gourmetgogl.blogg.se - Raffle tickets for sale 21158

Participation rates were fairly similar with around half the people approached donating regardless of the pricing method.

Let us take care of your discounted pricing with Bolsta Raffles using bonus tickets as a way to promote higher spending Discounted Pricing – price per ticket goes down the more you buy i.e.

‘Pay What You Want’ – Pay a fixed price for a single ticket but also ask the buyer to give an additional voluntary donation over and above the ticket price.

promote fairness by discouraging any one person from buying large amounts of tickets

Penalty Pricing – price per ticket goes up the more tickets you buy i.e.

Fixed Pricing – all tickets were priced the same regardless of how many you buy.

They approached 834 people of which 51% donated $4,263. The researchers partnered with a charity and sold raffle tickets door-to-door using four different ticket pricing methods. Fighting through the academic lingo and heavy mathematics was worth the effort as it presented some interesting results. The article outlines research conducted in the USA to test which ticket pricing strategies result in higher spending by buyers. This longstanding assumption is tackled in a journal article written in 2017 titled ‘ Using raffles to fund public goods: Lessons from a field experiment’. The question is though, does discounting tickets actually result in people spending more money? Invariably, they will entice you with some bonus tickets if you spend a little more. The ticket sellers come around offering some friendly banter to ensure that you part ways with a lazy $5 for a good cause. Many of us have experienced the classic pub meat raffle.