How do I calculate whether an Indeygo Fundraiser will be profitable for my group?
The most impactful factor on the profitability of a Fundraiser is shipping costs. The first step toward calculating profits is to evaluate if your group is capable of selling enough of a Product to reach the free shipping minimum.
Consider these factors:
- What is the Minimum Order Quantity for the Product(s) I want to sell?
- What is the Free Shipping Minimum Order Quantity for the Product(s) I want to sell?
- How many Participants are in my Fundraising group?
- Do I think each Participant will be able to sell enough items for my group to meet the free shipping minimum order quantity?
For example, if a school group with 80 students wants to sell Scoop & Bake Cookie Dough and they are quoted a free shipping minimum quantity of 42 cases (252 units), this would translate to every student needing to sell at least 3 bags of cookie dough.
If the school group was not able to make the Free Shipping Minimum, they would be partially responsible for the cost of shipping (approximately $250). Indeygo uses a prorated pricing system where we discount $1 / unit sold from the base shipping cost. If the group only sold the Minimum Order Quantity of 25 cases (150 units), their final shipping cost would be $250 - $150 = $100. This $100 would be taken out of their forecasted profit of $1,350 for a final profit of $1,250.
In contrast, if the school group sold 42 cases, they would qualify for free shipping and they would keep all of their forecasted profit of $2,268.
