Friday, August 29, 2008

Fundraise with Online Auctions

NpowerTexas, a non-profit IT consulting firm, is fundraising for their organization by having an online auction. An online auction is a great way to get extra funds for your organization. You can also do it with almost no expense. First, register your organization with EBay and set up an account. Next, set up an account with Mission Fish. Mission Fish and EBay have partnered together to help non-profits fundraise with online auctions. What makes this great is that EBay will refund your submission fees if you are registered with Mission Fish. They also base that on the percentage of funds being donated. So, if you place items up for auction and 100% of that goes to your organization, then you will receive 100% of your fees back. By using PayPal to process your transactions, you are charged probably a lower fee than most credit card processing companies. Then get all your board members together and start pulling together items for the auction. Your board members should be a huge asset to distributing out invitations to potential buyers of the auction items. See if they can send out an email to the folks in their company to help get the word out. Consider too, that your items will be available on EBay for people everywhere to vote on. Not only can you raise funds but you can get the word out about your organization with minimum marketing.

No comments: