View Full Version : Fundraising Idea - Carr Raffle
Toucan
10-23-2008, 03:06 PM
Has anyone every tried this? Does it work?
1. Pick a goal (buy a house, whatever) that everyone can rally around.
2. Go to a car dealership and work out a deal to buy a hybrid, in the future, at a good price. (Do your research: everything but the holdback sounds nice) Don;t know how well hybrids are selling. Make sure they know they can put their advertisments on the car too.
3. Get tickets professionaly printed based on a fixed run for double the value (not your cost. :) of the car. (Speak to Steve for more ticket creation info) Make sure it is clear what the moeny is going for. (see item 1.)
4. Make a banner and a basic booth and BORROW (likely from the car dealer who will apriceate the publicity), a car similar to what you are raffeling and go to fairs, walmart, malls, on various days and sell tickets.
5. Sell tickets to family and friends for additional revenue.
6. When you have sold all the tickets you will have more than twice the purchase price of the car.
7. Hold the raffle and enjoy the phat bank.
8. Shake, repeat, until you have enough money to but a house.
neville
10-23-2008, 04:00 PM
High Reward, but VERY HIGH RISK
jimmy
10-23-2008, 04:08 PM
I say we just rob a bank, can we do that anybody up for it, we could make it a brotherhood event.
JoeCline
10-23-2008, 04:15 PM
It is high risk, but a fundraiser just takes work. The tickets won't sell themselves. The only issue I see w/ repeating a fundraiser is that you might saturate the market w/ doing the same one over and over. Maybe do a big one like a car and scale it back to say like a gun, or whatever, or even do smaller ones in between your big fundraisers that you could do like once or maybe twice a year.
RobbieNelson
10-23-2008, 04:42 PM
What would the ticket price be?
Quick example:
$20,000 car
$40,000 in ticket sales needed for goal
$20/ticket (most people have a 20 spot in their pocket)
2000 tickets
Also, with proper marketing for the car dealer they'd probably let you have the car at dealer cost(invoice - hold-back). They'd be getting free advertising. With gas prices falling, you might not need a hybrid.
Toucan
10-23-2008, 06:21 PM
What would the ticket price be?
Quick example:
$20,000 car
$40,000 in ticket sales needed for goal
$20/ticket (most people have a 20 spot in their pocket)
2000 tickets
Also, with proper marketing for the car dealer they'd probably let you have the car at dealer cost(invoice - hold-back). They'd be getting free advertising. With gas prices falling, you might not need a hybrid.
You got the theory. All you have to do is take a summer and got to sports events, county fairs, etc and sell them tix.
All I'm saying is: get a project everyone can rally around, think big, limit your exposure, and go do it.
Toucan
10-23-2008, 06:22 PM
High Reward, but VERY HIGH RISK
Where is the risk? You don't buy the car till you sell all the tix and have the money. Worst you can be out is time...
jimmy
10-23-2008, 06:28 PM
What would the ticket price be?
Quick example:
$20,000 car
$40,000 in ticket sales needed for goal
$20/ticket (most people have a 20 spot in their pocket)
2000 tickets
Also, with proper marketing for the car dealer they'd probably let you have the car at dealer cost(invoice - hold-back). They'd be getting free advertising. With gas prices falling, you might not need a hybrid.
nobody wants to spend twenty on a raffle ticket though
neville
10-23-2008, 06:49 PM
Where is the risk? You don't buy the car till you sell all the tix and have the money. Worst you can be out is time...
The risk is this:
You sell tickets for $20, you need to sell 2,000 to make double, sell 1,000 to cover costs.
You set a date for when the drawing is, and when that date hits, you've sold 792 tickets.
You then owe money to cover the cost of the car.
If you don't set a date for when the drawing is, I think people will be leery of buying.
If some random person came up to you and said "Give me $20 and I'll give you a shot at winning a car. Can't tell you when the drawing will be though, sorry." You'd instantly think "scam."
Toucan
10-23-2008, 06:55 PM
If you don't set a date for when the drawing is, I think people will be leery of buying.
My experiance is that when you are honest that this is afixed run of X tickets total they know their odds and people are comfortable.
How many fundraisers have you run where this is an issue?
neville
10-23-2008, 07:00 PM
My experiance is that when you are honest that this is afixed run of X tickets total they know their odds and people are comfortable.
How many fundraisers have you run where this is an issue?
We've only had one fundraiser that involved selling things, and particiapation and selling was an issue, hence my apprehension on this.
