Anyone Have Much Luck in Including a Gift Certificate in Auctions?

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Discussion Overview

The thread centers around the experiences of participants regarding the inclusion of gift certificates in silent auctions, particularly in relation to Pampered Chef products. Participants share their personal practices, concerns, and outcomes related to this approach.

Discussion Character

  • Anecdotal
  • Opinion-based

Main Points Raised

  • One participant, identifying as a consultant, mentions including a $10 gift certificate with a themed basket for a school auction and seeks feedback on its effectiveness.
  • Another participant shares their experience of donating a $25 gift certificate with each basket, noting that about half of the recipients contact them to use it, which helps build their customer base.
  • One user inquires about the process of printing their own gift certificates and requests samples from others.
  • Another participant suggests searching the files section for a gift certificate template they found useful.
  • One participant emphasizes that larger gift certificates, like $25, are more likely to be redeemed compared to smaller ones, and mentions the importance of obtaining the winner's contact information.
  • A participant expresses concern about the financial implications of offering a $25 gift certificate, given their tight budget, and seeks clarification on how the redemption process works.
  • Another participant encourages doing what one can afford and shares a positive experience of receiving multiple inquiries after donating Pampered Chef items to a raffle.

Areas of Agreement / Disagreement

Views differ on the optimal value of gift certificates to include in auctions, with some participants advocating for larger amounts while others express concerns about affordability.

Contextual Notes

Participants share personal experiences and practices related to silent auctions and gift certificates, reflecting a range of financial situations and strategies for engagement with potential customers.

Who May Find This Useful

Consultants considering the inclusion of gift certificates in auction donations may find the shared experiences and insights relevant to their own practices.

J
jesusluvsu2005
Messages
386
My daughter's school is having a silent auction. Each classroom has a themed basket. Hers is garden stuff. I wanted to include a gift certificate (good only through me) in with the garden item. I am thinking of giving a $10 gift certificate and a catalog along with a garden item. Has anyone had much luck with stuff like this? Thanks!
God bless,
Amanda
 
I give a GC with each basket I donate, I usually don't donate a big product or alot of items. Usually some gadget stuff and then I do a $25 GC. I have about 1/2 of the people contact me to use the GC but that is the only way I have to get them to contact me and then in turn add them to my customer base and be able to follow up with them for future shows, purchases, etc. Otherwise you are just giving a product away....
Some people I know offer to increase the GC value if they book a show, etc.
Hope that helped. Good luck.
 
Do you just print out your own GC with your information on it? Does anyone have a sample of what they use?
 
  • Thread starter
  • #4
go to the files section and search for gift certificate. There was an awesome one there that I found but I don't know how to link it here. HTH! :)
 
Definitely always put a gift certificate in. The larger it is (like $25), the more likely it will actually be used. Sometimes the $10 ones just don't. Also, if there is any way to get the info of the person who wins, THAT is nice since they just forget to call and then feel it's too late.
 
  • Thread starter
  • #6
My concern is being able to pay for the $25 item. We live on a very tight budget and I don't know what month they'll redeem it or what my finances wil be like when they want to redeem it kwim? I'm not really sure what to do on that. How does the gift certificate work? Do we order the item with our discount, how do you all do it? Thanks!
God bless,
Amanda
 
Do what YOU can afford. People LOVE PC things int he raffles...the last raffle I donated to, the gal told me the PC raffle had the most tickets in it. They had NBA tiockets, baseball tickets, Nordstroms, etc....

She let me put some biz cards next to the basket...had 5 people call me the next day (2 bookings and 3 orders).
 

Frequently Asked Questions

1. What are the benefits of including a gift certificate in an auction?

Including a gift certificate in an auction can attract more bidders, as it offers flexibility and choice for the winner. It can also increase the perceived value of the auction item, making it more appealing. Additionally, it can help promote your brand, especially if the gift certificate is for a popular product line.

2. How can I effectively promote a gift certificate in an auction?

To effectively promote a gift certificate in an auction, highlight its value and the variety of products available. Use engaging visuals and descriptions to showcase the items that can be purchased with the certificate. Additionally, consider creating a buzz on social media or through email marketing to draw attention to the auction.

3. What is the ideal value for a gift certificate in an auction?

The ideal value for a gift certificate in an auction depends on the target audience and the products offered. Generally, a value between $25 to $100 works well, as it is significant enough to entice bidders while still being affordable. Consider the average spending habits of your audience when setting the value.

4. Are there any specific strategies for bidding on a gift certificate?

When bidding on a gift certificate, consider setting a maximum bid limit based on the value you believe it offers. Monitor the auction closely and be prepared to increase your bid if necessary. Additionally, consider the popularity of the products associated with the gift certificate, as this can influence its desirability.

5. Can including a gift certificate help raise more funds for a charity auction?

Yes, including a gift certificate can help raise more funds for a charity auction. It can attract a wider range of bidders who may be interested in different products. Additionally, the flexibility of a gift certificate can encourage competitive bidding, ultimately increasing the final sale price and benefiting the charity.

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