Part 7 of our Traditional Auction series | Published on AuctionZoom.com How to read this: You'll see tags for [Experience] (what we've observed consistently) and [Inference] (conclusions drawn from those patterns).Understanding why traditional auctions work is only the beginning. Execution makes the difference between good results and exceptional ones. This comprehensive charity auction...
Part 6 of our Traditional Auction series | Published on AuctionZoom.com How to read this: You'll see tags for [Experience] (what we've observed consistently) and [Inference] (conclusions drawn from those patterns).The difference between a good silent auction and a great can come down to a single decision: when to close bidding. Organizations that let their silent auctions drag on throughout...
Part 5 of our Traditional Auction series | Published on AuctionZoom.com How to read this: You'll see tags for [Experience] (what we've observed consistently) and [Inference] (conclusions drawn from those patterns).After exploring the psychology, costs, timing, and operations of charity auctions, one question remains: If traditional formats deliver superior results at lower cost, why do so many...
Part 4 of our Traditional Auction series | Published on AuctionZoom.com How to read this: You'll see tags for [Experience] (what we've observed consistently) and [Inference] (conclusions drawn from those patterns). This article provides the comprehensive cost analysis that mobile vendors hope you never see. For the complete strategic framework connecting costs to psychology, timing, and...
Part 3 of our Traditional Auction series | Published on AuctionZoom.com How to read this: You'll see tags for [Experience] (what we've observed consistently) and [Inference] (conclusions drawn from those patterns).Mobile bidding companies have built their success on a compelling promise: that online/mobile technology can deliver higher auction revenue while eliminating the operational complexity...
Part 2 of our Traditional Auction series | Published on AuctionZoom.com How to read this: You'll see tags for [Experience] (what we've observed consistently) and [Inference] (conclusions drawn from those patterns). This article explores the specific psychological mechanisms that make traditional auctions so effective. For the complete strategic framework connecting psychology to operations,...
In the age of smartphones and digital advancements, it's easy to assume that every traditional method should be replaced by its digital counterpart. However, when it comes to fundraising events, particularly silent auctions, there's a strong case to be made for the enduring charm and effectiveness of the classic paper bid sheet. Silent auctions have been a cornerstone of successful fundraisers...
We tell you the why and the how to do this. Make your next silent auction fundraiser “cashless” for more fun and higher revenues – Free download Fewer people are carrying cash, and when they do it’s less than $50. This was the finding of a recent survey by US Bancorp on the growing preference for more convenient methods of payment over cash. A silent auction organizer needs to keep this in mind...
How to run a smooth silent auction from start to finishUsing Bidstation to run your nonprofit fundraising auction will improve the guest experience and make the process easier for organizers and volunteers. Bidstation can help guide you through a smooth and organized auction event, from start to finish. Each function is designed to be intuitive and work in the simplest way at the...
Create a custom guest list for silent auction check-in with our free template. A guest list is a key part of any auction event check-in process. A well-made list lets you check in guests quickly and accurately. BidStation’s default attendee list displays guest name, bidder number and table number. These details are usually all that’s needed. You can create a basic guest check-in list in the...