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7 Reasons You Should Use Teamfi for Your Team’s High School Sports Fundraiser

October 14, 2024
The Top 7 reasons you should use Teamfi for your Team’s next sports or club fundraiser – Teamfi sports fundraising blog.

7 Reasons You Should Use Teamfi for Your Team’s High School Sports Fundraiser

1. Cost Effectiveness

Teamfi offers the most cost effective fundraising method on the market which enables your team to keep 100% of each donation minus the payment processing charged by Stripe, our 3rd party payment processor. Payment processing costs 2.9% + $0.30 per donation, and this usually works itself out to ≈3.4% total. That means you take home ≈96.6% and Teamfi takes 0.0% of your fundraiser . To learn more about exactly how Teamfi fundraisers are broken down, we encourage you to visit our pricing page. If you're curious to what payment processing could look like for your fundraiser, we invite you to visit our fundraiser calculator page to estimate the payment processing fees. We pride ourselves in delivering the most affordable fundraising option possible to coaches across the United States.

2. Ease of Use

Teamfi is built from the ground up to be the easiest fundraising option possible for sports coaches everywhere. In just 3 simple steps (which take <10 minutes to complete), your fundraiser can be bringing in funds for your Team. In addition to our hyper-simple platform, Teamfi also offers built-in, step-by-step onboarding for both coaches and players, ensuring that you and your players never get lost along the way.

On your first use of the product we’ll also give you a super-quick demo (<10 minutes) just to make sure you’re set up for success. All in all, at the most Teamfi will take just 15-20 minutes of your time from onboarding to having the check in your hand.

3. Maximized Fundraising Yield

Teamfi is built on SMS (text-message) based outreaches. By building Teamfi on SMS and not email, it ensures that, not only are all texts getting delivered to the contacts of your players, but that they are much more likely to be read and opened as well – text messages have a 98% open rate compared to around just 20% for emails. By utilizing SMS-based outreaches, this means your fundraiser is being seen by more people, resulting in more dollars raised by your team.

4. You Have Total Control

Unlike other fundraising options, you can run your fundraiser through Teamfi completely by yourself – no sales reps required. This means there are a total of zero meetings required to  get started. Other than the 10 minute demo we’ll give you on your first use of Teamfi, you don't need us for anything. From your team’s branding and messaging to onboarding your players to pressing “activate”– you get to do absolutely everything on your time and terms.

5. Complete Transparency

From start to finish, your dashboard will show you 10+ metrics and your team’s entire roster so that you can know exactly how your fundraiser is going. Our metrics are broken down into 3 categories: Projection Metrics, Duration Metrics, and Progress Metrics.

  1. Projection Metrics: During onboarding (i.e. before you press “activate), we’ll give you a live projection so that you know exactly when to hit “activate” to raise your team’s goal amount.
  2. Duration Metrics: after you hit “activate”, you’ll be able to track how many days your fundraiser has been live, how many texts have been sent, and when the next round of messages will go out.
  3. Progress Metrics: While your fundraiser is live, you’ll see exactly how much you’ve raised, how many donations you’ve received, and your average donation amount.

6. Quick Turnaround

From the time you press “activate”, you can have the funds from your fundraiser (≈96.6% of your total raise) in hand in just 14 days. We know that the sooner you receive your money the better, so we waste zero time getting you your check.

7. You Have Options

Using Teamfi, you have many different options with which type of fundraiser you can run. You can opt for a crowdfunding fundraiser, a lift-a-thon, a shoot-a-thon, a hit-a-thon, or any other "a-thon" you can think of. The best part? all of our fundraising options are 100% free, text-message-based, and completely digital, and we're always building new fundraising options.

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