Mark Abbott: FarmRaiser runs zero-upfront presales at ~50% wholesale margins
Mark Abbott · 1713 Is this a better way for schools to fundraise? · Apr 2, 2020 · at 3:53
Mark Abbott, founder of school fundraising platform FarmRaiser, explains the platform's presale inventory mechanics to Nathan Latka.
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“No money changes hand up front. It's all a presale. So if it says suggested retail, 28 dollars, they're going to buy it for about 14 dollars. And so they're going to, so they're, their wholesale cost is about 50% of retail in general.”
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