Friday, April 25, 2014

How To Hold An Auction Fundraiser Successfully

By Essie Osborn


Many a times individuals or even organizations fall short in satisfying their financial obligations. In such cases, the easiest way to come out of such is by organizing an auction fundraiser. This act is not new to people, over the time it has been carried out but in the wrong way. Before trying it out, one should have in hand tips on how to how to hold an auction fundraiser.

Decency in the item presented should be observed. People have limited time to match such events and work, hence the use of temporal orders ought to be used as they would be the most appropriate. These orders are supposed to be presentable as the target group is from a particular class.

The item being the subject and center of attention, it need classy status so as to attract the attention of the attendants. Rare items can be used as they are intended to create excitement among the bidders forcing them to give higher bids for the particular item. When celebrities are involved in such an event, they create a particular mood within the individuals participating giving more or higher bids than even expected. This is so if for instance the item is said to belong to a prominent person within the celebrity family. It is a rule that the one individual with the highest bid should have the auctioned item.

Promotion of the event beforehand is very important. Individuals tend to ignore such events if not given enough convincing information. With the current technological advances, one ought to employ marketing media to create awareness of the activity. Social platforms such as twitter and Facebook ought to be considered as it is a way of reaching many people.

A celebrity being part of occasion attracts individuals. The figurehead is expected to give motivational speeches that might tempt individuals to propose good bids. Charitable organizations as well as firms have utilized this tactic in their favor and at the end help to meet their set objectives.

Hiring expert auctioneers is important as they have experience and knowledge on how to manage the event better. Experience and skills will be needed in order to hike the worth of the item in auction. The worry of hiring the specialist should be done away with as their services are at no value.

Security in such events must be considered. The attendants always wish to be secure as they participate in the proceedings. This type of event attracts individuals of different caliber and arranging for theft would not be a surprise. Therefore, the security ensures participants of their well-being in the hearts of the organizers and this tends to create trust in them.

The organizer need to be armed with enough and rich information concerning the auctioning he/she is willing to undertake. One does not just wake up and plan for an auctioning, research on previous successful events and online blogs can be taken as liable sources to such vital information. The guidelines given should be followed properly and this leads to a successful event. Therefore, early preparations determine the quality of event. Preparation should take ample time and be done in an orderly manner. The item being auctioned should be set ready and security assured.




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