Do Sign Up Boards at a Fundraising Event work?

Here at Elite Auctions & Fundraising Services we are always searching for alternative "revenue enhancing" ideas at our fundraising auction events other than the live auction, silent auction and fund a need or ask.  We have compiled a book of several revenue enhancers to use at your event and share this with all of our clients.  Well, here is one of those enhancers that works well if executed properly... Sign Up Boards.  When your organization has an over abundance of 8-20 person parties, like a bourbon and cigar tasting party for the guys or a fiesta and salsa dancing party for the girls, then a sign up board may just be the thing you're organization is looking for.

Here's how it works.

Step 1:  Design a poster board with the amount of lines matching the amount of people the party is for and number them 1-8, 1-10, etc. and set a fixed price for each participant (i.e. $50, $100, etc.)

Step 2:  Have a reveal time when the board(s) are uncovered and open for sign ups (Hint: Have your professional auctioneer make a big deal about it on the sound system).

Step 3:  When guests come over to the boards have volunteers explain each party to them and have the guests put their name/bidder number on the open lines.  Once the board(s) are full then your parties are sold out!

Simple, fun and effective!!  This is one of many ways to add a revenue enhancer into your fundraising auction event.  Good luck with your fundraising auction event!

Written by Mike Grigg, AARE, BAS with Elite Auctions & Fundraising Services

13 Tips for Your Live Auction Fundraiser

1.  Always have your professional auctioneer help you with putting the live auction items in the best order.

2.  Live auction should be no longer than 45 minutes, but preferably 30 minutes.  It takes approximately 2-3 minutes to sell each item.

3.  It is very important to schedule the live auction early in your program. You want the bidders awake and energetic

4.  We recommend having the live auction during dinner.

5.  At events where there is little to no seating for the bidders it is very difficult to get the best results from your live auction.
 
6.  Make sure you have recorders in place to write down the winning bidder numbers and amounts (We recommend having 3 recorders, pre-designing the recorder sheets, and allowing us to meet with the recorders prior to the beginning of the event).

7.  Find out if any of the items can be sold twice and let us know.
 
8.  Inform us if any of the items have reserve/consignment amounts.
 
9.  We recommend utilizing professional bid spotters (ringmen) during your live auction (1 ringman per 100-150 guests is optimal).

10.  Allow your professional auctioneer to set starting bids and control the increments of the auction.

11.  Make sure that the house lights are brought up and spot lights down so that your auctioneer can see the bidders.

12.  Be careful with consignment items in your live auction.   

13.  Consult with us before choosing consignment items as they can many times take a lot of revenue out of your auction.  We can recommend good consignment companies that we trust.

Written by Mike Grigg, AARE, BAS of Elite Auctions & Fundraising Services

How to Raise More Money from Your Donation Web Pages

When it comes to raising money from your donation pages I think every bit of advice can help.  Here are some suggestions from the blog of John Haydon's: "19 Ways to Raise More Money From Your Donation Pages."

This should get your donation page on track:

1. Ditch the vintage PayPal button
2. Write a powerful headline
3. Use fewer words - Only focus on your story and your call-to-action
4. Limit paragraphs to 2-3 sentences
5. Use pictures
6. Use white space to direct the eye
7. Remove the sidebars and navigation menue
8. Reduce steps to donate
9. Only ask for what's required
10. Write copy in second person narrative - The word "you"
11. Pick on call to action
12. Repeat the CTA three times
13. Use bullet points and numbered items
14. Use big fonts
15. Use big buttons
16. Keep it above the fold
17. Make it mobile
18. Optimize your donation pages for search engines
19. Create a seamless donor experience across all marketing channels

Written by Tracy Karbus of Elite Auctions & Fundraising Services with information from John Haydon.

VIDEO: Fundraising Auctioneer works with Ringman

Thought we would share a video from a recent auction where we show the power of a professional ringman in your audience and how it benefits the bottom line.  In this video you will see fundraising auctioneer, Mike Grigg, works with professional ringman, Rick Werner, to drive up the price on a firehouse dinner benefiting Interfaith Community in San Diego County. Visit Elite Auction's Ringman page to find out more about professional ringmen.

