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Online auctions tap into the multiple ways that people choose to donate to nonprofits. This allows you to increase donations and grow your donor base.
Online auctions for nonprofits are a great way to raise funds for your nonprofit. They are an effective way of engaging with people, getting them to donate and also to get them more involved in the work that you do. Below are 3 facts about online auctions. Take a look.
- Online auctions provide a sense of urgency and excitement which will encourage more donations.
- The success rate of an online auction is much higher than the success rate of traditional fundraising methods (e.g., direct mail).
- You can use the money raised from an auction for anything you want, not just for one specific cause or project.