SlideShare una empresa de Scribd logo
1 de 17
Descargar para leer sin conexión
Obtaining Quality Items For
             Your Fundraising Auction

                  Tom Weitbrecht




A Service
   Of:                       Sponsored by:
Affordable collaborative data
             management in the cloud.

A Service
   Of:                        Sponsored by:
Today’s Speaker




                                    Tom Weitbrecht
                                           President,
                                  Strategic Auction Alliance,                           Hosting:
Assisting with chat questions:
                                 Weitbrecht Auctioneers, Inc.   Sam Frank, Synthesis Partnership
April Hunt, Nonprofit Webinars

A Service
   Of:                                                  Sponsored by:
Today’s Take-Aways

•   Learn how to recruit effective members to your auction donation
    procurement committee

•   Understand the items to target for your live and silent auction

•   Understand the different ways to procure high quality auction items

•   Find out which items should be avoided in your auction item donation
    campaign
Recruit effective members to your auction donation
                   procurement committee

•   Don’t be afraid to recruit a busy person. Busy people are busy because
    they are accomplishing things. These are the people you want involved.

•   Target successful salespeople for your committee. Successful sales people
    are skilled at convincing people to understand their viewpoint and are
    usually well connected.

•   Successful business people should be recruited to your committee. They
    know how to get things done, know other business owners and will be
    valuable in accomplishing the committee’s efforts.

•   Try to recruit people who have been involved with successful fundraising
    events. They are energized from participating in successful event(s) and
    will bring experience and fresh ideas to the table.

•   Avoid people who are negative or argumentative at all costs. These people
    will disrupt your committee from accomplishing its goals.
Auction donation sub-committee chairs, set the
      expectations, plan the work and work the plan!

•   Set a clear and understandable agenda and take detailed notes at every
    meeting.

•   Involve the entire committee in developing a plan to solicit donations.

•   Set clear goals for what items will be targeted for procurement.

•   Receive commitments from individual members, for which activities each
    committee member will be responsible for during the campaign.

•   At the beginning of each meeting, review the meeting notes from the prior
    meeting and discuss the goals of the current meeting. Discuss areas of
    progress and do not avoid areas that need additional attention.
Auction donation sub-committee chairs, set the
      expectations, plan the work and work the plan!

•   Stay on a pre-determined meeting schedule and remain committed to it.

•   Recognize the endeavors of every person who’s involved. Understand that
    every committee member has a different skill set. As volunteers, the
    amount of time they can commit and their accomplishments will vary.

•   In a polite and professional way, keep your meetings on target. This will
    ensure people’s time is utilized effectively and shows that you value and
    respect your committee members’ time.
Sources of Auction Donations

•   Members of your board of directors, their professional contacts and friends

•   Businesses that support your organization, their professional contacts and
    employees

•   Your auction committee members, their friends, professional contacts and
    vendors that they personally utilize

•   Employees of your non-profit organization

•   Vendors who do business with your non-profit organization are a great
    source of auction donations i.e. insurance agent, oil company, bank/
    financial institution, attorney, electrician, plumber, painter, etc.
Sources of Auction Donations

•   Professional sports teams           •   Locally owned appliance stores

•   Major airlines                      •   Big box stores

•   Fine hotels & restaurants           •   Flight schools

•   Movie studios                       •   Limo companies

•   Celebrities                         •   Theatre production companies

•   Distilleries, wineries, breweries   •   Television stations

•   Exclusive golf courses              •   Orchestras

•   Politicians                         •   More…
Methods of Obtaining Auction Donations

•   Business people recognize opportunity. They benefit from their donation
    and the recognition of a captive audience that’s engaged in a cause they
    support.

•   Auction donation solicitation committees must develop a standardized
    information package that describes the mission of the organization, the gala
    auction event, anticipated demographics of and estimated number of
    attendees. The information must tactfully explain “what’s in it” for the
    donors.

•   For additional credibility, and ease of access, donor information packages
    should be listed on the non-profit organization’s web site.

•   Six degrees of separation… don’t just focus on who you know, explore who
    in your support team knows who. You’ll quickly discover that your
    organization has an incredible number of contacts who are capable of
    making great donations.
Methods of Obtaining Auction Donations

•   The ask. Tried and true method of face to face contact. The best time to
    ask a business for a donation is when you are doing business with them
    i.e.: when you are out to eat at a fine restaurant or staying at a quality hotel.

