The Best Way for Your Donors to Travel to Cuba

Posted by Summy Lau on Dec 20, 2016 8:05:00 AM

The best way for your donors to travel to Cuba

The most important key to success in auction fundraising events is offering desirable items worth the high bids you seek. One that certainly fits the bill: a bucket-list trip to Havana, Cuba.

From an easing of travel restrictions to the passing of longtime president Fidel Castro, Cuba has dominated the headlines throughout 2016.

Celebrities like Ava Gardner, Frank Sinatra and most famously Ernest Hemingway flocked to the Caribbean nation in the 1950s - but economic embargoes and tourism bans soon made it difficult for the vast majority of Americans to visit the island's beaches, culture and cuisine.

Cuban travel for nonprofitsIn 2016, a series of regulation changes made travel to Cuba much simpler. Today, 10 major airlines (including United, Delta, American and Southwest) are sending a total of 20 flights from the U.S. to Havana daily, eliminating the need to coordinate charter flights or enter through a different country.

In addition to greater accessibility, it's easier than ever to stay connected on the island. Business Insider reports, "Several U.S. mobile carriers have signed voice, text and data-roaming agreements with Etecsa, the Cuban telecommunications provider," plus the number of Wi-fi hotspots continues to grow.

As a result of the changes, the New York Times noted last week that Cuba was in the U.S. top five most searched and booked destinations on Cyber Monday this year. It was also the fastest-growing destination throughout the year, up 153 percent from 2015.

Imagine giving your donors the chance to support your cause while buying an incredible excursion to Cuba.

Although tourism is still prohibited, your winning bidders can still enjoy all Cuba has to offer. Read on to see how Winspire takes care of the details for travelers to ensure their vacation is unforgettable.

Trips for education and culture

Fully guided group tours to Cuba have been permitted for some time. However, as of March 2016, the U.S. government allows citizens to also make “individual people-to-people educational trips”.

To that end, Winspire put together our signature Havana Highlights Experience. The itinerary meets the criteria of education, as winning bidders are introduced to the culture of Cuba through guided visits to Havana's most popular destinations. They'll also have plenty of free time to explore on their own and customize their trip—the best of both worlds.

Check out just a few of the guided excursions your donors will enjoy.

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Topics: auction-items, unique-experiences, travel-experiences, auction packages

4 Auction Travel Package Ideas for Enhancing Your Next Event

Posted by Ian Lauth on Jan 13, 2015 10:03:00 AM

1.13.15_4-ways-to-use-auction-travel-packages

Procuring auction travel packages to match your audience's interests and hobbies is a crucial part of creating a successful fundraising event. But what if your audience of donors has a wide range of interests? This can make it a challenge to pick which travel package to include in your live auction.

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Topics: event-production, auction trips, auction packages, auction travel packages

Amplify Event Revenue by Selling Auction Packages Multiple Times

Posted by Ian Lauth on Jun 27, 2014 10:00:00 AM

Charity Auction Packages

One of the most advantageous parts of using consignment items in a charity auction is the ability to sell them to more than one bidder. This simple strategy, when utilized correctly, can quickly amplify the amount your organization makes on a single auction item.

 At Nonprofit auction events, friendly bidding wars among guests result in more money raised for charity. Plus, everyone likes to be part of an active auction. When bidders compete over a single item, however, that usually only means one winner per item. With certain consignment items, such as auction travel packages, it can be a different story completely. Instead of only selling to the highest bidder, you can sell a single item multiple times and double, triple or even quadruple the amount you raise from the auction.

Consider the following example:
A travel auction package has a Nonprofit cost of $2,200 with a target sale price of $2,6400 (20% over cost)...

Nonprofit Travel Packages

The top three bidders submit bids at $3,300, $3,400 and $3,500. If you sell the package to the top bidder, you net $1,300 - which is great! But if you reduce the price to $3,300 (the lowest of the top three bids) and sell it to all three top bidders, you will net $3,300 - almost tripling the amount raised on a single package!

So how can your Nonprofit set the stage for successfully selling auction trip packages multiple times during a fundraising auction? Consider these tips:

1. Find the right consignment company

Work with a reputable consignment company that offers clients the ability to sell auction packages more than once. Every Winspire Experience, for example, can be sold to more than one bidder, often with no limit. 

2. Know and understand the reserve price

A reserve price is a hidden minimum price—essentially, the lowest price you're willing to accept for an auction item. Big-ticket consignment packages come with a base price for Nonprofits. This is what it costs the charity to claim the prize. Understanding this cost and setting the appropriate reserve price at the auction will help ensure you price the package accordingly to encourage bidding and maximize your profit. We usually recommend setting a reserve of 20% or more over the Nonprofit cost.

3. Keep it a secret

Don’t tell your guests that more than one auction package is available, because you want bidders to drive the price up. Instead, wait until the end when the winner is determined and then ask the next top bidders if they would also be interested in the package at the last price bid.

Here's how it's done...

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Topics: fundraising, auction packages, selling multiples

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Meet Winston & Winnie, the Winspire Twins

Winston & Winnie love to help Nonprofits raise money for amazing causes. They also love to travel and have a bucket list of amazing Experiences they are determined to complete in their lifetime. Winspire News is the result of this shared passion, offering fundraising advice, industry news and insight into charity fundraising with travel.