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Key to Successfully Conducting Online Auction Fundraisers

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Most common activities in daily lives today are done online because of the convenience. Similar is the case with auction fundraisers that have gradually moved from the on-premises scenario to the online environment. It is partly because of the restrictions of lockdowns and social distancing norms imposed worldwide due to the Covid-19 pandemic. Here is a guide to successfully holding online auctionfundraisers . The first step is to carry out thorough online research to select websites that have the required expertise and experience in handling online auction fundraisers. They should also have advanced and cutting-edge software to conduct all aspects of an auction. This includes registration of participants, provision for uploading multiple photos of the items for auction and providing several payment gateways. Most sites for online auction fundraisers charge very low fees for the use of their platform. Get the goods ready for the auction well in advance. While, unlike traditiona
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Traditional Auctions vs Auction Bidding Websites

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The rise of auction bidding websites   can be attributed to two main reasons – convenience and the restrictions imposed worldwide due to the Covid-19 pandemic. From an analysis of the two, these factors can be understood better. In traditional auctions, people are packed into halls, the items for bidding are displayed on tables, and the proceedings are deftly handled and speeded up by a paddle-wielding auctioneer. There is a lot of fun and excitement and the bidding is often feverish and competitive. On the downside, participants have to make time to commute to the event and take part. While being inconvenient, it has to be remembered also that Covid-19 strict social distancing norms restrict free movement. At auction bidding websites, the whole process s conducted remotely and anybody with an Internet-enabled device like a smartphone, tablet, or laptop can take part from any corner of the globe while on the go. This increases manifold, the convenience levels of taking part in eve
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Why Internet Bidding Sites Are Very Important Now

  Auctions are one of the most important ways to dispose of items and get a fair price for them. However, it is not limited to this purpose only. Auctions are the life blood of any charity to raise funds and carry on their good work. Local merchants, sponsors, and volunteers donate items for auctions and the proceeds go to various social causes and use. In recent times on-premises auctions around the world are on a decline. The Covid-19 pandemic restrictions and strict social distancing norms have all clamped down on the free mingling of participants at auctions. Filling this gap are I nternet bidding sites  where auctions are conducted online and bidders take part through any Internet-enabled device. Now fundraising activities can be carried out as before.   The most important benefit of I nternet bidding sites is their reach and access to a global audience. Organizers have almost unlimited access to potential bidders dotted around the globe and hence the possibility of a success
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Ready to host an auction? You need to know this first!

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 Typically, fundraising and auction events have been in-person and based on offline interactions to generate funds. However, in a virtual-first era, fundraising should not suffer. Thanks to technology, today one can set up an e-auction and online fundraising campaign from anywhere and find and connect with buyers, donators and supporters in no time.  With technology,  be it an individual, a non-profit or a corporation, anyone can easily utilize the services of an online auction platform to run an auction in any time zone, with bidding in any currency and connect with bidders and backers from around the world. This means one no longer has to go through the hassles and complexities of in-person auction activities and can save significant time and effort by choosing an online auction platform.  If you’re all set to create your first online auction and fundraising event, it’s time to choose the right platform to suit your needs. CharityAuctionsToday is one such online auction platform tha
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Selling items made easy thanks to online auctions

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  Auctions have been really popular ever since their inception and in recent times they have become much more popular than ever before. The online auctions are trending and are all the rage right now thanks to their efficiency and high discounts. More and more people are now opting for online auctions sales and there are a large number of sellers and local businesses that are choosing online auction sites to sell their products. Local businesses have now started to prefer online auctions to sell items over any other platform because that is helping them grow manifold and is also an easy and efficient way to sell products fast, without any delay in payments. Online auctions have made selling of products really easy as there is a secure way laid down by most online auction sites that provides support to sellers and buyers both. The payment structure is very easy and is secure also. This is why most buyers are opting for online auctions and is in turn a boon for sellers who can now exhi
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The Functioning of A Mobile Bidding Silent Auction

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 The main difference between traditional auctions and a mobile bidding silent auction is that in the second instance, no real people are milling around auction hills inspecting the items on display. Instead, the whole process is carried out silently over the Internet, no auctioneer is announcing the bids and the bidding takes place over a mobile or any other Internet-enabled device from any corner of the globe. This is why this form of auction is known as a mobile bidding silent auction.  At a silent auction, the items to be displayed are put up on the site well before the bidding period so that potential bidders can inspect them. Since it is online, organizers generally reach out to an audience by creating a buzz on various social media platforms. Each item is allotted a number on the bidding sheet given to all registered participants who bid from their mobiles as per the numbers of the items.  Mobile bidding silent auction finishes at a pre-determined time to encourage bidders to bi
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The Functioning of Online Auction Websites

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  Online auction websites   function like traditional auction houses.   Sellers offer a single item at a time or in multiple lots and buyers bid on them. But here the similarity ends. Online auction websites have data collection systems that are necessary if they are to function optimally. Buyers and sellers register on the website before any transaction can be carried out. Registration is critical if items put up for bidding have to be tracked and the winning bids determined. A database of seller feedback is also included in the sites. However, separate the email address for the auction from your regular email account if you want to avoid spam from flooding your inbox. Online auction websites have a specific time after which any bid will be disallowed. The same is good for sales too as a winning bidder has to make payment within a set time. If bids are not received at or above the reserve price the auction is closed. After a successful auction is achieved, the buyer and the seller
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