Five Gallon Soap Fundraiser: Making Money with Cleaning Products
The 5 Gallon Soap Fundraiser is a great way to earn some money and do something for the environment. This fundraiser is beneficial because it reduces waste, helps people save money on buying cleaning products, and provides an opportunity for people to give back to their community by donating soap. The best part about this fundraiser is that you can start small, selling just five gallons of soap at first and gradually increase your sales as you get more comfortable with it. If you would like to understand how this fundraising idea works or want help getting started in your own 5 Gallon Soap Fundraiser event, then read on!
What is Five Gallon Soap Fundraiser?
The 5 Gallon Soap Fundraiser is a way for people to make money with soap. This fundraiser works by selling five gallons of cleaning products at first and then gradually increasing your sales as you get more comfortable with it. The best part about this fundraising idea is that you can start small, sell five gallons of soap at first and gradually increase your sales as you get more comfortable with the process.
How Does Five Gallon Soap Fundraising Work?
The easiest way to understand how this type of fundraiser works is through an example:
- You buy 5 gallons of soap at a wholesale price
- To make an even $100, you need to sell 5 gallons, so divide that number by the cost per gallon ($20)
- $200. You can then get $400 for the 5 Gallon Soap Fundraiser if you want to do it this way or lower your risk and only have to sell three gallons (or $60). The more money you want upfront before investing in inventory, the less risk associated with the fundraiser.
Making money with cleaning products – tips and tricks
- It can be hard to generate income from cleaning products, especially when getting customers through retail channels. There are a few ways to make money with 5-gallon soap without going through the hassle of retail stores:
- Offer 5-gallon soap to the public at a discounted price.
- Figure out how many gallons of 5 Gallon Soap you need for each sale before you buy it and use that number to figure out how much money you’ll make after selling all your product or if part of your goal is profit this will help.
- Determine which fundraiser approach works best for your needs, retailing or wholesale pricing/buying in bulk before producing products.
- Determine your pricing. 5 Gallon Soap is typically sold wholesale for around $25-$35 per gallon (depending on the packaging) when bought in bulk and retails at about $16 a gallon, so you’ll want to charge the customer accordingly or plan to sell less than 100 units of product each time.
- Determine your costs. You’ll need to consider how much money you spend on plastic bottles, soap and labels for the product before figuring out what profit left after production.
- Create a 5 Gallon Soap label that will stand out from other products in stores or at fairs
- Figure out which of these channels works best for your needs: farmers markets, craft shows, retailing online.
- Consider partnering with another company to create a diverse customer base. A good idea might be making an adult skincare line while consulting a dermatologist who can provide customers with their preferred brands and advice about different ingredients and treatments available to them via video chat.
If you want to discover more about how a 5-gallon soap fundraiser works, or if you would like help setting up one yourself for your company or school, don’t hesitate to contact Profitable Solutions Fundraising. They can walk you down through the process of creating an event that will drive donations and make money for your organization in no time at all!
