This consists of maybe just an image of the card, where the promotions are clearly visible. Discounts on prescriptions, including some pet medications, may be as high as 80%, but on average are in the 60% range. {"cookieName":"wBounce","isAggressive":false,"isSitewide":true,"hesitation":"","openAnimation":"rubberBand","exitAnimation":"fadeOut","timer":"","sensitivity":"","cookieExpire":"","cookieDomain":"","autoFire":"","isAnalyticsEnabled":true}, List of Microfinance Institutions that Provide…, The Guide to Make Your Business Pinteresting, List of Philippine Festivals for the month of May, Don’t Mistake Insurance for an Investment: The First…, Low Cost Feeds and Feeding Methods for Livestock, Know the best designs and most common benefits of…. pay $25 for a $25 gift card), but you get cashback as Swagbucks rewards points. Dimensions of a Discount Card Standard wallet card size, 85 x 54mm (CR80) Place your order online or over the phone. The prescription discount card has negotiated a 40% discount, so the cost would be $60 but there is a $10 transaction fee. Contact businesses that frequently use discounts or coupons (potential advertisers If possible, have the cards numbered. Order between 5-10 Restaurant.com discount cards per participant, depending on how motivated you feel they are. Click here for instructions on how to enable JavaScript in your browser. Personalize it with photos & text or shop existing designs! Of course, there are more details you need to know. Giving the card holder a reason to come to them versus any other business of the same sort. Leave space for a list of locations where the card can be obtained, and for a list of the advertising businesses. It should fit easily into a wallet, so stick to credit card size. Make a plan, then crunch the numbers to decide if your plan makes sense. A catchy name that has words like DISCOUNT, SAVER, MONEY, BUCKS, BIG, FREE or other dollar-saving words will stick in people’s minds. He said he could get the kids to sell 1,000. I was going too cheap on the card materials, to low on the pricing, and I had no sales experience. Step 1: Go over to totum.com and click “Get Your Card” in the top right. Discount cards — also known as rewards cards — can make that happen. Make your card stand out using our design tools. Stores see this as an opportunity to upsell—London broil with your Lipitor? And YOU benefit from the profitable advertising you sell! Do an annual promotion in a town and sell 1,000 of the cards and you make $10,000. Step 4: Enter your course details (length of study, discipline, etc.) Moreover, I only approached businesses that could easily still make a profit after offering 10% off. http://www.fundraising-newsletters.com/discount-card-fundraiser.html – An article on selling discount cards. 3. In any case, the plug was pulled when the school board decided that there had already been enough fund raisers for the year. Currently you have JavaScript disabled. Do your research ahead of time and make sure these programs will actually benefit your lifestyle and needs. ! Info. Watch later. Now’s the time to contact potential advertisers. I planned to have them printed with the names of the ten businesses on cheap business-card stock for about 5 cents each. This number will be important when it comes to contacting your advertisers. 5) Distribute the cards to the public. What made me think making only $600 split two ways was worth the effort? Restaurants, grocery stores, theaters, apartment buildings, anywhere where there are large groups of people. So, you just sell discount fundraising cards … You won’t have to worry about laying out a lot of money for the production of the cards, because you should require that advertisers pay at least half of their advertising price at the time they decide to advertise, the remainder when cards are distributed. My basic idea for a selling discount cards business wasn’t a bad one, but it was poorly executed. Don’t be put off by how much the cards will cost! and print them together on wallet-sized cards. We will ship them using ground service at no cost to you. Stress to the person you’re speaking with that making the cards available to their customers will be good business for them, even if they don’t advertise on the card, because their customers will appreciate being given these discounts and will look upon the business as their friend for doing so. Ads on the front of the card should be much higher priced than on the back, and, as a result, should be slightly larger. This is not a complete list, but it should give you an idea of the types of businesses you need to contact. Ways to Make More Money From Your Business. You can start a sign up list and collect the money for the cards. The number you end up with is the average price you could charge per ad. I should note though, that a $10 card price is more common. This business works especially well if there is a college in your town, or any large number of people who either vacation there or move to town, but it can be run successfully in any area. You will want a one or two color glossy card, with price quotes for quantities for 1,000 – 10,000 cards. Redeeming rewards points for gift cards. Add the required quantity and select the items or categories you want to include. Toggle on Auto Apply to Items and Categories. 