Should I use Mobile Bidding for the Fund a Need?

As mobile bidding becomes more an more popular at fundraising auction events we tend to get this question quite frequently: "Should we use mobile bidding for the fund a need?"  The simple answer is NO!

While mobile bidding is a spectacular way to maximize funds in your silent auction, it just does not perform well with a fund a need (aka: paddle raiser, fund a cause, etc.).  I want to reiterate that I am specifically writing about the fund a need aspect in regards to mobile bidding.

Here are the top three reasons why mobile bidding is not effective for your fund a need:

1.  People give to people and by having everyone looking at their phone screens the personal feeling is taken
out of the giving process and it becomes much less emotional.

2.  A fund a need is driven by a "community" effort to come together and fund a specific need of the organization.  The sense of community is taken out of the equation by everyone focused more on finding the correct button to push rather that engaging and cheering on each other to accomplish that goal.

3.  Accountability.  Mobile bidding is much more discreet and it allows people that would otherwise give a larger amount to "cheat" a bit and give less.  People are simply not as inclined to give big in such an impersonal way with no recognition.

Mobile bidding is a fantastic tool for the silent auction but please let your audience hold their bid paddles up high and show you what they can do when the spirit of giving is out in the open and they are united in funding that specific need.


Please visit EliteFundraisingAuctions.com to find out how we can take your fundraising event to the next level!


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

Giving in 2015 and involving Millennials

I recently attended a presentation sponsored by the Giving USA FOUNDATION entitled “The  Annual Report on Philanthropy for the year 2015”.

We were informed that 2015 was a year of steady and strong giving, explaining that the total contributions for 2015 where $373 .25 billion.  88% of the total contributions came from individuals, bequests, and family foundations. The individual contributions were up 3.8% over 2014, family foundations giving increased 6.5% and bequests were up 2.1%.  2014 and 2015 combined saw giving increase 12.2% which is the largest two-year increase since 2003 - 2005.

I am including a graphic that presents many other interesting facts about our giving in the year 2015. The graphic was created by the Giving USA Foundation.

Now with individuals being the greatest source of contributions it is extremely important we discover the most effective way to involve the next generation of donors, the Millennials. During this same presentation we heard from a panel of experts involved with philanthropic organizations. One of the subjects they discussed and I felt important to share with you is how to encourage and motivate Millennials to participate in the many aspects of fundraising for your charitable organization.

The panel pointed out that Millennials don't give to organizations, they support causes and because Millennials are so connected through Facebook, Twitter, YouTube and other social media, they have the ability to influence so many of their friends for your cause.  In order to take advantage of this fact it’s important you use social media not to sell your organization but to tell the world about your cause by sharing stories and pictures and featuring people who have benefited from your service. If the millennial is moved by your message and connects to your cause they will become an influential voice to all their friends and family via social media.

Blackbaud also reported in their Generational Giving Report that 50% of Millennials share information about charities they support with their friends on Facebook.

It was also pointed out that with the millennium's being 18 to 32 years old, the best way to excite them about your cause is to encourage them to volunteer. In the beginning volunteering their time and energy is the path to Millennials becoming your loyal donors.

With the Millennials being the largest generation since Baby Boomers we can certainly see the importance of connecting your cause to this generation.

Written by Connie Waddell, BAS of Elite Auctions and Fundraising Services

Why are Silent Auctions dwindling at Fundraisers?

We are noticing more and more nonprofits eliminating their silent auctions from their key fundraising auction events.  When we ask what the reasons are, these are the most common remarks:

1.  "They require too much work and manpower."
2.  "We don't raise that much money with the silent auction."
3.  "We don't have enough volunteers to run it successfully."
4.  "It complicates the check out process."

All in all, some nonprofits are saying that their silent auctions aren't raising enough revenue to justify the work involved to put on a successful silent auction.

So you may ask: "What do we at Elite Auctions and Fundraising Services think about this?"  It's quite simple actually, we think whatever makes the most sense for the individual nonprofits that we work with.  There are several alternative ways to generate equal or more revenue than a silent auction produces with much less work, volunteer participation and the dreaded Check Out Armageddon.  However, if nonprofits still want to conduct silent auctions we are all for it, and in fact have several proven programs to astronomically increase revenue brought in at the silent auction. 

While we have noticed that approximately 30% of our clients have eliminated the silent auction aspect (up from about 15% three years ago), there are still several organizations that are sticking with it.  Either way, Elite Auctions and Fundraising Services have proven techniques to increase revenue in both areas, just visit our website at www.EliteFundraisingAuctions.com to find out more!

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

What is a Benefit Auctioneer Specialist?

A fundraising auctioneer that goes the extra mile to earn his or her BAS designation is an auctioneer that you want working for your event.  Not only do they receive special training that very few auctioneers attain, but this also is a great indicator of an auctioneer that will do whatever it takes to be on the cutting edge of the fundraising auction professional spectrum.  

The following is the definition of Benefit Auctioneer Specialist (BAS) from the National Auctioneers Association:

[BAS is a two-part educational program which trains auction professionals to enhance their services to clients.  Coursework focuses on the fundraising components of the benefit auction event, item acquisition, audience development, additional revenue items, contractual agreements, and public relations.

