A Guide to Online Auctions for Non-profits
What is an Online Auction? An online auction is a type of fundraising event that has been around for many years. It is a form of the silent auction, where people bid on items using an online bidding platform. A virtual auction allows people to donate items and bid on them from the comfort of their own homes. The primary goal of an online auction is to raise money for nonprofits, schools, churches, or other charitable organizations. Auction websites such as iConnectX offer free listings for nonprofit auctions. This allows the nonprofit to post its event information and photos without paying any listing fees. What are the Benefits of Online Auctions for Nonprofits Compared to other Fundraising Solutions? Nonprofits can make money by running an online auction. The benefits of this type of fundraising are: · There is no cost to run the auction · It is easy for nonprofits to set up and run the aucti...