amplifying your auction: how online and mobile bidding can transform your silent auction

38
1 New cover slide with amplification image and title… AMPLIFY YOUR AUCTION How online and mobile bidding transform the silent auction

Upload: hubspot

Post on 12-May-2015

3.269 views

Category:

Business


1 download

DESCRIPTION

The silent auction, whether it's for a school or a nonprofit, has expanded outside of just the auction room and can now reach all different audiences before, during, and after the live event.

TRANSCRIPT

Page 1: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

1

New cover slide with amplification image and title…

AMPLIFYYOUR AUCTION

How online and mobile bidding transform the silent auction

Page 2: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Where do auctions fit in the fundraising landscape?

• Peer to Peer fundraising• Direct appeals• Capital Campaigns• Events• Social Media has changed

the rules for all of these tactics

2

Page 3: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Auctions tap a different pool of $$

• Supporters have a budget that they tap to give charitable donations

• Auctions tap household discretionary spending: - Sports tickets - Theater tickets - Restaurant certificates - Travel: all come out of a household budget…

3

Page 4: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

The Charitable Commerce Eco-system

Nonprofits

Charitable Shoppers/Supporters

Generous businesses/Individuals

4

Page 5: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

The Anytime, Anywhere Auction

A fundraising auction that allows bidders to bid on any device from anywhere.

5

• Online• At school events• At galas • At golf tournaments• In stadiums

Page 6: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

It’s all about…

6

Page 7: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Let’s start with the gala…

7

• The larger bidding community

• Gala attendees• Your community

• Their networks

400+ 2000_____2,400

X 25______60,000

+ 360,000_______420,000

Page 8: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Traditional silent auction = crowds

8

Page 9: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

9

Traditional silent auction = party distractions

Page 10: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Traditional silent auction = awkward endings

10

Page 11: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

New mobile auction begins with an invitation

11

The Boston Society of Fabulous People requests the pleasure of your company at our

Fab Gala Celebration

Feb 28, 2013The Boston Park Plaza Hotel

50 Park Plaza Boston, MA 02116

Cocktails at 6:00 PMDinner at 7:30 PM

Live Music and Dancing Attire: Creative Black Tie

Buy your tickets and register to bid in our auctionat www.biddingforgood.com/FabGala

Page 12: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

And a visit to the auction homepage

12

Page 13: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Guests buy tickets and browse the auction

13

Page 14: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

14

They come for the party

They arrive ready to bid. No need to fight the crowd or worry about getting outbid.

The night of the event

Page 15: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

A leaderboard keeps them engaged

15

• Promote sponsors and highlight featured items• Show auction progress and thank auction donors volunteers

Page 16: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Encourage more bidding

16

5 MINS LEFT TO BID!

PLACE

MAX BID

YOU HAVE

BEEN

OUT BID

Outbid Alerts Max Bids Bid Extension

Page 17: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Another amplification idea

17

• The larger bidder community

• Gala attendees• Your community

• Their networks

From the ballroom to the hotel guests to the broader community = more $$ raised

Page 18: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Checkout is a breeze… they go home happy

18

Page 19: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Best practices for online auctionsand mobile bidding events

19

ONLINE

MO

BIL

E

Page 20: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Let’s start with some inspiration…“Organize, don't agonize.” ― Nancy Pelosi

“By failing to prepare,

you are preparing to fail.” ― Benjamin Franklin

“He who is best prepared can best serve his moment of inspiration.” ― Samuel Taylor Coleridge

20

Page 21: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Organizing your volunteers is a lot like managing a family

• Checklists

• Collaboration tools• Volunteer log in

• Reporting

• Item Donation Status

• Tickets sold

• $$ raised to date

• Cash Donations

21

Page 22: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

It’s All About the Items

22

Harrison Ford Experience(lunch + plane ride)$70,000Navy Seals Motorcycle

$25,000

Classic Lunch Box Collection $10,000

Antique Tea Set $20,000

2011 Smart Car + $500 in gas$12,000

William Wegman Photo Session$10,000

Page 23: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Different Auction Formats –

23

Page 24: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Different Auction Formats –

24

Page 25: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Different Auction Formats –

25

Page 26: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip #1: Pre-promotion, prepare your guests

26

• Send multiple emails• To solicit donations• To sell tickets• To announce auction • To countdown to auction close.• Recommended best practice: 5

emails

Westchester Arts

Page 27: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Using Facebook before, during and after your fundraiser

27

Post updates on event details including entertainment, speakers, special guests

• Provide date, time and location

• Link to registration or ticket page.

Post updates on featured items with images.

Page 28: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Using Twitter before, during and after your fundraiser

28

Use Twitter to create a place for conversations about the event.

Page 29: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip #2 Connectivity matters

• Plan for peak times• Negotiate terms upfront• Have IT person’s

contact info for trouble-shooting

• Have a plan B

29

Private School Gala in Boston

Page 30: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip # 3 Venue selection is key

30

Academy of Friends in SF

Statesville Family YMCA

Page 31: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip #4 Pre-Registration

Cut registration time by 1/3rd or moreat your event when attendees pre-register

Eliminates lines

at the event.

Sell tickets on your

Auction homepage!

31

Page 32: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip #5 One bid learning curve

…and bidder buddies

32

Page 33: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip # 6Open the doors to your auction

• Larry King Cardiac Foundation

33

Raised 25% of their revenue from outside their community by putting auction online

Page 34: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip #7 Broadcast Your auction

GLOBE SANTA

• Actors revved up bidding

• Amplification: bat boy or girl at Fenway Park

• $1,000 with closed auction

• $2,500 with open auction

34

Page 35: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip #8Price your items carefully

There is an art to pricing your auction items:

• Set your opening bids • Recommendation - set at

1/3 value of the item• You know your community

best and what prices will fly

35

Page 36: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Tip # 9Make it easy to bid

• Have music blasting all night long• Have a casino competing with your auction• Isolate the bidding area from the party• Serve too much alcohol before the bidding

begins….

36

Don’t:

Page 37: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Make it easy to bid…

37

Do:• Make sure you can make auction announcements • Encourage volunteers to help bidders • Sell tickets online so people arrive ready to bid• Put bidding station near the items • Use a leaderboard to keep

bidders engaged

Page 38: Amplifying Your Auction: How Online and Mobile Bidding Can Transform Your Silent Auction

Thanks!

Happy Fundraising

38