5 Ways to Cash In On Your College’s Homecoming
If you’re enterprising and willing to work while all the fun is happening BE Next has some suggestions on how you can turn your college’s annual reunion into a gold mine. — Kristilyn Whigham
1. Host an event or party
Hosting a party during your college’s largest alumni gathering is a sure bet to bring in extra cash. Find a venue that allows outside contractors like a lounge or local coffee shop. After you have negotiated the terms of the contract, your next step is market your event to the masses. Print flyers, distribute them and then take to Facebook and Twitter and spread the word about event and your party just might be a success.
Quick Tip: Have the party on the Friday before the big game. Most alumni head to the city a day earlier and are ready to mix and mingle.
2. Sell t-shirts and hats
Alumni and even current students are looking for school paraphernalia at a great price. Become their supplier! You can create your own custom design for t-shirts and other popular items like hats, mugs, or key chains on Internet sites like Vistaprint.com or BlankShirts.com. If you buy these products in mass quantities, you can expect to get a discounted price per item, which equals savings for your customer. Once you get your goods, head to the parade or tailgate and watch the merchandise fly out your hands.
Quick Tip: Make sure your prices are lower than other local merchants.
3. Become a food vendor
Most alumni trek back to their homecoming for one reason only – to tailgate. The football game itself is just an added bonus. You can capitalize on crowds by selling food and drinks to the thousands that will fill the stadium’s parking lots in advance of the big game. Grab a grill and your grandfather’s famous barbeque recipe, and serve up some home-style cooking to masses.
Quick Tip: Sell bottled water! There will be plenty of dehydrated people.
4. Offer photographer, videographer, or graphic designer services
Calling all mass communications majors! Here’s an excellent way to build your resume and make a couple of dollars. Reach out to your school’s alumni department to see if they will need additional photographers or videographers for the weekend or offer to design the school’s promotional materials. You can offer school officials a better rate than most professionals and it’s a way to contribute to your alma mater.
Quick Tip: Contact school officials as soon as possible before other vendors make their bids.
5. Rent out your apartment/house
If you plan on being out of town during the big weekend, rent out your apartment or home. Hotels fill up quickly when large events like homecoming come to town. You can profit from the shortage in rooms by offering to have friends to stay at your place at a discounted rate or listing your apartment on Rentals.com or Homeway.com.
Quick Tip: Give your apartment a thorough cleaning before your guests arrive and have a basket on hand filled with toiletries like soap and lotion.