The basis of the reading of “Auctions” tells us what we need in order to make a Auction successful. In order to have an Auction you must have volunteers who are willing to keep the event running, a ticket desk, bidding paddles, and an event space. The reading also tells us to look for donations from restaurants or other local vendors to help out with drinks, food, and decorations. In addition, the reading also said to market and advertise the auction in order to attract more guests to the event through social media and email. The best way to have a peaceful and non-rowdy event is through a silent auction. I think this would be the best bet in order to help fundraise ILEAD because this stops any fuss and other occurrences from happening and creates a reassurance that less dilemma and conflict will occur. I also embraced the idea of having two different sets of tickets as we had discussed from our last class on 9/14 of having a general and VIP admission ticket. In addition, I enjoyed compensating unlimited drinks and a buffet for those we ordered a VIP ticket. With different options for attendees to buy, this gives us more of a leverage to fundraise more money because of the incentives the VIP ticket comes with.
Peet’s 360 Fundraising article gave us an understanding of how to run an auction and gave us real life examples of auctions and types of fundraising in order to have a successful auction. The way the article shows us how to have successful types of fundraising tactics is by using an example from a library’s point of view. Libraries can develop fundraising strategies to meet a wide range of programming, collection development, and building needs. But what was mainly focused in this article was the basis of keeping relationships and networking. First in order to have a successful auction, fundraising efforts are commonly distributed through a division of labor. I believe this is where a lot of the foundation of running an auction leads from because we must have a divisions of powers that have specific jobs to have a successful auction. Next, another strategy that stood out to me was the community engagement that must be involved in order to attract people to the event. The most important object in an auction is the people because we are the ones that run such a thing. We are the founders and we must find others to join in on the cause. I believe in order to help ILEAD gain interest and attention, we must engage with the community even if we do not have a successful event. People will still be interested in the cause and will look forward to more events to come.
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