Adding numbered bid paddles to an auction is a great way to encourage more donations. A simple Open Ask will ask people to raise their paddles if they are willing to donate to the cause. When someone raises their paddle, the auctioneer can call out their paddle numbers to the donations administrator, so they can add their donation to the supporters’ invoices. But be careful – paddle numbers can get mixed up among table mates, which can lead to a frantic checkout process that could result in the loss of precious donations.
Electronic auction paddles may also feature a display that informs the corresponding bidder whether or not they won the auction. In some cases, a display may also display the amount of the bid and the name of the holder. The auctioneer may assign bids in chronological order, or he or she may display a message on the screen that shows how many bidders there are.
Auction paddles come in many shapes and sizes. Some are round, while others are rectangle or hourglass. You can even order custom paddles in different shapes. For example, you can choose to order paddles with numbers on one side or both sides. If you want to create an auction with a starting number other than one, you can have the numbers printed on both sides of the paddle.
For live auctions, you may not need to use bidding paddles. In most cases, there are two or three bidders for a given item. Afterward, the winning bidder must sign a receipt and pay for the item. This process is important because the auction organization cannot re-convene the auction unless it receives the money from the winning bidder.
Live auctions can also be conducted using electronic auction paddles. Electronic auction paddles communicate with an electronic auction-hosting device via a wireless communication medium. Electronic auction paddles can be used to register bids and register the current high bid. This system has several benefits over live auctions. During the live auction, an auction host device can recognize and store unique information about each paddle, including header information and encryption information.
Fundraising auctions can help raise money for an important cause. Andrew Bost is a fundraising auctioneer. His experience and knowledge has helped organizations across the country raise more than $100 million dollars for charity. He works full time with nonprofit organizations, and has a passion for helping nonprofits raise money through auctions.
