Thursday, September 9, 2010

How to Fund-raise with an Art Auction

®            Look for artists who are willing to donate art. Let them know that art auctions give them a chance to  receive free publicity, and disclose how you plan to promote the event.

®            Help the artists choose a minimum bid for their work. You will want to convince the artist to keep the price in a reasonable range in order to prevent scaring off potential buyers.

®            Make sure the venue you choose is spacious. It will need enough wall space to display the different pieces of art. Use lights and backgrounds to highlight the works.

®            Put together a program that gives the artists' biographies as well as information about the works up for auction.

®            Hire a personable and experienced auctioneer who is knowledgeable about art. You want the buyers to be entertained as they bid on the pieces. If they are in a good mood, they are more likely to spend more money.

®            Provide notes to the auctioneer on the artwork being sold. The emcee should be able to provide a detailed description to the potential buyers.
 If you are overwhelmed by the requirements, don't do everything yourself. 
Hire Raising the Bid! that has experience working art auctions.