How to know which auction items will sell well at your fundraiser

So you are planning a fundraising auction and you want to stack your event with stellar auction items! But how do you know if anyone will buy them? I know these are the things that keep you up at night, so I’m here to help. You don’t have to go into your auction willy nilly just hoping that you picked the right items. You can be prepared and validate which items will sell at your event.

How to know which items will sell well at your fundraiser?

Look at previous data

The first and obvious thing you can do is to pull the reports from previous events. If you use a mobile bidding system, all of that data will be easily accessible. You can pull the live auction items and see which ones sold the highest and try to solicit items that are similar for this year.

What if this is our first event? Don’t worry, if this is your first event and don’t have the data to pull. This is your first year and you are just getting to know your audience. Instead focus on a varied live auction line up to ensure there is something for everyone. This will appeal to a broader audience and allow you to tap into different donors interests rather than focusing on a few specific spenders in the audience.

CHECK OUT THIS POST ON THE 5 TYPES OF LIVE AUCTION ITEMS YOU NEED FOR A VARIED LIVE AUCTION

Poll your attendees

Send out a Google Form to your past attendees and straight up ask them what items they would like to bid on this year. This is a good opportunity to get feedback and direction on your event in general. Just make sure to keep the survey short. If you have too many questions, you run the risk of people giving up and not submitting the survey. So focus on short form answers or ranking questions to help get guidance from your attendees. This is also a good opportunity to ask them if they have any good ideas or connections for auction items. I had a client do this and it turns out they had a donor on their list who was a Food Network featured chef and they offered a private dinner for their live auction! You never know what you’ll get!

Focus on items with a broad appeal

Auctions raise money by having people bid against each other and the more bidders you have, the faster those bids go up. Focus on finding items that would intrigue many people rather than focusing on niche high-end items. I’ve done events where they have a piece of art valued at well over $10K and have struggled to find even one bidder willing to raise their hand at the minimum bid, while with the same audience sell a pizza party at a brewery for several thousand dollars. Curating unique experiences that would interest many different people in your audience is important.

Consider your audience

What does YOUR audience care about? Focus on what brought your audience together: your mission. A great way to appeal to your specific audience is creating Mission-Centered Experiences. These will appeal to your audience while costing you next to nothing to curate.

Ask your auctioneer

If you are working with a professional fundraising auctioneer who does these events every weekend, they should have great insight into what people in your area are bidding on currently. Every year I put out a post updating what items are selling the best and the auction trends that are popular. They’ll have the best insight.

Questions?

Hey! What questions do you have about your live auction. Pop them in the comments below, because I’ll be checking back to answer those for you! 👇🏼👇🏼👇🏼👇🏼👇🏼

Getting your guests ready for your Fund-A-Need before the event begins

Imagine hosting a fundraising gala and getting to your big fundraising appeal and all you see is a sea of hands in the air. Donors who are ready and excited to give to your organization. This could happen to you, but it won’t happen by accident.

Preparing your donors for your Fundraising Appeal

From the very moment you come in contact with your guests (the save the date) you should be walking them through the necessary steps to becoming a die-hard donor to your organization. I go over all of these steps in my free “Fund-A-Need Framework,” but here are some practical ways to apply this framework before your event even begins so that guests come to your event prepared (and excited) to give!

Introduce your guests to a problem

In all of your marketing materials, address the problems your organization solves. On everything from your save the date to the invites, educate the guests on the problems that exist as they relate to your intended Fund-A-Need. 

In your save the date and invite, share statistics about the demographic you serve, so that they become aware that there is a problem before they even RSVP.

I work with a wonderful community center in Saint Paul that hosts a Fund-A-Need only event every fall. They have many different programs, but every year they focus on one program at their event. Last year they focused on their senior programs. 

On their invitations and save-the-dates and on their social media communications about the event, they shared statistics about the seniors in their community. How many don't have access to healthy food, how many suffer from Alzheimers and dementia, and how many have have health problems directly related to lack of activity. 

When their guests show up to their event, they always know what the needs in their community look like.

