Your destination for insight into the world of event fundraising, charity auctions and no-risk travel packages.
At Winspire, we are constantly developing new auction packages and strategies that empower charitable organizations to raise more for their causes. To that end, we are excited to introduce a new way to offer the best possible no-risk travel packages at your fundraising auction: the Winspire Price Match Guarantee!
You may already know every Winspire Experience is designed to raise the most money possible for nonprofits - after all, we constantly create and update packages based on where donors are traveling now. And because we work with a wide variety of trusted industry partners, we have access to preferred pricing that sends more donor dollars to your cause. What you might not know: In addition to raising money at fundraising events, two Winspire Experiences give back directly to charities.
Today, we are excited to introduce the Winspire Hotel Giveback: an opportunity for you and your donors to travel to some of the most in-demand destinations worldwide, all while supporting your organization. For a limited time, donors can book discounted luxury hotels through Winspire at www.winspireme.com/giveback. Each booking costs significantly less than advertised prices on Expedia or Hotwire. Best of all, 30% of every booking goes to the charity of the traveler's choice.
We have previously discussed the revenue windfall that selling multiples in your live auction can bring. It's no surprise that exclusive, unique live auction packages often generate interest from more than one bidder. If you can successfully capture the second and third-high bidder (or more!) on certain items, you'll quickly raise tens of thousands of dollars more for your cause.
Last month, Northern California's picturesque wine country was hard hit with wildfires. We are happy to say all of our partners are open for business. With fires 100 percent contained, wineries, restaurants and hotels are eager for your winning bidders to return.
Successful silent auctions depend on your ability to procure exciting, high quality items - and few items generate as much buzz as incredible vacations. Today we are excited to unveil our brand-new line of Luxury Properties for 2018-2019 designed specifically for the silent auction tables.
To maximize your live auction revenue, it's important to cater every item to just the top 5 percent of spenders. One bona fide way to "feed" this top tier of spenders: Offer luxury travel in the auction. Did you know the luxury travel sector is growing almost a third faster than the overall travel industry?
In last week's post, "How many items should be included in a live auction?", we concluded that most events use 7 to 12 items. More important than the quantity, however, is the quality. These 7 to 12 items need to be premium, big-ticket packages worth the high bids you seek. What if you run into trouble filling the live auction with high-caliber donations?
You already know travel is a top seller at charity auctions - after all, who doesn't love a vacation? Travel providers like Winspire make it easy for nonprofits to offer turnkey travel packages in their fundraising events at no risk or upfront cost. With over 140 unique trips in our catalog, it can be tough to know which items best fit your audience - and are most likely to ignite bidding wars.
Holding fundraising events has many fringe benefits for nonprofits: a chance to engage donors, promote awareness for your cause and have fun. But the #1 reason we have events? To raise money! The key to raising money is focusing on profits. As demonstrated above, that means netting as much revenue as you can while trimming expenses. On the blog we tend to focus on revenue generation, but today we'll look at one practical way to do both: securing underwriters for big-ticket auction items. Imagine being able to offer a trip to Bermuda in your auction and net 100% of the winning bid. Think your donors would be interested in Caribbean sand & sun right now? Check out today's post for an explanation of the process of underwriting, plus a quick video from benefit auctioneer Danny Hooper explaining how underwriters can help you offer incredible travel packages for free! So...what’s an underwriter? An underwriter is somebody, either a business or an individual, that agrees to pay the cost of a specific item in your event. This might be the catering, auctioneer, centerpieces, auction catalogs and more. The underwriter then becomes the official donor of that expense and receives recognition as such at your event. Any covered cost is a win for your organization, but underwriting a no-risk travel package offers a special opportunity for underwriters to see their investment grow and multiply in minutes, before their eyes. Here's what we mean.
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.