How To Hold An Auction Fundraiser

By Marissa Velazquez


Holding an art auction is usually an excellent way for non-profit operators to raise the amount of money they need. The process also makes it possible for artists-donors to get a cost-free publicity and is great for bidders to get great art at a lower price. Below are tips on how to hold an auction fundraiser.

Always ensure you have goals for your earning, on procurement and on participation. The last thing you want to imagine is not getting satisfying results from the whole of this process. There are three elements to identify to make sure that what you will earn is what you needed. They include the number of people who are going to come to the event, your set goals and the number of items that are going to available for bidding.

If you do not plan your budget well, your event may not be wholly profitable and as such, you have to understand your budget properly to realize worth results. It is important to note that your major expenses will depend on what you intend to donate and your total assets. Your expense is likely to include things like foods and beverages, an excellent sound system and some great decorations.

The other thing you need to think about is setting up a suitable date a d identifying a relevant location. It is important to note that most people are for the idea of shopping in falls and that would be the best time to carry out the process. The best days would be on the weekends and a perfect time would be in the evening hours. In fact, weekends are best because guests will not mind staying out late.

You must choose an appropriate auctioneer. It is obvious that hiring a professional auctioneer, who may at times come with some helpers, will cost you quite some amount of dollars. A professional knows how to deal with difficult situations in the auctioning process and can guarantee you the best returns in the end. You are sure to earn great value from the entire process.

You will need a large number of attendances and the best way to realize this is making sure you send out as many invitations as possible. One of the best ways to do this would be to encourage different people to come by and purchase your ticket. You can also ask people who have agreed to come not to give up on coming especially if it is on the eve of the actual event.

If you are going to make the whole of this process profitable, you will have to solicit for the donation of goods and services. Do not forget that even the goods and services that will attract a low bid will be profitable for you in the end. Get this done as soon as you know the date when your event is going to start.

The promotion and publicizing of the event is another technique on how to hold an auction fundraiser. In most instances, the invitations will be enough. It will get you a great number of coming to the event.




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