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Writing this after about two weeks since the ‘Fundraiser sale for STEM resilience progroamme 2019-20’ went live, this post might indeed look outdated, but will sure challenge back on redundancy.
Coming to think of it, we never explained what a fundraiser is!?
Google explains it as “an event held to generate financial support for a charity, cause, or other enterprise.”
The difference between commercial sale and fundraiser is, in the process of sales there is only the objective of profitability for the enterprise. Fundraiser is the exact opposite of it, in which the enterprise help collect money for a charity – but instead of seeking it as a donation, provides a service/ product as a token of their affiliation towards the cause.
For an example, in a fundraising event that has signature drinks, the participating Samaritans would buy one dollar worth of drink and would pay a bill of hundred dollars. The good-wish here is to be able to pay the highest tab for the lowest price of goods, which is usually seen as a mark of commitment towards the cause. Example: Raffle tickets would be sold at a high price where the winning prize would be so trivial like the photograph of the buyer himself – so that all the sale proceeds of the tickets can go to charity. There are also events that have drinks/ snacks/ lunch or even auction of food!
We guess the above might clarify on how the various attributes of our unique sale are set – like duration of the auction, how the minimum bid amount is set, how a book is priced, etc 🙂
Thanks to each and everyone of you for your kind support for the auction that would extend through almost till the end of June. As a show of our respect, you are kindly invited for the thanks giving party on June 30th at: http://ocomics.com/thank-you/
Thank you!
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