Best Practice – Make It Profitable
No matter the type of auction, be it storage, benefit, fundraising, livestock, or ANY other type, the scale always tips in favor of a live auction. The very nature of live auctions lend themselves to an excitement that does not come with silent auctions. A live, face-to-face auction follows the adrenaline of the caller, the heartbeat of the bidders, and the rapt attention of the onlookers. All of the senses are engaged as it becomes a setting for quick thinking and bold (or sly) bidding, in an effort to be the one to walk away with the prized item. Compare that atmosphere to one with people hunching over small, white, rectangular pieces of paper trying to decide if another dollar or 5 will really be worth adding to their bid. Left to their own thoughts, without any encouragement, a person may end up walking away second guessing their bid, or worse yet, they may decide to forgo even leaving one. Live auctions can be classy, casual, fun, or serious, and with the right auctioneer they will never be boring!