When you plan a fundraising event, an interesting way to raise a lot of money is to hold an auction. You can choose whether you want to conduct real-time auctions, silent auctions or online auctions. Ideally, you should start planning the auction 3-6 months before the fundraising event begins. This is mainly because it requires you to ask friends, family, collectibles and other people's auction items on the network, as well as set the display for the items in the event.
Regardless of the type of auction you should try to get the donated items so that all proceeds are used for the reason. The company offers quality auction packaging, so if you don't sell the item, there is no risk! Restaurant gift vouchers, travel packages and exclusive event tickets are some examples of popular auction items.
Online auctions have proven to be more successful than live auctions or silent auctions because people are actually too busy socializing during the event and there is always no chance to see and bid on items. Today, people can set up online auctions quickly, easily and easily, and people can auction items online. Donors can easily post pictures and descriptions of the goods or services they donate online.
Through online auctions, the entire system is automated. You can receive an email notification every time you bid, so you can continue tracking. You can start collecting bids before the event starts, or even set up a Buy Now price, so you can buy goods or services before the auction ends. By choosing to conduct an online auction, you can also accept payments easily and conveniently using a credit card.
Advantages of online auctions:
- More time: Guests can spend time familiarizing themselves with the auction items as they can view and describe their descriptions online before the event.
- More money: Provides longer bid times and increases the total amount of items you can get.
- More Donation Projects: You can make free online commitments.
- More convenient: You no longer need to follow up or chase payers, as all items can be paid online via credit card.
- More sales: You can use social media to promote the products and services offered, and when there are new auction items, you can send a broadcast email, which will encourage people to view. You can also charge more for items because you can offer a "purchase now" higher price.
- More exposure from donors: more publicity and access to those who donate online auction items.
Even if you choose to perform a physical auction at the event, you can still display items online before the event. Knowing the products offered and the products of interest in advance will inspire bidders to continue to observe and promise more money to ensure they get the items they want! Whether it's online, offline or both, auctions are a fun and easy money-making machine that guests will love!
Orignal From: Why the auction is great for fundraiser
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