- Teamfi Newsletter
- Posts
- How Winning Programs Do (And Do Not Do) Fundraising Differently
How Winning Programs Do (And Do Not Do) Fundraising Differently
There's 3 key takeaways
We’re all coming for the belt
Every coach wants to win.
So, it’s natural that every coach tries to answer:
What do the best coaches do?
Most of this time, this question revolves around tactical, sport-related items, i.e:
What schemes are they running
How are they organizing their practices
etc.
But have you ever considered how the best coaches might be fundraising differently?
I certainly did.
So I split my data from surveying 100+ coaches into two buckets:
Answers from coaches with winning records the prior year, and
Answers from coaches with losing records the prior year
And here’s what I found:
Like posts like these?
Then make sure you subscribe below
I send a new one out each week!
Winning programs are not fundraising more frequently
If anything, they’re fundraising less frequently
Take a look at the chart below
62% of the coaches that responded to our survey had winning records
The average number of fundraisers run by those coaches?
2.0 per year
Compare that to the average number of fundraisers run by the coaches who had losing records in 2022
That was slightly higher, at 2.3 per year
Coaches w/ winning records in 2022 actually fundraised less
What explains this?
Perhaps its simply a skill thing: more inexperienced coaches may often spread themselves too thin by trying every fundraiser under the sun
As time progresses and those same coaches level up, they eventually zero in on the 2 fundraisers each year that will reach their budgetary needs.
Again - this is just a theory. But I find it to be a potent one.
Winning programs aren’t putting any more work into fundraising
In our survey, we also distinguished between what types of fundraisers coaches are running
The most popular fundraiser across all coaches were crowdfunding-style fundraisers (I define crowdfunding-style fundraisers as the type where you blast emails and/or texts out, asking for just donations on your team’s behalf).
Crowdfunding fundraisers were the #1 style of fundraiser mentioned in our survey
Because there’s less work involved with this style of fundraiser (and theres no value provided to donators in return), you might think that this group was more popular amongst coaches who were just starting out (and therefore less successful, so falling into our bucket of coaches with losing records).
But that’s COMPLETELY FALSE
Check the chart below - these style of fundraisers showed no difference in usage across winning vs. non-winning programs
Both categories of coaches were just as likely to be running crowdfunding fundraisers
In fact, the more successful programs actually seem to be leaning in to fundraisers that take less work - not vis versa!
Check the chart again, and you’ll see this dynamic play out across categories - winning programs were less likely to run more labor-intensive fundraisers such as golf outings, discount cards, and bake sales
This is a counterintuitive point, but it is consistent with our data above: we already pointed out that winning programs seem to fundraise slightly less time per year….. and it appears that when they do fundraise, these same programs also put less work into it.
Pssssst….
If you just read the above and said to yourself: “I really wish I knew a great crowdfunding fundraiser to run”, look no further!
Our product, Teamfi, has been used by Coaches all across the nation
It’s super easy to use, and it will raise your team hundreds of dollars per player in a matter of weeks.
The best part?
It’s (almost) free
Teamfi is super easy to use…. plus it’s (almost) free
Winning programs ARE getting more out of their camps & events
One area where winning programs do seem to focus their fundraising more?
Camps & events.
I’m reposting the graph from above, so you can zoom in on these two categories:
Notice how the green bars are larger for the ‘Camps’ and ‘Tournaments’ categories
Winning programs were far more likely to mention there program’s camp or annual event (such as a tournament) as a part of their annual fundraising plan.
How does this fit with our data?
One hypothesis is that winning programs do have higher player participation.
And as player participation increases, camps & events are more likely to be fruitful fundraisers.
However, this is just one potential explanation
It’s also possible that we’re picking up on a third variable that’s driving both… i.e. perhaps winning programs are already more resourced, so they don’t feel the need to run more labor-intensive fundraisers.
We’ll have to dig in further in future posts 🙂
That’s all for today’s note!
If you want to read more insights from our fundraising survey, check out our previous post:
Also, if you’re looking for an easy & fast fundraiser for your team, check out our product, Teamfi
You’ll raise hundreds of dollars per player
…. and you’ll do it for (almost) free
Teamfi is super easy to use…. plus it’s (almost) free
Finally, if you like what you just read, subscribe below to receive more content like this, delivered straight to your inbox: