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 […]

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Golfer

The Socially-distant Golf Outing

Due to the pandemic, many nonprofits took their in-person galas virtual, streaming their presentation online and raising money through mobile bidding software. Though it has received less fanfare, there is a second trend afoot in socially-distant fundraising: the benefit golf event. Since golf is an outdoor sport where it’s easy for people to keep their distance, golf […]

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virtual experience

LingQ Steps Up for Your Cause for Giving Tuesday

TravelPledge is excited to announce a Flash Sale on LingQ online language lessons from November 24 through December 8, 2020. Giving Tuesday is December 1. Need a refresher on Flash Sales? Here’s how they work: Promote the Flash Sale page on your custom branded TravelPledge website to your supporters. When a supporter purchases a certificate on Flash […]

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auctioneer

The Definitive Guide to Hybrid Fundraising Events

The benefits of virtual galas are undeniable. But, there are trade-offs as well. Many donors, for example, miss the communal feeling of everyone coming together at an in-person gala to help a dear cause. Fortunately, there’s a way to reap the benefits of virtual event without the trade-offs: the hybrid fundraiser. In this post, you’ll learn what […]

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nobelprize_milgromwilson

Apply Nobel Prize Winners’ Findings to Your Benefit Auction

Two economists, Paul R. Milgrom and Robert B. Wilson, won the Nobel in economic science on Monday for improvements to auction theory and inventions of new auction formats. At TravelPledge, we are quite excited about auction theory getting so much attention in the news! We looked at a few of Milgrom and Wilson’s findings to see how […]

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Make the ask for a donation

Donation Request Forms: Are You Making These 3 Mistakes?

Auction organizers know the importance of connecting with generous businesses to find auction items. However, it’s cumbersome to fill out hundreds of online donation request forms hoping enough generous business owners say “yes.” How do you make your fundraising auction stand out? In this post, we cover the top mistakes to avoid requesting donations from companies to […]

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camden, ME

TravelPledge’s Latest Bed & Breakfast Additions (August ’20)

TravelPledge is excited to offer these new B&B stays for your auction or raffle. These are perfect if you are looking for a drivable “staycation” for your fall event. You can access them for your event from your TravelPledge dashboard under Use Items at Event > New Additions. Escape to Brandywine Valley & Gardens Chadds Ford, PA […]

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living room captains

Living Room Captains: The Key to Your Virtual Gala’s Success

The most important thing for a virtual gala fundraiser is not the scripting, the video, the hosts or the auction items. The most important thing is getting people to tune in, ready to open their wallets. In this post, I’m going to show you how to achieve just that using “living room captains.” What Is a Living […]

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auctioneer

How Much Does It Cost to Throw a Virtual Gala?

Despite the virtual gala being the “plan B” for many nonprofits in 2020, many organizers have realized that their net donations are increased by going virtual! Since their virtual gala was less expensive to throw, the decreased revenue from ticket sales was more than offset by the lower costs. But just how much does it cost to […]

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You Got This computer

How TravelPledge Supports Your Socially-distant Fundraising

It’s no secret that the coronavirus pandemic has thrown event fundraising for a loop. At TravelPledge, we’ve been hard at work enhancing our capabilities to support you in your socially-distant fundraising efforts. Here are some helpful TravelPledge features and resources you may or may not be aware of. Local Experiences Mobile Bidding Integrations Virtual Experiences Flash Sales […]

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