So if you want to give your supporters the experience of a lifetime while raising substantial revenue for your nonprofit, consider contacting Charity Safaris today. Securing your auction items is the most crucial step of your planning process. What your organization acquires will determine how successful your event will be.
Silent auctions are a type of charity auction and nonprofit fundraising event. During silent auctions, organizations raise money by taking bids on auction items and selling each to the highest bidder. Bidding is either conducted by using paper bid sheets or mobile bidding software. The most obvious reason for holding a silent auction is to raise money. However, the best silent auction items can benefit your nonprofit organization.
We have a wide range of authentically autographed items available if you’re interested. After all, hotel guests checking in the next day would have an instant advantage. I noticed that the minimum raise was $10 and nearly every bid sheet had some error tied to the minimum raise. Silent auction areas must be well-lit to showcase the fabulous offerings and to allow for reading item descriptions, as well as highlighting any exciting or valuable pieces. Lighting and fundraiser silent auction influences sale prices, so always use it to your advantage.
Since there are so many facets to silent auctions—including planning, organization, and set-up—your event will need a strong team to make sure that all your ducks are in a row. Bid sheets make it more difficult to execute your event and make it inconvenient for your guests to bid. Now you’re probably wondering, but if we don’t use bid sheets, how will our guests be able to bid? You can enable guests to bid right from their phones by using mobile bidding software. To make the auction run more smoothly for both supporters and event staff, include a tracking number with each item. Having a number to reference helps winning bidders confirm the item they receive when they check out, and it makes post-event data entry easier for your team.
The Fulton Speedway would like to thank the newest marketing partner and one of the event sponsors, New York State – Stop DWI. Have you wondered was goes on in a race team pit during a race night? This Saturday, the DOT foods sponsored cars of Jimmy and Dave Moyer will be pitting in the midway behind the turn four grandstands. FULTON, NY – The methanol eating, winged warriors Empire Super Sprints, DIRTcar Modifieds, and Silent auction highlight Championship Night on Labor Weekend Saturday, September 2.
A charity auction is a fundraising event where products are sold to the highest bidder. The money is raised with a specific fundraising project or general annual fundraising in mind. Once you procure your charity auction items, your next challenge will be to price those items. Make sure that you are tracking your donations as they come in and create a master list at the end. This will not only make the planning go more smoothly, but you will also have records to look back on for your next charity auction event. To start, you can’t procure items for your charity auction if you don’t know who your guests and donors will be.
A live auction is best for groups of 100 or more, when the dollar value of the item(s) is high (over $500) and there are just a few items to bid on. A raffle is best when you have a smaller group (less than 100 people) and just a few items to bid on. We also share our BEST BET, the combination of all three, at the end of this blog. If this is the first time that your organization is hosting a fundraising event, a silent auction is a good auction to start with. Unlike a live auction, you do not need to hire an auctioneer or find big ticket items.
One way to get people to bid against each other is to make them feel like they need to act quickly. So, create a sense of urgency by establishing a cutoff time for bids and letting your donors know when the auction is closing. Your silent auction website or bid sheets show the current high bid, which can motivate others to bid higher.
The individuals you ask may be busy and may not be able to immediately respond to your request, so give yourself enough time to pull everything together. First, you are open to bidding on majority of the auction items on display. In other words, you are not a motivated purchaser is set on bidding on one specific item. Payment will be easy if you run your auction through BetterWorld. The platform automates all payment collection and receipts so you won’t waste time organizing silent auction forms and hunting down payments. You can just focus on thanking your donors, posting highlights from the event, organizing giveaways, and sharing how much you were able to raise for your organization.