online auction fundraisers

1. The Functioning of Online Auction Fundraisers • Fundraisers for charity have always depended on various set methods, the most common being organizing gala dinners, the at re and movie shows, and the most effective one, staging auctions. However, the majority of charities around the world have taken a hit, what with the Covid-19 pandemic and social distancing norms keeping people indoors.Fortunately for these non-profit organizations, sites providing online auction fundraisers facilities have come up as a solution. These sites are an alternative to the traditional auction environment offering the same settings. The only difference is that no people are milling around at these online auction fundraisers and participation can be over the Internet from any place on earth. • How do these online auction fundraisers work?Whether you are buying or selling items at online auctions, you have to register on the site. This is necessary to monitor the bidding, know the winning bids, have an inventory of the items displayed, and build a database of buyers and sellers for references. If you are organizing online auction fundraisers, have a separate email account to track the progress of the auction.Online auction fundraisers sites have a fixed time during which the participants can take part in the bidding. Since people are not present physically at the auction, this is a way to motivate potential bidders to place their bids quickly. If bids are not received within the designated period, the auction is closed without a winner and the items remain unsold.Several payment modes are offered by online auction fundraisers like personal checks, credit and debit cards, money orders, and cash on delivery. As soon as payment is received from the bidders, the funds are transferred to the organizers.