The BAS program is offered through the National Auctioneers Association (NAA) Education Institute and is taught by nationally recognized Auctioneers and professionals who serve the benefit auction industry.
 
Earning the BAS designation requires not only completion of the coursework, but also testing, submission of specialized reports and various experiential projects. 

As a BAS graduate, we are among the less than one percent of Auctioneers throughout North America with specialized training in benefit auctions.  To maintain this designation, each auctioneer and fundraising consultant holding a BAS designation must complete 24 additional hours of continuing education courses every three years.]

Here at Elite Auctions and Fundraising Services we are committed to staying on top of the latest trends so that we can provide the best possible service to all of our clients.  We are proud to have the BAS designation behind our names and I would highly recommend that you utilize an auctioneer for your fundraising auction event that is also BAS designated.


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

Are You Looking for a "Magic Pill" to bring in MORE MONEY at Your Fundraising Auction?

We all know that a "Magic Pill" doesn't exist in the physical sense, but what if I tell you that doing one simple thing could double or triple your fundraising auction revenue; would you believe in a "magic pill" then? 

There are so many facets that make up a successful fundraising event: great venue, good food, dedicated board, etc.  I can speak for us at Elite Auctions and Fundraising Services when I tell you that our team of dedicated fundraising professionals will take your revenue to the next level and you will think that you just took a magic pill.  We have time and time again proven that we can consistently increase revenue to double or triple what the previous volunteer auctioneer was able to attain.  We do this with pre-event consulting.  We don't just show up the day of the event and you hand us a list of auction items and off we go... this is how you guarantee poor results!  We work with your committees and board up to a year in advance and guide you through every up and down of the fundraising event roller coaster with simple, yet effective techniques that guarantee to show you spectacular results.  Click Here to find out what consulting will give your organization. 

The greatest thing about our "Magic Pill" approach is that we have a super secret way that we actually pay you to hire us... Visit our website to find out how to get one of these "Magic Pills" for your next fundraising auction event!!  EliteFundraisingAuctions.com

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

Free Fundraising Auctioneer

So you are planning a fundraising auction event for a nonprofit or school and you need an auctioneer, but you are limited on budget and one of your board members knows a guy that knows a guy that will come do your auction for free.  You agree to this and the big night comes, with all the planning completed, all the money spent on venue, food, décor, DJ, sound services and equipment, etc. and you have high hopes for a record breaking year.  The free auctioneer gets on stage and barely knows what your nonprofit stands for, was just handed a list of auction items an hour prior, and has had a few cocktails because you told him if he came for free that you’d give him and a guest a couple spots at a table.  He is more in a guest mentality than a worker mentality.  Many times he doesn’t have any benefit auction training or experience and you are entrusting this guy to raise you thousands of dollars?  

More than likely your fundraising efforts will be a flop, you might have a great party, but your fundraising will fall short nine times out of ten.  

Hiring a Professional Fundraising Auctioneer?  Click Here to see what you're actually getting.

Professional benefit auctioneers are not only a part of your event that night but far in advance of your event as well.  This planning and consulting is what brings your event to the next level.  If you hire a professional benefit auctioneer he or she will show you creative and effective ways to bring in more funds than you would have ever imagined!  The extra funds will far out way the cost of doing business with that auctioneer and make your guests leave the event wanting to attend the next one.  A professional fundraising auctioneer, in essence, will pay you to hire him/her so you are not only saving money, you are making money!  

I leave you with one question:  “If I could show you one technique that would make you more money than my fee, would you hire me?”

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

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 is the most important ingredient to a successful fundraising event?

Is the most important ingredient the type of live auction items or what kind of food you serve or how many silent auction items you have, etc.?  While all these are important, the answer is NO!  The single most important ingredient for a successful fundraising event is having the right people in the room. 

So you may ask “Who are the right people?”  These are simply the people that believe in your cause and have the means and desire to support your cause through monetary giving (Whether that be in a silent auction, live auction, fund a need, or any other type of revenue enhancer.  

A FUNDRAISING AUCTION EVENT SHOULD FOCUS ON FUNDRAISING!  

This sounds so simple yet many organizations get away from this and focus on the party.  Your event should be seen as an opportunity to raise as much money as possible and spread your Nonprofit’s message.  If your guests are coming just to have dinner and not support your cause monetarily then you are missing your opportunity to have a super successful charitable event.

Quite simply, you are looking for QUALITY NOT QUANTITY.  

You would rather have 150 guests with the means to support your cause than 500 guests who are there for the party or there because the boss gave them tickets.  For example, if you take those 150 attendees that have the means to support your cause and they give an average of $500 per person then your organization would raise $75,000; not to mention the fact that you will pay less for your venue, less for your food and less for your beverages, ultimately raising your net.  If you take the 500 guests that were mostly given tickets (i.e. from bosses, friends, etc.) and most of them don’t have the means to support your cause, you may be lucky to have them give an average of $100 per person.  This equates to $50,000, which is 50% less than the example above.  Your net figure is also going to be much lower because you will need a larger venue, more food and more beverages.

When your committee sits down for its first meeting, the primary objective should be putting people with the means and desire to support your cause in the seats!

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