Get your guests to care about the problem

Once invites and save the dates are out, start sending stories of people you serve either via email or through social media. Add pictures and video if you can. These stories will help you make a connection and build a relationship with your guests. You should have testimonials and stories at your event, but you serve so many people every week, month and year that you should have a wide selection of stories to share about. 

If you don't have access to a videographer, share a picture and a short write up of the person you helped or even a quote.

Leading up to the event, after guests RSVP, you can follow up with a story a week or every other week. Share these stories on your social media and have them listed on the event page on your website. There are so many ways to get your stories into the hearts of your guests before they even show up.

Empower them to be the solution

Remember, you are not the solution, you are the tool that your guests will use to solve the problem on their hearts. To prepare them, you can send out your Fund-A-Need donation levels before your event so that they can take a look at what it actually costs to deliver the programs and services to the people they care about.

This will help them set a realistic and generous budget, while also setting the expectation that they are expected to give. You will likely receive additional donations from supporters who may not be able to attend your event. Remember, you are hosting a fundraiser, not a party. Nonprofits are often very shy about asking for money. This is why I love this approach (aside from the fact that it works so well), all of a sudden you are not asking people for money. You are providing them a solution to a problem that is on their heart. If you do the first two steps well, they are going to want a solution, and at your event, you are going to give it to them.  

If you plan this out well, and start from the date of mailing out Save-The-Dates (or posting it online if that's how you do it), you will see an increase in revenue at your event this year. Prepare them to give and they'll be more willing to give.

Golden Ticket: A Fundraising Auction Enhancer to Raise Money At Your Next Event

The Golden Ticket is an exclusive high price point Raffle Game where the winner gets to pick ANY of the Live Auction Items as the prize.

I work with some local and regional nonprofits that have amazing donors and raise good money at their events through the Live Auction and Fund-A-Need, but struggle to solicit high value items. Their largest item may be a trip valued at $2,500 (though it would sell for more in the auction). The Golden Ticket is an excellent game for organizations like theirs because even though they may “lose” a live auction item through the Golden Ticket winner, the proceeds from the Golden Ticket sales far exceed what the item would have sold for in the auction. And, in my experience, roughly 50% of the time my clients play this game, the Golden Ticket winner donates their item back to the auction, generating even more revenue, because people are just amazing sometimes.

Who would benefit from offering this game?

This would benefit your organization and enhance your event if…

1. You are a small to mid-sized event (250-999 guests) that has live auction items with values all under $5,000.

2. You are an organization hosting a gala of 1,000+ because you have a larger pool of donors to whom you can sell the tickets

   Who should skip this game:

   If you are hosting an event with less than 500 people and are offering auction packages that have values over $5,000 there is a good chance you could actually lose money by offering the Golden Ticket to your guests. It works better when the ticket sales will exceed the price of your most expensive live auction item.

What you need to play?

• A roll of raffle tickets

• Dynamic and engaging Volunteers who can sell the tickets

How to set up and play:

Determine how much you want to make from the game:

Set a goal for how much revenue you want to earn from the “Golden Ticket” Game. Your goal should be equal to or higher than the value of your most expensive Live Auction item so you don’t end up losing money on your game.

Say your biggest Live Auction item is a trip to Italy valued at $6,500, your goal should at least be to sell enough tickets to meet $6,500 (though, if you have enough attendees, shoot for higher). For the sake of the instructions, I’m going to use the goal of $10,000, but know that depending on the number of people you have attending and their giving capacity, you will need to adjust your personal goal.

Decide how many tickets you should sell and how much to sell them for.

If you are hosting an event of 1,000, you should easily be able to sell 100 tickets and could likely sell them at $100 a piece to reach your goal of $10,000. You could also try for 200 tickets at $50/piece or 50 tickets at $200/piece. Remember the higher the price, the more challenging they are to sell, but the exclusivity of the raffle increases a lot which will be appealing to many of your donors.

Selling your tickets somewhere between $50 and $100 is a great place to start and fill in your numbers from there. If you have a group of 250 people, a goal of raising $10,000 with the Golden Ticket may be too high (unless you have exclusively high rollers at your event), but you could work to sell 50 Tickets at $100 and raise $5,000.

