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Fundraising Well

Editor's Note

When done right, fundraising events can raise money to support your organization’s mission and help foster relationships with current and future donors. In this issue of Fundraising Well, Jay Fiske from MaestroSoft®, an organization that provides event management software to nonprofits, explores one type of fundraising events: auctions.

Whether your organization’s staff members have become experts at organizing an auction or you’re just getting started, Mr. Fiske’s tips for making your auction a success will surely provide some help. First, he explores how to make the most of your small auction items that don’t receive enough attention from bidders. Second, Mr. Fiske provides tips for setting up your sound and lighting systems effectively for better auction results.


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  » Editor's Note
  » Make the Most of Your Small Auction Items
  » Tips for Setting up Your Sound and Lighting Systems
  » Managing an Auction
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Make the Most of Your Small Auction Items by Jay Fiske

AuctionI am often asked about how to make the most out of small, sometimes unpopular items that are often easy to obtain but don't generate revenue. You probably know what I am talking about — the gift certificates, the $50 book of car washes, the chiropractic exam, and the hair salon, dry cleaning, or restaurant coupons. Auction committees always end up with too many of these, and they take up valuable real estate on the item tables. So what should you do?

Get rid of those small items profitably by using them for balloon sales or grab bags. Make a list of the items with their catalog numbers and cut the list into strips. Place one strip in each balloon and sell the balloons. Buyers will get excited to pop their balloons to see what they have won. If you sell the balloons for $25 each, you’ll make more money and save valuable table space. You can put $25 to $50 items in $25 balloons, and $50 to $100 items in $50 balloons. People love the idea that they “won” something, especially because they will get a certificate worth at least what they paid or even up to twice what they paid! The yield (the value of the item versus the price paid) is generally higher than if the same item was sold in the silent auction, AND you'll save valuable table space for the bigger ticket items.

Instead of balloons, you could try selling roses (with the strip of paper attached to the stem with a rubber band). Candy sampler boxes also work. I even attended an auction that used Beanie Babies® with a small envelope attached — it was such a big hit that they sold out before the close of the silent auction!

This idea will also work well at golf tournaments. Insert certificates into sleeves of golf balls and sell them for $25 or $50, whatever you feel is appropriate based on the value of the certificates inside. Golfers will love it! What’s more is that you could get a sponsor to supply the golf balls. Sponsors are often glad to do it because it puts their logo in the hands of their target audience.

Creativity will keep your event fresh and your guests happy. Don’t be afraid to experiment with variations of this grab bag approach. Tie it in to your theme whenever possible.

Tips for Setting Up Your Sound and Lighting Systems

Sound SystemThe Sound System:

Sound is one of the most important details to consider if you want your live or silent auction to be successful. Too often, sound is considered an expense that can be cut.

Built-in sound systems at nearly all hotels, country clubs, and banquet venues are designed for speakers giving toasts or speeches at events where the entire audience is expected to listen. This option should never be considered for an auction, because hundreds of people will be talking — a poor choice at an auction where an audible auctioneer is of utmost importance.

If a potential bidder cannot hear the amount called by an auctioneer, he or she might be reluctant to hold up a bid number, which could cost several bid steps on each item. For a 10-item live auction, with an average value of $2,500 per item, the loss of a few bid steps on each item could add up to several thousands of dollars.

Instead, budget for and spend a reasonable amount on an auxiliary sound system brought in specifically for live and silent auctions. For a room with up to 300 people, it is possible to rent such a system for well less than $1,000. You should look for a “surround sound” system and four loudspeakers to be placed on a stand in each corner of the live auction room. For rooms with more than 300 people, you might need six or even eight speakers. The cost to rent a system like this will be more than $1,000, but less than $1,500 in most cases. But it is well worth it — the bigger the audience, the more critical it is to have a good sound system.

Lighting SystemThe Lighting System:

Like proper sound, adequate lighting can add revenue to your bottom line. It just makes sense: Items that are not properly illuminated will not appear as desirable to potential bidders.

So how much light should be used, and how will you know when you have achieved the proper amount? Here are the most important areas to consider:

  • Is there enough light in the common areas so people can read your program to get informed about the agenda and item descriptions?
  • Is there enough light on the bid forms and display easels so they can be easily read by bidders?
  • Are auction items properly illuminated so the detail of the items can be seen?

Imagine the frustration of a potential bidder who wants to bid but can’t read the bid form or the display easel because of dim lighting — or worse, because of dim lighting AND small font size on forms and easels.

Lights in your auction room need to be bright enough to aid bidders’ reading. I strongly recommend that you place the descriptions of the items on tables in at least 14- to 16-point font. As for illuminating the auction items, there is a direct correlation between the care of the display and the value the items receive. You can go to any department or jewelry store to see how merchandise is illuminated for ideas on how to light your items in your auction. Bring in extra lighting as needed. It does not need to be expensive — a pole light placed about every eight feet in a darkened room provides wonderful ambient light.

Finally, make an appointment to visit your event location beforehand so you can see what additional lighting you will need to bring in. Make sure that you visit your location at the same time of day you plan to host the auction. Otherwise, you won't get to see what it will be like under actual conditions.

Managing an Auction Has Never Been Easier!

What are the hottest events happening these days? Auctions! If you host auctions or are considering it, you won’t want to miss this Web seminar!

Blackbaud’s auction solution — comprised of The Raiser’s Edge® and MaestroSoft’s AuctionMaestro Pro® and MaestroWeb®— helps you plan, organize, and implement all aspects of your fundraising auction. Blackbaud’s partnership with MaestroSoft® makes it easier and more cost-effective than ever to manage first-class auctions and host online auctions. All the information you need — from participants and donations to expense lists and revenue analyses — is right at your fingertips.

Register for a complimentary Web seminar today (for Raiser's Edge clients only):

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