Funditbynet

July 05, 2011 01:30 ET

Good News for Cash-Strapped Sports Clubs, Schools and Societies With Risk-Free Fundraising Website Funditbynet

LONDON, UNITED KINDGOM--(Marketwire - July 5, 2011) - A range of small organisations such as sports teams, local schools and university societies are set to benefit from the launch of Funditbynet.com's new method of risk-free fundraising.

A range of small organisations such as sports teams, local schools and university societies are set to benefit from the launch of Funditbynet.com's new method of risk-free fundraising. Fundraisers can buy customised merchandise from Funditbynet at low trade rates and sell these products onto members and supporters for standard retail prices, banking the difference as funds. By providing a 'Fund Pack' containing a range of advertising materials, Funditbynet help the fundraiser to market and sell their items before actually buying them, therefore eliminating the risk of leftover stock and wasted funds.

"We have worked with a number of organisations over the years who have tried to use customised merchandise to raise funds. The feedback is often that they over estimated and bought too much product, which they simply could not sell", said Patrick Hathaway, co-founder of Funditbynet. "We have addressed this risk issue by offering our free Fund Packs, which are designed to help the fundraiser sell the items prior to ordering, so they do not need to guess the quantity they may require." The low minimum order quantities offered on the site mean that the entry-point is achievable for even the smallest local organisation or community group.

In the wake of recent governmental budget cuts, fundraising has become all the more important, particularly to non-profit bodies. Funditbynet hopes to be of use to schools, sports clubs, universities, charities, community groups and societies, sourcing products with each fundraising sector in mind. The project has been put together by promotional gifts specialists Ideasbynet, who have used their 25 years of industry experience to put together some revolutionary product offerings, including mugs printed with the name of every child in a class, or hoodies branded with the signature of each member in a team.

The technical innovations on the website include the unique Fund Engine®, which takes your fundraising target and type of organisation into account before automatically advising the best products for you and what you wish to achieve. The iconic Fundometer® device allows fundraisers to adjust the quantity and easily see how much they could raise if they chose a certain product.

Hathaway says, "We hope that Funditbynet will become an essential resource for the fundraising community who are hard pressed in the current climate and need all the support they can get."

About Funditbynet:

Funditbynet offers risk-free fundraising through the sale of customisable merchandise, and utilises the buying power of established promotional gifts company Ideasbynet, in order to keep product prices low and increase the amount of money fundraisers can generate. The company has been selling business gifts over the internet since 2001 and has become the market leader in the industry.

Contact Information

  • Funditbynet
    Patrick Hathaway
    Marketing Manager
    0114 262 2050