How to Arrange A Profitable Raffle

A raffle can be a great fundraiser as your next project.   The old saying of “Buy Low – Sell High” is the most important aspect of the profitability of a raffle. The best possibility is to arrange with businesses to have them donate what will be your raffle items.  This will involve many phone calls to arrange for these donations.

Unless you can get the prize donated, you will have an up front investment, but if you choose a very desirable  prize you can double or triple your investment.

The key to a good raffle is to select a prize that is in high demand and most importantly expose a large number of people to the opportunity to buy your group’s tickets.

1. You must sell a large number of tickets

2. you must have a great prize.

3. You need a lot of people to buy tickets. If you are only going to try to sell tickets to a small number of people, offer a less expensive prize because you may not recoup all the money otherwise.

If you can get a prize donated, then all of your ticket sales will go to profit; but, if the prize is not something people want, then you will not sell as many tickets. Having a great prize is really the key to a successful raffle.

The ideal prize is something that most people want but few people own. Carefully consider who you will be selling tickets to and what they would take a gamble on.

For most prizes, you should sell tickets for a dollar a piece and six for five dollars. Some will argue that you don't want to fool with six for five, but people buy more tickets when they feel like they are getting a bargain. More people will buy five or 10 dollars worth of tickets when you offer the extra one.

If you don’t want the risk of a failed raffle, consider Sunset Coupon Books in the Phoenix, Tempe / Mesa, Tucson Arizona or Salt Lake City Utah areas.

Sunset Coupon Books contain hundreds of dollars in savings from local merchants. The savings enjoyed from using just one or two coupons will pay for the book. And who doesn’t need to save money these days? Sunset Coupon Books are small enough to fit in a pocket or purse yet contain over 40 family-friendly coupons such as 2 for 1 Meals, and Attractions like Bowling, Mini-Golf, Skating, etc; a combined value of over $400 in savings.

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Presented By:
Sunset Coupons
Phoenix AZ
800-627-6340
http://sunsetcoupons.com