Private & K-12 Schools · Silent Auctions

Will big-ticket items sell at a smaller school event?

Your private or K-12 school silent auction can handle a big trip, even if the room is small.

Sound familiar?You’re helping plan a silent auction for a private or K-12 school. The parent committee is worried about putting a big travel package on the table. What if no one bids on it, and the bid sheet stays empty? It’s the school’s biggest fundraiser of the year, and you want every item to sell.

At a private or K-12 school, the annual auction is often run by parent volunteers. A small room might make you think a big trip won’t sell. But the real question is whether you have two interested families, not the size of the crowd. School families often plan vacations anyway, so a good trip gets attention.

There is no cost to put a package on the table. You only pay for an experience if it sells, keep 100% over the cost, and can sell experiences multiple times if the bidding gets hot. The recommended starting bid is 15 to 20 percent above the school’s cost, so you make money from the first bid. The same package can be sold to more than one family when bidding is competitive, which happens often at school events.

The next step is to browse the experiences and reserve what you like. Giveback XP sends marketing materials, and you can add items even the day of the event. If a package doesn’t sell, you owe nothing. That makes it safe to put a big trip on the table without any risk to the school’s fundraiser.

After the event, you send the winners’ details and the travel team handles everything. The school keeps the profit, and the families get a trip they were going to buy anyway. Your auction raises more money without any extra risk.

More Questions from Private & K-12 Schools Events

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