Monday, January 24, 2011

Raffle Is A Popular And Effective Fundraising activity

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That is why fundraisers find it effective to include a raffle event on their plan to attract more customers to participate and be present in the event. Your raffle idea depends on your plan and depends on your budget. 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. Bear in mind that the better the items offered, the more funds you raise.

Here are some examples of ideas for a raffle for you to consider:

This is definitely a huge prize for small time fundraisers but captivating for big time fundraisers. It will definitely get a huge draw and your raffle ticket buyers would likely be adults because this kind of prize is very much appealing to them. Your raffle ticket prize can be a little expensive because the prize of one car is worth a hundred thousand or more especially if the car is new. If you prefer this type of raffle prize, you should solicit more from your sponsors and donors to help you out to purchase that extravagant prize.

This type or raffle idea has different draw dates and all raffle non winning tickets for the first draw are accumulated for the second draw and so on. With this type of system, many will buy several tickets because their chances become bigger with more tickets on hand. Having multiple prizes increase the chances of winning; but more importantly, it also increases the chance that people will buy a ticket or even multiple tickets.

The psychology behind providing multiple prizes is proven to increase participation because people are more likely to consider the odds are 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 appliances such as big screen TVs, CD players, iPods, and other popular gadgets. For other prizes, the very common are gift certificates, spa visits, and weekend getaways.

Cash Raffle. People love cash. Cash is the best for many. If your fundraising ideas include cash raffle activity, you will definitely have more audience. This particular type of raffle works great at sporting events such as a football or basketball game; but it can also be used at any type of event.

Fundraising calendars campaign raffle. This type of idea combines a calendar sale with a chance at winning a prize. Each calendar purchase includes a raffle ticket for a prize drawing for a certain amount of cash. If each calendar for each ticket would be very costly on your part, make it 2 or 3 calendars purchase for one raffle ticket. Any scheme will do as long as the funds fit for the event.

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