Some may not know what a silent auction fundraiser is, so let’s just say that they’re very common although not really very silent. These are types of auctions where all the items are on display all at once. Each one has a numbered piece of paper with a starting price and people note their name, contact info and the purchase price they’re willing to pay.
This is easier as you save time by looking at gift basket ideas for silent auction everything all at once and making the decision in the moment rather than waiting for each item to be displayed individually. A traditional auction shows you each item for sale one at a time, the purchase price is voted for and the sale is made. This may be effective, but if someone is not able to sit through it all, you could miss out on a good buyer or even greater sale.
Places you typically find these going on are at schools, churches or other large organizations. Parents and contributors find things they don’t need as if they were collecting items for a garage sale. They then donate these items where a starting price is decided upon and it’s put on display.
You can auction anything. One way to do it is ask for donations. This can be items like old books, toys, clothing, household items, movies, etc. The list is endless. You can even auction things as a group. It’s one way to get more money for something that might not sell so well on it’s own or perhaps you don’t have enough of an item that you feel would sell on its own.
The goal of any fundraiser is to raise money. So in order to be successful, you need to keep in mind how many items you’ll need and how much you’ll need to sell them for in order to make at least the minimum profit. Count the number of items you have and divide that into how much money you need to make in order for it to be a success.
Appearance is essential since you’ll have a lot of things all over. When you’re organized and have a great set up, the items will sell themselves. One way might be to separate items in similar groups. You could put a few outdoor toys together and put them in a sand pail so that it looks like a pail of fun and will probably sell for more.