Chad Reist
San Diego, CA (USA)
Role(s):
Select
Get My School Bucks
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Startup
Location:
San Diego
Industry:
Advertising
Year Founded:
2010
Number Employees:
1-10 people
Description:
Get My School (URL removed), also dba as San Diego School (URL removed) in San Diego, Ca., is a program that generates money for schools by offering online discounted gift certificates to customers. Our business model and concept is not only the first of its kind but it will also allow us to generate revenue from the two markets; Business to Business and Business to Consumers. Businesses from every industry can participate in our program by creating an account online and advertising their business on our website for the purpose of selling Gift Certificates to our consumers. We specifically categorize each business by industry and create a personalized gift certificate. Customers can purchase and print any Gift Certificate online at a 5% discount, and then donate an additional 5% to any school of their choice. Get My School Bucks takes 10% of every sale and the remaining 80% goes to the selected business. We have successfully started generating our initial revenue stream through our “one time sign up fees” associated with business participation.
We currently have 12 independent contractors made up of schoolteachers, parents, and professionals assisting us in the daily B2B operations.
We have already established strong partnerships with the school districts which means our program will be marketed and promoted within the schools and be seen by every parent and teacher in the county. Offering this kind of exposure to any type of business makes it a very easy decision to be an active participant in our school bucks program. With the recent launch of (URL removed), we’ve received incredible response and support to know this program is needed and wanted in every community in the country. Our goal is to implement our program throughout the country and offer regional franchises to potential investors. Parents and teachers every where are understandably concerned about the ongoing school budget cuts and teacher layoffs which is why there is now a huge demand and need for our program to be in schools throughout the country. Our program not only supports our schools financially but it also gives the consumer full control of choosing which school their donation goes to.
Gift certificate sales have continued to rise over the years and is now an 80 Billion dollar industry. Bases on a national study, both women and men said they wanted gift certificates more than any other gifts, which explains why experts anticipated it would be the number-one present for the sixth consecutive year, with 64 percent of consumers saying they'll give or receive them. We’ve given consumers incredible incentive to participate in our program and have a great opportunity to gain a good portion of the growing market share. Businesses also benefit tremendously by receiving incredible exposure and having no monthly or yearly fees to participate in our worthy program.