{"id":1574,"date":"2024-01-16T09:00:11","date_gmt":"2024-01-16T09:00:11","guid":{"rendered":"http:\/\/www.loanables.com\/hub\/?p=1574"},"modified":"2025-03-19T18:43:11","modified_gmt":"2025-03-19T18:43:11","slug":"raffle-silent-auction-live-auction","status":"publish","type":"post","link":"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/","title":{"rendered":"What Works Better- Live Auction, Silent Auction or Raffle?"},"content":{"rendered":"<div class=\"iframe-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/25t5ax9wcb4\" width=\"1206\" height=\"678\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<h2><\/h2>\n<h2>Raffle vs. Silent Auction vs. Live Auction<\/h2>\n<p><strong><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-1592\" src=\"https:\/\/www.loanables.com\/hub\/wp-content\/uploads\/2018\/02\/Live-Auction-Silent-Auction-or-Raffle.png\" alt=\"\" width=\"501\" height=\"501\" srcset=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/Live-Auction-Silent-Auction-or-Raffle.png 800w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/Live-Auction-Silent-Auction-or-Raffle-150x150.png 150w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/Live-Auction-Silent-Auction-or-Raffle-300x300.png 300w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/Live-Auction-Silent-Auction-or-Raffle-768x768.png 768w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/Live-Auction-Silent-Auction-or-Raffle-190x190.png 190w\" sizes=\"(max-width: 501px) 100vw, 501px\" \/><\/strong><\/p>\n<p>When is it best to do a raffle or a silent auction or a live auction? All of these options have their advantages. Consider your audience, auction items and venue to find the best fit for your event. Typically, a silent auction is best for groups of 100 or more, with items priced $500 or below, and when there are many items to bid on. A live auction is best for groups of 100 or more, when the dollar value of the item(s) is high (over $500) and there are just a few items to bid on. A raffle is best when you have a smaller group (less than 100 people) and just a few items to bid on. Take a look at our FAQs below for more details on each option. We also share our BEST BET, the<em> combination<\/em> of all three, at the end of this blog.<\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-3903 size-full\" src=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-vs-silent-auction-vs-live-auction.png\" alt=\"Raffle vs. Silent Auction Infographic\" width=\"1024\" height=\"768\" srcset=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-vs-silent-auction-vs-live-auction.png 1024w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-vs-silent-auction-vs-live-auction-300x225.png 300w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-vs-silent-auction-vs-live-auction-768x576.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/strong><\/p>\n<h2><\/h2>\n<h2>Silent Auctions FAQs<\/h2>\n<h3>What items sell best at silent auctions?<\/h3>\n<p>Silent auctions are ideal for low to mid-priced items ($500 or less). It is also best when the organization has a large quantity of items to sell and over 100 guests attending. If there are multiple components to a prize (like a gift basket) and the items need to be examined up close, a silent auction is great because the items can be on display for guests throughout the evening. Here are some examples of items that sell best at silent auctions:<\/p>\n<ol>\n<li>Themed gift baskets- spa, food &amp; wine, sports or art-themed baskets.<\/li>\n<li>Restaurant gift certificates- coffee shops, local burger or taco places, date-night restaurants<\/li>\n<li>Personal services- spa, lash studio, nail salon, kids haircuts<\/li>\n<li>Cooking classes- <a href=\"https:\/\/www.surlatable.com\/classes\/?mrkgcl=890&amp;mrkgadid=1381952120&amp;affsrcid=AFF0005&amp;utm_source=Google&amp;utm_medium=cpc&amp;utm_campaign=83662088&amp;utm_term=cooking_classes&amp;adpos=1t3&amp;creative=255953139285&amp;device=c&amp;matchtype=e&amp;network=g&amp;gclid=CjwKCAjwusrtBRBmEiwAGBPgE-zw0J4QII_XyCD50Zx-RJzsrGIZrFaBKZpLqO1frof5MorSUHbg3BoCGugQAvD_BwE\" target=\"_blank\" rel=\"noopener\">Sur La Table<\/a>, <a href=\"https:\/\/www.cozymeal.com\/\" target=\"_blank\" rel=\"noopener\">Cozymeal<\/a>, or local chef<\/li>\n<li>Group fitness classes- yoga, barre, pilates, zumba, or body pump<\/li>\n<li>Kids activities- martial arts, music class, or tumbling<\/li>\n<li>Tickets to sporting events, concerts or other live events<\/li>\n<\/ol>\n<p>Keep in mind that silent auction items typically sell for about 50% of their stated value. This is important to understand in your fundraising goals.<\/p>\n<h3>How to Run a Silent Auction in 2022- Use new technology!