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Unread 31-05-2004, 17:46
Jessica Boucher Jessica Boucher is offline
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Re: FIRST Competition Entry Fee Increases for 2005

Quote:
Originally Posted by maxlobovsky
Jessica, your logic is a bit flawed. You are assuming teams already have the money that would cover last year's entry fee.
I wasn't counting out the rest of it. I was showing how marginally, it's not much more than what you're already fundraising. Sometimes big numbers like $2000 initially scare people (like me), and they can take it easier when it's broken down.

"Power of the supplier" happens all the time....so much so that it's a textbook term (it's part of Porter's Five Forces). What's great about FIRST as opposed to a normal company is that we will actually see the difference this extra cash makes, whether it be in better service, nicer regionals, or whatever...they know that this increase means a lot of extra blood, sweat & tears to us and FIRST will make sure that we know that they appreciate it and that it is making the difference that they needed it to make.

I think a payment plan would be a great idea. In my sorority our finance person is required by HQ to offer at least three different payment plans per semester. Late payments are dealt with through late fees that add up per week late.

Face it, fundraising is part of the game challenge. There are some teams out there who just have it easier than other teams, just like there are some teams who have an easier time putting out a robot. I know it's hard, but just like putting a robot out on the field, fundraising can be accomplished with a little extra elbow grease from everyone, no matter what kind of team you hail from.

So, let's start being proactive about this. Can anyone put together something with past threads that concern fundraising techniques?
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