March 27, 2023
4 Tips To Raise More Money from Fundraising Raffle
Fundraising raffles can significantly increase the revenue from your charity fundraising event. Raffles are especially appropriate for silent auctions since attendees typically arrive with cash to spend and hang out until the raffle winner is revealed, giving them more opportunity to browse and place bids on items. They are also acceptable for low- to medium-level fundraising dinners and events, but often are not suitable for expensive balls and galas.
Before including a raffle at your event, be sure that doing so is legal in your community for non-profit organisations. If they are, you can pick eye-catching raffle goods from donations made for the occasion or buy them reasonably. You can also look for raffle goods that are big enough to allow you to sell raffle tickets for at least $5 each.
Here are four tips for increasing the revenue you bring in with your raffle add-on:
Take Cash, Checks and Credit Cards
We suggest that your non-profit should be prepared to accept cash, checks and credit cards as payment for raffle tickets. Major credit cards are accepted at more raffles, which results in the sale of 20-30% more tickets by participants who forgot their cash at home. Be sure to make announcements from the podium and post signs indicating that you will be collecting credit cards at the raffle table.
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Fundraising raffles can significantly increase the revenue from your charity fundraising event. Raffles are especially appropriate for silent auctions since attendees typically arrive with cash to spend and hang out until the raffle winner is revealed, giving them more opportunity to browse and place bids on items. They are also acceptable for low- to medium-level fundraising dinners and events, but often are not suitable for expensive balls and galas.
Before including a raffle at your event, be sure that doing so is legal in your community for non-profit organisations. If they are, you can pick eye-catching raffle goods from donations made for the occasion or buy them reasonably. You can also look for raffle goods that are big enough to allow you to sell raffle tickets for at least $5 each.
Here are four tips for increasing the revenue you bring in with your raffle add-on:
Take Cash, Checks and Credit Cards
We suggest that your non-profit should be prepared to accept cash, checks and credit cards as payment for raffle tickets. Major credit cards are accepted at more raffles, which results in the sale of 20-30% more tickets by participants who forgot their cash at home. Be sure to make announcements from the podium and post signs indicating that you will be collecting credit cards at the raffle table.
