Auctions are a Great Golf Tournament Fundraising Idea
A regular or silent auction is one of the best ways to generate additional revenue for you golf tournament fundraising efforts. In addition to keeping your golfers active and entertained while the wind down after their round, it is an opportunity to get friends, family and those people who may not have had the chance to play to get involved with your event. And perhaps most importantly, an auction is great opportunity to further involve your major tournament sponsors and attract a larger number of smaller sponsors. But what kind of auction should you have?
The silent auction is most often the popular choice for golf events because it is the easiest to run. All that is required are some fold out tables, all of the items displayed nicely atop them, and a bid sheet in front of each item. On the bid sheet you should list the name of the item, description and minimum or starting bid amount. Of course, the bid sheet should have a place for each bidder to also include their name, phone number and email address if you like. If the item was donated, it is a good idea to list the donor’s name as well.
The key to raising a significant amount with your silent auction is ensuring your auction item list has a good mix of big, medium and small items to fit all your participant’s budgets. Popular items for auction include memorabilia, event tickets, jewelry, travel or entertainment packages, and complimentary rounds of golf at exclusive courses.
If your golf tournament is fortunate enough to have premium items like vacation packages, cruises, or even new cars donated to the event, a live auction may be the best way to raise the appropriate level of donation for these kinds of high dollar items. For a successful live auction, we recommend hiring a professional auctioneer. A true professional will understand how to get your event attendees and players involved, excited, and how to get the most for each item. It is customary to start with the lowest priced item and work your way toward the highest valued one.
How to Get Great Items for Your Auction
Where does all this great stuff come from? Well, the answer varies. Here are three of the most popular ways to acquire, purchase or partner to find the best items for either a silent or a live auctions.
Buy Wholesale Items