A raffle during an event-based sale is a lottery system used to select buyers for a limited-edition or highly sought-after product. Here’s how it typically works:
Steps of a Raffle:
1. Raffle Announcement:
• The organizer shares the details: the product, price, date, and participation requirements.
• This can be communicated online (website, social media) .
2. Participant Registration:
• Participants fill out a form with their information (name, email, phone number).
• Sometimes, specific conditions apply: pre-payment, proof of identity.
3. Participation Limits:
• Usually, only one ticket or entry per person is allowed to ensure fairness.
• Some raffles require a purchase of 5 % of the product or entry fee to participate.
4. The Draw:
• Organizers perform a draw via a raffle software to select winners.
• The number of winners corresponds to the available stock.
5. Result Announcement:
• Winners are contacted directly via email or phone.
• Non-winners are notified they weren’t selected, with no refunds if an entry fee was paid.
6. Product Purchase:
• Winners must finalize their purchase within a set timeframe.
• If payment isn’t made or the winner is absent, the spot may be allocated to another participant.
the buyer has to pay the final bill 10 days before shipment, a link will be sent by email
This system is ideal for exclusive items like artworks, or limited-edition collectibles.