<\/h3>\n<p>Silent auctions are a good option if the auction is being held as part of another event &#8211; an annual dinner or the like. \u00a0In these situations, a silent auction can be conducted in a side room or in a corner of the event space. In the past and even still some today, organizers would set up items on tables throughout the space, with paper bidding sheets in front of each item. This has historically worked fine, with bidders circling the room and checking on their items to see if they have been outbid.<\/p>\n<p>There are now a variety of technology applications to take bidding online. Advantages to this sort of online bidding system are significant. First, the bidding can start long before the event. Organizers can open the bidding the week of the event, allowing guests to view and bid early. Additionally, people who want to support the organization, but can&#8217;t be physically present at the event, can participate. Bidding can also continue throughout the event, without a guest getting up from their dinner to go check the bid sheets. Finally, organizers don&#8217;t have to chase down the winners at the end of the event to collect payment. The apps request credit card information in order to sign up for online bidding so the donations are collected immediately once the auction is closed.<\/p>\n<p>The downside to utilizing this technology is its high cost. Prices can be a few thousand dollars for use of the technology, plus the credit card processing fees will be subtracted from the donations. The organization needs to weigh whether or not it believes the benefits can add up to enough increased revenue on the sale overall, to more than cover the additional costs incurred.<\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-1588 size-full\" src=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala.jpg\" alt=\"\" width=\"2953\" height=\"2116\" srcset=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala.jpg 2953w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala-300x215.jpg 300w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala-768x550.jpg 768w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala-1024x734.jpg 1024w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala-190x136.jpg 190w\" sizes=\"(max-width: 2953px) 100vw, 2953px\" \/><\/strong><\/p>\n<h2>When &amp; How to Run a Live Auction<\/h2>\n<p>Live auctions are more fun than silent auctions because they captivate and engage the audience for a short period of time. Typically, live auctions are reserved for large, engaged groups of guests. They also work best for high ticket items like a vacation, expensive artwork or a car. Sometimes they can include items that just pull on the audience&#8217;s heartstrings &#8211; for example, a puppy from a high-end breeder. Keep the schedule to allow no more than 40 minutes\u00a0for the live auction, as guests begin to grow impatient which causes bidding to slow down or stop. It takes approximately 3 minutes for a professional auctioneer to sell an item, so you should have a maximum of 10 &#8211; 12 live auction items to stick to the 40 minute timeline.\u00a0A professional auctioneer is essential to capturing the audience&#8217;s attention and getting the most money for the items on auction. In Austin, we have the <a href=\"https:\/\/www.cowboyauctioneer.com\/\" target=\"_blank\" rel=\"noopener\">Cowboy Auctioneers<\/a> who are always a crowd favorite! Live auction items can bring in a lot more money than silent auction items, usually selling for close to or above their value, another important thing to consider in your fundraising goals.<\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1589 size-full\" src=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle.jpg\" alt=\"\" width=\"2000\" height=\"1333\" srcset=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle.jpg 2000w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-300x200.jpg 300w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-768x512.jpg 768w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-1024x682.jpg 1024w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/raffle-190x127.jpg 190w\" sizes=\"(max-width: 2000px) 100vw, 2000px\" \/><\/strong><\/p>\n<h2>Things to Consider for Raffles<\/h2>\n<p>Raffles are best for higher value prizes and times with you can have a large number of prizes. Both the value and odds of winning make the trade-off for the ticket price more appealing. If attendance will be less than 100 people, a raffle is more appropriate. It also takes far fewer volunteers to coordinate a raffle than an auction. So this is ideal for one-man or one-woman teams or small organizations without a lot of extra hands. To sell a lot of tickets, market the raffle well. Having the prize(s) front and center at the entrance can help. Also, having raffle tickets available to purchase quickly and easily before, during and after the event can maximize ticket sales. Some organizations have volunteers circulating throughout the event offering raffle tickets up until the very moment the raffle is complete. Keep in mind, there are IRS regulations concerning raffles. Any winner of a prize worth $600 or more must compete a W-2G (gambling winnings form). Pro tip: check if your organization must withhold a percentage for federal income taxes.