The time of the year has arrived when many organisations are planning to conduct silent auctions to raise funds for their particular cause. Whatever that cause is, it is probably a good one, and such a yearly custom will put smiles on the face of the recipients.
But with the rising competition and ideas that abound these days, how can you have a successful silent auction? How does a silent auction fundraiser work?
Read on.
A silent auction is a fundraising technique in which participants bid on items by placing a bid slip with a designated amount or using a bid sheet. It can be an excellent way to raise money for charity if it is well-organised.
Participants in a silent auction bid on items in secret or anonymously, and there’s no auctioneer present. Winners are determined by the highest bidder. A seller may set up an item with a minimum bid of $10 and a maximum bid of $100.
Silent auctions work best when you have many donated items like paintings, furniture or jewellery. You can also organise an elaborate raffle, drawing numbers to see who wins certain items. You can ask people to donate money as well so you can cover the costs of running the event.
Engaging donors is one of the most critical parts of any charity fundraising campaign. But how can you get more engagements in your silent auction this holiday?
Here are a few tips on how you can engage people and run an auction successfully:
2. Promote your silent auction event to your target audience. You can create a website dedicated to it or take advantage of social media platforms to reach out to as many people as possible.
Once you have launched your silent auction event, you can use Facebook and other platforms to share it with your friends and followers. A landing page on your website is also a good idea so that people can learn more about your items and bid without having to leave your site.
3. Create a fantastic program that may include a raffle, a door prize and a donation
matching program (e.g. purchase a raffle ticket for $1 and enter the drawing for the chance to win $10 of gift cards!).
4. Hold a preview event to create a buzz.
5. Partner with another non-profit that has similar goals.
6. Encourage people to bid based on their values (e.g. animal rescue groups may want to
work with local shelters).
7. Don’t forget about donors who have already donated—thank them for their support! You
can also send them thank-you cards as a bonus gift.
8. Organise silent auction baskets.
9. Get help from seasoned auction professionals like us at Charity Auctioneer.
When it comes to the Christmas silent auction, remember that your event focuses on the items on the list or the bids at stake. Baskets of goodies are excellent items for bidders to fight for. Christmas baskets are a holiday delight for those who can receive them. But how do you assemble a silent auction basket?
Your baskets need to be moderate. The key to knowing what to put up in your basket is your target audience and keeping your items in trend but still of high value. Tailor-fitting the content of your basket will encourage your bidders. It should also be unique, attractive and stylish, and easy to transport.
Below are some silent auction basket ideas that will excite guests to place their highest bids.
We can’t lay them all here because basket ideas fit for a Christmas silent auction are endless. However, plan your goal very well and ensure that the baskets are in time for the season, for the people and their culture.
Wrap your day with these tips and bring smiles to donors and bidders alike. If you need assistance setting up your event, we can help. With over 20 years of combined fundraising event experience, Charity Auctioneer is your excellent partner in making your silent auction a success.
For more details about our services, contact us today.
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