Would you pay $5 for a quilt raffle ticket?
10-06-2011, 11:21 AM
#141
Senior Member
Join Date: May 2010
Location: WV
Posts: 447
$5 for a quilt? Heck yeah! You have around $150 plus in it! Guess that depends on the size of what you would have in it! But, Yes, I would more than likely spend $5 for a ticket! Geesh, I seen men stuff tickets for more, even $50-$100 a ticket!
10-06-2011, 11:29 AM
#143
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
Originally Posted by Suzanne in VT
I'm in the process of making a queen sized log cabin quilt with all Moda fabrics (Kansas Troubles) to raffle off for a fundraiser.
This will be the only thing raffled off and I am wondering how much to charge per ticket. I know I have bought tickets in the past that were like $2/each or 3 for $5, but am wondering what others out there pay.
This is for a mission trip that my daughter is going on with a group of students from Liberty University. It is expensive and we need to make as much as possible.
Would you pay $5 for a quilt raffle ticket? I'm thinking we could do $5/each or 3 for $10. I know personally I would pay that much for a ticket on a quilt that I loved (and also for a cause that I supported), but don't want to set this price if it is a really bad idea.
Your thoughts?
This will be the only thing raffled off and I am wondering how much to charge per ticket. I know I have bought tickets in the past that were like $2/each or 3 for $5, but am wondering what others out there pay.
This is for a mission trip that my daughter is going on with a group of students from Liberty University. It is expensive and we need to make as much as possible.
Would you pay $5 for a quilt raffle ticket? I'm thinking we could do $5/each or 3 for $10. I know personally I would pay that much for a ticket on a quilt that I loved (and also for a cause that I supported), but don't want to set this price if it is a really bad idea.
Your thoughts?
When I buy chances I decide how much I'll spend, then buy tickets accordingly. If I want to spend $20, I'll buy 24 tickets here or 4 thickets if you stay at $5 each,
HOWEVER, at $5 each, you will cut out a few people who will spend a dollar and no more.
10-06-2011, 11:32 AM
#144
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
Originally Posted by Barbshobbies
I would not think twice to pay $5 or even $10 for a raffle ticket for a quilt. We had a benifit a while back and the quilt went for over $500. I think on average people can see what a quilt takes to make. I think it is a wonderful idea, and if you decide to go lower, $5 for one or 3 for $10 is good. This depends on what type of people you think your buyers will be. Students..Working people...retires folks and so on!
10-06-2011, 11:35 AM
#145
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
Originally Posted by Suzanne in VT
I forgot to ask you how you go about selling the tickets. Do you set up a booth/table somewhere, sell them online, etc?
Anyone else can chime in here too. The more I can promote this quilt the better.
Anyone else can chime in here too. The more I can promote this quilt the better.
10-06-2011, 11:38 AM
#146
Junior Member
Join Date: Jun 2010
Posts: 183
I belong to a guild and we make a raffle quilt every year. $1,000 goes to a local historical building for upkeep and the guild keeps whatever else is left to help meet its needs. We have always charged $1.00 per ticket or 6 for $5. Almost everyone buys a packet of 6 for $5.00. Somehow it seems much cheaper at our price even though the chance of winning is about the same. We don't sell many $1 tickets. Is there anywhere else you can display the quilt and sell tickets before the auction? The more people to see it the more tickets you'll sell. Good luck!
10-06-2011, 11:42 AM
#147
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
Originally Posted by BellaBoo
If you have lots of crowd gathering places to sell at, the $5 tickets will garner more money for less tickets. The value is not there to sell $1 a ticket to make the most money in a short amount of time. You need five people to spend $1 vs. one person to spend $5. Less places you have to go to to sell and less money invested in the fundraiser quilt for a bigger return. One marketing trick to donations or sells, have a clear ticket stub container and have it look at least 3/4 full of sold ticket stubs or donations (use filler paper to make it appear full) That will stimulate buying or donating. Marketing tricks work or they wouldn't be used.
10-06-2011, 11:48 AM
#148
Super Member
Join Date: Jan 2009
Posts: 4,688
I am still unclear on this whole raffle project, no matter what the ticket price.
Is the raffle to raise money to help the entire group of students to go on this trip, or just so your daughter can afford to join them?
Holding a raffle in most states, Vermont included, for private gain is illegal. You must be a non-profit organization to hold one and, even then, the uses of funds raised by raffles are limited.
Is Liberty University (which is in Lynchburg, Virginia) aware that you plan to hold a raffle somewhere in Vermont under the auspices of providing support for one of their many mission trips? If you are, as you stated, asking buyers "to support this group", then any funds raised must go entirely to the university for the whole group. To do otherwise would also be illegal.
It seems like you would need some kind of proof that you have their authorization if you are raising funds in their name. How is the ticket buyer to know the money will actually get to the university...and how will the university know that what they get is what you actually raised?
It just seems to me that you have some far more serious questions to deal with than simply what to charge for a raffle ticket...but I could be wrong. After only 30 years of non-profit finance I certainly don't know everything. :lol:
Is the raffle to raise money to help the entire group of students to go on this trip, or just so your daughter can afford to join them?
Holding a raffle in most states, Vermont included, for private gain is illegal. You must be a non-profit organization to hold one and, even then, the uses of funds raised by raffles are limited.
Is Liberty University (which is in Lynchburg, Virginia) aware that you plan to hold a raffle somewhere in Vermont under the auspices of providing support for one of their many mission trips? If you are, as you stated, asking buyers "to support this group", then any funds raised must go entirely to the university for the whole group. To do otherwise would also be illegal.
It seems like you would need some kind of proof that you have their authorization if you are raising funds in their name. How is the ticket buyer to know the money will actually get to the university...and how will the university know that what they get is what you actually raised?
It just seems to me that you have some far more serious questions to deal with than simply what to charge for a raffle ticket...but I could be wrong. After only 30 years of non-profit finance I certainly don't know everything. :lol:
10-06-2011, 11:49 AM
#149
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
Originally Posted by Edie
When the two Susan G. Komen Breast Cancer quilts that I made were raffled off, the tickets were $5.00 each or five for $20.00. They sold a lot of the $20.00 tickets, so much so that the first year they made over $1,000 and the second year was close to $2,000. I was pretty darn proud of that! So, when the quilt is displayed and people see it, they realize the $5.00 or $20.00 is going for a good cause and the amount is not too high. I think it works out perfectly. Even after making it, we bought a $20.00 raffle ticket. Edie
BUT, that was for a very well known cause. Makes a big difference.
10-06-2011, 11:53 AM
#150
Super Member
Join Date: Aug 2010
Location: S. W. Indiana
Posts: 7,484
Originally Posted by caspharm
The guilds I have seen as well as a fund raiser by another group was charging $1/ticket or $5 for 6 tickets for a raffle quilt.
Even a restored car was being raffled for $1/ticket and 6/$5 at a festival I went to.
Good luck!
Even a restored car was being raffled for $1/ticket and 6/$5 at a festival I went to.
Good luck!
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