•   A well written solicitation letter is an effective way to solicit donations. In
    concise terms explain the mission of your organization and the goals of your
    gala auction event. Letters should be sent 90 days before your event. Try
    to personalize each letter as much as possible and be sure to specify
    exactly what you are asking for. Be sure to ask for quality donations. Aim
    high and you will always get better results. Be sure to include a copy of
    include your non-profit finding letter from the IRS, most donors will require it.

•   Many donors will accept donation requests only on the Internet. Time spent
    on the search engines looking for “charitable giving” or “charitable requests”
    from major companies is time well spent. A computer savvy volunteer can
    often find and submit requests to dozens of potential donors in a single day.
Auction Donations You Should Avoid

•   Donations of personal services i.e. dental cleanings, will services from
    attorneys, and CPA services generally do not do well. Most people have
    already chosen the professional(s) they prefer and will not go outside of
    their comfort zone. Net effect = low bids.

•   Most jewelry donations do not do well. Everyone has their own distinct
    taste. Beauty is in the eye of the beholder. Generally speaking the only
    jewelry items that sell well are generic quality items such as diamond stud
    earrings, tennis bracelets and high quality pearl necklaces.

•   Artwork is a difficult sell in a general audience. Unless your audience is
    comprised of art enthusiasts for a specific type of artwork that is donated,
    artwork is almost always a bust at benefit auctions.
Silent Auction Donations

•   Silent auction items typically consist of lower value items such as museum
    passes and restaurant gift certificates.

•   A range of items should be targeted that are interesting to and affordable for
    a family of average means.

•   Donations can be combined into desirable auction “packages”
    e.g. multiple restaurant gift certificates, arts & crafts, movie theme and etc.

•   Consider purchasing and combining items into baskets to create a nice
    presentation. We’ve seen this method used successfully in several auctions.
    Good presentation = increased value perception.

•   The total number of silent auction “packages” should be limited to 40-60 in
    total
Live Auction Donations

•   Live Auction items are high value items that generally consist of unique trips
    and experiences. It should be difficult to estimate the value because of the
    uniqueness of the item. We like to refer to them as “blue sky” items.

•   Regular items can be “supercharged” into experiences capable of
    commanding thousands of dollars. For example, a round of golf for 4 at an
    exclusive club is great, but a round of golf for 4 at exclusive club with the
    mayor, a sports anchor or influential business leader takes a golf outing to a
    whole new level.

•   Donations can be combined to make valuable live auction packages. For
    example, dinner at a nice restaurant, a high quality hotel stay, limo ride and
    great seats at a professional baseball game with parking passes makes a
    great weekend away for an affluent couple!
Live Auction Donations

•   Dinner for 10, prepared at the winning bidder’s home by a professional chef,
    always does well in a live auction

•   Private wine tastings with a sommelier and high quality wine is a great live
    auction item that can be arranged with relative ease.

•   Unique, high end sports memorabilia and experiences are a great option for
    a highly successful city of sports enthusiasts such as Boston. We’ve seen
    donations such as Zamboni rides, on field pre-game batting practice
    passes, sideline passes and courtside seats donated by major sports teams
    and affluent business people with great connections.
Consignment Items

•   Consignment items can be appropriate if your organization is capable of
    drawing “high rollers”, but has not received the high quality donation
    necessary to satisfy them.

•   Consignment items should be carefully considered and be appealing to the
    general audience of your event.

•   A few sports consignment items can be a good addition to “spice up” your
    silent auction, so long as your event draws deep enough pockets to buy the
    items at a net profit to your organization.
Find listings for our current season
          of webinars and register at:

            NonprofitWebinars.com


A Service
   Of:                     Sponsored by:

Más contenido relacionado

La actualidad más candente

How to raise more funds from challenge events - Classic Tours
How to raise more funds from challenge events - Classic ToursHow to raise more funds from challenge events - Classic Tours
How to raise more funds from challenge events - Classic ToursPlan Event Management
 
Kaskihowin Designs Pitch Deck
Kaskihowin Designs Pitch DeckKaskihowin Designs Pitch Deck
Kaskihowin Designs Pitch DeckSheNative Goods
 
Marketing Workshop 2 Powerpoint Festivals, Pricing And Presentation
Marketing Workshop 2 Powerpoint  Festivals, Pricing And PresentationMarketing Workshop 2 Powerpoint  Festivals, Pricing And Presentation
Marketing Workshop 2 Powerpoint Festivals, Pricing And PresentationFresh Arts
 
Build Your Best Auction Catalog Ever
Build Your Best Auction Catalog EverBuild Your Best Auction Catalog Ever
Build Your Best Auction Catalog EverPerry Allison
 
