How To Make More Money With A Tupperware Fundraiser

August 30th, 2010 - 

Tupperware? That was my initial thought, too. I pictured the Tupperware parties of which Id heard so often and the sole party I intended. How could you raise money with a Tupperware fundraiser if everyone had to attend a party somewhere? And who would host all those parties?!

No Party Needed!

Then I learned that a Tupperware fundraiser is not based on parties. A Tupperware fundraiser is run much like any other fundraiser, except that you offer a quality, durable product instead of cheap consumables.

Think back to the last fundraiser you had. Maybe you offered an array of candles or coupon books. Many of your workers felt they were pushing products people neither wanted nor needed. Instead of appealing to the buyer, they were trying to sell products that were easy to get at low prices.

It all boiled down to a basic feeling that you were dealing with mediocre products, which produced mediocre sales efforts.

Tupperware Fundraisers Are Successful

The Tupperware company offers Tupperware fundraisers for non-profit organizations and schools and a Tupperware fundraiser is likely to be highly successful.

Tupperware fundraisers offer a straight 40% profit! How much can you raise? How much are you determined to raise?

Imagine you commit to raise $12,000 for a new, public playground. The children in your neighborhood have no place to play. Parents have no place to go and play with their little ones. You need swings, sandboxes, brightly-painted jungle gyms, and some open, green space.

You manage to round up a group of 200 volunteers who are willing to participate in your Tupperware fundraiser. Each volunteer is encouraged to set a goal of 5 or more customer orders, and told that the average customer will usually place an order of about $30. They believe it, and set out.

At the end of your Tupperware fundraiser, each volunteer turns in orders totaling over $150. Some submit orders totaling $200 or $300. Together, your group sold a total of more than $30,000 retail! Your 40% profit comes to much more than $12,000. You reached your ambitious goal and Tupperware pays all shipping for Tupperware fundraisers.

Your Tupperware fundraiser was successful. Your public playground will soon be a reality!

Products

Tupperware fundraisers succeed in part because of the products reputation. Most people are familiar with the Tupperware line of products. Some may have wanted to purchase but did not want to attend a party, or could not find a local dealer.

A Tupperware fundraiser succeeds because you sell exclusive Tupperware products that are not offered in other catalogs. People are eager to get these unique products, and order readily. Baby Boomers, who grew up with Tupperware, are especially positive toward Tupperware fundraisers.

Running a Successful Tupperware Fundraiser

Tupperware fundraisers are simplified by the fact that the company provides everything you need including a fundraising manager for guidance and advice. There are things you will want to do, though, that go beyond the fundraiser packets.

Here are a few tips to make your Tupperware fundraiser successful.

1. Volunteers should be clearly taught how your project will help the people to whom they hope to sell. Customers want to know whats in it for me more than how wonderful the cause itself is. If your Tupperware fundraiser is to raise money for a playground, how will it benefit the Baby Boomer on the corner whose children are grown adults? She may like your Tupperware, but she should also be shown how your playground will benefit her.

2. Volunteers should believe passionately in your cause. They should be so involved that they can see little red and blue swing seats, with happy toddlers running toward them. They should have a keen desire to make that vision come true a desire that will carry them beyond rejection.

3. Volunteers should believe passionately that your Tupperware fundraiser is the best possible way to raise the money you need. Your fundraiser manager will likely give a demonstration of the products. Be sure every volunteer attends and accepts the product enthusiastically.

4. Teach volunteers to convey the I like you message to every potential customer. People like to be liked, and will more readily order from your Tupperware fundraiser volunteers if they appear to like each customer sincerely.

5. With the I like you message, convey trustworthiness. The two together tend to convince customers that you have their best interest in mind.

Tupperware fundraisers have been successful for many groups. They can be so for your group, too, but you must work smart to make it happen.

How Many Ways Can You Make Money?

December 25th, 2009 - 

People all over the world are looking for an easier way to make money. With the help of the internet, many of these people have become rich. If you are looking to try something that is new that has the potential to change your life, dont you owe it to yourself to find out more?

How to Get On Your Way to Financial Freedom

The average person has the ability to become a success by owning their own business. Many people think that to make money in this way, you have to have lots of money in order to begin. Nothing could be further from the truth. The first thing you need to do is to write down the things you expect to accomplish with your new business. This will help to raise the chances that you will actually achieve the goals you have set for yourself.

