How Free Online Auction Sites Boost Fundraising


Donaldrstafford

Uploaded on Mar 3, 2022

Category Business

Charity Auctions Today, your one-stop destination to get your online auction fundraiser up and running in under 3 minutes. We have a feature-rich platform that makes it easy to raise money, capture donor information, and handle every aspect of an auction while you focus on getting the items. Call us today!

Category Business

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How Free Online Auction Sites Boost Fundraising

How Free Online Auction Sites Boost Fundraising Remember the traditional auctions where people milled around in a confined space, checking items kept on tables and feverishly biding for them encouraged by an auctioneer. There was always fun and excitement in the air and a lot of bonhomie among the participants. Auctions were and still is a profitable way for organizations to raise funds for any cause. All that has now gone for a toss. The Covid-19 pandemic and resultant lockdowns and implementation of strict social distancing norms have put physical auctions on the backburner. Fortunately for the fundraisers, this vacuum was quickly filled by Internet- based free online auction sites that offered not only the same benefits of the usual auctions but more. Now, instead of commuting to your favorite auctions, all that you need is an Internet-enabled device such as a smartphone, tablet, or laptop to attend an online auction from the convenience of your home or while on the go. What do free online auction sites bring to the table in the world of auctions and how does it benefit the fundraisers? Here is a detailed look at some of these points. Minimum expenses: Conducting traditional auctions can cost the organizers substantially. Setting up the required infrastructure like hiring the venue and an auctioneer and transporting the goods for display can add up to a lot, eating away the profits made. Free online auction sites, on the other hand, charge only minimum administrative fees for conducting an auction. Additionally, only the photographs of the items are displayed on the site thereby reducing transportation costs to nil. Fees of third-party service providers like payment gateways though have to be paid Fully managed platforms: When you conduct auctions on free online auction sites, you get fully managed services. The software takes care of the registration of the participants, displaying the items on the site, conducting the bidding, declaring the winners, and providing payment gateways. All that the organizers have to do is to arrange for shipment and delivery after the event is over. Conducting the bidding: This aspect of the process on free online auction sites needs some more explaining as it is entirely conducted online. A participant will enter a bid for an item and thereafter need not closely follow the proceedings. Once that bid is crossed by someone else, a notification is sent online and a higher bid if desired can be placed. Customer support: Customer service is available 24x7 on free online auction sites. This is very necessary as online auctions are not restricted to a specific time of the day or night. Being Internet-based, anybody from all over the world can bid on these sites cutting across time zones. Since, organizers never know when a participant will raise a query, round-the-clock customer support is very necessary. Free online auction sites are increasing in popularity because of the many benefits on offer.