What are the BEST Months to hold a Fundraising Auction?

So, what month should you hold your fundraising auction event?  There really is no completely correct answer here, however I would suggest that you consider holding your event in mid-February or early June.  The reason being is that most other nonprofits hold their events in March-May and September-early November so you will cut down your possibility of having competing events on the same night. 

The advantage to February is that you will be one of the first benefit auction events of the year!  Many businesses and people attend multiple charity events throughout the year and allocate a certain amount of funds to be given to nonprofits.  By being the first event of the year you will have first "dibs" at those allocated funds and be able to set off the fundraising season. 

The advantage to June is the simple fact that most of the Spring events are completed and you will have less competing events on the day that you choose, also you will be ahead of the Fall fundraising curve as well.  I would also suggest considering a Friday night event to avoid competition; this also allows your guests the entire weekend to travel, relax or do what they want to do with their weekend.

I don't want any of you to think that because your event is at a different time of year it won't be successful because that is dead wrong; this blog is simply designed to open your eyes about other alternatives that will work for your event.  You can have a successful event any time of year, it mostly depends on what type of donors you can get in the room and having a professionally run event.  Check this blog out for more information regarding "The Most Important Ingredient to a Successful Fundraising Event."

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

What everybody ought to know…… About The Fundraising Auction & Consulting Business

WHY WE ARE PUBLISHING THIS INFORMATION

A little while ago we were talking with the Executive Director of a big nonprofit organization, a well-informed woman.  She said that she had never done business with a professional fundraising auctioneer and consultant because she was afraid she wouldn’t see the return from hiring a professional vs. using a volunteer.
Since we are professional fundraising auctioneers and consultants you can imagine that was something of a shock… made us think.

The fundraising auction business does use a lot of specialized techniques, but there really isn’t anything complicated or mysterious about what those techniques accomplish for your nonprofit or school.  Because we’ve used them so long and so frequently, we’ve just assumed that everybody understood them...That has been our mistake.  And a big mistake.  For if nonprofits and schools don’t understand what professional fundraising auctioneers and consultants do, they aren’t likely to invest their money in them.
“So what?” you ask.  Well, here’s “what”.

If nonprofits and schools don’t invest their funds in professional fundraising auctioneers and consultants, they won’t have the capital they need for growth which ultimately affects the people they help.  That capital can come from primarily from one place; People at your fundraising auction event.  Not just a few people with great fortunes, but from many people who have the means to support your cause. 

Or look at it from a different point of view.  Nonprofits or schools who don’t understand the value of a professional fundraising auctioneer and consultant are easy prey for a wide variety of mistakes often made at benefit auction events that ultimately result in mediocre returns.

Or look at it from the purely personal points of view.  A lot of nonprofits and schools might like to invest in a professional fundraising auctioneer and consultant where they could increase their fundraising event revenue.  But if they are unfamiliar with the techniques and value provided by a professional, they aren’t likely to invest their money in them.

For all these reasons, it is important that nonprofits and schools know as much as they can about the fundraising auction event business.

But where do you start?

Well, it would seem that a good place to start would be with the “techniques” used by professional fundraising auctioneers and consultants that our friend, the Executive Director, was concerned about.  And we might as well go back to the most common techniques in the business.  You may find a lot of this explanation pretty elementary, but the next person may not be completely clear about the exact differences between the various techniques.  So we’ll start right there, in the belief that you’ll be kind enough to skip what you already know.

Click Here to Keep Reading!

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