Go Back  Quiltingboard Forums > Main
Would you pay $5 for a quilt raffle ticket? >

Would you pay $5 for a quilt raffle ticket?

Would you pay $5 for a quilt raffle ticket?

Thread Tools
 
Old 10-06-2011, 02:57 AM
  #61  
Super Member
 
Happy Tails's Avatar
 
Join Date: Dec 2009
Location: Timberlea, Nova Scotia, Canada
Posts: 1,262
Default

yup me too
Originally Posted by SuzyQ
If the cause was right, I would regardless of whether I really wanted the quilt or not LOL. I've frequently bought raffle tickets praying I DIDN'T win.

Suzy
Happy Tails is offline  
Old 10-06-2011, 03:06 AM
  #62  
Senior Member
 
janell2009's Avatar
 
Join Date: Mar 2011
Location: South Dakota
Posts: 414
Default

I would try and figure out what your potential is for selling tickets and compare it to how much you would like to make... If you have 10 people who will be helping you sell tickets, they should be able to sell 10 tickets each. that is 100 tickets. So if you want to make $500 then you would have to have the tickets be $5 each.

Start there

How many people will help you sell tickets?

How much money do you want to make?

Because you are just selling chances it does not matter how many chances you get it matters how much money you make, so if you want $5 from each person do the one chance for $3 or 2 for $5 most people will pick the 2 for $5, and tell your ticket sellers to push the 2 for $5.
janell2009 is offline  
Old 10-06-2011, 03:08 AM
  #63  
Super Member
 
coachmatthewsvhs's Avatar
 
Join Date: Dec 2010
Location: Vestal, NY
Posts: 1,659
Default

yes.... and they sell better than $10 tickets.... I did $10 tickets... found people would rather buy 4 for 20 than two at 10. Raised almost $3,000!! Go for it!!
coachmatthewsvhs is offline  
Old 10-06-2011, 03:09 AM
  #64  
Super Member
 
noveltyjunkie's Avatar
 
Join Date: Jun 2010
Location: 53 degrees North
Posts: 1,679
Default

You have different markets- people who want to support your cause and may put in 5 or 10 dollars no matter what the tickets cost and the people who don't know, or even care, much about your cause but might buy a ticket for a chance to win the quilt.

The trick is to sell tickets to both! I have been at charity events when I wanted to support a raffle and have been a bit blown away by the high entry level price for participation, but I have paid it and, in that situation, you probably will make more on higher priced ticket. (The situation you are planning to sell in though, does not sound like this to me.)

But for the passing person who thinks the quilt is cute and wants to take a chance on owning it, I think the psychology is quite different and you will lose sales by upping the minimum stake. Only you can know how that balance weighs up in the situations where you will be seeling tickets.

PS, if 100 people buy a ticket for 5 dollars, or 100 people buy 6 tickets for 5 dollars, each person has the same (1%) chance of winning but many of them will feel they have a better chance with multiple tickets- it doesnt make sense, but if it influences purchase, you have to bear it in mind.
noveltyjunkie is offline  
Old 10-06-2011, 03:29 AM
  #65  
Super Member
 
quilt3311's Avatar
 
Join Date: Jul 2010
Location: Nebraska
Posts: 1,866
Default

I would go with the $2 or 3 for $5 or $1 and 6 for $5 --I would buy then, but for $5 for one ticket, probably would pass. I have only done that once and the quilt was a fantastic Baltimore Applique quilt that had been hand quilted. Didn't win either. grin. but would spring for the 3 for $5.
quilt3311 is offline  
Old 10-06-2011, 03:38 AM
  #66  
Super Member
 
Join Date: Jun 2009
Location: Bluebell
Posts: 4,291
Default

I just bought one for 6 for $5.00. I just look at it as a donation.
deedum is offline  
Old 10-06-2011, 03:38 AM
  #67  
Super Member
 
Join Date: Jun 2009
Location: Bluebell
Posts: 4,291
Default

I just boought one for 6 for $5.00. I just look at it as a donation.

oops!
deedum is offline  
Old 10-06-2011, 03:41 AM
  #68  
Super Member
 
Join Date: Feb 2011
Location: Houston, TX
Posts: 7,312
Default

I probably would not pay $5 for just one ticket. But I would have no problem paying $1 for one or $5 for 6 chances.
JanieH is offline  
Old 10-06-2011, 03:46 AM
  #69  
Super Member
 
girlsfour's Avatar
 
Join Date: Sep 2010
Location: Woodbury, MN
Posts: 1,027
Default

I would no doubt pay $5. It's a win-win situation when it's a good cause and the buyer likes the winning product. But....there are people out there who probably wouldn't. You might sell more tickets if they were cheaper.
girlsfour is offline  
Old 10-06-2011, 03:47 AM
  #70  
Senior Member
 
Join Date: May 2010
Location: Florida
Posts: 346
Default

If it is a cause or charity that I believe in, I would spend whatever is asked. But, that said, you might do better in quantity if the tickets were a liitle less. For instance, if the tickets are $5, then they will buy one ticket. If they are $2 each, $5 for 3, 10 for 10, you'll get more takers at the higher. The whole point is to get as much as possible. It's what we did at an annual charity I was involved with, you be surprised how many bought $10 worth.
ccrow99 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
lots2do
Main
41
10-05-2016 03:50 PM
Bataplai
Main
7
03-04-2013 07:02 AM
bloocar
For Vintage & Antique Machine Enthusiasts
13
02-27-2013 06:31 AM
love to sew
Main
7
02-24-2012 04:13 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



FREE Quilting Newsletter