online auction bidding sites

1
Online Auctions A Boost to Fundraising Efforts

• When the Covid-19 pandemic struck the world and
  lockdowns and social distancing norms were
  strictly implemented, the first victim was the
  fundraising efforts of charitable institutions.
  For them, auctions are very critical for raising
  funds and that took a hit as the usual gala
  dinners, movie and theatre shows were banned.
• This is where online auction bidding sites began
  to take center stage and came as a blessing in
  disguise.
• For those not used to the functioning of online
  auction bidding sites, the initial experience can
  be quite overwhelming. There are no participants
  crowding the halls, no auctioneer with a paddle
  conducting the events, and no items on display
  physically. Though the same energy levels of a
  physical auction are missing, online auction
  bidding sites are no less exciting than their
  traditional counterparts.

2
Benefits of online auction bidding sites Online
auction bidding sites have become very popular
because of the immense benefits that they have to
offer. Here are some of the most useful for
fundraisers. Buyers from different sections of
society participate in the auctions. Hence, there
will be people with varied interests, increasing
the chances of all your items being picked up at
the auction. The reach and scope of online
auction bidding sites are unmatched. The Internet
is not demarcated by physical boundaries and
hence people from all corners of the globe bid
for the items. This again increases the chances
of all items being sold out. But again, you
should be prepared for international shipping and
delivery of the winning bids as that might be
quite complex.
3
Online auctions are very convenient. Bidders
participate from the convenience of their homes
or from any suitable location at any chosen time.
Further, every item on the site is well cataloged
and described with clear photographs and
selecting and bidding becomes that much easy.
Bidders can carry out their routine life while
bidding on the go from any Internet-enabled
device without being bogged down the whole day at
a physical auction.
4
Participation is therefore much higher at online
auction bidding sites because of this
convenience. Unlike their physical
counterparts, online auctions are not rushed
through and need not be completed in a day.
Fundraisers can keep the auction running for days
thereby providing people with the opportunity to
place their bids at leisure. However, there
should be some time restrictions to motivate the
bidders to make the auction more competitive. A
great advantage of fundraising on online auction
bidding sites is that items do not have to be
moved from the sponsors and the donating
merchants to the auction halls. The products are
directly shipped from their location to the
winning bidders and only the photographs are
displayed on the sites. These are some of the
many benefits of online auction bidding sites
that have helped to fill the vacuum of the usual
physical auctions.