How To Conduct A Successful Silent Auction

Not to mention that at the end of the night, your organization will be faced with a complicated payment process. Handbid’s innovative experts envision a world where charities can easily connect with their donors anytime, anywhere using powerful mobile tools. That’s why they have developed robust online charity auction software that allows non-profit organizations to attract the attention of bidders on all devices. The creative silent auction items are very simple if you combine several donated items into thematic baskets. Here is a list of 500 ideas for silent auction baskets to help you get started.

In this way, bids can remain anonymous and guests will feel comfortable bidding against others, even friends. As soon as the auction ends, the items go to the people with the highest bids. Charities and non-profit organizations often use silent auctions to raise money. The items collected for the auction are often donated by sponsors or people who support the respective purpose.

These lucrative fundraising events require multi-stage planning, from the initial formation of the committee to the final exit. The preparation for a silent auction can take months of research, public relations and organization. The amount of time alone makes silent auctions a fundraising event with high investments, and their implementation determines how profitable your ROI is.

During silent auctions, organizations raise money by placing bids on auction items and selling each to the highest bidder. The bids are carried out with Silent Auction Ideas tender forms on paper or with mobile bidding software. It is reported that more than 250,000 charity auctions are held annually in North America.

Luxury Vacation Rentals: Another source of great silent auction items are vacation rentals available through consignment companies. They take care of all the paperwork, provide detailed descriptions and photos, and also allow you to reserve available dates and list them in your auction. This is perfect if you want to offer a Breckenridge ski apartment for the Christmas holidays during a silent auction in November.