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Making Money And Having Fun With Fundrai$ers

10 Steps to Planning a Successful LIVE Media Auction

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Making Money And Having Fun With Fundrai$ers

10 easy steps to hosting a

PROFITABLE & FUN

media auction

Fundraiser Focus: Media Auction

#1 - Set Goals

ü $30,000 profit

ü 35 silent auction items

ü $75,000 worth of media

Fundraiser Focus: Media Auction

#2 – Build a Committee •  Find 5 to 10 committee members (meet every 3 weeks until the event) •  Create sub-committees

o  Silent Auction (Ask each person to bring 2-3 items each)

o  Media Outlet Donations (Have a media buyer sign the request letter)

o  Auctioneer (Find the right auctioneer)

o  Creative Design v  TIP: Collaborate with other board chairs (such as web, historian, communications, programs)

to get things done before and during the event.

Fundraiser Focus: Media Auction

#3 – Choose a Theme

Fundraiser Focus: Media Auction

#4 – Secure a Venue

Fundraiser Focus: Media Auction

#5 – Set a Date

Month | Date | Day

TIP: Choose the best time for media buyers

Fundraiser Focus: Media Auction

#6 – Design the Creative & Promote the Event

Fundraiser Focus: Media Auction

Choose your medias: •  Paid – print, display

•  Owned - email, website, social •  Earned – word-of-mouth and public

relations

Fundraiser Focus: Media Auction

Cost of Event:

•  Ticket price covers food and venue space – we break even on ticket cost

•  Media buyer got in free

•  Each attendee got 1 drink ticket

2 Auctions events in 1 •  Live Auction •  Silent Auction

Additional Event Details to promote:

Fundraiser Focus: Media Auction

#7 – Hire a Professional Auctioneer

Fundraiser Focus: Media Auction

#8 – Plan the Fun Stuff

Fun & Games & Prizes (took place during breaks of LIVE

Auction) •  Simon Says

•  Q&A for $20 to $100

•  Costume Contest

•  Let’s Make Deal!

Fundraiser Focus: Media Auction

#8 – Plan the Fun Stuff

Q & A

President/Board Participation

Fundraiser Focus: Media Auction

#8 – Plan the Fun Stuff

Simon Says

Costume Contest

Fundraiser Focus: Media Auction

#9 – Showtime! Silent Auction •  Started at beg of event •  Went to near end •  Use bidding sheet per item •  Show the items!

LIVE Auction •  Auction spotters (Ringer) •  Bidding paddles •  PPT Presentation to show

the media package

Food, Drinks, Games & Prizes •  Auction spotters (Ringer) •  Bidding paddles •  PPT Presentation to show the media

package

Fundraiser Focus: Media Auction

#9 – Showtime!

Fundraiser Focus: Media Auction

#9 – Showtime!

Our biggest spender!

Fundraiser Focus: Media Auction

#10 – Wrap Up Finishing Touches •  Have a post mortem with the

committee o  Celebrate successes and

discusses challenges o  Bring pizza and drinks/

champagne, etc… •  Send out thank you cards to buyers •  Collect your $$ from buyers •  Update P&L with actuals •  Update strategic plan for club

achievement

[email protected]

423.315.7476

Kathy Jacobus AAF Chattanooga Eastern Region Rep Media Auction Co-Chair Former Governor Former President

Thank you