London Marathon Fundraising Ideas from Sarcoma UK
London Marathon Fundraising Ideas from Sarcoma UKLondon Marathon Fundraising Ideas from Sarcoma UK
London Marathon Fundraising Ideas from Sarcoma UKSarcoma UK
 
Roger Pride, Branding of Destinations
Roger Pride, Branding of DestinationsRoger Pride, Branding of Destinations
Roger Pride, Branding of DestinationsCONVENE Vilnius
 
Creating Content for Travellers Workshop: Content Strategy
Creating Content for Travellers Workshop: Content StrategyCreating Content for Travellers Workshop: Content Strategy
Creating Content for Travellers Workshop: Content StrategyGary Bembridge
 
Charity Fundraising Ideas
Charity Fundraising IdeasCharity Fundraising Ideas
Charity Fundraising IdeasNathalie Martin
 
Observe what's in store
Observe what's in storeObserve what's in store
Observe what's in storepcestnik
 
Event Marketing | Pirate Skills | Ben Sufiani
Event Marketing | Pirate Skills | Ben SufianiEvent Marketing | Pirate Skills | Ben Sufiani
Event Marketing | Pirate Skills | Ben SufianiPirate Skills
 
Reap the Rewards of Farming
Reap the Rewards of Farming  Reap the Rewards of Farming
Reap the Rewards of Farming Market Leader
 
Herts musicians magazine pitch HD
Herts musicians magazine pitch HDHerts musicians magazine pitch HD
Herts musicians magazine pitch HDMrsGainsford
 
Sales & Marketing for Non Profits
Sales & Marketing for Non ProfitsSales & Marketing for Non Profits
Sales & Marketing for Non ProfitsRobyn Hatfield
 
Eight Critical Steps
Eight Critical Steps Eight Critical Steps
Eight Critical Steps David Thomas
 
Dissertation project. CHELA
Dissertation project. CHELADissertation project. CHELA
Dissertation project. CHELASIMI RAAJ
 
Raising money, the rules explained
Raising money, the rules explainedRaising money, the rules explained
Raising money, the rules explainedNICVA
 

La actualidad más candente (20)

Sell your art
Sell your artSell your art
Sell your art
 
How to raise more funds from challenge events - Classic Tours
How to raise more funds from challenge events - Classic ToursHow to raise more funds from challenge events - Classic Tours
How to raise more funds from challenge events - Classic Tours
 
Kaskihowin Designs Pitch Deck
Kaskihowin Designs Pitch DeckKaskihowin Designs Pitch Deck
Kaskihowin Designs Pitch Deck
 
Event Auctions
Event AuctionsEvent Auctions
Event Auctions
 
Marketing Workshop 2 Powerpoint Festivals, Pricing And Presentation
Marketing Workshop 2 Powerpoint  Festivals, Pricing And PresentationMarketing Workshop 2 Powerpoint  Festivals, Pricing And Presentation
Marketing Workshop 2 Powerpoint Festivals, Pricing And Presentation
 
Build Your Best Auction Catalog Ever
Build Your Best Auction Catalog EverBuild Your Best Auction Catalog Ever
Build Your Best Auction Catalog Ever
 
London Marathon Fundraising Ideas from Sarcoma UK
London Marathon Fundraising Ideas from Sarcoma UKLondon Marathon Fundraising Ideas from Sarcoma UK
London Marathon Fundraising Ideas from Sarcoma UK
 
Accessing the Asian Market
Accessing the Asian MarketAccessing the Asian Market
Accessing the Asian Market
 
Roger Pride, Branding of Destinations
Roger Pride, Branding of DestinationsRoger Pride, Branding of Destinations
Roger Pride, Branding of Destinations
 
Creating Content for Travellers Workshop: Content Strategy
Creating Content for Travellers Workshop: Content StrategyCreating Content for Travellers Workshop: Content Strategy
Creating Content for Travellers Workshop: Content Strategy
 
Charity Fundraising Ideas
Charity Fundraising IdeasCharity Fundraising Ideas
Charity Fundraising Ideas
 
Observe what's in store
Observe what's in storeObserve what's in store
Observe what's in store
 
Event Marketing | Pirate Skills | Ben Sufiani
Event Marketing | Pirate Skills | Ben SufianiEvent Marketing | Pirate Skills | Ben Sufiani
Event Marketing | Pirate Skills | Ben Sufiani
 