Keep in mind the winner may pick your most expensive item, so whatever you raise in the Golden Ticket needs to make up for the potential revenue you might sacrifice on that Live Auction Item.

Get the most charismatic and sales savvy volunteers you can and sell those tickets out STAT

This game can only be truly successful when you completely sell out your tickets. These volunteers should be fun, extroverted and feel comfortable chatting with strangers and know how to clearly communicate the message. I’m sure you can think of a few volunteers right now who would be perfect for this job. They will feel honored when you let them know they were the first person you thought of for this role!

EXPERT TIP:

If there is a trip or dinner experience for multiple people (say 6-8) on your auction lineup, have your volunteers go up to groups of people that are clearly friendly and have them each buy a ticket to increase their chances. “Hey, you should ALL buy one or two and then if one of you wins you can still all go to Mexico! Do it! How fun would that be?!” I have seen tables of friends go absolutely WILD when they win a trip with their besties!

Pull the Golden Ticket Winner right before the Live Auction

Bring the raffle tickets up to the stage and have the auctioneer (or whoever you want) pull the winner. Your auctioneer will remind the audience,

“I am about to pull our Golden Ticket winner. The winner will get the choice select any of the Live Auction Items we have tonight or donate it back to be bid on in the auction. Now let’s see who our lucky winner is…..Which item are you going to claim tonight?”

I like to give the choice to give it back BEFORE selecting the winner because it is off putting and a shame strategy to put a donor on the spot after you’ve called their name. Remember, every part of your event is about nurturing donor relationships because that is going to make you more profitable in the long run.

Remove the item from the live auction

When they announce their selection, congratulate them cheerfully and have your AV team remove it from the slide show or have the auctioneer skip it during the live auction, acknowledging the winner and thanking everyone who participated in the Golden Ticket Raffle.

Are you going to try it?

This game is a fun way to get more revenue out of your live auction items! It’s exclusive and a great way for donors who may not be able to afford bidding on the Live Auction, but have their eyes on certain items. They get a fighting chance as 1 of 50 people for only $100 instead of dropping a couple thousand on what it would actually sell for in the auction.

Comment below if you’ve tried this or have any questions.

I’m always happy to give feedback to make sure your event is a success!

3 Ways to get Wine and Alcohol Donated for Auction Items and Fundraising Games

One of the most important questions to ask yourselves about auction items is, “Does this item have broad appeal?” Meaning, is this something a lot of people like and would be willing to bid on? If there is one thing that you can guarantee a lot of people could bid on it is….(drumroll please)… alcohol.

There are several different auction packages you can compile around a theme of wine, beer and/or spirits. To see some ideas, check out this post on Alcohol-related auction items or grab my FREE AUCTION ITEM GUIDE below:

Once you brainstorm a bunch of items that you know will get your guests’ hands high in the air, the question remains…

How do you get wine, beer and other forms of alcohol donated to use at a nonprofit auction or for fundraising games?

When I go to events, I see the three different types of donors of wine/beer/alcohol items.

1. Ask a local, privately owned, Liquor Store to sponsor your auction item or game.

   What do I mean by this? Say you are doing a Wine Pull and need 50 bottles of wine. You can pitch this to local liquor store owners and ask if they would be interested in Sponsoring it. You could even name the game after them: “Anderson Liquor’s Wine Pull.”
   How does this benefit the liquor store? The same way any sponsorship (either cash or in-kind) benefits a person or company. They get name recognition and advertising at the event. Asking them to sponsor a game is especially appealing because they are typically in a prime area at the event and get a lot of attention. They should also be listed in all other places that sponsors are listed.

2. Ask the board to come together and donate

   Alcohol-related items are commonly donated by the board. Things like the “Wall of Wine” or “Wheelbarrow of Booze” that are compiled of several different types of wine, beer and spirits can be pulled together by several different people. Ask the board to contribute one to two bottles of their choice (remind them they need not be stingy 😉). This is a great way to easily collect a wonderful collection that can be used in auction items or for a game like a Wine Pull or Whiskey Pull.

