Silent Auction Vs Live Auction

For more information on how to help your organization exceed its fundraising goals, visit the website at, follow the blog of 501 auctions, connect with them on Facebook, Twitter and link at. After that, your organization will need to make records of all your items in your auction program. The Item and Package Management module must contain fields so that you can enter all the important information about your items, including the item name and description.

Live auctions usually bring bids close to or above the market value of items, while silent auctions bring in only about half of their market value. An expensive holiday for six people is likely to receive higher bids in a live or online auction than in a silent auction. Even people looking for a bargain can get caught up in the work at a live auction and spend a lot of money to remember that “it was for a silent auction ideas good reason.” Donorperfect provides the perfect online charity auction software for non-profit organizations to easily manage their event attendees and invitations. If you like the traditional feel of a silent auction, your nonprofit can still print paper bid sheets and your catalog of items. But don’t worry, you can easily add this data back to the program to create invoices and maintain checkout speed.

Silent auctions usually require a lot of work for a much lower reward. It is more work to retrieve all these items, display them and create bid sheets for them. Once the silent auction is over, there are more items to create invoices and deliver to bidders. Silent auctions are a good option if the auction is held as part of another event – an annual dinner or something similar.

In these cases, a silent auction can take place in an adjoining room or in a corner of the event room. In the past and even today some still do, organizers placed items on tables throughout the room, with paper slips in front of each item. This has worked well in the past as bidders circled the room and checked their items to see if they were outbid. Live charity auctions are a popular way of fundraising for non-profit organizations due to their high energy and high fundraising environment. All proceeds from live auction participants and their bids go to a charitable cause, either a sponsored program or a non-profit organization that hosts the auction itself.

They trade quickly, guided by auctioneers and offer item after item for their cousins in the live auction to continue reading self-guided goods, almost like a retail experience. As soon as the time frame for the written bid expires, the auction organizers announce the winners, and then coordinate the payment and delivery. Alternatively, you can exchange bid sheets for a charity golf tournament, a gala, a 5k run/walk or a movie by car. Givepotter makes it easy to sell tickets, invite contributors, promote events on social media, and accept a number of payment methods, including Venmo. In fact, Givepotter offers over 70 free features to help you easily run your next fundraiser.

For example, some non-profit organizations hold a live and silent auction during the same event . Some hold an online auction before a silent auction in order to reduce the number of goods to be exhibited. At givepotter, we like to keep things simple – that’s why silent auctions are at the bottom of our list of the most popular fundraisers. If you are looking for a fun alternative solution for silent auctions, you are in luck. Below we present 10 alternatives to silent auction to raise money for your cause.