Raising Money in Tough Times - Three Points to Consider For Your Benefit Auction

Last week, one of my clients emailed me an articleAfter I'd had some time to reflect on this, I realized
released in March by the Association for Fundraisinghow ridiculous I was being. Her experience had nothing
Professionals. The article begins by stating, "Less thanwhatsoever to do with me. In time, I found a different
half of charities raised more money in 2008 than inprogram that resonated more clearly with me ... and I
2007, and fundraising dropped significantly across theexperienced the same success! I just needed to
board." The rest of the article was equallymarch to my own drum.
discouraging.People are different, just as organizations are different.
But as I am still hearing dread-and-fear questions, IYou can buck conventional wisdom which suggests
have decided to address this topic again. This time, I'myour fundraising year is going to tank. Your experience
coming out of the trenches to approach the topic fromin fundraising can be entirely different from the
a higher level.non-profit operating down the street.
Here are three points to consider.Decide what type of year you want to have, and
1. Don't believe everything you read.keep focused on that goal. Tell the unique story of
Or look at this another way. If you ARE going toyour organization. Share your mission. Stay on course.
believe everything you read, at least be more particularDon't be sidetracked by others negativity.
about what you read.3. Is it the economy, or your (lack of) efforts?
It's easy to become complacent or depressed if you fillOuch! This can be a tough pill to swallow, but it's true.
your mind with negative news. A friend recently jokedSometimes it's easy to blame external forces for our
with me, "Do you know what CNN stands for?" sheproblems, when the reality is we haven't put forth any
asked. "Constant Negative News."effort. How many phone calls have you made to
Instead, look for the success stories. Seek out therecruit volunteers? How regularly is your solicitations
positive. Read those instead.committee out looking for donors? How many new
Need some help?ideas have you vetted? How much are you investing
On February 15 while waiting for the barrista to makein your auction to make it better?
my chai tea in Miami, I noticed the front page of theYear-after-year, some events do run like a well-oiled
Miami Herald. The headline read: "When Leonardauction machine. That's great, but don't rest on your
Abess Jr. sold his Miami bank, he gave away $60laurels! You might be surprised that the machine
MILLION - out of his own pocket -- to employees. Adoesn't as effortlessly move this year. You might want
tale of loyalty repaid."to spend some additional care to ensure all runs
This guy even tracked down former employees tosmoothly.
present them with a check. Some received tens ofThis is a good year to figure out budget priorities. Here
thousands of dollars. Keep in mind that this story wasare a few hints about what WON'T make you
in Miami, one of the cities hardest hit in the recession.money.o A killer local band will not help you make
When asked why he did it, he said he'd longedmore money.o Elaborate centerpieces will not help you
dreamed of a way to reward employees for helpingmake more money.o Beautiful decor will not help you
him in his business.make more money.o An expensive venue will not help
I bought that paper. It was the first time I'd purchasedmake you more money.
one in several years.What will help you make more money?
Here's another gem: In 2008, the majority of theInvesting in a well-rounded benefit auctioneer who is
auctions our firm has conducted outperformed 2007not only talented on stage, but can explain the
auction numbers. At this point in 2009, 50% of ourpsychological techniques behind the auction. Secure
auctions are outperforming 2008 auction numbers. Issomeone who can provide expertise on improving
this our luck, skill, hard work, or a combo of all three?auction yields, advice on structuring a timeline which
2. Their experience doesn't need to be yourencourages guests to give, and ideas on how to
experienceinspire traditional non-givers into donating. The
A few years ago, I participated in a weight reductionpersonality behind the podium will only take your
program. Part of that process was to share stories ofauction so far ... it's the tools applied prior to the event
day-to-day challenges. I remember feeling frustratedwhich will ensure you are maxing out possible
that one woman was able to follow the plan so easily,donations.
whereas I was struggling.