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| Fundraising / Fundraiser Raffle Ideas |
Fundraiser Raffle IdeasRaffles Are Easy FundraisersPeople enjoy getting a chance to win something, so here are a some easy fundraiser raffle ideas to boost your fundraising efforts. Your raffle can be an inexpensive ticket for a prize drawing or a $100 ticket for a big prize such as a big screen television or a new car. The basics of a raffle fundraiser are quite simple. Your costs are limited to the ticket expense and purchasing the prizes. Oftentimes, local merchants will donate items or offer special discounts to nonprofits or school groups. As with any fundraiser, the better the items offered, the more funds you raise. Your fundraising raffle can be of short duration or have tickets for sale for a month or more. It all depends on how much you are trying to raise and what type of raffle you conduct. Get Publicity Also get the word out through your newsletter and website as far in advance as possible. Aim to build excitement and anticipation with your supporters for the prizes to be offered. Assign various aspects of ticket sales to as broad of a base as possible. By avoiding having one or two people try to handle everything, you'll reach a much larger number of prospects. Door Prizes Be sure to sell raffle tickets at the door as that is the prime time for an impulse buy. Keep your prize expense to roughly one-third of your projected revenue. Automobile Drawing I've seen car raffles priced anywhere from $20 to $100 with proportionately more tickets needing to be sold when prices are lower. In this example, five times as many $20 tickets need to be sold. Multiple Prizes The psychology behind providing multiple prizes is proven to increase participation because people are more likely to consider the odds more in their favor. There is also a belief that having various prizes also increases the chance of having one that appeals strongly to almost anyone. Among the most popular prizes are big screen TVs, CD players, iPods, gift certificates, spa visits, and weekend getaways. 50/50 Raffle A 50/50 raffle works great at sporting events such as football or basketball games, but it can also be used at any type of event. Cash Calendar Raffle Some groups do just one prize drawing from the raffle tickets. Others offer a continuing series of cash drawings, usually on a weekly basis. Prices for cash calendar fundraisers are often in the $20-$25 range, depending on the cash prize drawing. A weekly prize of $50 or $100 is common, with larger prizes of $500 or $1,000 being offered at some stages of these fundraisers. Raffle Ideas Wrap-up The most important thing is to offer attractive prizes with widespread appeal and price your tickets to maximize total revenue. It doesn't do any good to overprice the tickets because total ticket sales will suffer. Choose the right price point to stimulate impulse buys. Most people will make an emotion-based decision to participate and then justify it with logic, so make sure your raffle prizes seem really attractive in comparison to the ticket cost. Related PagesCash Calendar Fundraiser - Combining a cash raffle with a calendar fundraiser - Understanding the appeal of a cash calendar fundraiser. Golf Ball Drop Raffle - Raise funds fast with a golf ball drop raffle - Fun fundraising event features cash prizes for closest to the pin winners. Car Raffle Tips - Tips on organizing a successful car raffle - How to advice on maximizing profits with high quality prizes, ticket sales, and event planning. Bowling Fundraiser - Ideas on putting together a charity bowling fundraiser - How to tips for organizing a fun fundraising event and maximizing the revenue. Merchant Plan - How to put together a successful merchant plan for long-term success. Publicity Tips - Simple methods to get your fundraisers well publicized - Publicity is the key to successful events. Wine Tasting Fundraiser - Additional profit tips when hosting a wine-tasting fundraiser - How to advice on organizing your fundraising event and maximizing revenue. Selling Raffle Tickets - Advice on selling raffle tickets - How to sell twice as many raffle tickets in half the time. Raffle Prize Ideas - Ideas for raffle prizes plus tips on ticket prices to maximize sales and profits - Easily raise tens of thousands of dollars with your next raffle. |
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