Pricing raffle tickets

Many factors go into properly pricing raffle tickets. Here are a few things to think about before pricing your raffle tickets:

1.What is the value of the prize?

2. What price range are your potential donors willing to donate?

3.Will the ticket price allow you to reach your goal?

Let’s look at an example: The ABC School wants to raise $50,000. The ABC School has 500 families and anticipates selling ticket packages to 1,500 different donors. A simple math equation will tell you if everyone of the 1,500 donors buys only 1 ticket, you will need to charge $33 a ticket ($50,000/1,500=$33). Depending on the prize you may feel $33 is too steep for your donors. So lets take a look as a simple resolution; volume packages.

It is always beneficial to offer volume packages. Most donors when viewing a fundraising page with 5 different raffle packages tend to purchase the second or middle package. If the ABC School were to charge $20 for 1 ticket, 3 for $50, 6 for $80, 10 for $100 20 for $150 they can still easily reach their goal because many donors will elect to increase their donation above the bottom option.

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The Ultimate Kansas City Chiefs Experience

Raffle Ready is proud to announce our latest raffle opportunity! Raffle Ready has the privilege of assisting the Andrew J. Somora Foundation raffle. The prizes are top notch- Tickets to the Kansas City Chiefs home game against the San Diego Chargers on November 24, 2013. With a whopping 10 game tickets and tailgating up to 50 people, we’re calling it, “The Ultimate Kansas City Chiefs Experience.” The 10 tickets are located in the lower level section 122, rows 34 and 35. The tailgate for up to 50 people includes a KC Chiefs tailgate bus, catered BBQ meal, various types of drinks and additionally waitresses to serve the food and drinks and last but certainly not least cheerleaders available for photos.

Aside from the raffle itself, we are even more ecstatic to be working with such a great foundation, which supports such a great cause. The Andrew J. Somora Foundation was formed in December 2011 in order to provide financial assistance to those battling colon cancer in the Kansas City area.

Raffle Ready is a online fundraising company dedicated to providing turnkey easy-to-use raffles that will help your nonprofit save time, manage your results and raise more money.

 Buy your raffle tickets today, before it’s too late!!

Visit this Ultimate Kansas City Chief Experience Raffle official website: https://ajs.raffleready.com/the-ultimate-kansas-city-chiefs-experience

Visit the Andrew J. Somora Foundation official website:  www.AndrewJSomoraFoundation.com

Visit Raffle Ready’s official website: https://raffleready.com

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