Many people are baffled when it comes to deciding whether candy fundraisers are profitable or not. It seems folks find it difficult to figure out what candy fundraising earnings are, and how to calculate them.
Here are a few basic bits of information to help you figure this out.
Fundraising candies generally come in cases. In a typical scenario, a case contains several carriers of candy in each. Let’s consider the example of our premium $2 Chocolatiers Candy Bars. These 2.25 ozs. candy bars are sold by the case. Each case contains (4) 30-count carriers of candy bars for a total of 120 bars.
It is vital to know how much product you get before you try to figure out if a candy fundraiser will be profitable. The next thing to consider is the number of candy cases you want to buy. Candies are priced by the case. The higher the number of cases you purchase, the lower the price you pay for per candy.
Although it may seem obvious, it’s worth pointing out: the less you pay for a case, the more money you make when selling it. It is very common for fundraising websites to display the price per case. If you look closely you will realize that prices plunge when there is a surge in the number of cases. Here is another factor to think about with regards to candy fundraisers and profitability.
You will make a $60 profit when you sell the candies in a $100 case. How does that work? You will sell 160 candies for a dollar each. This comes to $160 in total collections. Subtract $100, the price of the case, and you have $60 to take home. Of course, candy fundraisers are profitable. Just get clear on your math. Make sure to include all the costs and the sales price to determine the bottom line. Then decide if the profitability margin of a candy fundraiser is a fit for your group.
I hope this article helps you in assessing whether candy fundraisers are profitable, and how to calculate the profits accurately.