Reap the Rewards of Farming
Reap the Rewards of Farming  Reap the Rewards of Farming
Reap the Rewards of Farming
 
Herts musicians magazine pitch HD
Herts musicians magazine pitch HDHerts musicians magazine pitch HD
Herts musicians magazine pitch HD
 
Sales & Marketing for Non Profits
Sales & Marketing for Non ProfitsSales & Marketing for Non Profits
Sales & Marketing for Non Profits
 
Eight Critical Steps
Eight Critical Steps Eight Critical Steps
Eight Critical Steps
 
Dissertation project. CHELA
Dissertation project. CHELADissertation project. CHELA
Dissertation project. CHELA
 
Raising money, the rules explained
Raising money, the rules explainedRaising money, the rules explained
Raising money, the rules explained
 
Buyer persona
Buyer personaBuyer persona
Buyer persona
 

Similar a Fundraising Auction Tips

Rolling in the dough funding your organization bodon1
Rolling in the dough funding your organization bodon1Rolling in the dough funding your organization bodon1
Rolling in the dough funding your organization bodon12013_21
 
Crowdfunding Workshop November 2012
Crowdfunding Workshop November 2012Crowdfunding Workshop November 2012
Crowdfunding Workshop November 2012Sian Jamieson
 
Crowdfunding Workshop Benbecula November 2012
Crowdfunding Workshop Benbecula November 2012Crowdfunding Workshop Benbecula November 2012
Crowdfunding Workshop Benbecula November 2012Sian Jamieson
 
Crowdfunding for Social Enterprises
Crowdfunding for Social EnterprisesCrowdfunding for Social Enterprises
Crowdfunding for Social EnterprisesSian Jamieson
 
Show Me The Money - The Ying and Yang of Entrepreneurial Finance
Show Me The Money  - The Ying and Yang of Entrepreneurial FinanceShow Me The Money  - The Ying and Yang of Entrepreneurial Finance
Show Me The Money - The Ying and Yang of Entrepreneurial FinanceJohn Landry
 
Telephone fundraising in the arts
Telephone fundraising in the artsTelephone fundraising in the arts
Telephone fundraising in the artsNatalie Blackburn
 
Transforming Theater Fundraising with BiddingForGood
Transforming Theater Fundraising with BiddingForGoodTransforming Theater Fundraising with BiddingForGood
Transforming Theater Fundraising with BiddingForGoodPerry Allison
 
The ultimate question fred reichheld summary dirk de boe creashock
The ultimate question fred reichheld summary dirk de boe creashockThe ultimate question fred reichheld summary dirk de boe creashock
The ultimate question fred reichheld summary dirk de boe creashockDirk De Boe
 
How to Plan a Charity Auction
How to Plan a Charity AuctionHow to Plan a Charity Auction
How to Plan a Charity AuctionDonorPerfect
 
Systematic Lead Generation
Systematic Lead GenerationSystematic Lead Generation
Systematic Lead GenerationMaura Neill
 
ElectionMall Webinar: Maximizing the Donor Experience
ElectionMall Webinar: Maximizing the Donor ExperienceElectionMall Webinar: Maximizing the Donor Experience
ElectionMall Webinar: Maximizing the Donor Experiencecampaigncloudos
 
Event Sponsorships 101: How to Grow Your Event Revenue with Sponsorships
Event Sponsorships 101: How to Grow Your Event Revenue with SponsorshipsEvent Sponsorships 101: How to Grow Your Event Revenue with Sponsorships
Event Sponsorships 101: How to Grow Your Event Revenue with SponsorshipsTicketbud
 
Crowdfunding Presentation by HI-Arts, Stornoway
Crowdfunding Presentation by HI-Arts, StornowayCrowdfunding Presentation by HI-Arts, Stornoway
Crowdfunding Presentation by HI-Arts, StornowaySian Jamieson
 
Why Choose RealEstateAuctions.com
Why Choose RealEstateAuctions.comWhy Choose RealEstateAuctions.com
Why Choose RealEstateAuctions.comAmy Schrader
 
Release the Winner Within pt. 3 - Listing Interview
Release the Winner Within pt. 3 - Listing InterviewRelease the Winner Within pt. 3 - Listing Interview
Release the Winner Within pt. 3 - Listing InterviewHouseHunt Agents
 

Similar a Fundraising Auction Tips (20)

Rolling in the dough funding your organization bodon1
Rolling in the dough funding your organization bodon1Rolling in the dough funding your organization bodon1
Rolling in the dough funding your organization bodon1
 
