Five main traps when fundraising.

While planning your next Fundraising event there are several key aspects you need to take into consideration and certain things you need to be aware of, in order to make the right decision when it comes to selecting a fundraising organisation to help you.
Below are five Traps that lie out there, waiting to snag you:
1) Commissions. Some companies will charge a commission on YOUR Donated items! Yes, they aim to take a percentage on the sale of items you have worked hard to procure, at no cost.
With Ezybidz this is not the case. We have never before charged any commission on donated items or services and will never do so in the future. When you choose Ezybidz, you get 100% of the funds on your donated items and 100% of funds over the cost price on consignment items! In addition to this you will be assured of the most professional service and the most amazing donated items without any unnecessary commissions.
2) Authenticity of items. When the guests at your event are bidding on an item, they certainly want to know if the item is real and unquestionably authentic. This can be a deal-breaker in obtaining a successful bid on an item that will benefit your fundraising event. Worse still a faulty item or bad experiences which can come from unexperienced companies could put guest off supporting your charity again in the future!
Ezybidz has been in the industry for over 15 years and buys from only reputable sources, some for over a decade. All items come with a certificate of authenticity issued by Ezybidz, who stand behind their products, 100%.
3) Hidden charges. One thing you must be aware of when deciding on your Fundraising partner is the hidden charges that may arise. At Ezybidz Fundraising Solutions, we can offer our technology and services, along with aspirational (and sought after) experiences and items, all with NO upfront or hidden charges. We are a fundraising solutions company and our main aim is to help you gain as many funds as possible for your charity.
Some companies charge a fee if your guests lose their bidding card, which they can’t participate in the auction without. Beware of these costs.
4) Paying for the system when it comes to electronic bidding, there is always a sophisticated system involved and most IT companies charge their customers to use their electronic bidding system.
Ezybidz does not. We aim to provide our world-leading electronic system at NO-cost, so both you and your guests can enjoy the simplicity of electronic bidding, with no hit to your bottom line!
5) Event staffing coordinating a Fundraising event can be a rewarding but overwhelming task, especially when faced with running an electronic auction! While volunteers are supremely beneficial, they may fall short on expertise in fundraising auctions. So where do you turn?
Ezybidz will arrange professional staff who are dedicated to help you succeed in exceeding your Fundraising goals! We call our team: Customer Service Representatives (CSR), who will run both the Live and Silent Auction, including collecting payments to completely relieve you of the stress. This comes at NO-cost, and with up to a dozen CSR’s able to be provided for your event, think how much the IT companies offering electronic bidding will charge for that!
So while organising your next fundraising event, be aware of these 5 hidden traps that are out there and be aware of the possibilities that arise by choosing Ezybidz. Just remember, Ezybidz Cares!

When it Comes to Fundraising, Go for Big Wins… Not Small Savings.

For most fundraisers, it is estimated that about 75% of that time and effort necessarily involves maintaining the status quo… making sure that this year’s big event raises a couple more dollars than last year’s, and that our big donors give a little more this year than last year. These activities keep our programs active and our fundraising stable in light of inflation.

Most of us spend at least 75% of our time just maintaining that fundraising status quo. That only leaves 25% of our time and energy for everything else.

How do you spend that 25%?
Lots of fundraisers spend a lot of that 25% on trying to control costs and achieve savings in fundraising. They spend 20 hours on the phone trying to get flowers, entertainment and linens for the next event donated in-kind to the organization, and another 4 hours trying to figure out if they can cut costs by culling their mailing list.

The net result of all this cost-cutting, penny-pinching, and attempted savings is a couple of thousand dollars extra for the non-profit each year, and peace of mind when the board treasurer grills us on our budget projections for the year to come.

What this push for savings and cost-cutting doesn’t do, though, is move your organization forward in any real way. It doesn’t help you leap forward in your revenue, accomplish big things, or help more people.

Going for the Big Wins An organization with big plans needs to be encouraged to stop focusing on saving every penny they can and instead focus on going for the big wins. They have to decide whether they are going to use that 25% of their time on small budgetary wins or large fundraising wins that will really move their non-profit ahead.

The right answer is always to spend that 25% focused on the big wins.

Imagine if your fundraisers were focused on big wins like a new major gift or finding new, capable board members, instead of spending their time trying to wring a couple of extra dollars out of your vendors, or worried about whether they can spend $100 taking a donor out to lunch.

Of course, non-profits should not be reckless with their spending. But so many organizations are so scared of spending money that they miss the big picture truth: a new $10,000 donor will have far more positive impact for your non-profit, over the long run, than saving $1,000 on your travel expenses.

So… how is your fundraising team spending that 25%? If you’re not focused on big wins, now is the time to start.

The 4 questions you need to ask to see if your fundraising is on the right track

If you’re wondering whether or not your fundraising is headed in the right direction, there is news for you: healthy development programs require a lot more than just steadily increasing revenue. Sure, raising more this year than last year is important, but to be certain that your growth is sustainable, you need more.
There are four simple questions that you can ask to immediately find out whether or not a fundraising program is on the right track for steady, rapid growth… and where the organization needs some work. Take a minute to answer these four questions for your non-profit to see how strong your development program is:
Question #1: When is Your Next Newsletter Coming Out, and Who is Responsible for It?
Do you know when your organization’s next newsletter is coming out? If not, would you know where to look up the answer? Do you know who is responsible for getting the newsletter out the door?
Planning is a key trait of successful non-profits. Good fundraising plans require deadlines and responsibilities – meaning that for every goal, there are deadlines when certain actions will be accomplished, and it is clear who will be responsible for each action. How strong is your non-profit’s fundraising plan?
Question #2: What is Your Donor Retention Rate?
Donor movement is a fundamental discipline of strong non-profits. You must have a plan for moving your donors through the fundraising funnel, and you have to know where each donor stands and how successful you are at moving donors through the funnel.
If you don’t know your current donor retention rate, it is highly likely that you are not moving donors through the funnel efficiently or tracking them effectively.
Question #3: Why Should Donors Give to Your Organization – Today?
Quick! In 30 seconds or less, can you give a great explanation of why donors should care about your organization and make a donation today?
Your non-profit’s case for support is a key foundation for successfully raising more money each and every year. If you don’t have a strong and compelling case statement, or if you and your team aren’t grounded enough in that case statement to be able to give a short, compelling reason to give at a moment’s notice, chances are that your fundraising will suffer.
Question #4: How Many of Your Current Donors Came through Referrals?
Did you know that the single best source of new prospects for your fundraising program is referrals from current donors, board members, volunteers and other supporters?
What percentage of your current donor base came through referrals from other donors? If you don’t know the answer to this question, it is probably because your non-profit isn’t focused on referrals or doesn’t have a referral system in place.
Focusing on referrals can significantly increase your donor pipeline and will help your organization dramatically increase fundraising revenue.
Take some time to answer the four questions above. If there are some questions you don’t know the answer to, or some answers that you think could be better, don’t fret – these four questions are a starting point for better fundraising. Once you answer them, you’ll know where you need to focus your energies in the year to come.