newchefmommy
- 159
Quarter Auctions: Experiences & Tips
- Thread starter newchefmommy
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Discussion Overview
This thread explores participants' experiences and insights regarding quarter auctions, including their outcomes, strategies, and considerations for hosting such events.
Discussion Character
- Anecdotal
- Opinion-based
- Exploratory
Main Points Raised
- One participant, identifying as a consultant, is interested in hearing about others' experiences with quarter auctions and their results.
- Another participant shares their experience attending a quarter auction, noting a successful turnout and the need for sufficient stock to make it profitable.
- Several users mention the importance of following state laws and possibly needing a gaming license to conduct a quarter auction.
- One participant describes the structure of a quarter auction they attended, detailing the process of bidding and the items available.
- Another participant shares their positive experience at a quarter auction, receiving significant orders and bookings, and expresses interest in improving their approach for future events.
- One participant mentions their ongoing participation in monthly quarter auctions, highlighting their success and charitable contributions.
Areas of Agreement / Disagreement
Views differ among participants regarding the profitability and logistics of hosting quarter auctions, with no clear consensus on the best practices or outcomes.
Contextual Notes
Participants share personal experiences and insights based on their involvement with quarter auctions, reflecting a variety of approaches and results.
Who May Find This Useful
Consultants interested in exploring quarter auctions as a potential business strategy or event format may find the shared experiences and insights valuable.
christinaspc
Silver Member
- 1,245
janetupnorth
Gold Member
- 14,814
L
ltkacz
I have not done a quarter auction, but have been to my aunt-in-laws quarter actiont hat she had with home and garden party. She had an awesome turnout.
I would love to do that with PC, just you need to have a lot of stock to do it, and there's the break-even point, etc. I don't think it's profitable unless you earn items for free, or have a couple of consultants go in on it together.
If you would like to know how she ran it, let me know.
I would love to do that with PC, just you need to have a lot of stock to do it, and there's the break-even point, etc. I don't think it's profitable unless you earn items for free, or have a couple of consultants go in on it together.
If you would like to know how she ran it, let me know.
newchefmommy
- 159
L
ltkacz
The way my Aunt-in-law did it was like this.....
Everyone who came who wanted to participate bought a $5 paddle with a number on it. She also had poker chips with corresponding numbers on in. When you "bought" the paddle, she took the chip and put it in a bucket - this is what she used to draw the numbers from. The paddle was used to put in the air to make sure that she had at least 5 people bidding on an item at all times - if not 5 people - that item didn't go up for auction. She told everyone in advance to bring at least a roll of quarters with them. You took a seat at a table - where there was a catalog and order form (for ordering direclty out of the catalog) and she had a small bucket at every seat to toss your quarters in. she started the auction, and Items ranged from 25 cents to $2. She would hold it up and say this item is 50 cents - if you wanted to bid on it, you would toss your 50 cents into the bucket and put your paddle in the air. When everyone was ready, and she had at least 5 paddles in the air she would start drawing the poker chips and read off the number. If it was your number you one the item.
She had new items, discontinued items, items she might have used durring a demo - and she made it clear that was the case. She also had some cash and carry items as well.
Every so often she would say - ok, it's comercial break - and she would let you know about upcoming specials, or how great it is to host, or how great it is to be a consultant. It was a fun filled evening. She also had a couple of items for a raffle - and she was selling raffle tickets as well as you earned raffle tickets when you brought a munchie to pass or a guest.
Since it was home and garden party - she had everyone go home with a Jar candle - so at the very least you went home with that.
It was a blast. I would love to do it, just trying to amass items, is somewhat difficult, I'm not sure how I would bust even, unless I charged $10 for each paddle. I need to think it out a bit more.
