Auctions are the most effective fundraising method where there are a large numbers of people i.e. dinner, lunch etc.
The greater the numbers, the broader the spread of product categories and price points which can be selected.
In choosing items consider the interests, team loyalties and potential budgets of people coming to the event. Where possible canvas before the event to establish interests.
Donated items deliver high profit margins, but often need to be augmented by other auction items which cater for broader needs and hold more appeal, delivering a better return.
Numbers of items for main auctions vary, clearly depending on the event size. It’s important to hold the audiences attention and interest, so don’t make the auction too long or it will be boring and less effective.
Individual values of mains auction items varies, depending on the size and audience composition. In smaller functions such as Trivia Nights the value of mains might be those of silent auction items for larger functions.
Choose a proven auctioneer, some body you have seen work, or are strongly recommended. Provide a brief, with good product descriptions in advance. Give Icons of Fundraisings web details so they can study the products.
A close relationship with MC and Auctioneer keeps the event entertaining and profitable.Good spotters are important to work room and make administration easy where there are multiples of items available, they can sell also to the under bidder.
Ensure attractive display of items using Icons of Fundraisings display easels.