Tuesday, January 14, 2014

Factors To Consider When Doing A Fundraising Art Auctions

By Marissa Velazquez


Today, various groups all over the world carry out fundraising events. Different events can be organized so as to raise a certain amount of money for a particular cause. In most cases, these events are carried out so as to create awareness and in the process raise funds for a unique cause. One of the most effective ways of doing this is by carrying out fundraising art auctions.

Auctioning of art is very common today as many art lovers can easily give money so as to acquire these valuable commodities. For one to hold a successful event several factors need to be put into consideration. It is very crucial that the right kind of guest to be invited. This ensures that you target the right kind of people who are interested in paintings and sculptures that can quickly sell.

Art works are very beneficial as they can be used to decorate, preserve history and add value of a particular place. Collectors of different works are the main target group of such functions. In most cases they are people who have a deep love and appreciation for human artistic talent. Such people do not mind spending large sums of money to acquire valuable works that they admire. Well known collectors frequent many galleries and museums all over the world in search of displayed talent.

Having well priced art work can be a significant boost to a fundraising auction. Before picking work from various artists, it is advised that you should agree on the amount of money that they expect to get. This is done by setting the minimum bid for a particular commodity. When placing a minimum bid it is important to ensure that the initial minimum bid is not too high.

Choosing an experienced auctioneer can have a great impact on the level of success of a particular event. This is very crucial especially if the guests are experienced in analyzing works done by different artists. In most cases, an inexperienced auctioneer would have shallow taste and poor selection of words when it comes to describing good work that shows great talent. Also, they may not have the ability to spark interest in the bidders and collectors who may have come with great expectation.

Getting the right kind of publicity goes a long way in ensuring that your event attracts serious buyers. Regulating the kind of pieces that are displayed is another crucial factor that should be well handled. An artist should always endeavor to put forward their best pieces so as to ensure they are bought at the best price.

This also ensures that the various art works can be well exhibited before the auction begins. It is advised that artists should first get to know what cause they are supporting before they can give their work to be auctioned. The best way to go about this is by doing a back ground check on that particular organization through online means.

If an artist does not support a certain cause it is important that they do not participate as such an event can give them negative publicity. Having a well planned event can be very beneficial to both buyers and artists. Also, artists are encouraged to work with organizers who have a good track record in managing successful fundraising art auctions so as to boost their image and increase their publicity.




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