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Organizing a Car Raffle

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Organizing a Car Raffle – PowerPoint PPT presentation

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Title: Organizing a Car Raffle


1
Organizing a Car Raffle
2
Organizing a Car Raffle
  • Raffles are one type of fundraiser where you have
    almost total control over the expenses and income
    you raise. Raffles might seem simple but, like
    any fundraising effort worth doing, raffles
    should be well planned and organized. Undertaking
    the raffle of an expensive item like a car
    requires even more careful advanced planning.

3
Car Raffle Basics
  • Before deciding to hold a car raffle, it is
    essential that you be aware of what will be
    involved in the process. Unlike a 50/50 raffle or
    the raffle of a smaller prize, the costs involved
    in a car raffle could be much higher. While it
    would be ideal to have a car (or the cost of)
    donated by an individual or corporation, your
    organization must also be aware that the cost of
    the prize may have to be provided by your agency.
    In addition, there may be some expenses involved
    with printing tickets or advertising the event.

4
Obtaining a Prize Donation
  • It is an ideal situation to find a donor/s
    willing to incur the expense of the vehicle. This
    will allow your organization to make a 100
    profit on ticket sales. While you may already
    have a relationship with a wealthy individual
    that would be willing to make the donation,
    corporate sponsorship will more than likely be a
    must to make this fundraiser successful.

5
Obtaining a Prize Donation
  • Corporations are a major source of giving on an
    international scale. Whether they give from their
    corporate foundations or with corporate
    sponsorships, corporations generally want more
    than a feel-good for their part of the bargain.
    Philanthropy is good business. Favorable public
    opinion is a sought after goal in both the
    for-profit and non-profit industries. Aligning
    with a good cause benefits the company by
    boosting good will, perhaps increasing sales,
    raising visibility, and creating a sense of
    benevolence and involvement that may help them
    attract good employees.

6
Obtaining a Prize Donation
  • Youll want to find out which corporations give
    in your area. Also, larger companies such as the
    car manufacturers may participate in corporate
    giving. Some types of corporations to ask for
    sponsorship may include

7
Obtaining a Prize Donation
  • Automotive dealers and large retail stores with
    automotive sections
  • Large hardware stores (they tend to be involved
    with racing, and may also be willing to sell
    tickets)
  • Car Manufacturers
  • Fortune 500 companies in your area
  • Professional Sports Teams
  • Businesses in your area that have shown interest
    in your cause
  • Corporations that have a connection to members of
    your board

8
Obtaining a Prize Donation
  • The goals of the organization and/or specifics of
    the fundraiser
  • The background of the organization
  • Exactly how the donations is going to be used
  • How realistic your fundraising plans are and what
    your budget looks like
  • How the efforts of the fundraiser will be
    monitored and evaluated
  • How their company can be showcased in a positive
    manner

9
Obtaining a Prize Donation
  • Also, a business plan, marketing plan, or other
    documents may be required. Promotion of the event
    will also be key, so that the sponsors can get
    the recognition they deserve.
  • Tip Solicit items via e-mail. Over the past few
    years this has proven to be a highly successful
    strategy. It's quick, costs next to nothing, and
    doesn't take a lot of time (whereas phone calls
    can be quite time consuming).

10
Purchasing the Prize Vehicle
  • If you are unable to obtain sponsors to cover the
    cost of the prize, your organization will have to
    budget for incurring this expense. You may
    already have money available from holding
    previous fundraising events, or you may want to
    work out a deal with a local auto dealer to order
    the vehicle and pay for it with profits from
    ticket sales.

11
Purchasing the Prize Vehicle
  • When choosing the right prize to offer, know the
    demographics of your audience and find raffle
    items that will appeal to them. For example, an
    environmental group could raffle off a new Prius
    hybrid car and a men's group might raffle off a
    Harley Davidson motorcycle. If you will be
    selling to mainly working class people youd
    probably want to consider an economy vehicle,
    while for a wealthier group would prefer a luxury
    car.

12
Selling Tickets
  • A maximum of 5,000 tickets should be sold. This
    entices participants with excellent odds, so be
    sure to mention this statistic to possible
    purchasers.
  • Each volunteer should receive a pre-determined
    number of tickets. That person is responsible for
    the sale or return of ALL tickets given to them
    by the team leader or point person.

13
Selling Tickets
  • Always mention your organization and the cause
    you stand for. People want to know where their
    money will be going and who it will be
    supporting. Be sure to have a few stories of
    success on hand to share with possible donors.
    Appeal to their emotions by sharing personal
    experiences youve had with the organization.

14
Selling Tickets
  • REMEMBER-Raffle tickets are cash! Please make
    your sales team aware of the absolute necessity
    of this fact. If lost, tickets must be paid for
    or found and returned.

15
Price Point
  • The price set for tickets can make or break a
    raffle fundraiser. The ticket price needs to be
    high enough to reflect the value of the prize,
    and to raise the funds needed. However, it
    shouldnt be so high that no one will want to buy
    a ticket!

16
Price Point
  • Again, you have to know your audience. What are
    your supporters willing to pay for a ticket? For
    some luxury prizes and/or audiences you may need
    to charge 50 or 100 a ticket. But remember, the
    lower your ticket price, the more tickets you
    need to sell to make a good profit. For an
    economy vehicle, a ticket price of 20 or 25 is
    the norm.
  • This is why having a big prize is so important.
    You can charge a higher ticket price for big
    ticket prizes, thus creating even more profit for
    your organization.

17
Promotions
  • Show your prize off!
  • This is a fundraiser that should be advertised
    heavily to sell tickets quickly. Drive up demand
    by having photos of the car in your advertising,
    on your website, or in your flyers. If using
    flyers as a promotional tool, be sure to include
    a photo, car information, a contact person, price
    of tickets, number of tickets to be sold, date
    and time of raffle, and sponsors you wish to
    advertise.

18
Promotions
  • Post these flyers throughout the community and
    print out smaller flyers to distribute to
    individuals. Solicit businesses in your area that
    will allow you to sell tickets for a day. Focus
    on retailers who get a great deal of customers
    throughout the day.

19
Promotions
  • Retailers to inquire for sales permission
    include
  • Car Dealerships
  • Motorcycle Shops
  • Automotive Stores
  • Grocery Stores
  • Warehouse Stores
  • Department Stores
  • Malls
  • Gyms
  • Restaurants
  • Bars
  • Apartment Complexes

20
Rules
  • Youll want to set some rules or guidelines for
    the raffle. Examples may include
  • There is no limit to the number of tickets an
    individual can purchase.
  • To avoid any fraud or perception of fraud, no
    employees of your organization or any
    organization associated with the raffle can be
    eligible for prizes.

21
Good Luck!!!
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