Professional Fundraising Auctioneer VS. Professional Auctioneer

So you’re having a fundraising auction event and you need an auctioneer… one of the board members says:  “My uncle is a world champion cattle auctioneer and he is willing to donate his bid calling services.”  The rest of the board says that’s spectacular and your event proceeds with a great cattle auctioneer at the helm.  After the event your guests say things like: “I couldn’t understand the auctioneer, he was speaking so fast” or “I wanted to bid but I couldn’t understand the auctioneer.”  These are very common problems that occurs at fundraising events all the time and are easily preventable. 

Cattle auctioneers and many auto auctioneers have quick chants with minimal filler because their job requires them to sell a ton of items as quickly as possible to “professional” bidders that understand a super fast chant.  The vast majority of fundraising auction attendees have never been to an auction before and will have no idea what a “fast-chanting” auctioneer is saying.  

What happens when a bidder doesn’t understand the auctioneer?  THEY DON’T BID!!  What happens when they don’t bid?  YOUR CHARITY RAISES FAR LESS MONEY!!  You have to ask yourself if it is worth a “free” auctioneer when he or she is raising you significantly less proceeds for your non profit or school.  

Here is an example of a ten item auction that could potentially happen without a professional fundraising auctioneer in control of your live auction:

Item 1:  His and Her Bicycles worth $350 sold for $150 because audience couldn’t understand auctioneer.

Item 2:  Flat screen television worth $1,000 sold for $600 because audience couldn’t understand auctioneer.

Item 3:  Box of wine worth $500 sold for $300 because audience couldn’t understand auctioneer.

Item 4:  Trip to Napa Valley worth $1,500 sold for $900 because audience couldn’t understand auctioneer.

Item 5:  African Safari worth $4,500 sold for $3,000 because audience couldn’t understand auctioneer.

Item 6:  Latin dinner and dance party for 10 worth $2,000 sold for $1,200 because audience couldn’t understand auctioneer.

Item 7:  Nice Men’s watch worth $1,000 sold for $550 because audience couldn’t understand auctioneer.

Item 8:  Puppy worth $900 sold for $600 because audience couldn’t understand auctioneer.

Item 9:  Dinner for two with wine at nice restaurant worth $300 sold for $200 because audience couldn’t understand auctioneer.

Item 10:  Firehouse dinner worth $200 sold for $150 because audience couldn’t understand auctioneer.

In this example the loss was $4,600!!!!  This doesn’t include improperly running the fund a need at all and it has already cost you nearly $5,000.  We have consistently seen results like this and far worse with volunteer auctioneers and auctioneers that don’t specialize in fundraising.   

ARE YOU REALLY GETTING HIS OR HER SERVICES FREE OR ARE YOU SACRIFICING FUNDS RAISED THAT WILL FAR EXCEED WHAT YOU WOULD PAY A PROFESSIONAL FUNDRAISING AUCTIONEER.

1. Experienced fundraising auctioneers know how to interact with the audience and drive the prices of your items to their full potential.  It is a proven fact that experienced auctioneers can easily attain 15%-50% higher for your items.

2. Experienced fundraising auctioneers have a passion for their profession and understand that their performance reflects the quality of their public perception.  Having a volunteer call your auction is like having an accountant work on your car.

3. Experienced fundraising auctioneers understand that the main goal of any event is to raise money, whether it be for a charity, business, or organization.  Auctioneers make giving money fun, emotional and competitive! 

4. Experienced fundraising auctioneers understand that keeping the audience entertained and having fun is the key element to a successful auction event.  According to a National Auctioneers Association survey, FUN is the number one reason why people attend auctions.

5. Experienced fundraising auctioneers have all of the necessary tools to make your event unforgettable.  Good auctioneers are always training and educating themselves about the latest trends in the business.

Written by Mike Grigg, BAS, AARE of Elite Auctions & Fundraising Services (http://www.elitefundraisingauctions.com)