3. Reach out to restaurants, breweries, wineries and distilleries in your community.

   Similar to reaching out to a liquor store, the local restaurants, breweries, wineries and distilleries in your community can gain name recognition, advertising and good will with your guests through sponsoring your event by providing beer, wine or spirits. This is a great option if you have a venue that allows you to bring in your own alcohol at the event because they could even sponsor the bar.

   Could they sponsor the bar, or offer up one case/keg to sell at the event?

   I went to an event recently and a local brewery was willing to donate a keg of a crowd favorite beer. At the event, the organization let everyone know that if they selected that specific beer 100% of the proceeds could go back to the organization. So instead of paying $8 to the venue, they were racking up $8 donations one after another.

   Could they donate an alcohol-related experience?

   Could they host a tasting or a tour? Could their craft bar tender put on an exclusive cocktail class for 12? If they can add some food to this, even better! This is a great LIVE AUCTION item!

   Could they put together a basket or donate a gift card to the silent auction?

   I go to a lot of silent auctions… A LOT of them and since my husband loves craft beer, I keep a close watch on the brewery donated items. It will usually be a couple 6-packs, a brewery gift card and some swag (sweatshirts or coozies or anything with the name on it) and even in the silent auction these items go well above retail value because of their broad appeal. It’s a great, low cost way for the breweries, wineries or distilleries to give back and be involved in their community.

Give these a try and watch those donations come in. Keep coming back for more ideas on auction items, fundraising ideas and how to get donations.

How many live auction items should you have at your fundraising auction?

Today, I want to focus on something easy. I am often asked how many live auction items you should have in your live auction. 

In the past, auctioneers recommended having 8-12 auction items, but over the past couple years the intrigue of the live auction has faded and with the rise of the Fund-A-Need, it has become the primary source of revenue for most of my clients. This means that the live auction is evolving and becoming a source of momentum that leads up to the giving moment. How many auction items is perfect for building momentum and raising lots of money?

The number of Live Auction items I recommend having in your Live Auction:

4-6

Why? 

Because your guests don't have the attention span for any more than that.  

I have found that after 6 items, you begin to lose your audience's attention. You may engage the few people interested in those last items on your list, but other than that your guests are tapped out. 

Why this is important? 

For most of my clients, the Fund-A-Need is conducted after the live auction. And you want everything in your program to support your Fund-A-Need. Sometimes it is even more profitable to have the Fund-A-Need before the Live Auction, which is a topic for another day. For today, I want to focus on how the live auction can build momentum up to the Fund-A-Need.

What's the big deal about the fund-a-need? 

The fund-a-need is where most of my clients bring in the majority of their revenue. It is when they can involve everyone in the audience and welcome them to join in on the incredible work their organization does. If you want to learn more about that, please watch my videos from last week and the week before to get a very thorough overview of how to have a profitable fund-a-need.  

You actually lose money by having too many live auction items

You do not want the live auction to run too long because it will only engage a small percentage of your audience, and the rest of your crowd will eventually tune out and you will have lost their attention for the Fund-A-Need where they are mostly likely to give.

While I make sure my live auctions are fun and exciting and that everyone is in on the fun by making jokes and playing with the audience, after a while it becomes a lot of the same. You do not want your auctioneer to take away from the work your organization does.  

By including 4-6 live auction items in your program you will: 

Cultivate Competative Bidding

By having fewer items in your live auction (this is actually true of your silent auction too), the few items you have will go for more than they would have if you had more items in play. I have many clients who cut their live auctions in half and made the same amount of revenue (if not more) in the live auction and made even more in the Fund-A-Need. 

Create Momentum

This is a stop while you are ahead mentality. The live auction is fun and exciting and I get everyone laughing and playing along. You want to stop at the height of your energy and conduct the fundraising appeal or Fund-A-Need. People become swept up in the energy and are ready to give at this time. 

Build Trust

This is probably the strongest argument for having the live auction before the Fund-A-Need (again, you do not have to do it this way). As the auctioneer, I am an outsider. Your audience does not know me, and therefore they don't trust me. I have no credibility with them at the beginning of an event and therefore no authority to ask them to give money. After about four or five live auction items, we've gotten to know each other pretty well. I approach every auction with authenticity and quickly build a rapport with my audience. This means when it is time to do the ask, they trust and respect me and are more comfortable opening up their pocketbooks when I tell them to. 

