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To run a silent auction, you’ll need to plan many logistics, such as how guests will bid on items, what items you’re procuring, and how you’ll process donations. In addition to your fundraising tools, in-person venue, and auction entertainment, you must consider the price of procuring items and paying staff. Procure auction items.
The difference is with a 50/50 raffle, you can skip the prize procurement process. For example, if you sold 1,000 tickets at $5 each ($5,000 jackpot), your organization retains half of the proceeds ($2,500) and the winner takes home the other half ($2,500). Our software can be applied to other types of raffles or a silent auction.
You will often need volunteers to help with event planning, procuring auction items , and helping run your event. This can help nurture your volunteers and retain them. Invest in Auction Software Auctions make a great addition to your nonprofit events and can boost fundraising to the next level.
You will often need volunteers to help with event planning, procuring auction items , and helping run your event. This can help nurture your volunteers and retain them. Invest in Auction Software Auctions make a great addition to your nonprofit events and can boost fundraising to the next level.
For example, if you sold 1,000 tickets at $5 each ($5,000 jackpot), your organization retains half of the proceeds ($2,500) and the winner takes home the other half ($2,500). Since you’re not having to handle physical tickets or procure a prize, you can allocate this time on marketing! A 50/50 raffle works just like any other raffle.
To run a silent auction , you’ll need to plan many logistical pieces and discuss different considerations, such as how guests will bid on items, what the items you’re procuring are, and how you’ll process donations. Procure auction items. One of the best (and easiest) ways to retain new donors is to simply follow up after the campaign.
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