Key Elements of events Lec 3.pptx
Key Elements of events Lec 3.pptxKey Elements of events Lec 3.pptx
Key Elements of events Lec 3.pptx
 
Crowdfunding Workshop November 2012
Crowdfunding Workshop November 2012Crowdfunding Workshop November 2012
Crowdfunding Workshop November 2012
 
Crowdfunding Workshop Benbecula November 2012
Crowdfunding Workshop Benbecula November 2012Crowdfunding Workshop Benbecula November 2012
Crowdfunding Workshop Benbecula November 2012
 
Corporate fundraising
Corporate fundraising Corporate fundraising
Corporate fundraising
 
Crowdfunding for Social Enterprises
Crowdfunding for Social EnterprisesCrowdfunding for Social Enterprises
Crowdfunding for Social Enterprises
 
Show Me The Money - The Ying and Yang of Entrepreneurial Finance
Show Me The Money  - The Ying and Yang of Entrepreneurial FinanceShow Me The Money  - The Ying and Yang of Entrepreneurial Finance
Show Me The Money - The Ying and Yang of Entrepreneurial Finance
 
Telephone fundraising in the arts
Telephone fundraising in the artsTelephone fundraising in the arts
Telephone fundraising in the arts
 
Transforming Theater Fundraising with BiddingForGood
Transforming Theater Fundraising with BiddingForGoodTransforming Theater Fundraising with BiddingForGood
Transforming Theater Fundraising with BiddingForGood
 
The ultimate question fred reichheld summary dirk de boe creashock
The ultimate question fred reichheld summary dirk de boe creashockThe ultimate question fred reichheld summary dirk de boe creashock
The ultimate question fred reichheld summary dirk de boe creashock
 
How to Plan a Charity Auction
How to Plan a Charity AuctionHow to Plan a Charity Auction
How to Plan a Charity Auction
 
Systematic Lead Generation
Systematic Lead GenerationSystematic Lead Generation
Systematic Lead Generation
 
Festival sponsorship
Festival sponsorshipFestival sponsorship
Festival sponsorship
 
Major Gifts Fundraising
Major Gifts FundraisingMajor Gifts Fundraising
Major Gifts Fundraising
 
ElectionMall Webinar: Maximizing the Donor Experience
ElectionMall Webinar: Maximizing the Donor ExperienceElectionMall Webinar: Maximizing the Donor Experience
ElectionMall Webinar: Maximizing the Donor Experience
 
Event Sponsorships 101: How to Grow Your Event Revenue with Sponsorships
Event Sponsorships 101: How to Grow Your Event Revenue with SponsorshipsEvent Sponsorships 101: How to Grow Your Event Revenue with Sponsorships
Event Sponsorships 101: How to Grow Your Event Revenue with Sponsorships
 
buying low in a hot market video
buying low in a hot market videobuying low in a hot market video
buying low in a hot market video
 
Crowdfunding Presentation by HI-Arts, Stornoway
Crowdfunding Presentation by HI-Arts, StornowayCrowdfunding Presentation by HI-Arts, Stornoway
Crowdfunding Presentation by HI-Arts, Stornoway
 
Why Choose RealEstateAuctions.com
Why Choose RealEstateAuctions.comWhy Choose RealEstateAuctions.com
Why Choose RealEstateAuctions.com
 
Release the Winner Within pt. 3 - Listing Interview
Release the Winner Within pt. 3 - Listing InterviewRelease the Winner Within pt. 3 - Listing Interview
Release the Winner Within pt. 3 - Listing Interview
 

Más de 4Good.org

Leadership For A New Era
Leadership For A New EraLeadership For A New Era
Leadership For A New Era4Good.org
 
On Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant ProposalOn Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant Proposal4Good.org
 
Successfully Outsourcing Your Accounting Function
Successfully Outsourcing Your Accounting FunctionSuccessfully Outsourcing Your Accounting Function
Successfully Outsourcing Your Accounting Function4Good.org
 
Inbound Marketing & Millennial Donors: A Perfect Marriage
Inbound Marketing & Millennial Donors: A Perfect MarriageInbound Marketing & Millennial Donors: A Perfect Marriage
Inbound Marketing & Millennial Donors: A Perfect Marriage4Good.org
 
Building your brand – A practical guide for nonprofit organizations
Building your brand – A practical guide for nonprofit organizationsBuilding your brand – A practical guide for nonprofit organizations
Building your brand – A practical guide for nonprofit organizations4Good.org
 
Beyond Fundraising
Beyond FundraisingBeyond Fundraising
Beyond Fundraising4Good.org
 
