[SS2S-Main] Re: Sugar Shot to Space Tool Raffle now underway...!

  • From: Richard Nakka <richard.rocketry@xxxxxxxxx>
  • To: sugarshot@xxxxxxxxxxxxx
  • Date: Sun, 9 Feb 2014 22:06:05 -0600

Good question, Jeff, glad you asked. Vicente and I discussed at great
length how much the tickets should sell for and whether to limit the amount
of tickets sold, as well as an end date.

The tools were donated by EGA Masters and cost us $ nothing. So every penny
raised is "profit" for us. EGA Masters, in fact, donated a lot more tools
than we we are giving away as prizes at this time....they valued their
donation at 5000 Euros, but we think that's a bit inflated :-)

Based on my experience with SS2S fund raising efforts in the past, I
suggested that we sell the tickets for $20, and limit the sales to 100. The
idea of this strategy is to give the purchases "known" odds of
winning...with the intent of increasing ticket sales. Same idea with having
a closing date. This way, the raffle participants will know exactly how
long they will have to wait before knowing if they've won.

Anyway, this explains our strategy for the Raffle. Perhaps you are right,
Jeff, that limiting ticket sales is counter productive. We'll find out in
the days to come.


On Sun, Feb 9, 2014 at 6:40 PM, Jeff Moore <tnetcenter@xxxxxxxxx> wrote:

> I think the idea of a fund raising raffle is a great idea!   Just one
> question - Why are we limiting ticket sales to the actual value of the
> prize???  Isn't this a fund raiser,  Not a fund replacer??
> Limiting ticket sales seems counter-productive to the idea of a fund
> raiser.
> Jeff Moore
> On Sun, Feb 9, 2014 at 3:25 PM, Richard Nakka 
> <richard.rocketry@xxxxxxxxx>wrote:
>> Greetings to all Sugar Shot supporters.
>> The long-anticipated fund-raising raffle is now underway. The raffle
>> offers 4 prize lots of high-quality hand tools. Each lot is of
>> approximately equal value (at least $500 USD each). Some nice and useful
>> tools that can surely compliment the workshop of any rocketeer, budding
>> rocketeer, or even armchair rocketeer.
>> Details of the Raffle and links to purchasing tickets are provided at the
>> link below:
>> http://sugarshot.org/tool-raffle/index.html
>> The Raffle contest will run until the end of May when a random draw will
>> take place (we'd like to do this live over the internet but aren't
>> currently sure how to do this).
>>  A big thank you goes out to EGA Masters for donating the tools, as well
>> as to Vicente Alvero Zambrano for his dedicated effort  in arranging for
>> the prizes and organizing the raffle, and also to Alex Canela for creating
>> the Raffle web page.
>> And remember to visit the page often and follow the progress of ticket
>> saies.
>> Good luck to everyone who helps support the Raffle and our goal of
>> reaching Space of the power of sugar...!
>> Richard Nakka

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