I like to be prepared for my fundraising auctions, as I know it matters in different ways to the donor, the nonprofit, and the guests. In this video, I share a recent example of how the printed description of a donation (a vertical of Far Niente wine) didn't seem to match the label of the wine. The last thing I wanted to do was screw up the description of the 5-bottle donation. It's pricey stuff -- and the donation even included a unicorn 2016 vintage. Furthermore, about 300 C-level ... Read On >
live auction
The bidder in your ballroom: The 9 archetypes of live auction bidders
Since starting my company 15+ years ago, I’ve observed several types of bidders. Here's the archetypes of the guests I see bidding in your live auction. You'll learn how to identify each archetype and better understand their motivations from this video. I’ve no doubt you’ll immediately recognize some of your donors from among these descriptions. Archetype: Buyers Archetype: IITWI (“In it to win it”) Archetype: Sympathizer Archetype: Starter Archetype: Helper ... Read On >
My prediction: This COVID19-style donation is here to stay
This past weekend I worked two galas -- one was a 2-screen solution for a school, and the other was a Zoom meeting-style gala for a conservation nonprofit. The nonprofit had some star power. Two of the attendees are legitimate Hollywood celebrities whom many would recognize if not by name, then by face. They and some of their celebrity friends donated virtual activities to the auction. These items raised several thousand dollars for the nonprofit. But I have to admit - it was a little ... Read On >
2019 Benefit Auction Statistics: How does your event rate?
Generally speaking, I'm not a fan of comparing the numbers of your benefit auction to other events. Results vary by region, guest capacity, the cause, the type of event, and other factors. Furthermore, unless you are able to see all of the data and how a charity is tracking its results, numbers can be misleading. Highly misleading. But on the other hand, many Auction Chairs are curious. They like auction statistics because they learn what others charge for tickets, for instance. Or how ... Read On >
The archetypes of live auction bidders
Since starting my company over a decade ago, I've observed several types of bidders. In this post, I'm describing my live auction bidder archetypes. These are a tad tongue-in-cheek. Even so, I suspect you'll recognize some of your guests from among these descriptions. (I'll zero in on some archetypes in upcoming posts.) Remember that most guests at your gala are not going to participate in the live auction. Usually just 10% to 20% of your crowd is active in the live auction; the ... Read On >