2) Figure your expenses and set your ad prices. Everywaytomakemoney is a free resource for all things finance. However, it is much easier to view in an illustration. All you need to do is a few good, persuasive phone calls, and your distribution will be taken care of easily. The trip to the dentist can be painful enough. Next, design how your card will look. Contact the admissions department at the college, explain your discount card, and see if they would consider putting a card into the orientation materials each incoming student gets. 3. Find out at what quantities significant price breaks occur. Now, multiply that figure by five. The back should be divided into, at most, twenty ad spaces, again in three columns (7 on the sides, 6 in the middle). This will help people recognize the businesses on the card. Make-Up For Ever Pro Backstage Pass – Discount Amount 40% (we don’t feel like you even really need this because you get 40% off MUFE and Too Faced through Frends and Nigel’s, which you only need a composite card and business card to get) However, usually the negotiated discount cost of the medication far exceeds the transaction fee so the Cardholder still wins. Transaction Fees – Each time a marketer’s card is used the marketer earns a transaction fee designed to cover expenses and make a profit. Upload your own design or add text to customize this set of discount cards! Here’s a short list of the types of businesses that will be most likely to take advantage of your service: Restaurants, particularly fast-food and snack establishments + Theaters + Printers + Dry cleaners + Oil change and auto parts businesses * Travel agencies + Clothing stores + Hair salons + Formal wear stores. That’s all there is to it. Nonetheless, I did get five local merchants to agree to offer a discount. Additional things to consider when making discount card sales are: The Discount Card Sales Pitch. The best part (besides the money) is that you can run this business from your kitchen table! Required fields are marked *. It was called “The Christmas Discount Card” or something like that, and would be good for a year. 10% free cards on every order! In fact, in that same town where I was living and planning my own venture, there was a card which was sold by the thousands each year for $39 each. Take the design for your card to a professional printer and have the printer make the cards. Create & design greeting cards to print or send online as eCards. When pitching the discount card to a prospective buyer you should do the following: Also, find out places where you may put a stack of cards for students to take. Add photos and custom message. Don’t forget that you can give a good supply to each advertiser, to give free to their customers. So the Cardholder pays $70 instead of $100. We’ve just described how the prescription discount cards work. There are a number of companies that do this directly or as the provider of the service for groups who want to have fund raisers.eval(ez_write_tag([[336,280],'everywaytomakemoney_com-box-4','ezslot_6',109,'0','0'])); But there is not good data available on what they make from the cards, especially since some do that as just one part of their marketing company. For example, the retail price for a medication is $100. In bulk, these fees add up. Have these deals running in a dozen towns near you and your revenue would be over $100,000 per year. 4. Be sure to include the name of your restaurant, phone number, address, and a space for a membership number. Keeping the initial investment down and increasing the total profits. Now figure your costs. Learn about businesses, work at home, budgeting, investing, credit, and more to take control of your financial destiny. The size of the fee varies quite a bit. Do an annual promotion in a town and sell 1,000 of the cards and you make $10,000. The selling of discount cards is done in a variety of ways. Browse and use various backgrounds and frames. Contact businesses that frequently use discounts or coupons (potential advertisers for You) either in person or by... 4) Gather the ads (and the money!) To estimate your targeted sales volume, use the following tutorial and spreadsheet to compute for … How to Get one of the 20 Weird Best Cool College... Are You Self-Employed or a Business Owner? Keep in mind that insurance and discount cards cannot be used at the same time for the same purchase. Does this sound reasonable, considering the number of cards you’ll be distributing? Here’s exactly what you need to do to make great profits in the discount card business. Choose from thousands of templates for every event: birthday, thank you, wedding, anniversary & more. But lets speculate and say that the high-end offers of $29 or $39 net $10 per card after expenses. Step 5: Choose the card you want and any add-ons. But they are almost always printed on higher-quality cards than what we planned, and sold for more. Design a card for your program. This reduces your break-even point to 300 cards, and you will enjoy up to a 90% PROFIT MARGIN! This might sound like a lot, but they will be readable. Search Engine Evaluator: How to Make Money in 2020, 5 Things To Consider Before Working With A Defense Contractor Recruiter. We provide 10-15 high-value local discounts, design, print, and ship your cards. Know that the cards can be used every day and as often as the person wants to use them until the expiration date. They profit from the increased exposure and from gaining new customers who come in for the discount and become return customers. You should also put together a poster with your logo and information about the card. When you decide how much to charge for ads, here are a few things to keep in mind. 1500 cards / 50 members = 30 cards per person 30 cards / 3 (average members in household) = 10 cards per person That’s 1 card per day per family member! Make sure that your sales targets are high enough that you maintain or increase your profits, even if you’ve lost a bit of your margins from the discount. I was young. Here’s an overview: 1) Design your card. Treat your customers right with discount cards from Zazzle. Share. It’s simple, really: The pharmacy benefit manager or the marketing group develops the card program. 4) Gather the ads (and the money!) You shouldn’t deal with businesses that won’t pay anything upfront, unless you have some desire to deal with collection headaches. 2) Figure your expenses and set your ad prices. We will help you to organize your fundraiser. I promised each that they would be the only one of their type on the card (one bookstore, one car repair place, etc). Divide that figure by the total number of advertisers you will have on your card. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page.