Monday morning thought... You've all heard the old adage "Less is More." It's used so often because it rings true in so many instances including your silent auction. Pro-Tip: Ask your procurement committee to focus on quality over quantity to spark your donors' interest and generosity. #auctionprocurement #fundraisingevents #fundraisinghack
If you're not able to raise money from your silent auction it's probably because you're forgetting this... SCARCITY. We've all been there. We're setting up a fundraising event, trying to figure out how many auction items we need to maximize the money raised, while ensuring we stay within the budget. It's not easy. However, with this silent auction hack, you'll never spend more than 5 minutes deciding how many items you need. ????????'?? ?????? ????????: For every 2 donors, use 1 silent auction item. ?????? ???????? ???????? ????????? Say you have 120 guests coming to your event. Out of those 120 are 50 loyal donors. Now, out of the 70 guests who have never donated to you in the past, there may be a few who end up giving during your event. But, don't EXPECT them to give. Instead, use those unexpected donors to help drive up the auction item price for your loyal donors. So, for this scenario you should only have 25 silent auction items. Doing this will encourage fun bidding wars among donors and increase the amount raised for your mission. If you'd like to increase participation and allow more unexpected donors to give, try utilizing a raffle at the same event! #fundraisingtips #nonprofitfundraising #nonprofithelp #nonprofits #fundraisingideas
Consulting on all things event related!
1 个月Great advice