6 Revenue Generators that will ROCK your revenue
Increase revenue at your next fundraiser! Here are 6 revenue generators that have great success at auctions and galas. These all are great opportunities for sponsors to underwrite as well!
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LAST PADDLE UP
Profitability: anywhere from $1,000 to $30,000+
Description: Offer a prize (valued at $500 ore more) to the last person to raise their paddle at a starting level of $50 or $100. Every time they raise their paddle, they are making another donation. The last person to donate wins the prize. This is done very fast and should be conducted by a professional auctioneer for best results.
GOLDEN TICKET
Profitability: anywhere from $3,000 to $20,000+
Description: Sell 100 tickets and draw a winner for a fantastic prize! We’ve been doing the ticket price at $100, which if all sold yields a total of $10,000 revenue. Prizes we have used have been things like HGA Fundraising’s “Winners choose from three amazing destinations!”, “Winner picks the live auction item they want”, to a “Private Chef Experience at your home with wine pairing.”
PADDLE DROP
Profitability: anywhere from $3,000 to $20,000+
Description: At the end of your fundraising portion of the program simply ask guests to donate their paddles and have volunteers collect them. Each paddle is a $50 donation (or set the amount higher for more revenue). After collecting all the paddles, mix them up and pull one of them out randomly (I like to toss them up in the air and have someone from the organization catch one). The winner gets a prize valued at ($500 or more).
HEADS OR TAILS
Profitability: anywhere from $1,000 to $10,000
Description: Super easy and fun game to play at the start of your event. It also serves to transition the energy of the room from cocktail hour to your programming. Sell necklaces to your supporters for a chance to play (Typically 1 for $20, 3 for $50, 10 for $100). Each necklace is a chance to play. Host will then flip a large coin and before coin is flipped everyone selects either their head or their backside for tails. The game is played until we have one person remaining with beads. Prize should be valued at $500 or more.
ROCK, PAPER, SCISSORS
Profitability: anywhere from $1,000 to $10,000
Description: This is by far my favorite and it too serves to transition the energy of the room from cocktail hour to your programming. Sell glow rings to your supporters for a chance to play (Typically 1 for $30). This game is process of elimination. Everyone finds a partner as we call out 1..2..3..SHOOT. Those that win go to next round. The game is played until we have two remaining and find one winner! Prize should be valued at $500 or more.
PRIZE DROP
Profitability: anywhere from $1,000 to $10,000
Description: This is a fantastic way to have your sponsor get up and close with your donors (perfect for real-estate agents). Guests pay $20 for or 3 for $50. They drop the token and wherever it lands is the amount of entries they get into the drawing. Prize should be valued at $500 or more.