Blog — Stellar Fundraising Auctions

lot ideas

Make a Lot with Sponsor a Spot

One of the most successful fundraising auction trends to emerge post-pandemic is the opportunity to sponsor an experience for someone else. Essentially, it is a lot where multiple donors can enable people served by the charity to do something cool or meaningful. We have typically seen this work well for service organizations that work directly with youth, but it is relevant to other organizations as well.

The lot usually consists of an experience such as attending a professional baseball game. Bidders pay a premium to sponsor individuals served by the charity to attend the event. The first time I encountered a lot like this was pre-pandemic, for a Boys and Girls Club. We had sixteen tickets to an A’s game, and we paired it with transportation and food for each youth, and offered bidders the opportunity to sponsor a youth to attend their first professional ballgame for $1,000 each. It sold out quickly.

Access to professional sports teams is an easy place to start, but there are many other opportunities out there.

Since then, we’ve seen similar opportunities with sailing excursions on the Bay, the SF Giants, the 49’ers, and more. At the Big Brothers Big Sisters of the Bay Area event this spring, we sponsored 45 Big/Little matches (90 people total) to attend either a SF Giants or SF 49’ers game at $1,000 per match.

Best of all, this did not negatively impact the fund-a-need. We still had the same number of pledges at the $1,000 level that we had in years past. It underscores that there are different types of donors: those who want to sponsor a very specific outing and those who want to simply give to the organization.  

These examples have been very focused on sports, but there are plenty of other possibilities: a trip to the Theater to see a Broadway show, a behind the scenes visit to the zoo or a museum, private screening of a film, and more.

The intent is to offer people access to something that would be meaningful to them – both donor and recipient. If you can partner with an organization and create an event that maps well to your people and your mission, you will be tapping into new potential at your next event.

The Hottest Trend in Fundraising Auctions Right Now: Buy-in Auction Lots

The type of auction lot that has seen the biggest growth and success in the past two years is the Buy-in Party. Also known as a Count Me In, Sign Up Party, or Buy a Spot: a buy-in auction lot offers bidders the opportunity to purchase tickets to attend an event on a per-unit basis. It could be per person, per pair, per table or even per team.

Buy-ins got their start at school events, where the community is tightly-knit and eager to get together and hang out with each other throughout the year. For many years, the perception was that buy-ins would only work if the majority of the crowd knew each other. Furthermore, many events believed that buy-ins could not generate significant income.

Bidders buying-in at the Boys and Girls Club of Sonoma Valley, 2023.
(Photo credit Melania Mahoney Photography)

But as larger auctions began to realize the versatility of the buy-in lot, they have evolved to become a staple of most every fundraising auction with which we work. Buy-ins give you the capacity to offer a lower level participation in your live auction while still raising the same as (or more than) you would with a single buyer lot.

In the process, buy-ins also offer bidders a “perceived bargain.” Consider a recent auction in Naples, Florida. The lowest any single lot sold for was $12,000 and the most was $52,000. We had a single buy-in for 20 couples that sold for $5,000 per couple. Bidders who otherwise wouldn’t have been able to participate in the live auction got to do so, and that one lot generated more than any other single lot in the auction.

This concept holds true for every auction. If your lowest selling lot goes for $1,000 that means there are people at your event who would love to pay $150 to be able to participate. Put together a party for 20 people at $150 each, and you have a successful lot and have engaged more bidders.

And where buy-ins were popular before the pandemic, they have seen a surge in popularity since. Auction attendees are thrilled to be back in-person, eager to do things together, and ready to get more social activities on their calendars.

If you don’t utilize Buy-In Parties as part of your live auction strategy, you are missing out on a valuable way to raise more money while enabling more people to participate in your auction. For more information on buy-ins, see our “how to” blog post, check out our list of great buy-in auction lot ideas, or contact us directly.