Whether held online or at an actual venue, charity auctions are great ways to raise funds for important causes. Many nonprofits value the convenience and flexibility online auctions offer, while others find that traditional face-to-face auctions also suit their purposes.
Many people continue to flock to exciting and engaging live auctions. Since these events are held for a limited ime only, audience members are pressured to place higher bids and enter a more competitive frame of mind. That said, unbridled enthusiasm might lead to spur-of-the-moment decisions for some bidders.
Online auctions, on the other hand, take place at a slower pace, allowing organizers to accept a higher number of thoughtfully placed bids. So long as the bidding period is still ongoing, audience members can bid any time they want while auctioneers can manage the event with just a few mouse clicks. Yet since online auctions don’t allow bidders to see the items they’re bidding for in person, authenticity and trust are paramount when it comes to online auctions.
That said, it would be wise to hold such an event through an auction website that provides a secure environment for both bidders and auction organizers. Here at eBay Giving Works, for example, we make it a point to screen everyone involved in the bidding process to ensure a fair and competitive playing field.