raptordad;148156 wrote: Just tired of the whole Sally Foster thing. This is a prime example of one of those companies that take more than their fair share in profits. I love how the Entertainment Books post "Up to 50% Profit" when in fact it is more like 30% if you do another fund raiser, and if you are the first one in your region to send home the book... and that's not saying that they won't unfairly oversaturate the area with books at other schools. And after all that work....just barely at last year's level. But it must be our fault and not theirs..... glad to say that we are moving on.
I'm so glad you have posted this. It is a big misconception and I would love to address it. I work for a competitor of Sally Foster but this issue comes up alot. And it is why more and more fundraising companies are going out of business.
Do you know that every packet that comes to your school costs the company $3-4? So if you have 500 students, it costs the company $1,500-2,000 just to start your fundraiser. The products and prizes costs the company 25-30% of the printed price. Then there is shipping and bonuses.
So lets say the school with 500 kids sold $10,000. The school gets $5,000. The company pays $1,500 for brochures, $2,500 for products and prizes, minimum of $500 for shipping. That means the company %500 to pay for bonuses and rep pay. That does not take into account taxes and overhead.
So please keep that in mind when you wonder why there is not as many choices next year because companies are out of business. Or that the companies cannot afford to give as mauch in bonuses next year.