Auction Best Practices - Fundraising Insights & Trends

FAQ

Why There’s No Such Thing as a Free Auction Site

While “free” auction platforms attract fundraisers, hidden costs always exist—platform tipping, payment processing, ads, or premium features. A truly free, quality auction site doesn’t exist.

FAQ

How Much Does Live Auction Software Cost?

Live auction software costs depend on features like real-time bidding, payments, analytics, and support. Typical pricing models are subscription or per-event licensing—expect basic plans from ~$297/event plus processing and platform fees.

FAQ

What to Do with Leftover Silent Auction Items

Leftover auction items don’t have to go to waste. You can repackage them, host a bonus online auction, offer “buy now” deals, repurpose them for internal use, or donate them — and use these moves to deepen relationships and clean up inventory.

Auction Best Practices

Tips for Effectively Displaying Auction Items

Display your auction items to catch attention: use good lighting, themed groupings, clear labels, and visual storytelling. Place high-value pieces in high-traffic spots and protect them while keeping them visible.

How To

How to Win a Silent Auction: Tips for Guests & Hosts

To win, research item value, set a strict budget, bid odd amounts, monitor quietly, and time a final snipe just before closing. Leverage tech (apps/alerts) and stay strategic—not emotional.

Auction Best Practices

Are Online Auction Sites with Apps Better?

Auction platforms with apps offer real-time bidding, push notifications, and ease of use, making them more effective than browser-only sites at keeping bidders active and reducing friction.

Auction Best Practices

Top 10 Auction Item Ideas: What’s a Good Auction Item?

Winning auction items share three traits: exclusivity, emotional appeal, and perceived value. Examples from the article: VIP access, luxury travel, bespoke art, dining events, rare memorabilia, and adventure packages.

How To

How To Write Product Description That Sell - With Examples

To make items sell: blend concise descriptions with emotional appeal, use “features → benefits,” include imagery/video, and ensure every detail needed to decide is clearly presented.

Guides

6 Easy Steps to Creating Your Silent Auction

This guide walks nonprofits through online silent auctions: pick your type, build a committee, collect items, spread the word, run the auction, and wrap up with clear payment and thank-you flows.