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Should You Hold
an Auction?
Before you
commit yourself
and your group
to holding an
auction, you
should make
yourself
familiar with
all the tasks
that will need
to be done.
Then, you must
be comfortable
that it is
within the power
of your
community to
accomplish them.
Start by going
through this
guide to
familiarize
yourself with
the various
aspects of such
an event.
Next, ask
yourself the
following
questions, and
see if you think
your community
could be
successful.
Will you
have enough
staff and
volunteers?
Certainly,
if you don’t
have enough
help to get
all the jobs
done, you
will either
overwork
yourself.
Many
jobs
may be
done poorly,
and many
may not get
done at all.
Will you
have enough
event
guests?
These are
the people
that come to
your event
and purchase
the items
you have for
sale. Can
you get as
many people
as you want
- or need -
to your
event?
Will you
have enough
items of the
right sort to
sell?
This can be
a bit of a
balancing
act. You
need enough
items, with
enough
variety, to
make the
event
interesting. If you have
too many
items, or
many that
don’t appeal
to your
attendees,
you may end
up with a
lot of
unsold
items. That
means lost
revenue for
your cause.
So, what
sort of
items will
be most
popular with
your
guests?
Perhaps you
know you can
procure a
boat for
your event.
Do you have
people
coming to
the event
with enough
interest,
and deep
enough
pockets, to
make it a
successful
item?
Do you have
enough financial
resources
to
get you
started?
Before you
ever sell a
ticket to
your event,
you may need
to spend
money for
printing or
to make
deposits for
services.
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