Even if those that they reach out to don’t donate to or attend your current race, they might in the future. If the auction is a central attraction to the event, go live or go home.
It’s also great for expanding your organization’s reach and peer-to-peer fundraising is the perfect platform to do so organically. If, on the other hand, the auction is accompanying an awards night, silent is the better route.
If your auction is smaller in scale, you have the opportunity to play to your audience. Pick a night and host a tournament for teams of students to compete in.P2P fundraising encourages donors to reach out to their friends and family to engage a larger community in their fundraising effort.Auctions are some of the most profitable fundraising events around.However, if you have an item that needs to be carefully inspected to sell, it will do better in the quieter, closer setting of a silent auction.To collect items for bidding, gather a team of volunteers, staff, and board members to reach out to all of their contacts. Think trips to exotic locales, golf with professional athletes, and dinners from celebrity chefs.You want the trip to be so enticing that anyone who hears about it will be rushing to enter the raffle, yourself included! You can host a reveal party to pick the winner’s name, or fold the raffle into another fundraising event.