Market your Live Auction Items before the Event

You have spent so much time and energy getting ready for your BIG fundraising gala. You’ve secured some kickass items that you think people will really LOVE, now you just cross your fingers and hope they bid (or expect your auctioneer to work some voodoo magic on them to make their hands go in the air). Here’s the deal, sometimes people spend the big bucks without any planning or forethought, however I can guarantee you that you’ll make so much more money on your live auction if you Market the items before the event happens.

Just think of the last major purchase you made. Maybe it was a car or a vacation. You likely did not do it on a whim (if you did, we could probably be best friends). No, you thought long and hard about what you wanted and how much you were willing to spend on it. Your gala guests and donors are no different.

You must absolutely market your Live Auction items before the event. 

This may be obvious to some of you, but you'd be surprised how many events I've shown up at where the guests had no idea what was on the Live Auction that night. 

Start Soliciting your items early

One reason most organizations don't market their items is because until the last minute, they have no idea what they are. As soon as you think about planning your event and setting a date, start talking about live auction items. Brainstorm them with your team and take action on pursuing the items. 

Get firm commitments and all the details from your item donors ASAP

As soon as you think you have an item. Close the deal. As soon as you have the firm (hopefully written) commitment from the donor, get all of the details including pictures, dates, etc so you can start an item write up early on in the event planning process. The more you know ahead of time, the more effectively you'll be able to market your items during the planning process. 

Feature the items in the Save-The-Date

Because we are focusing on spectacular items that are exclusive and offer a broad appeal (see my video from Monday if you aren't sure what I'm talking about), you are going to want to tease your guests with these items from the moment they think about the event. This will help them to prepare accordingly. If they are already thinking about taking a trip in the next year, they can plan to bid on the trip in your auction.

Help them remember the items are 100% for a good cause

I welcome you to use tag lines like: 

"A trip that's for the kids, except you don't have to bring your own." 

"A dinner experience that feels as good as it tastes." 

Ths is a playful way to remind them that while they are getting amazing items, they are also supporting your organization. It's more than a large purchase. 

Share the items in your email and social media communications leading up to the event

The two weeks or so before the event, send out emails and social media posts featuring the items. You want your bidders to be thinking about these as they plan the budget for the evening. Whether you like it or not, everyone comes to your event with a budget in mind, but you can help them determine whether they will spend their $5,000 at your event or at the one the following night, by letting them know what you have to offer.

If you are sending things via social media, share it multiple times because everything moves so fast online and you don't want anyone to miss it. 

Feature them online through your mobile bidding website

Even though bidding is not available online for the live auction items, you should still list it on your mobile bidding website. Most companies allow you to have items that aren't open, but you can list a picture, description and all the nitty gritty details for your guests to view before they arrive. 

Some organizations mail out programs in advance. This can get expensive because most people forget to bring the program to your event, so you have to print twice as many. This is a great alternative.  

Keep marketing them the night of the event

Most of you know to have a clearly marked display of the live auction items where everyone can view them. While this is so necessary it still doesn't give people all the time they need to read all the details they need to make an informed decision. All of the items should be listed and described with all the details in the program as well. 

Get creative

I recommend printing the live auction items and putting them on the doors of the bathroom stalls and by the line at the bar. This is a perfect place where you have a captive audience to view the items.

Why this is so important: 

You want your guests to come to your event with the decision to bid so that you can leave it up to your auctioneer to get them to give beyond their budget.  

It is much more impactful to get more money out of a guest who already decided they wanted the item. They've been thinking about it for weeks and will be disappointed if they don't win it. Compare this to springing live auction items on your guests and expecting them to drop $1,000 let alone $10,000+ without any prior thought.  

Get those live auction items out there before the event, so that your guests come to the event ready and excited to bid. 

2 questions to ask before you put an item on the Live Auction

I want to introduce the 2 questions you need to ask before you place an item on the live auction.

