It’s no secret that effective marketing helps maximize the fundraising potential of your nonprofit’s events. For events that have a high fundraising potential to start, such as live auctions, being strategic in your marketing efforts can lead to significant revenue generation.
But in many cases, fundraising event success doesn’t depend solely on the amount of money you raise. Increasing donor engagement is also a common goal, and a solid marketing strategy can encourage more supporters to get involved with your organization—through participation in your live auction and beyond.
You’ve probably heard that creating a
multi-channel marketing strategy tends to be more effective than focusing on just one communication method. But to really make your event stand out, you’ll need to get creative. Here are four unique ideas to market your nonprofit’s live auction:
As you develop marketing materials for your auction, remember to demonstrate to supporters what’s in it for them if they participate. Feature your nonprofit’s mission prominently so they get an idea of what their fundraising dollars will accomplish, and showcase your
live auction items so they arrive at your event excited to bid. Let’s get started!
While the main purpose of an auction catalog is to serve as a guide to the event, it can also be a useful marketing tool. By sharing your catalog in advance, supporters can get a sneak peek at the items you’re offering and start to decide which ones they want to bid on. Then, when the live auction begins, they can enter into the bidding process more quickly.
Winspire’s guide to auction catalog design recommends including the following sections in your nonprofit’s booklet:
Once you’ve put all of these elements together into a cohesive catalog, print out physical copies
and
save the catalog as a PDF for digital download. This way, you can easily share the catalog through a variety of marketing channels. Include a printed catalog with any invitations you mail out, and link to the digital version in social media captions,
emails, and the “Events” section of your nonprofit’s website.
Video marketing for nonprofits is on the rise for several reasons. Videos are more engaging than text or images alone, hold supporters’ attention for longer, and provide a multimedia storytelling experience. Viewers can walk away with a clear understanding of your nonprofit and the inspiration to get involved in your fundraising efforts—such as by attending your auction!
Here are some tips for incorporating videos into your live auction marketing:
Additionally, check the settings on each video you post to make sure closed captions are enabled. This ensures your videos are accessible to all audiences.
Corporate sponsorships can help offset costs associated with planning a fundraising event. Most nonprofits go one of two routes when partnering with businesses to support their live auctions: either their sponsors provide direct financial support for the event, or they assist in the auction item procurement process by supplying high-value prizes at little or no cost.
Many sponsorship agreements stipulate that in exchange for a business’s support, the nonprofit will promote the business in its event marketing materials. However, this promotion can also go two ways. When approaching a potential sponsor, consider asking them if you can hang up flyers at their facility. Or, you might ask if they’d be willing to participate in co-marketing opportunities with your organization, such as collaborative Instagram posts or cross-promotion in each other’s newsletters.
Leveraging your corporate sponsors’ influence to promote your auction can spread awareness of your event and mission to a new group of potential supporters—the business’s existing customers. At the same time, your sponsors can gain new customers through their exposure to your nonprofit’s supporter base, so it’s a win-win situation!
Word-of-mouth marketing is powerful, so encouraging supporters to invite others to your auction can greatly expand your nonprofit’s reach. To kickstart this process, create peer-to-peer invitations, or invitations that supporters can use to invite friends and family to your auction on your nonprofit’s behalf.
An easy way to design these invitations is to use digital greeting card tools to create custom eCards for supporters to send to their networks. According to
eCardWidget, creating an effective digital greeting card requires that you focus on the following four elements:
Peer-to-peer invitations have two major benefits for your organization. First, acquiring new supporters through your live auction will require less time and effort on your organization’s part because your existing supporters will do some of the work for you. Second, when recipients can read personal stories from their loved ones about their involvement with your nonprofit, they’re more likely to trust that they’re supporting a worthwhile cause by participating in your event.
The ideas listed above are just four of the many creative ways you could market your nonprofit’s live auction. After the event, consider
sending a survey to participants asking how they found out about your auction, which promotional materials they liked, and where they think you could improve. You can then use this information to create an even stronger marketing strategy for your organization’s next event.
About the Author
David White
David White is the Director of Nonprofit Sales at
Winspire. The Winspire team is dedicated to supporting the nonprofit community by providing the best service and unique auction item experiences for their events. Winspire has helped over 75,000 nonprofit auctions across North America increase their revenue through events of all sizes.
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