Alex Ellifritz

Professor Martin

Freshman Seminar

October 5, 2016

Auctions & Peet’s Article

Auctions seem to be the best way to fund a non profit. Almost anything can be auctioned off including merchandise, services and even dates. To have an auction all you need is products that you can auction and them have people place bids to try and acquire the item. Date auctions are a brilliant way for potential couples to interact while raising money. There are very few things needed to have an action. The main items needed for an auction are volunteers to keep the event running, a ticket desk, bidding paddles, and a event space. Before holding a big event like an auction people need to have advertise their event widely through different media platforms. Having fliers posted in the neighborhood community centers, cafes, and local shops will help get the word out. Also using social media and emailing people will help publicize the event. It is also very important that the guest know before hand what the rules of the event are. Lisa Peet shows an example of a huge event that she attends called “The annual Party on Post which nets $85,000–$100,000 and includes both silent and live auctions, plus a reverse auction “Call for Cash.”