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►Raffle pricing

May 1, 2015 - Author: Jenelle Taylor, CAI BAS
poster showing raffle ticket pricing

Fingertips for $40

Recently a client asked me about raffle (Chance to Win drawings) pricing.

“I found this on-line as a guideline to selling tickets. Does this make sense?

Raffle ticket sales:  3 tickets for $5, 6 tickets for $10 and finger tip- to-finger tip $20″

Here’s my take:

1. Raffle chance pricing depends on the value of the prizes to be won.

2. Calculate the math equation: How much do you want the raffle to raise (have a goal),  who will be asked to buy tickets and what pricing feels exciting to them, and how many tickets (at what level) can you expect to sell? PRICE x QUANTITY = MONEY RAISED

3. In the example you found, “3-$5 and 6-$10” are the same odds, so there’s no incentive to spend $10 rather than $5.

4. The PURPOSE of unequal odds (increased chances for paying more) is to wildly slant the odds in favor of those more generous. We want to encourage folks to donate more. In Florida (and other states-check your state gaming statutes*) all chances to win do not have to be equal.

5. So, I like

3 – $10, 8 for $20, or fingertip-to-fingertip for $40.

That way the focus is just on selling $40 worth, and if someone is considering $20, have them grab a friend and get tons more chances by splitting the fingertip-to-fingertip (which might be 40-ish tickets)

If the prize(s) are smaller, you could go with 2-$5, 7-$10, fingertips for $20

*A reminder to always know and follow your state regulations on raffles, which often fall under gambling policies. In some states, nonprofits are limited to one per year or need a special license. In Florida (and other states) drawings are required to have a “no purpose necessary to be entered” option, which is why setting any pricing for a chance drawing must be disclosed as a “suggested donation” See the Florida statute here, and happy fundraising!

Categories: Better Buyers, Charity, Consulting, Event Logistics, Other Money Makers, Raffles/Chance Drawings, Templates

►Boost Your Benefit Auction – NEW Book!

August 19, 2013 - Author: Jenelle Taylor, CAI BAS
Cover Photo of new book Boost Your Benefit Auction

Advice for Charity Auctions from 50 Fundraising Auctioneers – New Book

I’ve been busy!

This has been a crazy summer, but this weekend I shipped the first copies of my 4th book!

Wow, was it a great project – challenging, fun, and an awesome end result.

I am so excited to bring this book to market BECAUSE…

there’s seriously never been anything like it.

50 auctioneer contributors.

42 auction companies from across the country.

More than 112 fundraising tips. (I stopped counting at 131!)

ORDER your copy for $29.95 at one of the following secure links:

Books and Seminars for Charities here:http://tinyurl.com/Solutions4Charities

Or (for auctioneers) Resources for Auctioneers here:http://tinyurl.com/Auctioneers-Boost
These shortened URL’s connect to the secure payment processor hosted by GreaterGiving.

 

Categories: Auctioneers, Better Buyers, Charity, Consulting, Event Logistics, Grab Bag, Live Auctions, Other Money Makers, Raffles/Chance Drawings, Silent auctions, Technology

►Voting with Dollars – Genius Quick Tip!

March 14, 2013 - Author: Jenelle Taylor, CAI BAS

Image Credit depositphotos.com

Does your event have a contest component where guests “vote with dollars” such as a costume contest or dance contest?

 

Typically, guests purchase lengths or bundles of tickets, and then they “vote” by putting tickets into containers (paper bags, glass bowls) for their favorite contestants. As the night goes on, they can purchase tickets again and again to help a particular candidate win with the largest number of tickets.

(As a side note, the same process works for the Bucket Chance to Win, previously called Chinese Raffle.)

 

So, hundreds of people have been piling tickets into containers for hours, and now you have to quickly count them up to announce the winner. What if you have a bunch of contestants and tons of tickets? How can you count all that super fast, you ask?

 

Thanks to seasoned Orlando fundraiser and Femmes de Coeur President Judy Conrad for the solution:  Borrow a super-sensitive and perfectly calibrated gold measuring scale from a local jeweler…and simply compare ticket weights to find the winner, no counting necessary!

 

GENIUS! Thanks, Judy 🙂

Categories: Consulting, Event Logistics, Grab Bag, Other Money Makers, Raffles/Chance Drawings

►Get the AUCTION! bible, 1 Week Sale!

March 1, 2013 - Author: Jenelle Taylor, CAI BAS
Cover image of the 250-page Charity Auction Manual called AUCTION! The 98 Solutions to Every Charity Auction Challenge by GALA GAL Jenelle Taylor CAI BAS

Write-in workbook to plan your Benefit Auction, step-by-step, used by Professional Fundraising Auctioneers and their clients across the country

Save $100 off the regular online price! It’s the March Madness sale at GALA GAL, so snatch up your 250-page AUCTION! manual by March 7th, 2013. Get “The 98 Solutions to Every Charity Auction Challenge” at your fingertips.

Read a detailed and helpful “Questions to Ask” excerpt here, and just shoot me a message with your e-mail and I’ll send you our mailing address for a check, use a credit card via secure server with discount code Sale49 here.

                 This is the first sale since last July (8 months ago!) so get your copy now 🙂

Money-back guarantee of course.

Categories: Board members, Charity, Consulting, Event Logistics, Live Auctions, Other Money Makers, Raffles/Chance Drawings, Silent auctions, Templates

►The Auction Bible

June 24, 2012 - Author: Jenelle Taylor, CAI BAS

Cover image of the 250-page Charity Auction Manual called AUCTION! The 98 Solutions to Every Charity Auction Challenge by GALA GAL Jenelle Taylor CAI BASAt a lunchtime meeting with a Clearwater client today, a committee member pulled me aside.  I was surprised and flattered by her request:

 

“Could we have a second copy of your book? It was such a big help to us last year, and Sandy is using the copy you gave us for this fall’s event. But we’d like to put a copy in the archives.

In the archives?

Wow!

I am happy that they continue to use their copy of AUCTION! The 98 Solutions to Every Charity Auction Challenge, and humbled that it’s been deemed important enough to join other historical records in this church’s vault.

Check out an excerpt here “68 Essentials to Ask at a Mid-Point Planning Meeting”

Categories: Better Buyers, Consulting, Event Logistics, Live Auctions, Raffles/Chance Drawings, Silent auctions