Distributor Rick Tidd has helped raise $750,000 for charity and local organizations during his 35-year career—and wants to hit a cool million before he retires.
“My primary goal is to help people, so that’s why I get involved in charitable efforts,” says Tidd, owner of Findlay, OH-based Mad Hatter Promotions. “But it also tends to help my business, since people invariably end up asking what I do and then want to work with me.”
Michelle Long, CEO of Glen Burnie, MD-based Hullabaloo Promos, agrees. “As a community, we need to work together,” she says. “If you have the capability to assist a neighboring company or school, it just seems like the right thing to do.”
But how do you get started when you’re busy running a business? “Evaluating your options is simple— don’t take on anything that will cause your business to lose money,” says Long, who advises that processing orders at a discount, at cost or as a donation for advertising is best. “It’s a balance, though. Remember to leave time for your regular clients.”
There are lots of charitable organizations, many with branches in your area, that would love your help. When you support a nonprofit that aligns with your firm’s values, you’ll also attract like-minded customers. One idea: Tidd recommends choosing a charity that you want to affiliate with—and offering up a few hundred tote bags free or at End Quantity Pricing, if they’re hosting an event. “You get to add your logo as a sponsor,” he says. “You can even ask one of your clients to sponsor the bags or other items for the charity, and put both of your logos on it. It makes everyone happy.”
Tidd has repeated this charitable model in one form or another over and over, helping to raise three-quarters of a million dollars for his local community. For a Kentucky Derby-themed gala to raise money for his local senior center, Tidd produces a printed whiskey glass or stemless wine glass each year. “We’ve gotten our customers to sponsor the glasses,” Tidd says. “And we all get our logos on the drinkware.” For his local Honor Flight Network veterans program, Tidd sources “challenge” coins, “good conduct” medal pins and celluloid pins at cost. “We’ve saved the group more than $2,000 vs. a retail cost,” he says.
Read on to learn more about how generous distributors have gotten involved in their local communities—and been paid back in dividends. Plus, get some great ideas on how you can get involved.Continue reading “10 Ways to Increases Sales AND Create Good Business Karma”