Two weeks ago while interviewing Lori Jacobwith about storytelling (Awesome call, by the way. Use all of her tips in planning your next Fund a Need), I asked her if there was a "right" number of stories to include in a fundraising event. Lori had a solid answer -- five. She explained what each story should do and who should tell it. (You can get details in our free call.) I commented that I often get a similar question -- "How many items should we sell in our live auction?" or "What's the ... Read On >
Statistics
[VIDEO] Where to start your opening bids in the live auction
Every year I'll be asked by a few auction chairs, "Sherry, let's review the opening bids on these live auction items. Where shall we start them?" In this video and the post that follows it, I've addressed why you shouldn't care about opening bids. Here's a conversation I'll have with some clients each year: "Sherry, this item is worth $2500. Where are you going to start the bidding?" "Start?" I'll counter, "It doesn’t matter where I start the bidding. It matters where I finish ... Read On >
Catchy video on the size of the nonprofit sector
Although this catchy video isn’t specific to charity auctions, it is specific to the nonprofit sector. As gala auctions are part of that industry, I wanted to include it here. I think that anyone working in the nonprofit industry will be fascinated with this information. As I watched the video with an eye-towards-auctions, here are some of the facts that grabbed my attention: 83% of donations are made by individuals. No doubt some of those individuals were auction guests who bought a ... Read On >