This list of top 10 auction items is a great place to start if you want to raise more money with your next auction event.
In charity Auctions, there are certain items that people look for, this is a compilation of tips on those auction items that are easily sold. The items on this list are ones that not only attract a large number of bids, but also command very high prices.
The bottom line is that when you’re trying to generate more funds, the last thing you need is to be selling lots of items that at the end of the day will not generate more than $100 each. It is even more advisable to combine related items together to generate more money, thereby selling fewer items.
The reason for this is that in other to raise more money at auctions you need to offer quality not quantity. When there are fewer items, you create an air of scarcity that helps you raise more money. If there are many items, you create an atmosphere of surplus leaving people with options thereby prompting them to look for bargains from the array of options available to them.
List of the most Attractive Auction Items
These are auction items that are desirable, unique, creative and highly sought after.
Music Memorabilia – Another great auction item is, music memorabilia. If promoted well they can raise huge sums of money. Just one item can sell for hundreds of dollars, but the key is not to use so many items else it will be difficult to get the prices you want because bids on each item will not be enough. The shipping companies will ship them to you and also provide certificates of authenticity and descriptions. Majority of them however, will expect you to pay the return freight for the items that don’t sell, so it is therefore advisable that you don’t order excessively. Regardless, auctioning of music memorabilia is still a great and unique auction because lovers of music are always so excited about them, which means you get to raise large sums of money.
Sports Memorabilia – Sports memorabilia is another item that generates lots of money in auctions. To get them, you can put a request for donation from your local professional sports team; you can also order some expensive items from any consignment company. Teams in an area usually donate one signed nonprofit item in a year, so if you use a consignment, you’re sure of more options. However, instead of relying so much on these, it is better to get creative and package for example, a signed glove or jersey along with a couple of donated game tickets. It is always advisable to advertise your most expensive items ahead of the auction in other to achieve maximum results.
Luxury Vacation Rentals – Providing luxury vacation accommodations through consignment firms is another great way of raising funds through auction. These consignment firms not only handle all the paperwork, they avail you with descriptions and picture, and they allow you reserve the dates that are available so you can list them at your auction. So, if you’re doing a auction for a Christmas ski lodge in November it’s a good idea. You can make a lot of money from the consignment firms that’ll allow you offer four different vacation rentals at your auction from the variety of properties available at different destinations all-round the country.
Experiences that are Once-In-A-Lifetime – When it comes to raising dollars for your cause, you need to wow people. You can do that by offering trips to exotic destinations like a trip to Azores- Portugal, an African Safari, trip to Scotland, etc. These are some of the best option items when it comes to raising top dollar for your cause. You can organize this by using an auction consignment company who’ll make all the promotional materials and descriptions available. If you want to successfully auction all these expensive items, the key is to advertise them ahead of time on your website, social media platforms, or by printing flyers, etc. by so doing, those attending have an idea of what you’re offering and are prepared to bid.
Vacation Trip Packages – Create a vacation trip package from a related donation. For example, Disney offers nonprofits a donation of four ParkHopper passes which goes for about $356. Include a vacation at a resort or hotel nearby as part of the deal, then turn the trip to the hotel or resort into a fun road trip by including a list of fun things to do and eat on the road, and what you have is a complete package for a vacation trip. Also, you can easily gain $1,000 or more on each package at auction without spending anything upfront, by using one of the auction consignment companies that offer nice vacation packages.
Creative Artwork –At auctions, unique artwork is one of the items that are sought after. However, getting major artists to donate artwork is not an easy task. You can always get some artwork on consignment, but it’s always more advisable to be creative and think outside the box for ways to come up with your own art work. Some of the ways of achieving this include, using over-sized inkjet printers to turn photographs of local landmarks that are noteworthy, into printed canvases, using websites that can create a “fire map” of your city’s streets where an aerial view of a neighborhood has streets painted in a bright high-contrast color scheme to create an effect on canvass that make the streets look like they are on fire. It is creative auction items like these that can spark a bidding war that can easily multiply the suggested selling price.
Distinctive Dining Experiences –You can also include the offer of dinner for eight at one of those highly rated restaurants where the meal is prepared right there at the table. Add one or two specialty donated bottles of wine to make the experience more relaxing and ensure that the corking fee is waived by the restaurant. You could also organize fun activities like a group dine-around where every Friday night, a group of 10 to 12 people are chauffeured to an array of top restaurants. This could be organized to last for a month. One thing’s for sure, the quality of the experience will definitely influence its value when auction commences.
Rides on Hot Air Balloons – There’s a company called Fundraising Rides. They have offices in over 200 cities across the nation, and their services include offering rides on hot air balloons. You can net $600 for your cause by participating in their auction display, which includes pictures, description and miniature hot-air balloon. If you purchase a two-person and a four-person package, you pay if they sell, which is almost certain to happen. When you sell both trips you’re sure of $600 from both of the auctions.
Unique Experiences For Children – To achieve this, you need to collaborate with local business men to make donations that will in turn generate business for them. It could be as simple as soliciting from an ice cream parlor an opportunity for a child to create a unique ice cream flavor. The kids can share the experience with their friends at school, at parties, field trips, etc. therefore, asking for this is a better idea for your business than, maybe collecting gift certificates.
There are also other fun activities for children that you can organize like offering them the opportunity to be a professional for a day. Like Doctor For A Day, Policeman For A Day, etc. these are items that many parents will not mind bidding on. You can also check out fundraising offerings from the sport team in your area and organize for kids to meet their favorite players.
Fun Outings – You can put donated items that are similar together into super baskets like Vineyard Tour, Craft Beer Tour, Day at the Spa, beach, Pub Crawl for 10. You can also offer a fun outings like a trip to the zoo, Disneyland, excursions, mountain climbing, a cruise, sky diving, canoe trips, etc.
You can also create a super party basket by combining plenty of different food items then include some of the wine donated. Make an Ultimate basket for coffee lovers by combining exotic blends, a French press, or gift certificates for freshly roasted beans each month for a year.
Assemble the best possible bundles for your auction. Try and be creative in other to ensure that they are not boring, but exciting and attractive.
To ensure that your items sell well at the auction, just make sure that the items are of the best quality not quantity, and combine all items that are related into themed auction baskets. By this, everything will look a lot more attractive and inviting to your bidders.
When auction offerings are of high quality and come in small batches, it’ll make it easier to organize your auction display area, attract more bids on each item, and sell your items at a higher price than their smaller less desirable counterparts.
By considering this list, should help you raise more money at your next auction with less work and considerably more satisfied bidders.
Learn more: www.ilance.com
- Erin Thompson