For years now, those on the cutting edge of fundraising technology have been complementing their events with online auctions. Now, there is something new being added to the mix — mobile bidding. By integrating a live fundraising event with an online auction, you can expand your bidder community and increase participation. By adding mobile bidding, you can bring all the advantages of online auctions to your live event and increase bids to raise more money.
An online auction and live event combined with mobile bidding is a complete, end-to-end fundraising solution. Here are some tips on how to make the integration as seamless as possible, from pre-online auction to post-event.
Promoting your online auctions and live events
The key to maximizing online auctions is being able to use the built-in marketing capabilities that a good platform should offer. A robust online auction platform enables you to promote your live event on your auction website, solicit and feature donated items and sponsorships, and send e-mail campaigns to your community.
- It is a good idea to promote an online auction first and the live event second. This ensures that the greatest number of people among the online bidders and event attendees can view and bid on your auction items, thereby elevating the starting bids at your live event.
- Make some of your items online-only and live-only. This best practice is effective in generating “auction fever,” driving up competition among online and live audiences, and obtaining the highest bids.
- E-mail. E-mail campaigns can be used to drive bidders into the auction, and request item donations and sponsorships from the community.
- Use your website. Promote your event on the homepage and other site pages. You can add “Auction Updates” buttons to your website and enable your community to opt in to receiving auction updates by e-mail.
Selecting items for your online auction and live auction
Be aware of what sells better online versus what sells better live. Historically, auction experts have found that particular types of items sell well in online auctions. Items that can be easily shipped, such gift certificates that can be redeemed at multiple locations, are ideal for online auctions. At traditional live auctions, art and expensive jewelry do well.
Adding mobile bidding to your live event
A mobile platform can create a level playing field where all attendees can bid using their own mobile phones or smartphones. Mobile phone ownership is now so widespread — it’s likely that all attendees will be able to participate. This means that mobile phones can replace the clipboard as the bidding device. Should there be any guests without a mobile phone, laptops and/or tablets can be used to allow everyone to bid.
BiddingForGood, a charitable e-commerce company that connects fundraisers, shoppers and businesses, recently launched its mobile platform as an extension of its online auction services.
“Mobile bidding allows both event attendees and those supporters who cannot attend the event an opportunity to bid on great items for a great cause,” says Jon Carson, CEO of BiddingForGood.
More and more fundraisers are adding mobile bidding to enhance their current fundraisers, live or online. Leslie Medalie, auction executive committee chair at Brimmer and May School, has chosen to use a mobile platform to complement her next online auction and to raise bids at her live auction event.
“The mobile platform provides total integration and promises to be a revenue booster — and excitement builder — for our annual event,” Medalie says.
Not only does mobile bidding make an event run smoothly from registration to closeout, but it also can boost revenue anywhere between 10 percent to 30 percent. Mobile bidding is about expanding your bidder pool and reducing the dependence on the old-fashioned clipboard while adding excitement to your fundraising auction event.
Kaijsa E. Kurstin is media relations manager for charitable e-commerce and online auctions company BiddingForGood.