Rejected Savings Tip Idea
Tanner |
Thoughtfully composed by Tanner Filed under: Wedding, Financial Planning, Wedding Fundraising |
Originally, when we started the website, we did a brainstorming session using Microsoft Excel listing every possible idea to raise money for this wedding, no matter how silly. After we listed every idea, we went through them one by one and listed the pros, the cons, how much money it could expect to earn, and the actual possibility that we would follow through with it.
Well, we came up with several silly or ridiculous ideas that we decided that would be totally out of question for us. They might work for you, but we had our own reasons for deciding against them.
1) Online Magazine Sales: There are affiliate programs on the web that allow you to sell magazine subscriptions and receive a small commission on each sale. The commission is usually 5%-10% of each subscription, which is very low. If you sold a $15 subscription, you’d only maybe make $0.75 per sale. Whoopdeedoo. Way too much work for such a small amount of money. You guys could possibly click on the lucky Google Adsense link on our page and earn us $0.75 and not even have to buy anything.
The way we thought about selling the magazines would be to ask all of our family and friends what magazines they currently subscribed to or might want to subscribe to and essentially renew their memberships through us. We could have gotten them a discount and made us money. Sounded easy, but it would have taken WAY too much time and bothering relatives just to earn a little bit of cash.
2) Cookie Mix / Chocolate Bars / Little Caesars Pizza selling fundraisers: You know, the fundraisers that your kids do for their band program or church. We possibly thought that we could do the same thing and maybe even “hire” one of our friend’s kids to go door-to-door to sell it (people happily give $1 or $5 to a cute little kid trying to fundraise). We also could have posted up the sales flyer at our jobs and had our parents do the same.
This possibly could have raised quite a bit of money, but it would have taken quite a bit of work and we would have felt like we were “begging.” Unfortunately, we decided against this idea, just becase it is a PITA.
3) Creating a wedding forum:Â Basically, in addition to the blog, we would create a wedding forum / message board to create a community for women and men to get together and talk about all of their upcoming wedding festivities.
Forums can produce decent revenue, but it is very difficult to get them up and running from the beginning. We decided that we’d rather just invest our time into one wedding website and make it a nice place to visit. If we created the forum as well, we’d probably end up neglecting this blog.
4) Spam: This was just a silly idea. Basically, it consisted of collecting email addresses of women and men that have an interest in weddings. Then, we would have emailed a newsletter regularly with wedding articles and other goodies. In these emails, we would have included links to products that we’d like to promote.
Wedding newsletters are not a bad thing. If the members actually want to receive the emails, then it is not spam. I do, on the other hand, have a hard time advertising a website to specifically collect email addresses from people with the intent of advertising to them through their emails, so we decided against this. There is a high revenue potential though.
5) Entering sweepstakes / wedding contests: Now, this one was just silly. We said that we could enter every wedding sweepstakes or contest that we saw in hopes of winning free wedding accessories or services. I don’t feel like wasting my time on this with low chances of winning and high chances of getting spammed.
Anyone else have any silly ideas to raise money for a wedding?Â
If you enjoyed this, make sure to subscribe to my RSS Feed
Similar Posts by Saving for a Wedding:
