Organizing a raffle is one of those fundraising ideas for a school that if appropriately implemented can achieve great financial success. The beauty about this strategy is that if the school can manage to find sponsors who’ll donate the various prizes to be won then the costs incurred will be minimal, effectively guaranteeing the realization of high profits. This is a great way to raise money for any size of group – it will suffice for the basketball team or even an entire grade level of students.
The first requirement of organizing a successful raffle is the selection of attractive prizes – people will certainly want to know what will be up for grabs before they buy tickets. The idea here is to avail rewards that’ll strike a chord with members of the target audience. A sports team will have an easy time selling tickets if it can avail sports memorabilia or tickets autographed by local sports celebrities, preferably from the same sport. For example, the school basketball team can have stars from the local NBA team autograph school spirit gear which will then be raffled off.
There are so many ideas for raffle fundraising in school prizes. Tickets for a weekend getaway for two will sound especially appealing for couples. Guys in the community will certainly jump at the chance to win different electronic equipment and gadgets including stereos and high-end mobile phones. Parents can be pretty enthusiastic about taking away items of art, photography and jewelry created by students. The opportunity to win free airfare will excite pretty much anyone especially considering that it is the high costs of flying that discourage many people from travelling. Gift certificates are yet another attractive option because virtually everyone will relish the chance to walk into a local glitzy restaurant, movie theater, or store, and pay nothing for the service or merchandise.
It is well and good to think up all the above prizes but securing them is quite another thing. The best place to begin is within the school community – find out what students, teachers, parents and the staff can do to help. Chances are that you’ll find several people who are willing to donate some valuable stuff and others who know or are influential people at different organizations which can sponsor donations. Others may know or be related to sport megastars who’ll then make it easy to, for example, secure autographs.
The success of many fundraising ideas for a school is pegged on effective price setting – raffle ticket pricing is especially crucial. A suitable compromise must be reached; a price reasonably high to accentuate the prizes value yet suitably affordable to facilitate ticket sales. Ticket price determination is best done by considering the audience. With regards to ticket sale, various venues can be used. Raffle tickets can be sold at local stores or at other locations with considerable people traffic. Online ticket sales especially via social media will effectively promote the raffle to a global audience.
This fundraising in school idea requires appropriate goal-setting to succeed. The organizing committee must identify the minimum number of tickets that should be sold and then determine an appropriate timeframe for ticket sales well before the raffle is done. As with other fundraising ideas for a school, participating students who excel at performing designated roles should be well rewarded. Ticket buyers and sellers, as well as organizations and individuals who made donations, should all be recognized and thanked.
About ensuring the effectiveness of raffle fundraising in sc