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Adding a charity sponsorship to your vending machine business can make a great deal of difference in both your location possibilities and your profits. Furthermore, companies that would usually require a commission (which will generally range from around 10% to 30%) will often overlook that fee when the machine has charity sponsorship from a group that they wish to support. The reason for this is that people are more willing to do something when they feel that some good will come of it. Knowing that they are helping a charity makes them feel as though they have done a little something special and meaningful in the world.
You can help them to achieve this feeling, help a charity, and make a good income at the same time by finding a charity to sponsor your machines. It typically is not difficult at all to obtain charity sponsorship for a number of reasons. Primarily, charities are happy to lend their names to companies in order to earn extra money — after all, charities require money to function, so the easier it is for them to bring in extra cash, the happier they are.
When you think about it, charities work very hard to bring in the funds that they need to function, and when you are offering them an income without requiring them to do anything, this becomes a very appealing deal for them. Furthermore, beyond the money they are receiving from you, they are also getting free promotion of their cause, increasing the potential to spread their message and generate donations.
This is good for you because the amount that you pay to the charity every month is significantly lower than what you would be paying to a company in commissions in order to use them as a location for your machines. Depending on the type of machine you have and the agreement you have with the charity providing you with sponsorship, you will usually be making a donation of somewhere between $1 and $5 on a monthly basis.
Companies offering you a potentially profitable location will find your charity sponsored machines to be very advantageous as well. They will have the added convenience to offer their employees or customers, and they will know that they are assisting a worthwhile cause by doing it. Since all they need to do is offer a few feet of space for you where you can place your machine, they can only consider your machines to be a sensible opportunity.
Similarly, customers also find machines with a charity sponsorship to be very appealing. Individuals who would usually overlook vending machines will often change their minds and make a purchase because they wish to help out the charity sponsoring your business. Furthermore, if your machine is placed next to a vending machine from another company that is not sponsored by a charity, then people will often select yours first just because they want to support the charitable donations you are making.
That being said, not all charities are created equal when it comes to vending machine company sponsorship. Typically speaking, the types that are most attractive to companies and customers are those that support local causes and those that assist children in some way. Once you find your charity, they will provide you with the appropriate materials for advertising that sponsorship, which can be posted directly onto your vending machines.
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Source by Pamella Neely