Posts Tagged ‘sponsor’

Attracting Sponsors

Monday, November 22nd, 2010

Unlike with some other forms of fundraising, in order to host a raffle you need to have some money budgeted to begin with. If you really want people to buy your raffle tickets, you need to be able to offer attractive prizes which means spending some cash long before you see any return on your efforts. However, if you put some careful thought into your raffle beforehand, you can often find ways to reduce this initial outlay.

One significant way to save money on your prizes is to find sponsors for your raffle. Individuals or organizations willing to donate their time, money or products to your cause. Of course, the more worthy they consider the cause, the easier this will be. If you’re a non-profit organization, it’ll probably be a lot easier to find sponsors. But you can also create incentive for sponsors by giving them something more in return for their generosity than just your sincere thanks. One very easy way to do this is to include your sponsors’ names on the raffle tickets themselves. This shouldn’t cost you any extra, and it gives your sponsors free advertising. Their name will reach as many people as your fundraising does.