Friday 24 May 2019

Basics Of Silent Auctions - How the Software for Silent Auctions can help you be more productive?

Are you thinking about propelling a silent auction to raise funds? You’re not alone. From home and school associations to non-profits and charities – everybody wants to include a silent auction as part of their events. That is because having a silent auction is a fun and pleasant revenue-generating attraction. However planning, promoting and performing a successful silent auction can be a daunting task. There are many moving pieces, so coordination and devising are the key. Therefore, there demand in software for silent auctions such as MobilBid who combine the latest technology with customer-driven functionality to turn your fundraising event terrific—and more productive.

silent auction management software


What are the basics of Silent Auctions?

Here’s a high-level list of what you will need to get started with charity auction management software:

Desired items: 
Your whole auction twirls around the items that are on presentation. Sourcing valuable items that your audience will be delighted by will help you get the maximum possible revenue from your auction.

Displayed items:
 Displaying your chosen items appropriately will help you to accentuate them. Choose sensibly from stages, platforms, easels, and cases to make the items stand out and appear more desirable. Keep in mind lighting and location when systematizing your collection.

Volunteers: 
Silent auctions can be labor intensive. Recruiting well-trained volunteers to help with requesting for items, inventory management, auction set-up, and checkout will help make sure your event runs sleekly, and your bidders have a good time.

Bid Sheets:
 Bid sheets are where the actual auction takes place. As discussed above, they need to have the name of the item, a short classification or description, its value, the merest bid amount, and spaces for people to note down their names and bids. It is good practice to make sure the bid sheet is securely attached near the corresponding auction item.

Checkout section: 
Having a cordoned off area that ventures with the actual monetary transactions will help make transaction private (if asked) and safe. Be prepared to trade with cash, checks and even credit cards.

Auction Monitors:
If possible, qualified or trained volunteers or staff should act as auction monitors. As the bidding is a self-service, the monitors should be in management of keeping an eye on the items and bid sheets to ensure that your guests are comprehending the auction and bidding rules.
How can the software for silent auctions help you be more productive?

Since silent auction management software was built to address such a specialized type of event, many nonprofits need a little more help when it comes to running a flourishing auction than they would with other types of fundraising events. As its name suggests, software to manage silent auctions was designed specifically to address the needs of nonprofits and fundraising auctions. Beyond basic item management and event site generation, these programs include valuable tools that can help you better engage your donors and increase your fundraising potential.

Whether you’re planning a new event or already have one on the calendar, you can research how softwares can help you with silent auctions. Why you're done with that, research companies that provide these softwares and you're all set to go. In case you are on the lookout for software that helps with silent auctions, you can find them with the help of Google Maps, Bing Maps, and Better Business Bureau.