Hopefully you have gone through my posts from last week featuring how many Live Auction Items you should have, the 5 live auction items you should look for and mission-centered live auction items. Now, once you have identified items that would be great options for the live auction, there are 2 questions I want you to ask yourself:

1. Is this item exclusive?

Meaning could your guests get this item anywhere else?  

This is honestly one of the biggest issues I see with selling vacations on the Live Auction. Most vacation packages offered are nothing special. With the internet, most people can easily curate their own dream vacations for way less money than the "estimated value" of the trips on the auction. 

Make sure the items on your live auction have a sense of exlusivity because that will encourage quick and competative bidding. They need to know that they have to raise their hand to bid or they will actually miss out on this item.  This is why meal experiences tend to be some of the highest selling items.

If you are worrying about having the right connections to obtain "exlusive" live auction items, refer to my post on mission-centered Live Auction items to find some inspiration. I passionately believe that most "exlusive" items are the ones that will cost you nothing to obtain. I'll get into my beef with consignment live auction items another day, but just know that I'm not a huge supporter.

2. Does this item have a broad appeal? 

Does this item interest many people in your audience?  

Technically, you only need 2 people in your audience interested in your items to make it an auction, but the more you have the faster and higher those bids go up.  

This is important for a couple reasons

It creates competitive bidding

The more people that the item appeals to, the more people will bid. It's as easy as that. Supply and demand.  

It keeps more people engaged

If you have been following me for a while, you know how I love to use the live auction to build momentum up to the Fund-A-Need, and if you can curate a live auction lineup that appeals to as many people as possible in your audience, the more effective you will be at engaging your guests and building that momentum.

When the answer is "yes" 

If you create a live auction lineup that is both exclusive and has a broad appeal, you will see record breaking numbers in your live auction. This is a simple but effective tool that will increase revenue at your fundraising event.

Mission Centered Auction Items

Today, I am going to cover one of my favorite things to talk about: Mission-centered Live Auction Items.

What is a mission-centered live auction item?

A mission-centered live auction items is an item that you curate through your organization that represents the work you do. 

Why are these items important? 

Integrating Mission-Centered items into your live auction, creates momentum around the work you do. The live auction can get a little off track from your mission. As an auctioneer, I have phrases and tools to remind people about the purpose of the night, but I have yet to find a tool as powerful as adding in one or two (or 5) mission-centered items into the live auction.

Also, if you've build meaningful connections with many of the guests in your room, they are interested in the work that you do and these items have a broad appeal, meaning that there are a lot of people in your audience who will likely be willing to bid on them. This bids the price up, raising you a lot of money.

This is a great opportunity for you to show off some lesser known areas of your organization. I know that you have so many different programs going on within your organization, but your guests may not know that. This is an opportunity to talk them up and support them in a festive way.

BONUS: Usually these items cost you absolutely nothing to pull together, but they tend to cultivate competitive bidding and raise a ton of money.

Here are some examples of Mission-Centered items I've sold:

VIP High School Theater Experience

I loved this one! This was for a local high school. We were doing an auction for their performing arts programs and only had 4 live auction items, so they needed to ensure they picked items that would sell competitively. For this item they sold:

• 2 Front row tickets to their annual HIGH SCHOOL musical

• They provided valet parking

• They recruited a well loved local restaurant to not only donate a dinner, but also provide them with a reservation so they could make the show on time. This may not seem like a big deal, but to this community it was a HUGE gesture because this restaurant is a neighborhood favorite and NEVER takes reservations.

This was such a fun one to sell. It cost the school $14 total (the opportunity cost of 2 tickets), but raised a whopping $2,100! Every single person in the crowd was there to support the high school's performing arts program, so it started off with a lot of competitive bidding due to it's broad appeal. Then it was able to sell high for it's exclusive experiences, including valet parking (important at a school where there is primarily limited street parking available) and the dinner reservation.

Sponsor a refugee business idea

I work with an international refugee relief organization who ran with the idea to have an entirely mission-centered live auction (which paid off so well), but I am just going to share one of their items. 

