Blog Charity Auctions Today Mobile Bidding Silent Auction

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How to Organize a Mobile Bidding Silent Auction

• A mobile bidding silent auction is an effective
  way to raise funds. Bidders compete to win their
  preferred items within a specific time frame
  after organizers declare the winners, receive
  payment, and make arrangements for shipping and
  delivery.
• There are two ways that bidding is conducted at a
  silent auction.
• The first is through bidding sheets that are
  placed in front of each item on display. These
  sheets have 10 to 15 rows and bidders, after
  inspecting the items write their bids on each
  row. No auctioneer is calling out bids and hence
  this type of auction is known as a silent
  auction. At the end of the scheduled period, the
  bidding sheets are checked and the winners
  declared.

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Mobile bidding silent auction has taken silent
auctions to the next level. Auction attendees
have to download software on their
Internet-enabled devices such as a smartphone or
tablet. The items for auction are displayed on
the websites and can be seen through the
software.
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A bidder can participate in real-time by placing
bids as the auction progresses. The alternative
in a mobile bidding silent auction is to set a
maximum bid in the software that will continually
bid on behalf of the participant until the set
price is reached. The silent auction process is
simplified to a great extent by mobile bidding
and also results in higher bids. This is mainly
because the participant is not rushed to place a
bid and can do so at leisure and convenience
(within the auction schedule). Studies have shown
that mobile bidding silent auction brings in bids
that are on an average three times more than that
of bidding sheets.