What should I charge for a charity shopping event?
August 17, 2011 12:23 PM Subscribe
What should I charge for a charity shopping event?
I'm specifically looking for a pricing/revenue model for a charity shopping event.
We'll be selling tables to local businesses - how should I price the tables? Would you use a flat fee and/or % of sales to charity? Would you require an item donation for a raffle? Would you charge an entrance fee?
posted by mgarnhum to shopping (5 answers total)
As I learned from experience, and from the other organizers, you donate your time, and hope for volunteers.
The price of the tables covers the costs you can't arrange to have donated, and you ask for donations to cover what you can - design, printing, refreshments, advertising, venue... (you have to know your costs before you invite the vendors).
You use as much social networking as you can to advertise (provide pdfs for vendors and volunteers to print and distribute, and offer incentives for blogging/tweeting & retweeting and Facebooking etc.) (though it's in everyone's best interest to do so). Try to get as much small-press local media as you can, too.
Vendors often expect to donate an item toward raffles (raffles make more money than silent auction items) and door prizes, but some can't afford to. They can offer a discount coupon as part of the package, if inclined.
The admission is what you raise for the charity - the vendors have paid for their tables, so a percentage of the sale isn't fair - charge whatever the market will bear. Here in Toronto, $2-5 is common. Basically, for that low price, you're curating a fun couple of hours and that's not an insensible cost for a craft market-type sale or move wardrobe warehouse sale. However, if you're having a high-end sale, and you get phenomenal snacks donated and can have a "high tea" and shopping in a gorgeous venue, you could charge per plate and have advance tickets plus a higher door price.
Also provide opportunities for people to just leave money in a jar for the cause. It's surprising how that adds up.
Make it known what you need, and ask specifically where you can - friends of friends can provide a lot, if you just mention it, or leave the information where it's available for people to offer their services.
It can be as simple as how we have one coffee shop that donates cups, stir sticks, napkins and sugar, and another coffee shop that gives us their beans that are just past their sell-by date, but are really just fine. That lets us provide "FREE COFFEE" , which is a draw, believe it or not. Another neighbourhood place provides a pizza lunch for the vendors and volunteers, which helps attract quality and keeps the vendor's costs down.
And, it is better to ask for a little money from a lot of people, unless your event is in a market where you can ask a lot for a few. (This is how the silent auction with about 65 donated items that I run generates about $5000 for our school every year, and smaller events about $1000, all from between 100 and 300 people attending, depending on the event).
posted by peagood at 12:46 PM on August 17, 2011 [1 favorite]