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Boost the Auction Fundraiser Income: Focusing on live & silent events

Auctria
February 27, 2019
150

Boost the Auction Fundraiser Income: Focusing on live & silent events

Learn how to maximize your fundraising income from live & silent events.

Auctria

February 27, 2019
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Transcript

  1. About Auctria • 21,000 auctions • 1.6 million bidders •

    1.4 million items • 2.3 million bids • Over $100 million raised
  2. Agenda: Running & Boosting Auction Fundraiser - focusing on live

    & silent events Practical advice and best practices to boost the final income 1. Purpose & expectations of running an auction fundraiser 2. Contrasting auction types 3. Adding in an hybrid components 4. Choosing & Using a professional auctioneer 5. Team roles, timelines & checklists 6. Promoting the auction 7. Q & A
  3. Why Run an Auction Fundraiser? Purpose is much more than

    fundraising • Fundraise for the cause • Educate donors about the mission • Communicate specific needs • Celebrate achievements • Increase the donor pool
  4. Event or Non Event based Auction Silent & Live Auction

    IN-person event • Party atmosphere enhances bids • Event dynamics • Auction & event can run concurrently • Expense of attending • Location, date, time • Sponsorships • Raffle, paddle raise Online Only Auction • Less overhead • Increase bidder pool • Bid from the couch or mobile device • Immediate notifications • Donations of goods need to be delivered or shipped after the event concludes • Less opportunity to share the story behind the cause
  5. Live, Silent with Hybrid Online Components Ordinarily 3 choices: 1.

    Live 2. Silent 3. Online Don’t do ordinary! Online components can be combined to boost total donations • Ticket sales & upsell • Pre-bidding • Mobile bidding at event
  6. Make it Personal Harness the energy of the event •

    Show and tell the fundraising story • Show and sell the auction item • Paddle raise, fund a need • Flexible bidding and offerings
  7. Adding Live Auction to the Event Best practice • Using

    a talented emcee can increase ticket sales and bidder activity • Helps “sell” larger ticket items • Live action encourages more participation • Bidders like the spotlight • Flexibility • Raise the paddle Be aware • Attendance is required • Higher ticket item may exclude some of the audience • Requires a talented auctioneer • Be prepared for quick action
  8. Choosing Professional Benefit Auctioneer Choose wisely and consider using a

    professional auctioneer as an investment • Why and how to choose a pro • Meet the auctioneer • Determine scope of service • 10 Questions to ask
  9. Using Professional Benefit Auctioneer Choose wisely and consider using a

    professional auctioneer as an investment • How to choose a pro • 10 Questions to ask • Prepare the auctioneer • Plan in advance Stephen’s bonus tip: ask- what if _____ happens?
  10. Questions to Ask Before Hiring 1. Experience 2. Quantity 3.

    Percentage fundraising 4. Bid calling technique 5. Obstacles 6. Crowd interaction 7. Special appeal 8. Additional services 9. Style 10. Certification
  11. Expectation of Auctioneer Prior to Event PRE-AUCTION the professional auctioneer

    should provide unlimited email and phone consultation • Know, talk, meet the auctioneer that will be a the event • Meetings are inclusive of fees • Assess live and silent auction items in advance • Help arrange selling order of live auction items • Brainstorm on revenue enhancers • Checklist
  12. Expectation of Auctioneer Night of Event You need to be

    the ambassador, the auctioneer should: • Arrive before doors open • Involved in the the silent auction & enhancers • Involved in sound and lighting checks • Meet with all presenters/ speakers/ catering lead • Provide complete wrap-up post event
  13. Auction Team Roles & Responsibilities Auction committees that communicate well

    find greater success in auction fundraising • Find a central way to communicate ie Slack, google docs • Event team • Procurement team* • Auction operations • Marketing team *donation request letter sample
  14. Timeline Overview Timeline & Checklist • 12-6 month- goals, recruit

    volunteers, plan for procurement, event planning • 3-6 months- set up financials, request donated items, establish social media presence • 1-2 months testing system, marketing • Final weeks- promoting and filling seats & training • Final checklist
  15. Promote, Promote, Promote Promoting & Market to increase attendance and

    bids • Brand the event • Build trust • Use all channels • Post event communication
  16. Resources Links Auctria App download links Live Auction Best Practices

    Donation Request Letter Stephen’s Tips Auction Timeline & Checklist