<\/p>\n<h3>What are good items to raffle?<\/h3>\n<p>Top raffle prizes include:<\/p>\n<ol>\n<li>iPads or TVs<\/li>\n<li>Travel Packages<\/li>\n<li>Vehicles<\/li>\n<li>Luxury Experiences- like dinner for 10 with a private chef, driving a Formula 1 race car<\/li>\n<li>Pack of Live Entertainment Tickets- like a Broadway performance of Hamilton or a popular concert<\/li>\n<\/ol>\n<h3>How much do you charge for raffle tickets?<\/h3>\n<p>Typical pricing for raffle tickets is $1, $5, or $10. Sometimes organizers like to offer discounts like $5\/ticket or 5 for $20 to encourage guests to make a larger purchase. Consider the total cost of the prize, the cost of the physical tickets and any marketing costs incurred while advertising the raffle. Then, estimate how many raffle tickets are likely to sell. It is unlikely that a room of 100 people will purchase 10,000 raffle tickets. Obviously, the number of tickets per person can vary quite a bit. Here are some numbers we&#8217;ve seen at our events. At $1 each, people tend to purchase 2-5 tickets. When tickets are more like $5 or $10 each, many people will only buy 1 or 2 tickets. Using pricing strategies like volume discounts or bundling can help to increase that. Here is a <a href=\"https:\/\/www.ticketprinting.com\/Articles\/RaffleTicketPriceCalculator\/\" target=\"_blank\" rel=\"noopener\">Raffle Ticket Pricing Calculator<\/a> that may be helpful to determine the right price for your raffle tickets.<\/p>\n<h2>The Best Bet is a Combination<\/h2>\n<p>In reality, many events tend to be a blend of a silent and live auction with the option to buy a few raffle tickets for one or two key items. A good marketing strategy is to invite attendees to purchase raffle tickets prior to the event and then again at the door. Or, include a ticket or two as part of the admission. The events then start with a silent auction allowing guests to enjoy a cocktail and bid on smaller items thus warming them up for the live auction. This format invites participation as some may be attending the event as a spectator but be happy to contribute by way of buying a few raffle tickets. Others may be more comfortable with a silent auction and less likely to get into the competitive live auction bidding. And a few may be there for the excitement of the live auction. Whatever you decide to do, your will be much more successful if you spend some time in the early stages of your event planning process considering your fundraising goal, the event format, and the types of items you will be giving away\/selling.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1590 size-full\" src=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/events_nonprofitgala.png\" alt=\"\" width=\"272\" height=\"181\" srcset=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/events_nonprofitgala.png 272w, https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/events_nonprofitgala-190x126.png 190w\" sizes=\"(max-width: 272px) 100vw, 272px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>What other questions do you have about raffles vs. silent auctions vs. live auctions? Email us at <a href=\"mailto:info@reventals.com\" target=\"_blank\" rel=\"noopener\">info@reventals.com<\/a>!<br \/>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What items sell best at silent auctions?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Silent auctions are ideal for low to mid-priced items ($500 or less), where the organization has a large quantity of items to sell and a large group of guests attending (over 100 people). If there are multiple components to a prize (like a gift basket) and the items need to be examined up close, a silent auction is great because the items can be on display for guests throughout the evening. Here are some examples of items that sell best at silent auctions:nn1. Themed gift baskets- spa, food & wine, sports or art-themed baskets.n2. Restaurant gift certificates- coffee shops, local burger or taco places, date-night restaurantsn3. Personal services- spa, lash studio, nail salon, kids haircutsn4. Cooking classes- Sur La Table, Cozymeal, or local chefn5. fitness classes- yoga, barre, pilates, zumba, or body pumpn6. Kids activities- martial arts, music class, or tumblingn7. Tickets to sporting events, concerts or other live eventsnWhen considering a silent auction vs. raffle, keep in mind that silent auction items typically sell for about 50% of their stated value. This is important to understand in your fundraising goals.\"}},{\"@type\":\"Question\",\"name\":\"What are good items to raffle?