Involving Volunteers in Your Fundraising
Involving Volunteers in Your FundraisingInvolving Volunteers in Your Fundraising
Involving Volunteers in Your Fundraising4Good.org
 
What’s a Mission Statement Worth?
What’s a Mission Statement Worth?What’s a Mission Statement Worth?
What’s a Mission Statement Worth?4Good.org
 
e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...
e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...
e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...4Good.org
 
Key Leadership Factors for Fundraising Success
Key Leadership Factors for Fundraising SuccessKey Leadership Factors for Fundraising Success
Key Leadership Factors for Fundraising Success4Good.org
 
Barriers to Change: Understanding Roadblocks to Progress in Organizations and...
Barriers to Change: Understanding Roadblocks to Progress in Organizations and...Barriers to Change: Understanding Roadblocks to Progress in Organizations and...
Barriers to Change: Understanding Roadblocks to Progress in Organizations and...4Good.org
 
Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...
Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...
Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...4Good.org
 
Asking Rights
Asking RightsAsking Rights
Asking Rights4Good.org
 
Four Great Hormones to Stimulate Well-Being
Four Great Hormones to Stimulate Well-BeingFour Great Hormones to Stimulate Well-Being
Four Great Hormones to Stimulate Well-Being4Good.org
 
The Power of the Welcome Series
The Power of the Welcome SeriesThe Power of the Welcome Series
The Power of the Welcome Series4Good.org
 
On Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant ProposalOn Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant Proposal4Good.org
 
Mission and Leadership: Work Motivation That Strikes a Chord
Mission and Leadership: Work Motivation That Strikes a ChordMission and Leadership: Work Motivation That Strikes a Chord
Mission and Leadership: Work Motivation That Strikes a Chord4Good.org
 
Affordable Special Events Data Tracking and Analysis
Affordable Special Events Data Tracking and AnalysisAffordable Special Events Data Tracking and Analysis
Affordable Special Events Data Tracking and Analysis4Good.org
 
Have You Been Sequestered?—Developing Diverse Sources of Revenue
Have You Been Sequestered?—Developing Diverse Sources of RevenueHave You Been Sequestered?—Developing Diverse Sources of Revenue
Have You Been Sequestered?—Developing Diverse Sources of Revenue4Good.org
 
The Budget Primer: Building and Using Budgets Better
The Budget Primer: Building and Using Budgets BetterThe Budget Primer: Building and Using Budgets Better
The Budget Primer: Building and Using Budgets Better4Good.org
 

Más de 4Good.org (20)

Leadership For A New Era
Leadership For A New EraLeadership For A New Era
Leadership For A New Era
 
On Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant ProposalOn Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant Proposal
 
Successfully Outsourcing Your Accounting Function
Successfully Outsourcing Your Accounting FunctionSuccessfully Outsourcing Your Accounting Function
Successfully Outsourcing Your Accounting Function
 
Inbound Marketing & Millennial Donors: A Perfect Marriage
Inbound Marketing & Millennial Donors: A Perfect MarriageInbound Marketing & Millennial Donors: A Perfect Marriage
Inbound Marketing & Millennial Donors: A Perfect Marriage
 
Building your brand – A practical guide for nonprofit organizations
Building your brand – A practical guide for nonprofit organizationsBuilding your brand – A practical guide for nonprofit organizations
Building your brand – A practical guide for nonprofit organizations
 
Beyond Fundraising
Beyond FundraisingBeyond Fundraising
Beyond Fundraising
 
Involving Volunteers in Your Fundraising
Involving Volunteers in Your FundraisingInvolving Volunteers in Your Fundraising
Involving Volunteers in Your Fundraising
 
What’s a Mission Statement Worth?
What’s a Mission Statement Worth?What’s a Mission Statement Worth?
What’s a Mission Statement Worth?
 
e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...
e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...
e-Strategy for Your Nonprofit (Cast Your NET, Catch More Fish: Effective Inte...
 
Key Leadership Factors for Fundraising Success
Key Leadership Factors for Fundraising SuccessKey Leadership Factors for Fundraising Success
Key Leadership Factors for Fundraising Success
 
Barriers to Change: Understanding Roadblocks to Progress in Organizations and...
Barriers to Change: Understanding Roadblocks to Progress in Organizations and...Barriers to Change: Understanding Roadblocks to Progress in Organizations and...
Barriers to Change: Understanding Roadblocks to Progress in Organizations and...
 
Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...
Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...
Nonprofit Blogging Best Practices: Why Your Nonprofit Needs a Blog and How to...
 
Asking Rights
Asking RightsAsking Rights
Asking Rights
 
Four Great Hormones to Stimulate Well-Being
Four Great Hormones to Stimulate Well-BeingFour Great Hormones to Stimulate Well-Being
Four Great Hormones to Stimulate Well-Being
 
The Power of the Welcome Series
The Power of the Welcome SeriesThe Power of the Welcome Series
The Power of the Welcome Series
 
On Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant ProposalOn Today's Menu: Your Successful Grant Proposal
On Today's Menu: Your Successful Grant Proposal
 
Mission and Leadership: Work Motivation That Strikes a Chord
Mission and Leadership: Work Motivation That Strikes a ChordMission and Leadership: Work Motivation That Strikes a Chord
Mission and Leadership: Work Motivation That Strikes a Chord
 
Affordable Special Events Data Tracking and Analysis
Affordable Special Events Data Tracking and AnalysisAffordable Special Events Data Tracking and Analysis
Affordable Special Events Data Tracking and Analysis
 
Have You Been Sequestered?—Developing Diverse Sources of Revenue
Have You Been Sequestered?—Developing Diverse Sources of RevenueHave You Been Sequestered?—Developing Diverse Sources of Revenue
Have You Been Sequestered?—Developing Diverse Sources of Revenue
 
The Budget Primer: Building and Using Budgets Better
The Budget Primer: Building and Using Budgets BetterThe Budget Primer: Building and Using Budgets Better
The Budget Primer: Building and Using Budgets Better
 

Último

8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditNhtLNguyn9
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 

Último (20)

8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal audit
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 

