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How many items should be included in a live auction?

Posted by Summy Lau on Aug 1, 2017 7:50:00 AM

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"Dear Winspire, How many items should we put in the live auction portion of our fundraising gala? We usually have around 125 guests. Last year, we auctioned off 17 items and the coordinator said it was way too many – that people lost interest by the end. Do you have any suggestions before Monday's auction meeting?" - Nancy B., Indiana

This is one of the most common questions we get: What's the right number of live auction items? Too few, and you've left money on the table. Too many, and you risk losing the crowd's focus.

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Topics: auction-procurement, event-production, live auction

Beginner's Guide to Live Auction PowerPoint Slides [FREE Templates]

Posted by Summy Lau on Jul 27, 2017 8:51:11 AM

10 Tips to Use PowerPoint in Your Live Auction

If you've ever hosted a charity auction in the past, you know how important it is to create a lavish shopping experience for your donors. Bright visuals and sleek displays are essential, and nowhere is this more true than the fundraising highlight of the night: the live auction.

Why not use PowerPoint slides to put every item's "best foot forward"?

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Topics: event-production, fundraising templates

The 6 Most Important Event Chairs to Recruit for Your Fundraising Auction

Posted by Summy Lau on Jul 26, 2017 7:50:00 AM

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When it comes to hosting a successful fundraising auction, few can do it alone. You'll need several passionate, organized committee chairs with a laser-sharp focus on specific aspects of your event.

What are the most essential event chair roles and responsibilities? And how can you find the right person for each job?

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Topics: event-production, auction committee, fundraising event, benefit auctioneer

Is a Benefit Race or Fun Run Right for Your Nonprofit?

Posted by Summy Lau on Jul 7, 2017 9:26:38 AM
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Ever considered hosting a 5K, "Fun Run" or Walk for charity?

If you've relied on the same black-tie galas and golf tournaments year after year, putting on a race can be an effective way to raise awareness of your organization, loop in new members of the community, gain event sponsors and more.

Read on for 7 short- and long-term benefits of holding a race. Then, sign up for next week's FREE webinar all about maximizing your Fun Run fundraising results.

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Topics: event-production, fundraising auction, year-end giving campaign, fundraising events

12 Revenue Enhancers Besides Silent Auctions to Try at Your Event

Posted by Summy Lau on Jun 29, 2017 12:27:25 PM

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When it comes to fundraising events, the live auction is almost always the "meat and potatoes" of the night, hauling in an estimated two-thirds of your total revenue.

In addition to the fundraising main course, many events both large and small benefit from employing a variety of revenue enhancers. These are the "appetizers, sides, drinks and dessert" that can translate to tens of thousands of additional dollars for your cause - or at the very least, more fun and participation for all your guests.

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Topics: event-production

When to Include "Buy Now" Prices on Bid Sheets

Posted by Summy Lau on Jun 27, 2017 9:12:42 AM

When to Include "Buy Now" Prices on Auction Bid Sheets

The best silent auction items generate a flurry of back-and-forth bidding until one winner is crowned. Indeed, the competitive nature of bidding is what makes charity auctions such an entertaining fundraiser - and what drives bids higher and higher.

However, what happens to 2nd and 3rd place bidders? When they don't win that coveted Date Night basket or flat-screen TV... those once-pledged dollars often end up walking right out the door at the end of the night.

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Topics: event-production, silent auction bid sheets

6 Tips to Assemble a Procurement Super Team

Posted by Summy Lau on Jun 20, 2017 10:37:08 AM

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Successful charity auctions require high quality auction items. Step one: assembling your procurement team.

Like any legendary group of heroes - think Avengers, X-Men, Fantastic Four and Super Friends - your committee is faced with a seemingly insurmountable task. To succeed, you'll need driven, creative people who demonstrate tenacity and come from all different backgrounds. Most importantly, they must be willing to step up for your cause when it counts.

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Topics: event-production, auction item procurement, fundraising auctions, high quality auction items

4 Easy Steps to 'Feed' Your Auction's Top Spenders

Posted by Summy Lau on Jun 12, 2017 9:29:16 AM

4 Easy Steps to 'Feed' Your Auction's Top Spenders

In last week's post, we discussed a simple yet often overlooked principle of fundraising auctions: analyzing the different spending tiers of bidders at your event.

Today we share 4 practical steps to use this information by customizing your live auction with top tier spenders in mind.

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Topics: event-production, donor cultivation

This Simple Concept Is a Game-Changer for Auction Procurement

Posted by Summy Lau on Jun 6, 2017 9:53:46 AM

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When nonprofits have hosted the same event for years, it's common to reach a plateau.

Wondering how you can break through a slump and once again generate record profits?

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Topics: event-production, live auction

How to "Double Up" on Auction Profits by Selling Multiples

Posted by Summy Lau on May 31, 2017 9:05:52 AM

How to "Double Up" on Auction Profits by Selling Multiples

If you've successfully packed the live auction with unique, valuable items that match your audience, multiple bidders are sure to be clamoring for each and every item.

Do you know how to capitalize on bidding wars to sell one item to multiple bidders?

This essential live auction technique, known as the "Double Up," allows nonprofits of any size or experience level to double, triple or quadruple their profits from a single item.

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Topics: event-production, selling multiples, webinar

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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.