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Top raffle prizes include:nn1. iPads or TVsn2. Travel Packagesn3. Vehiclesn4. Luxury Experiences- like dinner for 10 with a private chef, driving a Formula 1 race carn5. Pack of Live Entertainment Tickets- like a Broadway performance of Hamilton or a popular concert.\"}},{\"@type\":\"Question\",\"name\":\"How much do you charge for raffle tickets?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Typical pricing for raffle tickets is $1, $5, or $10. Sometimes organizers like to offer discounts like $5\/ticket or 5 for $20 to encourage guests to make a larger purchase. What is important, is that organizers consider the total cost of the prize, the cost of the physical tickets and any marketing costs incurred while advertising the raffle. Then, a reasonable estimate needs to be made as to how many raffle tickets are likely to sell. It is unlikely that a room of 100 people will purchase 10,000 raffle tickets. Obviously, the number of tickets per person can vary quite a bit, but here are some numbers we've seen at our events. When tickets are priced at $1 each, people will often buy 2-5 tickets. When tickets are more like $5 or $10 each, many people will only buy 1 or 2 tickets. Using pricing strategies like volume discounts or bundling can help to increase that.\"}},{\"@type\":\"Question\",\"name\":\"How successful are raffle fundraisers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Raffles can be very successful. It is important to start with a desirable prize and then price the raffle tickets strategically in order to maximize ticket sales while creating enough revenue to cover all of the raffle expenses. Offering discounts like $5\/ticket of 5 for $20 will encourage guests to make a larger purchase and get the organization closer to its fundraising goals.\"}}]}<\/script><!--FAQPage Code Generated by https:\/\/saijogeorge.com\/json-ld-schema-generator\/faq\/--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raffle vs. Silent Auction vs. Live Auction When is it best to do a raffle or a silent auction or a live auction? All of these options have their advantages. Consider your audience, auction items and venue to find the best fit for your event. Typically, a silent auction is best for groups of 100 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[16,32,31],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Works Better- Live Auction, Silent Auction or Raffle? - Reventals Event Rentals<\/title>\n<meta name=\"description\" content=\"Trying to figure out whether to do a live auction, silent auction or raffle for your next fundraiser? Here&#039;s how we decide.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Works Better- Live Auction, Silent Auction or Raffle? - Reventals Event Rentals\" \/>\n<meta property=\"og:description\" content=\"Trying to figure out whether to do a live auction, silent auction or raffle for your next fundraiser? Here&#039;s how we decide.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/\" \/>\n<meta property=\"og:site_name\" content=\"Reventals Event Rentals\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/reventals\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-16T09:00:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-19T18:43:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2953\" \/>\n\t<meta property=\"og:image:height\" content=\"2116\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Candace Leak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IamCandaceLeak\" \/>\n<meta name=\"twitter:site\" content=\"@reventals\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Candace Leak\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/\"},\"author\":{\"name\":\"Candace Leak\",\"@id\":\"https:\/\/www.reventals.com\/blog\/#\/schema\/person\/bda0a69e8b8791f22d867803e9126cec\"},\"headline\":\"What Works Better- Live Auction, Silent Auction or Raffle?\",\"datePublished\":\"2024-01-16T09:00:11+00:00\",\"dateModified\":\"2025-03-19T18:43:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/\"},\"wordCount\":1447,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala.jpg\",\"articleSection\":[\"Event Planning\",\"Fundraisers &amp; Galas\",\"School Event Planning\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/\",\"url\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/\",\"name\":\"What Works Better- Live Auction, Silent Auction or Raffle? - Reventals Event Rentals\",\"isPartOf\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.reventals.com\/blog\/raffle-silent-auction-live-auction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.reventals.com\/blog\/wp-content\/uploads\/2018\/02\/gala.jpg\",\"datePublished\":\"2024-01-16T09:00:11+00:00\",\"dateModified\":\"2025-03-19T18:43:11+00:00\",\"description\":\"Trying to figure out whether to do a live auction, silent auction or raffle for your next fundraiser? 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