Do Silent Auctions Actually Work? | Ep. 21
Fundraising Masterminds Fundraising Masterminds
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 Published On Premiered Aug 23, 2023

Are silent auctions the ultimate solution for raising a little extra money as a nonprofit, or are they as enjoyable as a root canal? Should you do a silent auction at your event? More importantly, do silent auctions actually work?

In this episode of the Fundraising Masterminds Podcast, join us as we answer all these questions and more. We'll debunk myths, invent some new vocabulary, and ask a couple tough questions about silent auctions. Are they really worth it? If they aren't, why? What could be wrong with auctioning off trinkets to earn a little extra money as a nonprofit?

Join us as we look at the data on silent auctions versus tables at fundraising dinners. Learn about the hidden ways silent auctions work against your event and the mental traps they encourage in donors. And most importantly, discover exactly what you should do instead.

So tune in today to answer the question: do silent auctions actually work? Get ready to hear have your expectations shaken!

Don't forget to subscribe to our channel for more helpful fundraising advice.


Chapters:
00:00 Intro
1:46 Do Silent Auctions Actually Work?
7:45 Why Should You Avoid Silent Auctions?
13:56 What Should You Do Instead?
18:13 Final Thoughts
20:22 Outro


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Fundraising Masterminds was founded by Jason Galicinski and Jim Dempsey to equip nonprofit leaders with time-tested, proven development strategies through training and coaching. Our objective is to empower these leaders by maximizing their impact on the Kingdom of God.


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