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  • FIRST POST
    • jazz girl
    • By jazz girl 8th Oct 19, 5:04 PM
    • 8Posts
    • 2Thanks
    jazz girl
    How much to charge?
    • #1
    • 8th Oct 19, 5:04 PM
    How much to charge? 8th Oct 19 at 5:04 PM
    In May I did a charity fundraising coffee morning with games and a Chinese Auction. We raised 600 in 2 hours which I was really pleased with for a first effort.

    We had 11 prizes in the Chinese Auction with a value between 20-30 and tickets were 2 each.

    We had 1 prize with a value of 110 (to buy - cost price of 50) with a ticket value of 5.

    I'm doing another charity event in November - same format and I am wondering whether to drop the ticket price.

    We have 10 prizes worth 25-35, 1 prize worth 50 and 1 prize worth 99.

    I was thinking 1 for the 25-35, 2 for the 50 prize, 3 for the 99 prize but I am really not sure.

    Obviously I would like to raise more than last time, definitely not less and I would like everyone to have a good time.

    Some of the prizes last time got less bids than others e.g. the car MOT only had one bidder (who lost his ticket!) I have concentrated sourcing similar styles of prizes to those that were popular last time and which are likely to be popular Christmas presents.

    Do people generally have an amount to spend (which would make the auction raffle more fun) or might they just spend less?
Page 1
    • 00ec25
    • By 00ec25 8th Oct 19, 6:34 PM
    • 8,685 Posts
    • 8,605 Thanks
    00ec25
    • #2
    • 8th Oct 19, 6:34 PM
    • #2
    • 8th Oct 19, 6:34 PM
    We have 10 prizes worth 25-35, 1 prize worth 50 and 1 prize worth 99.
    Originally posted by jazz girl
    with a prize pot of that size (approaching 500) are you familiar with the law for raffles? (ie lotteries)
    http://www.gamblingcommission.gov.uk/for-the-public/Fundraising-and-promotions/Fundraising/Lotteries-at-events.aspx
    • jazz girl
    • By jazz girl 9th Oct 19, 10:05 AM
    • 8 Posts
    • 2 Thanks
    jazz girl
    • #3
    • 9th Oct 19, 10:05 AM
    • #3
    • 9th Oct 19, 10:05 AM
    Thank you so much, I've looked into that already - it is an important consideration and we will make sure we stay within the law. Thank you for the link
    Last edited by jazz girl; 09-10-2019 at 10:26 AM.
    • Sandtree
    • By Sandtree 11th Oct 19, 8:11 PM
    • 7 Posts
    • 1 Thanks
    Sandtree
    • #4
    • 11th Oct 19, 8:11 PM
    • #4
    • 11th Oct 19, 8:11 PM
    Never heard of a Chinese auction.

    You need to consider the likely attendees of the event both in terms of numbers and their likely spending habits.

    Any particular reasoning for favouring this style of competition rather than simple price brackets so you don’t risk loss making items?
    • 00ec25
    • By 00ec25 12th Oct 19, 9:08 AM
    • 8,685 Posts
    • 8,605 Thanks
    00ec25
    • #5
    • 12th Oct 19, 9:08 AM
    • #5
    • 12th Oct 19, 9:08 AM
    Never heard of a Chinese auction.
    Originally posted by Sandtree
    look it up then.

    don't worry I save you the trouble:
    "A Chinese auction is a combination of a raffle and an auction that is typically featured at charity, church festival and numerous other events. It can also be known as penny social, penny sale, tricky tray or pick-a-prize according to local custom, or to avoid causing offence.

    It is unclear whether this type of auction actually originated in China; it is much more likely that the term derives from "chance auction," which is also another name for this type of auction. The term "Chinese" may have been used in this case to convey that this type of auction was mysterious, intriguing, or secretive.

    The difference between a raffle and a Chinese auction is that in a raffle with multiple prizes, there is one "hat" from which names are drawn, but in a Chinese auction each prize has its own "hat". This allows ticket buyers to choose which prize to focus on, as opposed to having a first, second, third, etc. prize."


    OP sorry can't advise you on pricing strategy as I never play games of chance, no matter how worthy the cause. You'll just have to take a commercial gamble, particularly if you have experience of poor sales for higher value items when punters don't know what their chance is as they don't know how many tickets have sold
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