A New Trend In Fundraising -- Part 3
Advantages Of Network Marketing Fundraising
Probably the most important advantage of utilizing a network marketing fundraiser is that your efforts keeps growing and growing. Each supporter that signs on board will likely keep buying the offered products on a regular basis.
If they enjoy the products, they will most likely tell others about their experience. And if they have taken advantage by joining the network marketing program themselves, they will certainly continue to tell others; which will lead to more supporters and more funds being generated.
The network marketing fundraiser is not by the old fashioned ways of asking for money. The more their program is promoted, the more they earn. This provides more money that they can choose to put back into their nonprofit efforts.
Many successful nonprofit network entrepreneurs are earning healthy 6 figure incomes. Take a look at a few proven winners that we've chosen:
The network marketing individual raising money for their selected charity is also not bound by a governing board of directors who may terminate their position and gainful employment; thus, losing the benefits of the hard work that they've accomplished. They are the boss of their own future.
Freedom to increase their workload and work harder or lighten their work is up to them. They may choose to take a break and then work at their business at a later time.
What To Look For
So, what do you look for when choosing the right network marketing company to represent your nonprofit organization? Remember, any questionable companies that you become involved with, will also ruin the perception of your good nonprofit group's name. Any bad publicity could cause government watch groups or the populace at large to become suspect of your stewardship.
Plan on researching at least a dozen companies over a two to three month period of time.
You'll want to:
1.)
Find a company that is well established and has a proven track record of growth for at least three years.
2.)
Avoid jumping at the first couple of income opportunities that promise you the life of ease and fortune. If any company states that they will do all of the work and that you do not have to do any real work, leave them alone.
3.)
Make a list of Pros and Cons of each eventually with a short list of a half dozen or so to choose your final selection.
4.)
Avoid businesses that require you to pay any monthly fees unless you are getting an actual product or service personally and you really believe in the product or service.
5.)
Find a company that is involved in manufacturing their own products or have a wholesale distribution of legitimate products or services. A good example of a company that follows this rule is Tupperware.
Finally, make sure that your chosen company is comfortable with using their networking organization for a legitimate fundraising effort on your part. Ask them, "can I use my efforts as a fundraiser for my nonprofit emphasis?"
Be sure to view your new fund raising effort as a long term enterprise. The successful network marketing companies of today require some effort in promoting, advertising, and sometimes actually selling.
Getting Started Today
Oftentimes the most difficult part about kicking off your own network marketing emphasis is to officially sign up.
After choosing the company that you will get involved with, you should:
1.)
Get organized and establish your goals that you wish to achieve.
2.)
Set up a budget. Like any enterprise that is begun, there will be some expenses to consider. Some companies usually require a small startup fee, but most are free. You could even pay a yearly membership fee. Usually this ranges from $25 to $49 per year. You may also need to pay state sales taxes so check with your state's revenue office for compliance.
3.)
Start recruiting fundraising helpers that will be in your matrix or "downline" to help you get the word out about your fundraiser. A "downline" is the term that refers to your team structure and those you've recruited.
4.)
Jot down a list of friends, relatives, or associates that you know might consider assisting you in your efforts. Contact each and explain what you asking them to help you accomplish.
5.)
Provide regular training an follow-ups. As you begin to build your downline, make sure that you keep in touch with each member regularly with training and awareness on new product issues.
This should get you off to a good start. So, begin your own networking marketing fundraiser today and you will start your journey toward a profitable and successful fundraising adventure.
ADVANTAGES OF NETWORK MARKETING FUNDRAISING -- Part 3