Fundraising Auction Tips

  • 1. Obtaining Quality Items For Your Fundraising Auction Tom Weitbrecht A Service Of: Sponsored by:
  • 2. Affordable collaborative data management in the cloud. A Service Of: Sponsored by:
  • 3. Today’s Speaker Tom Weitbrecht President, Strategic Auction Alliance, Hosting: Assisting with chat questions: Weitbrecht Auctioneers, Inc. Sam Frank, Synthesis Partnership April Hunt, Nonprofit Webinars A Service Of: Sponsored by:
  • 4. Today’s Take-Aways • Learn how to recruit effective members to your auction donation procurement committee • Understand the items to target for your live and silent auction • Understand the different ways to procure high quality auction items • Find out which items should be avoided in your auction item donation campaign
  • 5. Recruit effective members to your auction donation procurement committee • Don’t be afraid to recruit a busy person. Busy people are busy because they are accomplishing things. These are the people you want involved. • Target successful salespeople for your committee. Successful sales people are skilled at convincing people to understand their viewpoint and are usually well connected. • Successful business people should be recruited to your committee. They know how to get things done, know other business owners and will be valuable in accomplishing the committee’s efforts. • Try to recruit people who have been involved with successful fundraising events. They are energized from participating in successful event(s) and will bring experience and fresh ideas to the table. • Avoid people who are negative or argumentative at all costs. These people will disrupt your committee from accomplishing its goals.
  • 6. Auction donation sub-committee chairs, set the expectations, plan the work and work the plan! • Set a clear and understandable agenda and take detailed notes at every meeting. • Involve the entire committee in developing a plan to solicit donations. • Set clear goals for what items will be targeted for procurement. • Receive commitments from individual members, for which activities each committee member will be responsible for during the campaign. • At the beginning of each meeting, review the meeting notes from the prior meeting and discuss the goals of the current meeting. Discuss areas of progress and do not avoid areas that need additional attention.
  • 7. Auction donation sub-committee chairs, set the expectations, plan the work and work the plan! • Stay on a pre-determined meeting schedule and remain committed to it. • Recognize the endeavors of every person who’s involved. Understand that every committee member has a different skill set. As volunteers, the amount of time they can commit and their accomplishments will vary. • In a polite and professional way, keep your meetings on target. This will ensure people’s time is utilized effectively and shows that you value and respect your committee members’ time.
  • 8. Sources of Auction Donations • Members of your board of directors, their professional contacts and friends • Businesses that support your organization, their professional contacts and employees • Your auction committee members, their friends, professional contacts and vendors that they personally utilize • Employees of your non-profit organization • Vendors who do business with your non-profit organization are a great source of auction donations i.e. insurance agent, oil company, bank/ financial institution, attorney, electrician, plumber, painter, etc.
  • 9. Sources of Auction Donations • Professional sports teams • Locally owned appliance stores • Major airlines • Big box stores • Fine hotels & restaurants • Flight schools • Movie studios • Limo companies • Celebrities • Theatre production companies • Distilleries, wineries, breweries • Television stations • Exclusive golf courses • Orchestras • Politicians • More…
  • 10. Methods of Obtaining Auction Donations • Business people recognize opportunity. They benefit from their donation and the recognition of a captive audience that’s engaged in a cause they support. • Auction donation solicitation committees must develop a standardized information package that describes the mission of the organization, the gala auction event, anticipated demographics of and estimated number of attendees. The information must tactfully explain “what’s in it” for the donors. • For additional credibility, and ease of access, donor information packages should be listed on the non-profit organization’s web site. • Six degrees of separation… don’t just focus on who you know, explore who in your support team knows who. You’ll quickly discover that your organization has an incredible number of contacts who are capable of making great donations.
  • 11. Methods of Obtaining Auction Donations • The ask. Tried and true method of face to face contact. The best time to ask a business for a donation is when you are doing business with them i.e.: when you are out to eat at a fine restaurant or staying at a quality hotel. • A well written solicitation letter is an effective way to solicit donations. In concise terms explain the mission of your organization and the goals of your gala auction event. Letters should be sent 90 days before your event. Try to personalize each letter as much as possible and be sure to specify exactly what you are asking for. Be sure to ask for quality donations. Aim high and you will always get better results. Be sure to include a copy of include your non-profit finding letter from the IRS, most donors will require it. • Many donors will accept donation requests only on the Internet. Time spent on the search engines looking for “charitable giving” or “charitable requests” from major companies is time well spent. A computer savvy volunteer can often find and submit requests to dozens of potential donors in a single day.
  • 12. Auction Donations You Should Avoid • Donations of personal services i.e. dental cleanings, will services from attorneys, and CPA services generally do not do well. Most people have already chosen the professional(s) they prefer and will not go outside of their comfort zone. Net effect = low bids. • Most jewelry donations do not do well. Everyone has their own distinct taste. Beauty is in the eye of the beholder. Generally speaking the only jewelry items that sell well are generic quality items such as diamond stud earrings, tennis bracelets and high quality pearl necklaces. • Artwork is a difficult sell in a general audience. Unless your audience is comprised of art enthusiasts for a specific type of artwork that is donated, artwork is almost always a bust at benefit auctions.
  • 13. Silent Auction Donations • Silent auction items typically consist of lower value items such as museum passes and restaurant gift certificates. • A range of items should be targeted that are interesting to and affordable for a family of average means. • Donations can be combined into desirable auction “packages” e.g. multiple restaurant gift certificates, arts & crafts, movie theme and etc. • Consider purchasing and combining items into baskets to create a nice presentation. We’ve seen this method used successfully in several auctions. Good presentation = increased value perception. • The total number of silent auction “packages” should be limited to 40-60 in total
  • 14. Live Auction Donations • Live Auction items are high value items that generally consist of unique trips and experiences. It should be difficult to estimate the value because of the uniqueness of the item. We like to refer to them as “blue sky” items. • Regular items can be “supercharged” into experiences capable of commanding thousands of dollars. For example, a round of golf for 4 at an exclusive club is great, but a round of golf for 4 at exclusive club with the mayor, a sports anchor or influential business leader takes a golf outing to a whole new level. • Donations can be combined to make valuable live auction packages. For example, dinner at a nice restaurant, a high quality hotel stay, limo ride and great seats at a professional baseball game with parking passes makes a great weekend away for an affluent couple!
  • 15. Live Auction Donations • Dinner for 10, prepared at the winning bidder’s home by a professional chef, always does well in a live auction • Private wine tastings with a sommelier and high quality wine is a great live auction item that can be arranged with relative ease. • Unique, high end sports memorabilia and experiences are a great option for a highly successful city of sports enthusiasts such as Boston. We’ve seen donations such as Zamboni rides, on field pre-game batting practice passes, sideline passes and courtside seats donated by major sports teams and affluent business people with great connections.
  • 16. Consignment Items • Consignment items can be appropriate if your organization is capable of drawing “high rollers”, but has not received the high quality donation necessary to satisfy them. • Consignment items should be carefully considered and be appealing to the general audience of your event. • A few sports consignment items can be a good addition to “spice up” your silent auction, so long as your event draws deep enough pockets to buy the items at a net profit to your organization.
  • 17. Find listings for our current season of webinars and register at: NonprofitWebinars.com A Service Of: Sponsored by: