Re: [GSAS-board] Raffle??

From: gsas-board-bounces@thekrib.com [mailto:gsas-board-bounces@thekrib.com] On Behalf Of Phil Lacefield Jr.
Sent: Tuesday, March 31, 2009 11:18 AM
To: 'GSAS board members and alumni'
Subject: Re: [GSAS-board] Raffle??

>>Do you guys think a raffle would generate more $$ than auctioning the tank off considering the number of people we get??

The tank is a donation; if we get one dollar for it, that’s one more dollar than we had before.

Here’s my take on it: if I auction the thing, only a few people will bid on it, because it’s such an unusual shape and size. Not everyone can use it (as opposed to a 10gal, 55gal, etc.), not everyone had the space for it, and not everyone will want to pony up for the proprietary stand, hood and such (whereas a 55gal and the like can be set on pretty much any flat surface.) If I auction it off, I don’t anticipate getting very much for it at all. I can’t start the bidding too high as no one will open; if I start it at a dollar, it’s likely not going to go very high, as the people who DO want it will be few and far between, and interest will most likely peter out quickly.

If we raffle it, along with some other things, we’re going to get a LOT of money for raffle tickets (at a buck a pop, or 6/$5), and most likely more dues-paying members (because you need to be a member to buy tickets.) Both raise more money for the club than just auctioning the thing off. PLUS, if we wait to do the raffle at the VERY END of the auction, more folks will stick around longer (I hope) and we can sell tickets right up to the very end.

Again, just my two bits worth.

Phil

A raffle, properly promoted, may generate more money. Promotion is one of the most important keys to a successful raffle. Do we have enough time, and the means, to promote the raffle before the auction? Keep in mind if we only sell 50 tickets at $1 each, then all the club earns is $50. Ideally, I think if we were going to do a raffle we would have promoted it on our flyers. I’m just providing my opinion. Roy.