When you have items to auction or raffle off you should use two rules to determine if it should be a raffle or an auction item. First, if you have any item with interest by a large group of your attendees should be held as a raffle instead of an auction. So, if your nonprofit has a field trip with the mayor, box seats for the local sports team, or dinner for 6 at a local restaurant, then you should use a Raffle. The second rule for raffles is if you have a very large item like a car, season box seats, or a parking spot for the year. In this case Event.gives raffle software will allow you to sell tickets online to a large group of people before the event. You can even have folks go door to door selling raffle tickets for your nonprofit. In this case you can raise a lot more money for your cause than if you if you hold an auction that just a couple of participants are available to bid on the large item.
You will raise more money hosting a raffle than an auction if there is a large amount of people. This reason is because of the amount of potential raffle ticket buyers. If you have a $100 gift certificate to a restaurant and you auction the item off then a bidder will win the certificate and you will raise $100 for the face value at best. If there is a large group of attendees at the event and you sold 100 $5 raffle tickets for the certificate then you would raise $500. You want to have a good idea of how many people will be at the event so you are able to decide which fundraising method to conduct. Event.Gives full-featured ticketing platform you will give you a better idea of how many people will show up at your event. The number of people who attend the event can have a huge impact on success.
Item size is the next indicator of which fundraising solution to use. Large items such as a car, season box tickets, or a parking spot for a year are very attractive items for people. If you auction a car it is likely that only a few participants will want to bid on it because the minimum bid will be set high. If you have a raffle for a car and the tickets are much cheaper you can raise a lot more money for the cause than an auction because a lot of people will buy a lower cost raffle ticket in hopes of winning a car for an incredible price.