Raffle Ticket Prices - What You Need to Know
The way you price your raffle tickets will have a huge impact on the amount of money you raise and the number of winners. While $2 each or 3 for $5 has been the norm for many years, it's worth your while to research other options to get the best results.
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In addition to considering your ticket package pricing you'll need to consider how much to pay for the prizes. Generally the higher the value of your prize the more you can charge for tickets.
It's also important to think about the type of people you want to sell your tickets. Do you want to hire volunteers or use paid staff? The type of person you hire can have a big impact on how well your raffle goes.
You'll need to decide whether you want to give out the prizes on a random basis or if you're going to have a specific order in which the winners will be chosen. It's also a good idea to establish the maximum time that you can give the winners to claim their prizes. This will help you avoid having to pay for an unclaimed prize if you don't have their contact details.
If you're selling your raffle tickets at a fete or community event make sure that you have posters, flyers or invites to hand out. These don't have to be fancy or full colour but they should clearly show your prize list, how much the tickets are and when the raffle drawing is to be held. You should also include the name of your organisation and the phone number or email address of someone who can answer questions about your raffle.
Another option is to set up booths in local shops and boutiques, especially those that have donated prizes. These will allow you to cross-promote your raffle, draw in foot traffic and potentially increase ticket sales. This approach is a bit more expensive than hiring volunteer ticket sellers, but it's a great way to reach a wide audience.
You can also run a raffle at your actual event. This will allow you to draw in crowds and encourage people to come back again. You'll need to ensure that you have a secure cash box, plenty of change and receptacles for the ticket stubs. You'll also need to have pens on hand so that people can write their names and numbers down.
Raffles are a great way to raise funds for your organization and are usually fun for the participants. However, you must make sure that you set your ticket prices at a level that will attract enough supporters and that will not leave you with a large balance to clear. Using the information from previous raffles and considering your audience and promotional opportunities will help you to do this. Regardless of how you decide to price your tickets, make sure that you keep track of the results so that you can improve for next year.
Raffle Ticket Prices - What You Need to Know
The way you price your raffle tickets will have a huge impact on the amount of money you raise and the number of winners. While $2 each or 3 for $5 has been the norm for many years, it's worth your while to research other options to get the best results.
https://rafflesforless.com
In addition to considering your ticket package pricing you'll need to consider how much to pay for the prizes. Generally the higher the value of your prize the more you can charge for tickets.
It's also important to think about the type of people you want to sell your tickets. Do you want to hire volunteers or use paid staff? The type of person you hire can have a big impact on how well your raffle goes.
You'll need to decide whether you want to give out the prizes on a random basis or if you're going to have a specific order in which the winners will be chosen. It's also a good idea to establish the maximum time that you can give the winners to claim their prizes. This will help you avoid having to pay for an unclaimed prize if you don't have their contact details.
If you're selling your raffle tickets at a fete or community event make sure that you have posters, flyers or invites to hand out. These don't have to be fancy or full colour but they should clearly show your prize list, how much the tickets are and when the raffle drawing is to be held. You should also include the name of your organisation and the phone number or email address of someone who can answer questions about your raffle.
Another option is to set up booths in local shops and boutiques, especially those that have donated prizes. These will allow you to cross-promote your raffle, draw in foot traffic and potentially increase ticket sales. This approach is a bit more expensive than hiring volunteer ticket sellers, but it's a great way to reach a wide audience.
You can also run a raffle at your actual event. This will allow you to draw in crowds and encourage people to come back again. You'll need to ensure that you have a secure cash box, plenty of change and receptacles for the ticket stubs. You'll also need to have pens on hand so that people can write their names and numbers down.
Raffles are a great way to raise funds for your organization and are usually fun for the participants. However, you must make sure that you set your ticket prices at a level that will attract enough supporters and that will not leave you with a large balance to clear. Using the information from previous raffles and considering your audience and promotional opportunities will help you to do this. Regardless of how you decide to price your tickets, make sure that you keep track of the results so that you can improve for next year.
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