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►Best Auction Items

August 28, 2014 - Author: Jenelle Taylor, CAI BAS
Picture by Moyan Brenn on Flickr

Picture by Moyan Brenn on Flickr

This article made me smile!

I am always telling both nonprofit committees and auctioneers in the BOOTCAMP class I teach about the Best Categories for Auction Items, in order of desirability.

While most committees think they need to “get stuff” for the auction, in fact, “stuff” (physical items) often hasn’t the lowest potential for selling above retail value, because we all have enough “stuff” already, and we can all find out what “stuff” costs with a quick check of our phones.

But experiences? Experiences – whether exclusive, travel, attendance, pampering, indoor, outdoor, solo or group – experiences mean memories, the joy of human life.

And, according to this article http://qz.com/255963/another-reason-to-spend-money-on-experiences-rather-than-things-the-positive-benefits-of-anticipation/ research suggests that auction attendees will actually enjoy spending money more due to anticipation of a future experience!

anticipation of an experience is more exciting and pleasant than the anticipation of a material purchase—regardless of the price of the purchase”

So, ask your Professional Benefit Auctioneer to help you brainstorm unique experiences for this year’s gala, and up the anticipation (and excitement) for your guests.

Oh, and after Experiences, what are the other Best Categories for Auction Items, in order of desirability?

1. Experiences

2. Food and Wine

3. Travel Near and Far

4. Entertainment

5. Pampering

6. “Stuff” (tangible items whose value is readily found online)

Go get creative! Call me for help 🙂

Categories: Better Buyers, Consulting, Live Auctions, Other Money Makers, Silent auctions - Tag: , , , ,

Discussion (1 Comment)

  1. by Seda
    Reply

    I’m tempted to say that the top on is fake bacsuee it looks to me at least like the better quality piece. Not really sure what I’m looking for, though. I imagine at least some of the clue is in the colour shades, but I lack the expertise to judge.

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