A Silent Auction Fundraiser For Big Money

A silent auction fundraiser is a great way to make money, because it requires the help and donations of many people. You get donations of old or new things that you put on display all at once. Once this is set up, you put a numbered piece of paper with a starting price so people can put their contact info and the amount they're willing to pay for it. At the end of the fundraiser, you collect that last numbered offer.

A typical auction shows you items one at a time in order to bid the amount you're willing to pay for it, which is also a great way to make money, but it takes time and patience. A silent auction allows people to look at everything at the same time and if they want something badly enough, they'll wait to make the highest bid and you'll make a great profit.

You can usually find these types of silent auctions in places where fundraisers are needed. This could be a church or school. With the help of parents and people with many things they contribute, these provide you with a number of resources to start with. Most want to donate to a worthy cause and an organization they are familiar with is a personal investment.

There is no limit to what can be auctioned off. Think of it like a big garage sale, only people have the ability to get what they want if they are willing to spend enough. You could include something large like an old bicycle to something smaller like a jump rope or even different kinds of jewelry.

Since the goal of your fundraiser is to raise enough money for your cause, it's important to be organized. You'll want to give people enough time to donate items. The more items there are, the more money is possible. Then you'll need to get everything together, figure out starting out prices to make sure you'll raise at least the minimum needed and set them out on display.

Be sure your setup is friendly and eye-catching. Try to put items together that might be similar. If you have clothing, you might want to try putting a few things together as an eye-catching outfit so that more money is spent on the idea, rather than the item. Another idea would be to package kitchen items together in a way that would make a great gift as well.

Being able to get a fundraiser together without having to spend a lot of money is best for any organization. Donations of items and help is necessary to be successful enough to raise enough money for your silent auction fundraiser. The more you have, the more successful you'll be.

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