ArticlesReader.com Menu
Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup
Search the articles

Articles Main Categories
Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing
Subscribe
Receive alert message from us when new articles submitted to our site for free.

Enter your name

Enter your email

Syndicate

















Related Products
Home::All

Silent Auctions – All Done? All Done? Sold!

Author : Ken Snow
Silent auctions are a way of disposing of auction items without employing the services of an auctioneer – one of the main reasons silent auctions are popular as charity and organizational fundraisers. Here’s how it works.



The items to be auctioned are put on display. For example, a chamber of commerce may have solicited goods and services from people in the community for sale at an annual chamber banquet or other event. If youÂ’re interested, you simply browse through the offerings. Find something you like? Bidding is easy. You just pick up a pen and write down your name along with what youÂ’d pay for that item



The point is that you’re not bidding “in the dark” like sealed bid auctions. In that case, you submit your bid in writing in a sealed envelope. The envelope is opened and the highest (or lowest, as the case may be) bidder is notified. But in silent auctions, you have the opportunity to see what someone else bid on a particular item. Often, you can even see who submitted that bid, though some silent auctions assign numbers for your bidding to ensure anonymity.



If you enjoy auctions, there are some real pros and some cons to silent auctions. One of the biggest pros is that there’s no need to stand around and wait for the item you’re interested in to come around – a process that sometimes takes hours. Instead of waiting until the auctioneer comes to that item, you can just walk around and bid on whatever catches your eye.



If you think that the excitement of bidding against another bidder is absent from silent auctions, think again. The bidding can sometimes become fierce with several people “guarding” the item they are bidding on to watch for opposing bidders. When that happens, the people who are most interested in the item may get into a “silent” bidding war, just as in a traditional auction. One will barely wait for another to move before placing a new bid.



One negative of the silent auctions is that you have to watch an item youÂ’re interested in. Typically, there will be a notice that the auction is about to draw to a close so that you have one last chance to check the status of your bids, and to make one last bid.



Another negative is that itÂ’s more difficult to make small increment bids that really count. The best way to scare off other bidders and potential bidders is to simply make a large jump in your bid amount.



Silent auctions can be a good way to raise money, and can be incredibly fun for the bidder.


Article Source: http://www.articledashboard.com





To get more information about Silent Auction visit www.bestsilentauction.info.





Spam emails More free articles

Related articles


  1. Drop Shipping Secrets and Sources Revealed
  2. Maria’s New Lifestyle: Short Story About The Benefits Shopping On The Net Has Given
  3. Buying Used Dell Laptops, PC's and Servers on eBay - How to be successful
  4. Rent A Coder & Other Service Auctions
  5. The 3 Minute Auction and Minute Auction Explained
  6. How to Generate Extra Cash in an Instant
  7. Top 10 Free Online Wholesale Resources
  8. eBay's Latest Fee Increases--Is this the beginning of the end?
  9. Is The eBay Fee Increase Actually Good For Business?
  10. So What Are YOU Going To Do About eBay's Fee Increases?
  11. Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction
  12. Taxing eBay Part Deux
  13. How To Compete With Amazon.com
  14. Taxing Your eBay Profits
  15. Ebay And Dropshipping, A Marriage Made In Heaven?
  16. The Secret To Real eBay Success
  17. Dropship Your Way To Ebusiness Success
  18. When It Comes To eBay, Don’t Follow The Herd
  19. Real Estate Auction Action - Buying A Home At Auction
  20. Drop Shipping Is Your Perfect Home Based Business Solution
  21. How To Cut Your eBay Fees By More Than 90%
  22. Authentic or Fake?
  23. The Quickest Way To Have A Product To Sell On The Internet
  24. Image Hosting For Online Auctions
  25. EBay: No Way…Yes Way (Ten Seller Themes)
More related feeds
Silent Auctions - All Done? All Done? Sold!
Silent auctions are a way of disposing of auction items without employing the services of an auctioneer - one of the main reasons silent auctions are popular as charity and organizational fundraisers. Here’s how it works. ...

Auction Block a success!
All of our pieces sold, over $2500 was raised for local arts and cultural organizations, and fun was had by all. We had delicious food by Tempo, wine from Clearfield Liquor, and wonderful help from a great group of volunteers. ...

I can copy and paste as well. I am too lazy to di...
Read this book of Joshua -- read of the slaughter of women, of wives, of mothers and babes -- read its impossible miracles, its ruthless crimes, and all done according to the commands of Jehovah, and tell me whether this book is ...

Japan Carry Trade Utterly Dead Now!
I then correctly connected all this to the growing export powers of Japanese industries. And all this was connected back to the fake depression in Japan. I then predicted that if the other G7 nations imitate Japan like China has done, ...

I'm from the Government, and I'm here to help...
The Government plans to introduce legislation in Parliament that, if enacted, will affect all items acquired and resold (not sold for the first time) on or after July 1, 2009. To see just how confusing this legislation is likely to be, ...

Sushi/Silent Auction
We housed all the items at my house and I was responsible for making up the 100 plus guest gift bags along with all the Silent Auction Gift Baskets. (all bags were donated by the way) Todd took on the display sheets. All in all we had ...

West Covina Sunrise Rotary Club Newsletter Wednesday, October 4, 2006
Please contact Gary Lawson to sign up to help. Don’t forget we share in the profits for this event, and so far we have not done any work………. Center for Aging Resources: Join Vatche for the Fifth Annual Silent Auction, Fundraiser and ...

Bid sheets for silent auction. Log procurement, donors, and ticket ...
The bidder must have an assigned bid number bidding in the silent auction is done by entering a bid number all values shown on bid sheets are fair market value, in that they are based. And check-out guests as well as any other auction ...

Mittens and Socks
They went off to be sold at the silent auction at Emily's school. I did get two new skeins of sock yarn from Janice of French 75 fame and I will turn one of them into the little pumpkins socks I saw on Ravelry. ...

Pile 'o Love - Part 4
She decided to "git 'er done," and look at the result! All the animals and numbers were cross-stitched on after the initial strip was made. This work of art will be donated to the Good News Community Kitchen's annual fundraiser in ...

 


 

© 2007 articlesreader.com - All Rights Reserved