Everyone who came who wanted to participate bought a $5 paddle with a number on it. She also had poker chips with corresponding numbers on in. When you "bought" the paddle, she took the chip and put it in a bucket - this is what she used to draw the numbers from. The paddle was used to put in the air to make sure that she had at least 5 people bidding on an item at all times - if not 5 people - that item didn't go up for auction. She told everyone in advance to bring at least a roll of quarters with them. You took a seat at a table - where there was a catalog and order form (for ordering direclty out of the catalog) and she had a small bucket at every seat to toss your quarters in. she started the auction, and Items ranged from 25 cents to $2. She would hold it up and say this item is 50 cents - if you wanted to bid on it, you would toss your 50 cents into the bucket and put your paddle in the air. When everyone was ready, and she had at least 5 paddles in the air she would start drawing the poker chips and read off the number. If it was your number you one the item.
She had new items, discontinued items, items she might have used durring a demo - and she made it clear that was the case. She also had some cash and carry items as well.
Every so often she would say - ok, it's comercial break - and she would let you know about upcoming specials, or how great it is to host, or how great it is to be a consultant. It was a fun filled evening. She also had a couple of items for a raffle - and she was selling raffle tickets as well as you earned raffle tickets when you brought a munchie to pass or a guest.
Since it was home and garden party - she had everyone go home with a Jar candle - so at the very least you went home with that.
It was a blast. I would love to do it, just trying to amass items, is somewhat difficult, I'm not sure how I would bust even, unless I charged $10 for each paddle. I need to think it out a bit more.
newchefmommy
- 159
PampMomof3
Gold Member
- 5,567
Flamingo
Gold Member
- 914
kelly6oh
- 22
I don't want to hijack this post but I just went to a quarter auction last night. For my first time I think I did well without really knowing what i was doing. I learned a lot on what I want to do next time. 
I received over $100 in orders, 2 potential bookings and over $160 on the items I brought to be auctioned off. I was happy with the outcome. I have two more in August and this time I want more contacts so I will be doing a raffle of some sort. Any other ideas from seasoned quarter auction folks?
Thanks.
Kelly
I received over $100 in orders, 2 potential bookings and over $160 on the items I brought to be auctioned off. I was happy with the outcome. I have two more in August and this time I want more contacts so I will be doing a raffle of some sort. Any other ideas from seasoned quarter auction folks?Thanks.
Kelly
newchefmommy
- 159
PampMomof3 said:
I really did well. There was 25 vendors there. I had 4 items to auction off and received over 300 dollars in quarters, sold 75 dollars worth of products and booked 1 show. Since this one I have done 2 others and have 3 this month to do. These are really a lot of fun!
Frequently Asked Questions
What is a Quarter Auction?
A Quarter Auction is a fun and interactive fundraising event where participants bid on items using quarters. Each item has a designated number of quarters required to bid, and participants can win items by raising their paddles when their number is called. It's a mix of a raffle and an auction, making it an exciting experience for everyone involved.
How do I prepare for a Quarter Auction?
Preparation for a Quarter Auction involves several steps. First, secure a venue and set a date. Next, gather items for auction, ideally a mix of donated and purchased items. Promote the event through social media, flyers, and local community boards. Additionally, prepare the necessary supplies, such as paddles, quarters, and a sound system for calling numbers.
What types of items are best for Quarter Auctions?
Items that tend to do well at Quarter Auctions include popular household products, gift baskets, and services. Pampered Chef products, for example, are great because they appeal to a wide audience and are practical for everyday use. Consider including a variety of price points to attract different bidders.
How can I maximize attendance at my Quarter Auction?
To maximize attendance, start by promoting the event well in advance. Utilize social media platforms, create an event page, and encourage attendees to invite friends. Offering incentives, such as early bird specials or raffles for attendees, can also boost interest. Partnering with local businesses for sponsorships or donations can help spread the word and increase visibility.
What tips do you have for running a successful Quarter Auction?
To run a successful Quarter Auction, ensure you have a clear plan and timeline for the event. Have a reliable auctioneer who can keep the energy up and engage the crowd. Make sure to have enough quarters on hand and consider having a designated area for participants to purchase them. Lastly, keep track of the bids and winners efficiently to maintain the flow of the event.
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