They work with a refugee camp and one of their ideas to improve the lives of the refugees was to ask the youth/young adults to share an idea that would serve the people around them. They received 800 ideas from young adults in this camp alone, flooding them with ideas for businesses and ways to bring joy to the people in their communities. For their auction, they selected 3 ideas and gave their guests the opportunity to sponsor them.

• One person wanted to start a poultry farm so they could provide a larger variety of food and train others to make a living off raising live stock

• Another person wanted to open a salon where they could train other young adults to make a living as a stylist and then go forward and provide a service to the people in the camp that will make them feel beautiful

• The last idea was a language center so young adults could come together and teach each other their languages so that they could have the best opportunities for success

Each of these ideas were going to cost between $500-$800 to fund and make happen, so the organization was hoping to see them sell for $1,000 a piece. I sold this "auction chicken" style where I had everyone stand up and bid $0, then raised it to $25, $50, $100, $200 up to $1,000 where there were still about 30 people standing in the room. We kept going until there were only 3 people standing. Each opportunity selling for $5,000. We raised $15,000 in 5 minutes without a physical item. It was all about helping these young adults make their community a more joyful and beautiful place.

Private Facility Tour

I've mentioned before my work with The Wildcat Sanctuary. I like to reference them because put on a very mission-centered gala that has so much energy and support for the work they do. Their facility is not open to the public because that is what they believe is best for the animals they rescue, so at their auction they had several different items revolving around a private tour of the facility and their opportunity to see the cats up close

One of the opportunities was to tour their sanctuary in the winter when it is covered in a gorgeous blanket of snow and enjoy a beautiful dinner with a couple friends. Then you would get to watch one of their White Tigers paint a picture with their beautiful paws which the winner would get to keep.

I believe this item sold for $1,600, but then they offered two more opportunities, which trippled their revenue on this item to $4,800. Nearly $5,000 for an item that cost them close to nothing to offer! 

This is why I am so passionate about these items!

You do such amazing work and when I work with my clients, I just want to scream their efforts from the mountain tops, or in my case, the stage. These items give me this opportunity! You would be surprised how generous your guests can be. They want to know their donation is making a difference and this is the perfect way to provide them that opportunity.

How to come up with mission-centered items?

Visit this post and as you go through each question, ask yourself "how can I find an experience within my organization that fits in this category?" This will help you brainstorm so many items. 

The 5 Items You Need on Your Live Auction

It's important that your Live Auction has variety

If your live auction is all trips, they will not sell well. If you have 6 trips, it is unlikely there are 7-12 people in that audience who want them enough to bid them up. It's basic supply and demand. Not to mention it gets super boring for everyone involved

Here are the 5 items you should include in your live auction (in order of importance) 

1. Unique Experience

This is something they can't get anywhere else. This is super important for any crowd, but especially if you are hosting an auction for millennials because research shows (and in my experience), they are more likely to bid on an experience than on a physical item. The great part of this is that most of the experiences you can offer, require creativity and not money to produce. A couple examples that I have sold are: 

Sleepover/Lock-in at the Children's Museum. Opportunity to conduct the professional Orchestra. Unlimited access to 30+ collector cars for an entire summer. A tour of Jay Leno's private garage. Tour of a Private Wildcat Sanctuary. The opportunity to fund a refugee business. Beekeeper for a day.

2. Dining Experience

These sell so so well! People love great dining experiences. Usually the actual retail value of these are under a thousand, but they usually sell for several thousand dollars. 

You can approach this several ways. 

A Chef dinner in-restaurant experience. This is really amazing if you have a new and hot restaurant that has been getting rave reviews and reservations are hard to come by. A Chef dinner for 8-12 with wine pairings. This should a special menu created for this experience, interactions with the chef and be a very special experience. I have sold several where the guests would be in the kitchen or the wine cellar for the meal. This is a several thousand dollar item

Dinner in a prominent person's home. This experience would be if your founder or a public figure wanted to host a dinner party in their home. They could cook themselves or bring in a chef of some sort to their home. Guests love getting quality time with people who are usually quite hard to get an audience with.  

