Here at Elite Auctions & Fundraising Services we are always searching for alternative “revenue enhancing” ideas at our fundraising auction events other than the live auction, silent auction and fund a need or ask. We have compiled a book of several revenue enhancers to use at your event and share this with all of our clients. Well, here is one of those enhancers that works well if executed properly… Sign Up Boards. When your organization has an over abundance of 8-20 person parties, like a bourbon and cigar tasting party for the guys or a fiesta and salsa dancing party for the girls, then a sign up board may just be the thing you’re organization is looking for.
Here’s how it works.
Step 1: Design a poster board with the amount of lines matching the amount of people the party is for and number them 1-8, 1-10, etc. and set a fixed price for each participant (i.e. $50, $100, etc.)
Step 2: Have a reveal time when the board(s) are uncovered and open for sign ups (Hint: Have your professional auctioneer make a big deal about it on the sound system).
Step 3: When guests come over to the boards have volunteers explain each party to them and have the guests put their name/bidder number on the open lines. Once the board(s) are full then your parties are sold out!
Simple, fun and effective!! This is one of many ways to add a revenue enhancer into your fundraising auction event. Good luck with your fundraising auction event!
Written by Mike Grigg, AARE, BAS with Elite Auctions & Fundraising Services