Tag: silent auction

Silent Auction Display

Where Should You Start Your Silent Auction Bids?

If you’re running a silent auction, setting the proper starting bid, bid steps and buy-it-now price will result in higher bids and bigger donations. Starting Bids Here are some rules of thumb for setting the starting bid (AKA minimum bid) for your silent auction items. Type of Item Starting Bid TravelPledge Experience Use the TravelPledge-provided starting bid, […]

Continue Reading
Facebook app

Can You Run a Silent Auction on Facebook?

Many nonprofits are tempted to run their silent auction fundraiser on Facebook. After all, most of their supporters already have an account and Facebook doesn’t charge anything. But, are charity auctions even permitted according to Facebook’s terms of use? If so, what’s the best way to run a silent auction on Facebook? Drawbacks to Running a Silent […]

Continue Reading
Silent Auction Display

10 Amazing Tips to Increase Bidding at Your Silent Auction Fundraiser

In this post, you’ll learn 10 amazing tips to increase bidding at your silent auction fundraiser. 1. More items are not always better A good rule of thumb is to auction approximately one item for every two attendees. For example, if you expect 200 people, then the ideal number of Silent Auction items would be 100. If […]

Continue Reading
Auction Statistics key performance indicators

The Key Performance Indicators for Your Fundraising Auction

In this post, you’ll learn the key metrics you need to evaluate after each fundraising auction. These metrics will help you determine how you performed compared to last year and highlight what to improve. Revenue and Costs First, look at the big picture stats. Specifically, total revenue, total expenses and finally your expense ratio which is your […]

Continue Reading