12 Questions You're Asking about Consignment Travel, Answered

Posted by Summy Lau on Mar 31, 2016 7:00:00 AM

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Including no-risk travel in fundraising galas, auctions and raffles is an increasingly popular strategy for nonprofits. Whether you are considering using consignment travel packages for the first time or have been leveraging Winspire Experiences for years, chances are you still have a question or two about how best to use this fundraising tool.

Below are a dozen real-life questions we've recently received from nonprofit professionals and volunteers just like you. See what other auction organizers are wondering about fundraising, consignment travel, Winspire and more.

Procurement

Q: What type of trip sells better: international or domestic? - Kimberly

A: Our most popular Experiences are actually domestic: New Orleans, Napa Valley, New York. However, when international trips do sell, they sell really well.

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Topics: Winspire Question, travel-experiences, auction travel packages, consignment travel, nonprofit survey

Consignment Travel Is for Suckers: Letter from a Skeptic

Posted by Summy Lau on Mar 29, 2016 9:39:19 AM

consignment travel packagesDear Winspire,

Thank you for calling me last week to discuss the use of consignment travel packages in our upcoming live and silent auctions. As much as I enjoyed chatting with you, I wanted to further explain why I passed on your services.

If I remember correctly, the whole process works like this: Nonprofits can reserve an item on consignment to include in their upcoming auction with no upfront cost. If it sells, they purchase the item using a portion of the proceeds, and the remaining difference is their profit. If the item doesn’t sell, they aren't obligated to purchase anything, hence the term "no-risk travel".

This sounds great and all, but in my experience, if something seems too good to be true, it probably is. Here are six reasons I'm probably not going to use your services:

1. Consignment is for suckers.

Winspire, in case you haven't heard, ‘consignment’ is kind of a dirty word for nonprofits.

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Topics: travel-experiences, consignment travel

Top 5 Reasons Nonprofits Steer Clear of Consignment Travel

Posted by Summy Lau on Mar 17, 2016 9:44:43 AM

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When it comes to procuring auction items, we always encourage nonprofits to think outside the box. After all, your donors are sophisticated philanthropists who attend multiple fundraisers each year, and unique items like travel Experiences keep your event fresh, relevant and interesting.

The catch: these items are among the most challenging to get donated.

Consignment travel packages help bridge the gap between travel's popularity and its difficulty to procure. So why do some organizations hesitate to use it?

Here are the top 5 reasons nonprofits choose not to use consignment travel packages in their charity auctions.

1. "We're looking to raise money, not spend it."

Imagine you've just walked into a store when you hear an announcement: You're the lucky 1000th customer to walk through the doors, and you've won a thousand dollars!

Would you accept the money?

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Topics: travel-experiences, auction item procurement, consignment travel

4 Reasons You May Be Skeptical of Consignment Travel Packages

Posted by Ian Lauth on Apr 9, 2015 11:31:00 AM

Why you should use consignment travel packages in your fundraiser auction

Successful charity galas rely on strong auctions. At most auction events there are the usual suspects – gift baskets, hair removal services (..ew), and dinner at a fine restaurant in town. Unique travel experiences, on the other hand, continue to be one of the most-anticipated and best-selling auction items in the industry.

However, while offering unique excursions is important to an event’s overall profitability, charities are sometimes hesitant to partner with a consignment travel company. Explore these four common concerns about using consignment travel to better understand how this service can benefit your charity:

1. The trips seem too expensive for our donors.  

Underestimating your donors’ spending capabilities is one of the quickest ways to dampen your auction results. Big donors are sophisticated buyers who come to your event with a spending budget in mind.

We hear this repeatedly from the thousands of winning bidders who redeem Winspire Experiences every year. In fact, we survey each of them when they return from their trip – primarily to gather feedback about their experience - but also to learn more about event fundraising dynamics from their perspective. 

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Our surveys show that 76% of donors attend at least four charity events annually, and 42% of the winning bidders budget at least $10,000 each year for vacation travel. These are savvy auction veterans!

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Topics: fundraising, consignment travel, consignment

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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.