1. Event Auctions
Don’t Leave Money on the Table
AHP Canada Regional Conference
Fairmont Calgary
May 1, 2012
1:45 – 3:00
R. Scott Fortnum, MA, ACFRE
Chief Development Officer
Saint Elizabeth Foundation
2.
3. Fun
Profitable
Enhances an existing event
Great for in-kind donors
Engaging
Entertaining
Value added for the organization and the
guest
Why an auction?
4. Language
Pricing
Bargains
Overpay
Bidding twice
Selling twice
Philanthropic competition
Auctions can rationalize expenditures
Unique attributes of an auction
5. Who’s been to a live auction?
Whose Foundation hosts live auctions?
What do you remember most?
Benefit (Charity) auctions vs. others
Cattle Call
Auto auction
Amish auctioneer
Auctions
6. Silent Auction
◦ Types of items
Smaller items and experiences
Known retail value items
Gift certificates
◦ Tips
Pull sheets at random
Indicate increments
Full item description
Silent Auction
8. Remember traffic flow
Place for clipboard
Items out of the box
People on hand to answer questions
Match the display to the event
Silent Auction Display
11. When to have a live auction
What items to put in the live auction
Avoiding the bargain hunter mind-set
◦ $50
◦ Raise the Paddle
Spotters (Ring-men)
◦ Auto Auction Ring Man
Product Display
◦ Image projection
◦ Playboy Art
◦ Game Tickets
◦ Drive in
◦ Walk and show/feel
Ethical considerations
Buyer payment
Live auction
12. Wants to sell items for as much as
possible
Wants to keep things lively and moving
quickly
Wants to sell saleable items with broad
appeal
Wants items that generate excitement
The auctioneer can control the flow and
manage the crowd
The auctioneer’s perspective
13. Happy Audience
Big Money
Fun, excitement, energy
No buyer’s remorse
Happy donors
Fun, engaging event
The Foundation’s perspective
14. Spotlight
Corded mike
Stage
Quiet bids
Other activities
Bidder cards/paddles
◦ Sponsorship opportunity
Uninspiring/ inappropriate items
Poor quality items
Late in the evening
The Auctioneer’s chant rant
15. Experienced with fundraising auctions
Able to be understood by an untrained ear
Entertaining
Knows when to push and when not to
Knows how to pace
Will raise more money for your event
Why use a professional charity
auctioneer?
16. Commission
Buyers’ premium
Flat fee
Reception/meal/mingle
#Fail – right product/right people
Listen to the chant
Think about the fit for your organization &
the event
Working with the auctioneer
17. Italian auction - Ming Vase
The guy you don’t want!
18. Review your events to see where an
auction component can be added
Find a good auctioneer who understands
charity events
Use the auctioneer as part of your
fundraising team
Raise more money and have more fun
Summary
19. R. Scott Fortnum, MA, ACFRE
416-804-4661
scott@fortnumgroup.com
@sfortnum