How do companies do the “if you buy our product, we’ll donate money to charity”?

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How do companies do the “if you buy our product, we’ll donate money to charity”?

In: Economics

3 Answers

Anonymous 0 Comments

Make a pledge, such as $1 for every item sold. Track items sold. At end of period specified, write check for $1 x units sold.

Anonymous 0 Comments

Depends on what we are doing, but we get sales data with units from our retailers. We then calculate how much we sold during the period and match to what is needed.

Though in most cases we have a set amount we are giving, so we give it anyway.

Edit: Not sure why I was downvoted. I literally ran the give away for my company for two or three years.

Anonymous 0 Comments

It’s usually based on a percentage of the gross sales of the said product. Or, a set amount per unit sold. it’s pretty easy.