Posted by Amy Cool on
4-H OF AMERICA GETS FIDGET SPINNERS FOR NATIONAL FUNDRAISER.
FUNDRAISING FOR CHARITY IS A TOUGH GIG THESE DAYS BUT IN 2017 IT JUST GOT A LITTLE EASIER. THANKS TO THE HUGE POPULARITY OF FIDGET SPINNERS!
Fundraising for charity is tough but things are about to get easier thanks to fidget spinners.
Fundraising is all about selling something inexpensive for a fair price where you (the fundraiser) can make a sizable profit.
For the past 2 decades cookies and chocolate have been the go to approach but in the past 7 years these items sales figures have shown a steady decline. Fundraisers were stumped!
However, with the huge interest in fidget spinners with a logo on them the fidget spinner has emerged as the unlikely savior for fundraisers around the country..
Selling for about $10-$16 each and costing about $3 for a quality Fidget Spinner charities and specialty organizations are finding it easy to raise funds and have some fun.
FIDGET SPINNER FACTS AND INFORMATION. BEARING QUALITY IS THE KEY.
Bearing quality is the key to getting a great fidget spinner. Here are the facts and information.
Since the start of the fidget spinner the price of quality bearings has shot through the roof while production of bearings is also on a steep rise trying to keep up with demand.
Bearings, although decidedly unsexy, are literally the wheels that keep industry moving.
Bearings are not easy to make and when they are made there are always defects and those which do not meet standards. As well the previously moribund bearing industry has had millions of defective bearings sitting on their shelves in dusty warehouses throughout China.
In the short term many of these defective bearings are making their way into the cheapest of spinners. With bearings costing about 25-30 cents USD each to make it is impossible, industry analysts suggest, for a fully functioning, properly rotating fidget spinner with 4 bearings to sell for less than $1.68.
Tom Svenson of Siemens states, “Bearings are precision instruments and as such time and care must be taken when making them and to meet tolerances. Bearings that do not meet these tests will fail, quickly. In this fidget fad I believe the consumer is getting duped with cheap product”
Fidget Spinner expert John Graham of PromoMotive goes on to further explain. “We are on top of this fabulous fad but very early on were offered fidget spinners with older, defective bearings.”
“We passed on the cheapest bearings knowing that our customers would not be happy if their fidget spinners failed. I mean what is the point. Fidgets Spinners are all about the bearings!”
In 2017 Fidget Spinners are expected to be the top selling toy and the top selling promotional product in both the USA and European markets.