Understanding How To Hold An Auction Fundraiser

By Jaclyn Hurley


Raising money for charity course may not be as easy as it sounds sometimes. It requires elaborate planning and high level of publicity in order to succeed in such a noble venture. There are many approaches that can be used for such kind of fund raising including auction fundraiser that has been existence for many years now. How to hold an auction fundraiser however may not be understood by many people.

It all starts with proper planning with the first consideration being the goals in terms how much is expected. This gives idea on the targeted participants and the items to be used in the event. With rough estimation on the number of people expected to attend, the venue of the event can then be determined.

The next part after settling on date, venue and other related issues, the next thing is items to be auctioned. The items selected should be rare, descent and unique in many aspects. The best trick is to contact local celebrities and ask them to be part of this event. They can donate some of goods for auctioning and even give speech during the D-day.

Major expenses related to hall rental, beverages, food, decorations, sound system and all printing and fees if any must be estimated with the goal of ensuring that they are far below amount expected to be raised. In order to increase income, options available include charging admission, soliciting sponsorship, selling signature drinks, holding raffles or even balloon pops among several other activities that may increase income.

Hiring expert auctioneers for such event is also very important. These guys have the proper knowledge on how to maximize on the opportunity, properly manage the unction and get the maximum possible cash from the pockets of those who attend the event. Giving an item its maximum worth requires special skills that may not be possessed by any ordinary person. For charitable course, these experts are always willing to provide their services at no value.

The most important aspect during preparation is proper promotion. The events will only be attended by those who get to know about it in advance. It is therefore important to take advantage of available media to create awareness. For the same purpose, social media platforms such as Facebook and Twitter can be very helpful as they help reach many people.

There are several other ideas that can be put in place to ensure that event is a success. The auctioning fundraiser can be combined with other events or get organized as the main event. In either case, it is important to come up with workable goals in terms of how many people are expected, how many items are available for bidding and how much is expected to be raised from biding.

The other things to consider include setting up seating arrangement, setting up a checkout system and assigning different people assignments in advance. Lastly, adequate security arrangement must be in place to ensure that everything runs smooth as planned.




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