone and
bought them themselves. Furthermore,
after speaking to the same businesses who donated – they informed us that the
items they donate are ones that are not selling in the stores. People are always looking for a deal. The most drastic thing that stood out is that
two (2) of the most common items used in fundraising events are Gift Cards and
Gift Baskets. I have asked our clients
for years this question “How many Gift Baskets did you give away to your family
or friends for the holidays?” and every single time I have been told “None/Zero.” Furthermore, I’ve asked everyone how many
times have you bought yourself a Gift Card?
Again, they laugh and say “Never” – that is why they are both called “GIFT
Cards / GIFT Baskets” because we give them away as gifts. No one will ever pay anywhere near what they
are worth based on this simple observation.
But yet, every single day, charities across the nation still insist on
getting and using these unsuccessful fundraising items as the keys to their
success.
No matter
how hard I tried to tell or convince them, they were not going to do it. Slowly, charities began to accept the idea
and started using our items. Those
charities experienced immense profit and would commonly say “This sounds too
good to be true, what’s the catch?” My
response was and still is “It’s good and it’s true, but it’s not too good to be
true – there is no catch” and I put it (our policy) in writing on our website
and in contracts. Slowly it started to
catch on.
Then one
evening, as if a light bulb went off, an idea came to me which would
revolutionize the use of our items and could possibly even change the thinking
of the charities who refused to use consigned items or items which they had to
pay for. I am going to share it with
you and you too will realize just how brilliant it truly is.
The Secret
is “Underwriting” or Sponsoring the items themselves.
As you are
already well aware of, routinely charities offer differing sponsorship levels –
Gold Sponsorship for $5,000.00, Silver Sponsorship for $2,500.00 etc. Some sponsorship's are much higher. However, the fact of the matter is, most
people can not afford these levels of sponsorship. However, they can afford much lower, much
more affordable monetary sponsorship's such as $250.00.
Here is the
Secret – Businesses such as Real Estate brokers and Agents, Doctors, Lawyers, Accountants,
Dentists, Consultants etc. have nothing to donate other than money. These people are never approached and asked
to donate unlike your local jewelry store.
However, if you offer them a chance to “Sponsor” or “Underwrite” the
cost of an item, they will. Let’s say
you approach Jane from ABC realty. Jane
looks at the items available, chooses one and writes you a check for the cost
of the item. You then place the item on
your Live or Silent Auction with a tent card in front of it reading “Sponsored
by Jane Smith, ABC Realty”, while marking up the “Starting Bid” 20%. When the item gets bid on and no matter how
high it goes, you and your charity now keeps 100% of the funds brought in
because “Jane from ABC Realty” paid for the item and received marketing in
return. WIN WIN.
Now here is
the best part of “The Secret” – If the item does not receive a bid, you simply
return the item back to BW Unlimited and you keep the sponsorship money “Jane
from ABC Realty” gave you. You can not
lose.
Using this
secret “Brought to you by the great people of BW Unlimited Charity Fundraising”,
you will raise more money then you could ever dream of while giving many more
people an opportunity to help you.
For secrets
like this and many more, contact us at www.BWUnlimited.com. We would love to help you EXCEED your
fundraising goals each and every year.
Friday, January 18, 2019
FEAR - Why Fear is your worst enemy
As a
national business owner, I listen to business books (I listen to books on
Audible while I drive or in my office because I don’t have the time or the
attention span to read them) and watch videos of some of the most successful
people in the world. They all share
something in common – their messages.
Oddly enough, if you read them, watch the video’s and listen or read the
books, they all same the same things.
And here is probably the #1 thing that separates the successful from
unsuccessful people.
Fear kills
ambition, fear kills growth, fear kills dreams and goals. Fear is the #1 reason for two (2) things but
they are the reverse of each other:
#1 – Fear
keeps most people in their comfort zone.
They are afraid of leaving what they know and going outside of their
comfort zone because of fear. Fear of the
unknown, fear of Risk, fear of the “What if’s.”
They would rather be miserable and accept what they have instead of
seeing what they could have – if they only leave their comfort zone – but nothing
grows there in their comfort zone and the scenery never changes. They blame and hate successful people because
of their wealth etc.
Versus
#2 – Fear is
all a part of success. Successful people
live outside of their comfort zone and know that “Without Risk there is no
reward.” In the beginning, they were
afraid but decided to move passed it and try.
They made mistakes but used those mistakes to make them better. They climb the ladder of success by initially
getting over their fear and getting use to risk. Their comfort zone does not exist and they
thrive outside of it. They are hated for
their success but it only fuels their desire to become more successful. The reason the “Rich get Richer” is because
they are used to risk and have learned that fear is all a part of the
journey. The “Rick get Richer” because
opportunity finds them and then they take the risk and become even more
successful.
Why am I
writing this? Because recently I was
speaking with a charity who needed our help in the worst way. Their fundraising efforts were not successful
which also stunted their growth. While
speaking to them, they had all the parts and pieces to make them successful
which made me even more excited because I could see their fundraising event
being incredibly successful. However,
their board saw it differently.
Even though
our fundraising resume is vast with many more 5 stars reviews and recommendations
than anyone ever needs, with a track record of insane success with our charity
clients – they were afraid. Their fear
had them questioning our integrity even though you can’t swing a stick without
coming across our successes. Ultimately,
their fear stopped them from moving forward.
Even though I had clearly explained how they would profit, their ears
were closed to my words because FEAR was the cause. Their FEAR will ultimately stop them and
possibly even force them to close their doors.
However,
within a day or so, I met with another charity who had the same fear
initially. Prior to meeting with us,
they thoroughly “Vetted” us and found out everything they needed to know. But after hearing everything I had to say,
answering all of their questions…they were so excited, they jumped on board
quickly and we started planning two (2) events while also helping them with
other fundraising efforts.
What’s the
moral to the story – there is no plank that you have to walk out on. In order to be successful, you must get over
your fear of moving forward. Success
lies on the opposite side of your fear and comfort zone. You must take the leap, assume risk just to
see what could happen – success if what will happen.
Here is
another story about the exact same thing – my wife and were out for dinner and
I saw a young girl running around working her butt off. She was extremely friendly, had a permanent
smile on her face and was working hard for the few dollars left on the table
for tips.
I called her
over, introduced myself and told her about my business. I told her that we were looking for people
like her and told her what we pay our employees. She was shocked and said yes that she was
interested. I gave her my card and told
her to email me. After several days and
not hearing from her, I went back to the restaurant and approached her. I asked her why she hadn’t reached out to me
and she said “It sounds too good to be true and other people who work here said
there is no way it’s real.” I told her
we are 100% real and invited her to come to our meeting…she walked away. Several days went by, no message so I went
back. I sat her down and spoke to
her. I told her that very few times in
life, opportunity will come knocking on your door. You have to answer it and take the chance…She
came to the meeting and now she is a part of my staff. She went back to the restaurant and told
those who said we weren’t real that we actually are. She took the chance, got over her fear and
now look.
In summary,
FEAR will eventually kill you if you let it.
You must get over your fear and accept the possibilities in order to
grow. You have to leave your comfort
zone or you will never ever grow beyond what you are already doing.
If we can
help you, please reach out to us at www.BWUnlimited.com,
we would love to help you.
Tuesday, January 1, 2019
Subscribe to:
Posts (Atom)




