10 Tips for a Running a Silent and Live Charity Auction

1. Choose the right date for your silent and/or live auction

Choosing the right date for your auction is critical. Most auctions are held in either the spring or the fall. Summer is not a good time to hold a major event since many guests may be vacationing. Winter is also considered a bad time of year as many are preparing or recovering from the holidays. Fall is normally considered the best time of year to hold an auction because many of your guests are beginning to get into the holiday shopping mood and may find that what you have to offer is on their shopping list. Weekend evenings are the most popular time to hold auctions since most auctions last well into the night.

2. Pick the right auctioneer for your live auction
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2010
06/23
CATEGORY
Running an Auction
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Running a Silent Auction

Running a silent auction is a wonderful way to raise money for charity or a special cause. The best part about silent auctions is that they require less work to manage, and produce results that are just as effective as a live auction. Here’s how to run a smooth, successful silent auction that rakes in bids.

Step 1

Gather your items for the auction. Depending upon the cause that you are trying to raise money for you may have a number of people willing to donate items for the auction. The best way to obtain items for the auction is to speak with businesses and individuals that you feel would be likely to donate, and explain your cause. You will find that most people are willing to help out in any way that they can if you have a legitimately charitable cause. Read more

2010
06/23
CATEGORY
Running an Auction
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Inventory Liquidation and Closeout Merchandise

This blog is created to give people some background into inventory liquidations and closeout merchandise. Our website www.kiefers.com has a very large inventory of inventory that we sell direct to consumers all over the United States from our central warehouse in Grand Forks, North Dakota. Our 66,500 square foot facility has about 1.5 million cubic feet of storage and is served by additional warehousing in Fergus Falls, MN, where we have production and packaging facilities and our main offices in Fargo, North Dakota which serves as our corporate offices and our on-line web department. Read more

2010
06/23
CATEGORY
Liquidation & Closeouts
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Finding cheap merchandise for a retail store

Lots of small store owners ask me frequently how they can buy very inexpensive merchandise to fill their retail store. Store owners today are always looking for more margin and if they can buy cheaper than they usually pay to their suppliers their margins can improve. Over time this can be highly significant. If a dollar store, for example, can shave 25 cents off the cost of items and sells 8,000 of those per month they will net an extra $25,000 per year which can mean the difference between a good year and surviving. Read more

2010
06/23
CATEGORY
Liquidation & Closeouts
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