What should you know about MLM Fundraising? Well, I believe there are two aspects of network marketing fundraising you should know about. For the purpose of this post, I will teach you more about how network marketing companies participate in fundraising. I will also teach you how you can leverage your network marketing business to raise funds for a charity you are passionate about. Let’s get started.
Just about every MLM Company in existence supports non-profit charities. A few examples include:
• Mary Kay® supports the Mary Kay Foundation®
• Isagenix supports Childhelp®
• Nu Skin® supports the Force for Good Foundation®
I could go on and on, but my main point is that most MLM Companies donate a good amount of money to charities. In many cases, they even started the charity. Personally, I like that fact that most MLM Companies give back to these organizations.
Furthermore, you can use your network marketing business to raise money for charities you are passionate about. Here are several things you could do:
# 1 Donate the wholesale-retail difference from each retail sale to a charity of your choice
As you get retail customers for your direct sales business, you can keep track of your retail sales and donate the profit from each sale to a charity of your choice. Most companies have a 20-50% wholesale-retail markup, so on an average $100 customer order, you would have somewhere between $20 and $50 in retail profit that you could donate. Not bad!
# 2 Donate a portion of your bonus check to a charity of your choice
When you get paid your bonus check once a month, or once a week, you could donate the entire bonus check amount or a portion of it to a charity of your choice. Start out by donating a percentage of your check, say 10%, and send it to the charity you want to. As you start to make more money with your company, the amount you donate will increase drastically.
# 3 Wear your company shirt at a charity race such as a 5k (get MLM Company permission first)
You could run in a fundraising race and wear a shirt or outfit that has your MLM Company’s logo on it. You could get people to sponsor you and all of the money you collect would go toward a fundraiser that you choose. This is good publicity for the company and for your business.
# 4 Sponsor a little league team as an independent distributor (get MLM Company permission first)
You could find a Little League team in your community, either a baseball, soccer, football or basketball team (or any other sport) and sponsor that team. For a good $1,000 to $2,000 you could sponsor a team and have a year’s worth of advertising. Your company name and your name would be on all the jerseys and maybe even on a sign on the sports field. This creates goodwill with the parents of the kids and goodwill in your community, and it lets people know about what you are doing.
These are a just a few MLM Fundraising Ideas I can think of. You are only limited to your imagination.
In summary, MLM Fundraising is done by both MLM Companies and independent distributors. You will quickly discover that most MLM Companies donate a portion of their proceeds to charity. They understand the importance of giving back and supporting their local community. And you will also find that many distributors do the same thing. Personally, I believe it’s a good idea to donate to charities, especially charities that are close to your heart.
What are your thoughts? Do you have any MLM Fundraising Ideas that you would like to share with the rest of our community? If so, leave a comment and let us know. Thanks.