Blogs from Auctioneers in Seattle, WA

Raise More Money with Charity Auction Travel Consignments

Professional Consignments Selling professional consignment inventory is one the best solutions for getting people excited about your charity auction. Professional consignments are items that are specifically designed to be sold at fundraising events. Unique travel packages, unusual adventures, and sports and celebrity memorabilia to name a few. A professional consignor performs as an agent representing a third party or their own products and services and then offers the same to a non-profit organization below retail. The non-profit sells the goods at auction and pays the consignment fee within days of the event. Unsold tangible items are returned to the consignor. Trips and experiences are redeemed by the winning bidder through communicating with the consignor. The sales and redemption procedure is designed to facilitate a positive and profitable transaction for the supplier, the auction planner and the winning bidder.To understand consignment, you must first understand the dilemma an auction chair faces. They must find hundreds of donated items in a fixed amount of time and before they know who will be attending the auction. Those items must attract competitive bids at a price this unknown audience is willing to pay. It is a daunting assignment and many auction planners do not have the time and connections to get those items donated outright. You can fast track the entire procurement process by acquiring a fewbig ticket consignment items with broad appeal early.What kind of consignment inventory should you consider? Tangible items like art and memorabilia require physical inventory management and certificate items such as travel and experiences are much easier to offer. If the later is unsold, the process is simply over and no further effort is required. Tangible items must be returned or shipped back to the consignor and other issues can arise like damage and theft, complicating your post auction life.Usingconsignment inventoryis one of the most powerful strategies for kick starting a donation drive and stimulating interest in your auction. You can select the right items in the right quality and quantity from a reputable source that appeal to what you know right now about your audience. Plus, great stuff will stimulate interest and attract a new following. Consignment inventory is a sales tool and more importantly, consignment goods are free to your organization. 100% of the cost is paid by the winning bidder.Your QuestionsWhat sells best in the live auction?Unique travel destinations raise more money than any other category.Why should we sell consignment trips?A dream vacation toBaliand asafari to South Africawill give you and your volunteers something to talk about and something to draw attention to the event. Great travel packages attract donors who look to the quality of donations before they agree to donate, sponsor and advertise.Can we get donors to sponsor the consignment fee?Major donors like to get as much attention as possible for their contribution. Consider writing in the consignment fee as part of a major donor proposal. The trip is then referred to by the sponsor’s name and that sponsor receives maximum recognition before, during and after the auction.If we sell consigned items, then we don’t get to keep all the money.That’s right. All consigned items have a consignment fee and that fee is paid to the consignment company after the auction.Don’t we lose money if we sell consigned items?Actually, you don’t lose money. The winning bidder is paying the consignment fee. The organization keeps all the money after the consignment amount.Why should we pay for a trip we can find on priceline.com?The non-profit organization does not pay for the trip until the trip sells. The trip is reserved by the organization with the consignor before the auction and a check is mailed to the consignor after the auction if the trip sells. Charity Auction World vacation packages cannot be duplicated by other travel services at these low prices. Travel services like Priceline.com do not make reservations for open dates, nor do they make reservations without advance payment.What is different about Charity Auction World travel?We work closely with the owners of the resorts so that the traveler has a personal, not corporate experience. African Safari Company and SeaOtter Excursions are based out of Seattle Professional Consignments Selling professional consignment inventory is one the best solutions for getting people excited about your charity auction. Professional consignments are items that are specifically designed to be sold at fundraising events. Unique travel packages, unusual adventures, and sports and celebrity memorabilia to name a few. A professional consignor performs as an agent representing a third party or their own products and services and then offers the same to a non-profit organization below retail. The non-profit sells the goods at auction and pays the consignment fee within days of the event. Unsold tangible items are returned to the consignor. Trips and experiences are redeemed by the winning bidder through communicating with the consignor. The sales and redemption procedure is designed to facilitate a positive and profitable transaction for the supplier, the auction planner and the winning bidder.To understand consignment, you must first understand the dilemma an auction chair faces. They must find hundreds of donated items in a fixed amount of time and before they know who will be attending the auction. Those items must attract competitive bids at a price this unknown audience is willing to pay. It is a daunting assignment and many auction planners do not have the time and connections to get those items donated outright. You can fast track the entire procurement process by acquiring a fewbig ticket consignment items with broad appeal early.What kind of consignment inventory should you consider? Tangible items like art and memorabilia require physical inventory management and certificate items such as travel and experiences are much easier to offer. If the later is unsold, the process is simply over and no further effort is required. Tangible items must be returned or shipped back to the consignor and other issues can arise like damage and theft, complicating your post auction life.Usingconsignment inventoryis one of the most powerful strategies for kick starting a donation drive and stimulating interest in your auction. You can select the right items in the right quality and quantity from a reputable source that appeal to what you know right now about your audience. Plus, great stuff will stimulate interest and attract a new following. Consignment inventory is a sales tool and more importantly, consignment goods are free to your organization. 100% of the cost is paid by the winning bidder.Your QuestionsWhat sells best in the live auction?Unique travel destinations raise more money than any other category.Why should we sell consignment trips?A dream vacation toBaliand asafari to South Africawill give you and your volunteers something to talk about and something to draw attention to the event. Great travel packages attract donors who look to the quality of donations before they agree to donate, sponsor and advertise.Can we get donors to sponsor the consignment fee?Major donors like to get as much attention as possible for their contribution. Consider writing in the consignment fee as part of a major donor proposal. The trip is then referred to by the sponsor’s name and that sponsor receives maximum recognition before, during and after the auction.If we sell consigned items, then we don’t get to keep all the money.That’s right. All consigned items have a consignment fee and that fee is paid to the consignment company after the auction.Don’t we lose money if we sell consigned items?Actually, you don’t lose money. The winning bidder is paying the consignment fee. The organization keeps all the money after the consignment amount.Why should we pay for a trip we can find on priceline.com?The non-profit organization does not pay for the trip until the trip sells. The trip is reserved by the organization with the consignor before the auction and a check is mailed to the consignor after the auction if the trip sells. Charity Auction World vacation packages cannot be duplicated by other travel services at these low prices. Travel services like Priceline.com do not make reservations for open dates, nor do they make reservations without advance payment.What is different about Charity Auction World travel?We work closely with the owners of the resorts so that the traveler has a personal, not corporate experience. African Safari Company and SeaOtter Excursions are based out of Seattle ...read more

By April Brown's Charity Auction World September 30, 2008

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