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#1
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I've thought about this in the past and I'm in the camp that more chances would be sold at a lower price point. I think that even dropping the price to $10 a chance with a minimum of 500 sold ($5k) would get more people off the fence and to take a chance. But I could be totally wrong about my assumption. Speaking for myself; I bought 6 for $120 because that's where I felt comfortable and I'd have spent the same amount on this raffle regardless of the price being $20, $10, $5 or $2.
Just my two cents. |
#2
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I think the big detriment to having the raffle be only $1 or $2 is the more work it entails for the organizers. It's easier to keep track of 250 $20 entries being paid than 4000 $1 entries being paid. Just thinking about double checking a list of 4000 for payments received makes me shudder. Plus, since Graig is being paid through services like PayPal, having a huge influx of $1 payments hitting his account might send up red flags in their system. Just my $0.02.
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