3 Ways Bid Beacon Can Help You Raise More Funds (And Keep a Higher Percentage!)
Increase the profitability of your fundraising events with our comprehensive mobile bidding app
Ultimately, every business or organization that hosts a silent auction shares the same end goal: to raise as many funds as possible for a specific initiative. Thus, maximizing the profitability of these events is always a priority.
The issue, however, is that most businesses and organizations have tried the traditional methods of improving their fundraising results and still aren’t completely satisfied.
So, where do you go from here?
By now, you’ve likely heard about the many benefits of silent auction software. After all, 30 percent of auction events today utilize some form of mobile bidding, and the numbers are moving in an upward trajectory. However, even for those who are aware of how engaging and convenient bidding apps can be, taking the plunge to invest in one can be met with hesitation.
After all, business owners and organization leaders want to be confident that they will see a return on their investment.
At Bid Beacon, we completely understand. It is for this exact reason that we have intentionally designed and developed our silent auction app to help event hosts keep a higher percentage of the funds they raise.
Here Are Three Ways Bid Beacon Can Help You Raise More Funds (And Keep A Higher Percentage):
1. Fixed Pricing (With No Surprises)
Many fundraising apps make you pay extra if you raise more money than you originally expected, or charge an additional fee for “premium” features. This often leads to event organizers spending more than they expected to implement mobile bidding at their fundraiser – a surprise that could impact the overall success of your event.
At Bid Beacon, however, we take a different approach. Instead of charging our users a percentage of their overall earnings, we offer a transparent, straightforward flat rate. Simply choose the package that works best for the expected size of your event, pay the fee, and never worry about it again!
You won’t be caught off guard by hidden fees, additional charges, or increasing percentage rates.
Why do we do it this way? Because we believe that cost efficiency is one of the most crucial benefits of a mobile bidding app.
Click here to view our clear, no-nonsense pricing options today.
2. Large Screen Display
Being able to display auction items and other pertinent information on a large screen is without-a-doubt one of the benefits of silent auction software that our clients appreciate most.
Whether you want to highlight an auction item that isn’t getting much attention, display a leaderboard of your most active bidders, or draw attention to an extra-special auction item that you know will be a major hit, the choice is completely yours!
It is also fantastic when it comes to getting your guests to interact, since event organizers can display highest bids, and more, all from their easy-to-use fundraising app.
Since 93 percent of people consider visual appearance to be the key deciding factor in a purchasing decision, it’s reasonable to conclude that the addition of a large screen and the ability to clearly view available auction items will increase the amount of bids you receive.
Just another one of the benefits of a mobile bidding app!
3. Push Notifications
One of the most frustrating things about traditional silent auctions is that guests are often unaware of the fact that they’ve been outbid. Since all bidding is conducted via pen and paper, guests are forced to constantly browse through various bidding sheets in order to stay ahead of their competition.
Thankfully, with the help of our Bid Beacon silent auction app, this no longer has to be the case.
We incorporate push notifications, which are sent to your guests whether or not they are logged into the app, the same way Facebook or other popular apps send you notifications.
This ensures that your guests are always informed if they’ve been outbid. Whether they have stepped out to use the bathroom, are enjoying conversing with their tablemates, or just decided to check out the delicious hors d’œuvres, they will receive an update to their phone the instant anything changes.
This functionality is one of the most compelling benefits of silent auction software, since apps that use push notifications see 4-7 times more engagement than those without.
With the help of these highly-valuable features, you can keep your guests engaged throughout your event and keep bids rolling in.
And the best part? With Bid Beacon, the more bids you receive, the more money you get to keep! It really is that simple.