Friday 16 May 2014

Tips For Planning A Successful Art Auction Fundraiser

By Minnie Whitley


There are a number of ways through which fund can be raised so as to meet a specific objective. Planning an art auction fundraiser is a suitable manner for raising funds. In such an auction the artist donate their pieces of artwork which are then presented to the bidders at various bid prices. This way of raising fund has been noted to be very productive and it also accrues a lot of benefits with it. The artworks donors benefit from directly publicity that is accorded to them. The buyers get quality pieces of art work and finally the ultimate objective of the fundraiser is met.

For a fundraiser to be effective and efficient then the combined hard work of organizers, bidders and the artists is required. The auction process tag along these stages; one we have the determination of the venue, secondly the action of obtaining the pieces of artwork, followed by the production of both the item and buyers lists, the printing of the biding sheets and finally setting a day for the fundraiser.

When one is organizing this kind of an event then he or she should consider some elements first. These factors are basically known as the principles to be followed while setting up a fund raiser. In this list contains; Information the artists; artists must be told of the profit they are going to get, which is primarily the publicity. Also publishing guidelines which are used to guide the art donation process is essential, this is followed by the establishment of an updated catalogue carrying the information on artists plus that of their artworks.

Another key element to be followed is, getting a suitable auction house which is followed by setting a great seating arrangement which makes sure that the top preferred bidders get the best seats. The management is also expected to hire qualified auctioneers with adequate experience of doing fundraising auctions.

The mode through which these pieces of crafts are arranged for presentation should aim at fitting these artworks to the surrounding this should be done so that the bidders can make high bids, it is clearly known that artworks bids are determined but how best they suit a situation. On the same it is crucial to have adequate information about the artists as well as their artworks. This information ought to be readily dispatched to the bidders at need, this helps to boost the morale of buyers and hence they can make higher bids.

On the other hand there are some things that organizers and the artists are expected not to do. Firstly the artists are advised not to overstate the value of their artwork subsequently they are asked to state their normal prices. Secondly the choosing of non eloquent presenters is highly disregarded; playing around with words is not acceptable hence one is advised to make simple but appealing short statements which attract the attention of bidders.

Disposing by artists is not advisable; artists are expected to present their best pieces of artwork. This should be done because some of the knowledgeable bidders can easily tell when the artist is contented which their presentations or not, consequently this could lead to low bids.

In short fundraisers are excellent ways for acquiring money. They are very beneficial to the involved parties and they should be guided by some principles which ensure that everyone enjoys a great time and its goals are realized.




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