Mighty Bike Fundraiser
Description: Event-based fundraiser based around riding a giant bicycle that holds more than two dozen seats. Like other bike-a-thon fundraisers, supporters can pledge so much per mile or pay for a seat while riding in a parade.
Best Suited For: Medium/Large groups
Prospective Customers: Supporters
Comments: Canadian supplier has a 33 seat golf cart style bike which features sign placements along the sides. It has been ridden all around major cities, between towns, cross-country, etc. Net results in some cases have approached $75,000. Great for cause-based fundraising such as disease fighting.
Feel Good Rating: Four stars
Mighty Bike Ratings
Financial Aspects (1 – 10 scale): Profitability Ranking 8 Average Unit Price 8 Dollar Volume Per Participant 7 Percentage to Organization 8 Total Dollars to Organization 8 Subtotal (maximum of 50)
Pros & Cons (1 – 5 scale): Community Impression 5 Organizational Impact 4 Quality of Deliverables 4 Risks 4 Hidden Costs (freight, etc.) 4 Subtotal (maximum of 25)
Commitment Required (1 – 5 scale): Preparation Time 4 Selling Effort 4 Collecting Funds 4 Processing Orders 4 Delivering Goods 4 Subtotal (maximum of 25)
(On a scale of 1 to 100)
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