Sell the Experience, Not the Profit

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SUMMARY

The discussion emphasizes the importance of promoting fundraisers as enjoyable experiences rather than solely profit-driven events. Participants highlighted the need for creativity in fundraising approaches, such as offering unique products and engaging activities that foster community involvement. The Pampered Chef consultant shared strategies for increasing commission percentages based on sales thresholds, thereby incentivizing higher participation. Overall, the focus is on balancing profitability with the enjoyment and educational value of the fundraising experience.

PREREQUISITES
  • Understanding of fundraising strategies and community engagement
  • Familiarity with The Pampered Chef product offerings
  • Knowledge of commission structures and profit margins
  • Experience in event planning and coordination
NEXT STEPS
  • Research creative fundraising ideas that emphasize community involvement
  • Explore The Pampered Chef product line for unique fundraising options
  • Learn about effective commission structures to incentivize sales
  • Investigate event planning techniques for successful fundraising shows
USEFUL FOR

Fundraising coordinators, direct sales consultants, and community organizers looking to enhance their fundraising strategies while fostering a sense of community and enjoyment.

afshea
Messages
70
I've been reading some of the posts about fund-raisers, and I know that a lot of us wish our profit margin were higher. The thing I do when I propose a fund-raiser is promote it as a fun experience....yes, the old cliche..a FUNdraiser. Instead of "You can make $100 for your group!" (which doesn't seem like much) you can say "Let's get everyone together for an evening of fun and fellowship...oh yeah...and you'll earn money too!" After the big show, you send everyone out with catalogs and order forms. I also suggest promoting it as something different. THere are a lot of companies that can offer a higher profit...but if I see one more candle, I'm going to have an asthma attack! Our Fundraisers are different, educational and fun! Thinking that way has definately changed how I feel about fund raisers. It's not always about the money that they make, or that I make for that matter. Sometimes it's okay to just get together and learn some new cooking techniques!
 
Just my two centsI agree with you for the most part. I am generally understanding when I lose a fundraiser to another company that can offer a higher profit, especially when the people doing the selling will be kids (and even more so when they are little kids). It's easy for kids to sell candy and such and make 50%, and if they are selling primarily to their peers, PC Fundraisers make no sense. Very few 8-16-year-olds put lots of money into cooking.

But I do agree that our fundraisers are different and, I think, more enjoyable than most others. Plus, we have a lot of freedom to vary the way we do our fundraisers so that it isn't just the same old send-folks-out-with-catalogs kind of deal. I posted in another thread that we also have to keep in mind that if a company can offer 40%-50% for the group and still pay the consultant, they are almost certainly charging WAY too much for their products. We don't do that. Our prices are reasonable, and the percentage we can offer reflects that.

In order to entice organizations to do fundraisers with me (and The Pampered Chef), I offer a few extras: I offer increased percentages (which come out of my paycheck) for fundraisers with sales from $2000-$4000 (20%, so I give them 5%) and $4000+ (25%, so I give them 10%). I also offer 5% of profits from any shows booked from the fund raiser. That encourages more people to book and actually hold shows, and it often encourages higher sales at those shows. Sure, that money comes out of my pocket, but it puts more money back into my pocket. It's a trade-off. Plus, I don't do a fundraiser unless I feel it's for a good cause, so I don't mind giving up some of my commission for that.

That's just my two cents! Have a great day!
 
Select Items FundraiserSince the company has eliminated the "Product Fund Raiser" where we had 10 select items to offer as a fund raiser yielding 40% proceeds I have seen a dip in my fund raising activities. I had thought about putting together something to offer a select few, either a School, Church or entity that has particular meaning to my family. If you are willing to sacrifice a small amount of your commission you could get great promotional value as well as satisfaction for assisting a group of your choice with their fund raising. You could coordinate with a person from the group and either focus on a handful of items or maybe just our spices and only sell those items. The group could choose to add $.50 to $1.00 to the items being sold. You make up a flyer and indicate that you are assisting the group with their fund raiser, products being sold through the fund raiser raiser $.50 to $1.00 each. You can do this through a regular catalog or kitchen show. The group chairperson could be the host. The host benefit package could then be selected by the group as either a give away, for several raffles or as gift baskets for further fund raising. Just an idea. I have another for the actual fund raising show too. Hope these are helpful :)
 

Frequently Asked Questions

What does "Sell the Experience, Not the Profit" mean in direct sales?

"Sell the Experience, Not the Profit" emphasizes the importance of focusing on the overall experience your customers will have with your products rather than just the financial benefits. This approach encourages building relationships, creating memorable moments, and showcasing how the products enhance everyday life, which can lead to increased customer loyalty and sales.

How can I implement this philosophy in my Pampered Chef business?

To implement this philosophy, focus on hosting engaging cooking demonstrations that highlight the fun and enjoyment of using Pampered Chef products. Share personal stories and testimonials that illustrate how the products have positively impacted your life or the lives of your customers. Encourage interaction and create a community atmosphere during your events.

Why is selling the experience more effective than selling just the product?

Selling the experience creates an emotional connection with your customers, making them more likely to remember and recommend your products. When customers feel a connection to the experience, they are more inclined to make a purchase and return for future purchases, as opposed to simply buying a product based on price or profit margins.

What are some examples of experiences I can offer my customers?

You can offer experiences such as interactive cooking classes, themed parties, or exclusive sneak peeks of new products. Additionally, consider creating online communities where customers can share their own recipes and experiences using Pampered Chef products, fostering a sense of belonging and engagement.

How can I measure the success of selling the experience?

Success can be measured through customer feedback, repeat purchases, and engagement levels during events. Track metrics such as attendance at your cooking demonstrations, social media interactions, and customer referrals. Positive testimonials and increased sales over time will also indicate that your focus on experience is resonating with your customers.

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