Thursday, July 24, 2014
A Nonprofit Group’s Guide to Using Auction Sites Online to Raise Funds
While nonprofit groups are committed to serving a greater good, they will need additional ways to raise money aside from relying on long-term donors and sponsors. Selling items through established auction sites online is a good way to raise money. These web auctions work similarly to organized silent auctions. Bidders place their bids silently by typing in their preferred amount, and at the end, the highest bidders get the items. Even so, heads of non-profit groups should realize that not knowing how to use these online auction tools properly can result in some disadvantages.