One of the greatest joys in our world is seeing a fundraising auction make the leap to a new level of success. As charity auctioneers and fundraising event consultants, we have been part of many success stories, seeing auctions double or even triple their revenue in a single year.
How do these auctions achieve such success?
Have a vision for where you want to take your crowd
They start with a vision of where they want to take their event. From there, they develop very specific goals and formulate strategies for achieving them.
“Raise more money in the fund-a-need” is a goal that most events would love to achieve, but alone it lacks direction. Starting with a vision of “engage our crowd on a deeper emotional level so they feel more connected to our mission” leads towards the goal of raising more in the fund-a-need.
Be willing to take risks. We’re not advocating risk for the sake of risk, but you are never going to make a quantum leap by embracing the status quo. It can be a large risk, like changing venues, or a smaller risk, like changing the flow of your program or embracing a new theme for your event. Any risk you take should be in service Identify a way to achieve your goal.
Embrace change and get your audience to buy-in to it by communicating with your crowd in advance to manage their expectations. Engage directly with key supporters to get them to commit to your vision, then reach out to your larger audience with their support. Fundraising is a conversation that takes place year-round, and your closest supporters should always feel like they have a stake in your event.
Train the crowd to embrace this new status quo and establish The Way for subsequent events. Momentum in a fundraising auction is a fascinating thing, and crowds have a way of remembering how an event was the year before. Highlight your successes in post-event communication, and carry that momentum forward to next year.
Finally, believe that you can grow. Your faith and optimism will inspire your committee, your board and ultimately your crowd to help you make your own quantum leap.