Some Ideas You Might Use to Make Money

You might have a way with kids, so why not start your own daycare business. This is a great way for moms to make money and still be at home with their own children. You can advertise your services in the local newspaper or you can create your own website that lets potential clients know why they should feel secure leaving their children with you. You can make money doing something you are already doing for no money at all.

Start Your Own Handyman Business as a Way to Make Money

If you are someone who is talented at fixing things, landscaping, plumbing or any other ability that a homeowner may be willing to pay for, why not start your own business. You can create flyers and distribute them around your neighborhood or you can do your advertising on the internet. There are many ways that a person with valuable capabilities can make money in this way.

Use the Internet to Make Money

If you find yourself spending lots of time surfing on the web, why not find out how you can make money while you are doing it. There are many ways that a regular Joe can make a good living without a lot of cost to start. Anyone with the ambition to make money with their computer can find plenty of ways to line their pockets with cash. Use common sense when you are looking for opportunities. If an offer seems too good to be true you can almost guarantee that it is. Dont expect to make any money without putting some work and effort into it either. So if you are a computer buff, look into ways to make your living doing what you do best.

Become an Online Book Seller

For the avid reader, you may find that you have way too many books in your home that are collecting dust. You can actually make money by selling them on the internet. You can use such websites as EBay and Amazon as well as a host of others to sell books to readers looking to make a purchase. You will be surprised at how much money you can make. Your best bet is to research where those who purchase books browse in order to make the most money you can.

There are so many ways you can make the money you deserve if you just take the time and effort to do the research. With all the information that is available absolutely free on the web, you have no excuse to stay in the same old rut.

How An Insurance Company Makes Money

November 26th, 2009 - 

I worked in the insurance industry for 16 years and saw first hand how profitable an insurance company can be. I will not attempt to go into the nitty gritty details but I will give you a pretty good idea in the form of an overview, how profitable a venture an insurance company can be.

Insurance is a form of risk management. It is purchased to avoid the possibility of a large , potential future loss. To compensate the insurance company for taking on this potential future payout, the insured pays the insurance company a certain sum of money known as the premium. In return for the payment of the premium the insured receives a written document, known as the insurance policy, that lays out what events are being insured and what the payment to the policyholder would be if that event actually occurred.

The insurance company collects the premiums of a large group of insureds to cover the few losses they would have to pay out for.They use historical data to figure the probability of losses and then charge premiums to cover them while building in a profit for themselves.

For example,let’s say there were 100 houses each worth $100,000 in a particular area. They would have a total value of $10,000,000. According to the history of that neighborhood, two houses are expected to burn down during any one year. Without insurance all 100 homeowners would have to keep $100,000 in the bank to cover the possibility of the house burning and needing to rebuild it. With insurance, each homeowner would only need to pay $2,000 into an insurance pool to pay for rebuilding the two houses that are expected to burn down.

2 houses burn x $100,000 = $200,000 for rebuilding the houses $200,000 divided by the 100 homeowners = $2,000 premium

That $2,000 premium will then have to be increased somewhat to add a profit margin for the insurance company.

In addition to the built in profit that the insurance company adds in to each premium it takes in, the company would also be subject to the actual experience of the insured group. If it takes in more money in premiums than it paid out in claims then it receives what is known as an underwriting profit. And, on the other hand if it pays out more than it has taken in then it has an underwriting loss.

One way of looking at how well an insurance company is doing is to look at their loss ratio. The loss ratio is calculated by taking the losses they had to pay out and add to that the expenses they incurred to actual pay out the
claims and divide that sum by the premiums taken in. A ratio of less than 100% shows a profit and a ratio greater than 100% indicates a loss.

In many cases if an insurance company’s ratio is greater than 100% they can still be profitable. That is because there is usually a period of time between taking in premiums and paying out claims. During that period of time the company can invest the money taken in and they can earn a profit from that investment to offset any underwriting loss and could actually end up with a net profit. For example, if the insurance company pays out 15% more in claims and expenses than premiums it took in, but made a 25% profit from its investments, then it would have received a 10% profit.

So, as can be seen there is more than one way to skin the profitability cat for an insurance company to make money. Two key factors in that regard are how well they can predict their payouts and how well they can invest the money they take in.