5 Things that can Improve Your Silent Auction (3/5) – Pre-Bidding

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What is pre-bidding? For those of you having a silent auction at your fundraising event, pre-bidding is the practice of opening up your auction beforehand.  For most, this ranges from 3-5 days prior to the event.  If done correctly, pre-bidding can have a profound effect on your overall auction’s success.  This is what we will […]

Silent Auction Fair Market Value & the Art of Starting Bids and Bid Increments

When it comes to silent auctions, we often get the question: where should I set my starting bid and bid increments? If you search around the Internet, you will find some rules of thumb and some best practices. In most cases these are based upon some sort of basis such as “Fair Market Value” (FMV). […]

5 Things that can Improve Your Silent Auction (2/5) – Product Merchandising

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This post is “step 2″ in our 5 step series on how to improve your silent auction.  Last time we discussed how to reduce time in lines at checkin and checkout.  In this post, we are going to talk about merchandising. If you promise to hang in there with me and read through this post on merchandising, […]

5 Things that can Improve Your Silent Auction (1/5) – Streamline Registration & Checkin

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We are starting off a multi-part series on things you can do to improve your auction experience.  In this first post, we will focus on registration and checkin. You need to get people connected to your auction as quickly and as easily as possible. Outside of parking/valet, checkin/registration is the first thing people experience when they […]

5 Things you can do to improve your silent auction experience …

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We are going to start a 5 part-series on various ways you can improve your silent auction experience. Most auction managers focus on direct methods to improve revenue such as: get better items, get more items or have more bidders attend; but, they often ignore the indirect methods focused on overall bidder (guest) satisfaction. The […]

Bid Increments and the Hidden Cost of Paper Bid Sheets

Bid Sheets for silent auction

I am often asked about best practices on how to properly set bid increments.  There are different schools of thought on this, but my answer is that they should be as “low as possible”.  Obviously “low as possible” still depends on the starting value.  However, I often find auction hosts setting them too high (as […]

3 Misconceptions of Mobile Bidding Technology

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We talk with a lot of auction hosts evaluating technology options.  It is a hard process for them as they have to balance their desires to improve the experience for bidders against the desires of their management and board.  We can sympathize. After all, we are involved with our own non-profits and actively run auctions […]

Does the Handbid Mobile Auction platform support Buy-It-Now?

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A Buy-it-Now, Instant-Purchase is an option some silent auctions offer that allows a bidder to purchase the item outright for a specific price.   We offer a buy-it-now option in Handbid.  However, we really caution our auction hosts to be careful with using it.  A Buy-it-Now option, if not implemented properly, can be detrimental to your […]

Handbid now has extended bidding! There, happy now Sherry?

Handbid now has extended bidding!  There, happy now Sherry?

Extended bidding, also known as an “anti-sniping” feature, allows for specific items to be extended past the auction close time if there are active bidders still placing bids. In most cases, a window is set (e.g. 2-5 minutes) and if a bid occurs within this window, the item is extended to allow bidding to continue. […]

Hey Mary, you missed a slide!

Hey Mary, you missed a slide!

It’s hard to be engaged in the Mobile Local Social realm and not have heard of Mary Meeker from Kleiner Perkins.   Few can summarize the state of technology trends as well as she can, and everyone eagerly awaits her annual Internet Trends report.  She just presented her latest one at the D10 Conference in Early […]