I think its a ****ing brilliant idea, and I'd love to do it, but it worries me a little
Swallace
10-24-2008, 10:22 AM
nobody wants to spend twenty on a raffle ticket though
It is all to the audience that you are selling to. You are right, a kid on campus may not have to spend on a ticket. The goal is to sell to the next level. Go to where the people are and sell tickets. Think along the lines of the Fall Festival in Evansville, the state fair in Indy, IU and ND football games, ect. This can be done, but it is a lot of work.
A chapter has to be willing to commit to a lot of time and effort to make this happen. Any good fund raiser is hard work.
jimmy
10-24-2008, 11:07 AM
It is all to the audience that you are selling to. You are right, a kid on campus may not have to spend on a ticket. The goal is to sell to the next level. Go to where the people are and sell tickets. Think along the lines of the Fall Festival in Evansville, the state fair in Indy, IU and ND football games, ect. This can be done, but it is a lot of work.
A chapter has to be willing to commit to a lot of time and effort to make this happen. Any good fund raiser is hard work.
I don't think it will work personally, but if the chapter decides to do it I'm all in, and if it goes down I go down with it.
David
10-24-2008, 01:30 PM
There are about 10 or so that would be really involved. The rest would not care about helping, but they will be there to bitch about all the flaws and what is going bad. Those are guys we do not need.
JoeCline
10-24-2008, 02:05 PM
There are about 10 or so that would be really involved. The rest would not care about helping, but they will be there to bitch about all the flaws and what is going bad. Those are guys we do not need.
I think they call those "knuckle Bones". Isn't that from the old pledge book? Something about the different types of bones the chapter has? :dunno:
Like Swally and I said, it will work, but it is always hard work to get it to work.
jimmy
10-24-2008, 02:23 PM
There are about 10 or so that would be really involved. The rest would not care about helping, but they will be there to bitch about all the flaws and what is going bad. Those are guys we do not need.
Was that a stab at me, because you know i will put my nuts on the line for this. espesially if i can win the car.
Toucan
10-24-2008, 03:42 PM
Was that a stab at me, because you know i will put my nuts on the line for this. espesially if i can win the car.
Guys, this is why you need t opick what you are going to do with the money first.
Get a cause everyone can rally behind.
durbas01
10-25-2008, 03:10 AM
Here is my input on this subjuct for what's worth. In the late 80's and early 90's when a small sporty car could be had for around $15,000 the local high school hockey raffled of a car. They sold 10,000 tickets for $3:00 each. The car was purchased in early summer and given away on Thanksgiving weekend. In the meantime the car was displayed at county fairs, firemen jubliees, church festivals, etc. and at various local malls. This helped greatly to sell tickets. It took a lot of dedicated people putting in a lot of time to pull thiis off. This involved the hockey team, the parents, realtives and friends. I know this because I worked with the business manager of the team and he nailed me for mucho dollars. The question is....can the 2000 tickets be sold by the amount of people involved in this raffle?
David
10-25-2008, 03:44 AM
Was that a stab at me, because you know i will put my nuts on the line for this. espesially if i can win the car.
No, just a general comment.
JakeTheSnake
10-25-2008, 11:04 PM
but we aren't hurting your chances at selling tickets. so if and when we're right, the bitching will be well justified.
personally i always think we initially set the prices too high. id rather try to sell 8000 tickets at 5$ than 2000 at $20
There are about 10 or so that would be really involved. The rest would not care about helping, but they will be there to bitch about all the flaws and what is going bad. Those are guys we do not need.
also the reason we bitched about the last raffle was that it only took 8 tickets to pay for the gift card of 40$ we weren't the only ones that knew that. the customers did too and they realized for the price they were paying the reward was nowhere near worth it.
but if it's set right and it's not organized half-assed then you will have a lot more than 10 people helping out.
but we aren't hurting your chances at selling tickets. so if and when we're right, the bitching will be well justified.
personally i always think we initially set the prices too high. id rather try to sell 8000 tickets at 5$ than 2000 at $20
also the reason we bitched about the last raffle was that it only took 8 tickets to pay for the gift card of 40$ we weren't the only ones that knew that. the customers did too and they realized for the price they were paying the reward was nowhere near worth it.
but if it's set right and it's not organized half-assed then you will have a lot more than 10 people helping out.
$20 to win a car is a pretty good price.
David
10-27-2008, 09:15 AM
personally i always think we initially set the prices too high. id rather try to sell 8000 tickets at 5$ than 2000 at $20
How about 8000 tickets at $20. We could make a fortune.
Toucan
10-27-2008, 09:47 AM
$20 to win a car is a pretty good price.
I think so too...especially if you push the idea that this is a limited run of tickets.
Also, what about Durbas's question? Do you have the commitment and the market to support this?
If so stop typing and start doing!
jimmy
10-27-2008, 11:15 AM
well if we are going to do this we need to get started now
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