Dinner Party in the winner's home with a personal chef. This is where a chef (professional or a passionate amateur) would come to the winners home with all the food and prepare a meal for 8-12, including adult beverages, and then they would clean up. I have seen this go for thousands of dollars at small events where a teacher or board member is the chef for the night. It doesn't need to be a professional. It just needs to be a likable personality who can cook a good meal.

3. Trip

This could be a local trip or a fabulous dream destination. Either way, people love a get-a-way. Truth be told, local trips have been selling much better over the past couple of years. I'm based in Minneapolis and it is not uncommon for a cabin on the North Shore for a weekend to sell for more than a week long trip at a luxury villa in Mexico. 

Donated airfare is hard to come by these days, so don't let that hold you back from putting up a great trip. In my experience, the airfare doesn't bring much more revenue to an item, so go ahead and sell the trip without airfare.

My only rules for selling trips:

Must have open availability or at least flexible availability. Meaning, it is available for more than just one week out of the year. 

No Time Shares.  This falls in the same spirit as the first rule, but also they are just a pain in the neck to coordinate. No one wants to buy your timeshare. It's not a good donation. Just don't do it.

4. Sports Experience

This could be a wide variety of things. Great seats to a highly anticipated game. Meet and greet with players. If you received a ton of random sports tickets, you could package them all together in a "Year of Minnesota Sports" package. If you have signed items, make sure they are from athletes people care about. Michael Phelps signed photo = Great! A B-String Athlete who no one has ever heard of = Bad.

5. Alcohol Experience

This usually hits a broad appeal. This can also tie in with the meal experience. Brewing or winemaking experiences are fun. I've also sold many "Walls of Wine" where the board members and liquor stores all come together and donate a bottle of wine and you can sell it as a collection to the winning bidder. It offers a broad appeal which makes this a good item to start or end the Live Auction with.

DISCLAIMER: If your organization has any affiliation with addiction or you are a religious organization that does not condone alcohol consumption, this item is NOT for your group. There are so many more amazing items you can add to your live auction to ensure it is varied and engaging without including an alcohol-related item.

What do you think?

How does your current Live Auction line up compare? 

I hope this gets your juices flowing so that you can be ready for brainstorming some great ideas for your event!

Biggest Fundraising Auction Trend of 2016

What is the biggest trend?

The biggest trend I've encouraged this year has been (drumroll please)...

Fewer live auction items.

What's happening?

For years I've been consulting my clients that that the sweet spot for number of items in a live auction has been 6-12. Usually organizations have fallen closer to 10-12 items, but this year I've changed my tune. While up to 12 live auction items may have been beneficial for raising money in the past, now the donor climate is changing.  

Over the past several years, we've seen a rise in the success of conducting a Fund-A-Need at each event. The Fund-A-Need is a sort of live crowdfunding where everyone in the room gets the opportunity to make a difference by giving what they can. Usually (not always) the Fund-A-Need happens after the Live Auction. While Live Auctions can be fun, if they run too long, they get old and you lose donors' attention. The handful of bidders interested in the items will stay engaged, but the other 95% of the potential donors in the room will be distracted and become mentally "over it." 

While you are gaining a couple thousand extra dollars by adding additional live auction items, you are sacrificing potentially tens of thousands of dollars in the fund-a-need.  This is one of those cases where time is money, almost literally.

In a time where crowdfunding is wildly popular and effective, especially with the ever growing millennial donors, it is important to do everything in our power to engage the majority of donors when conducting the Fund-A-Need.

What is the right number of items? 

This year I have been encouraging my clients to stick with 4-6 items in their live auction. This is the perfect amount to get the audience's attention and raise some big bucks with out it going too long and loosing the attention of donors who aren't bidding but could be potential Fund-A-Need donors.

My clients have seen tremendous success with cutting their number of live auction items in half. Even with only half of the live auction items, this spring has been full of record-breaking events. Fewer items means they become more competitive so the items that ARE in the live auction tend to bring in more revenue than they would have otherwise. Plus donors are still fully mentally engaged during the Fund-A-Need which means more people participate. More participating donors means more revenue for your organization. 

If you'd like to learn how to make more money at your next fundraising event, contact me via the form in my sidebar ->