Blog Charity Auctions Today Online Auction Fundraisers

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A Guide to Holding Online Auction Fundraisers

• Online auction fundraisers have emerged in the
  post-Covid scenario of lockdowns and social
  distancing as the most effective way to raise
  funds for charity. This enormous platform of
  online auction sites reaches out to audiences
  around the globe and hence has a far wider reach
  than traditional in-premises auctions. Almost
  anything sells on online auction fundraisers,
  from sports memorabilia to computer hardware,
  from vacation packages to excess stocks being
  auctioned off by retailers at rock-bottom prices.
  
• Holding online auction fundraisers
• Conducting online auction fundraisers is far
  different from the usual auctions. Here is a
  guide to getting the best out of the online
  environment.

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Selecting a site Research the Internet and
select a site that is credible and has a good
record of holding online auctions. The best sites
will not have restrictions on the number of
items, permit 3 to 4 photos of each item on the
site, and have very affordable administrative
charges for conducting the auctions.
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Going through the fine print Most sites profess
to be free but are they so? Read the fine print
carefully. Commissions might not be charged from
you but you will have to pay third-party fees of
payment gateways. Choosing items wisely At
online auction fundraisers, you might either
decide to have several items or one product in
bulk depending on the profit margin you expect
from each. The best-selling items usually at
online auction fundraisers are toys, books,
computer hardware, and event tickets accounting
for at least 43 of total sales in online
auctions. Online auction fundraisers are perfect
for reaching out to a global audience. But be
wary of international shipping and delivery as
they can be quite complicated.