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Leveraging Promotional Tools on eBay to Improve Your Nonprofit Auctions
by: Michael Saunders Auctions are excellent tools for diversifying funding streams for nonprofit development professionals. The emergence of ubiquitous online access have made online auctions an excellent vehicle for nonprofits and charities to raise funds while engaging stakeholders and other consituencies in their causes. eBay, the leader platform for online auctions also provides a number of offerings for running nonprofit auctions. Running a charity auction on eBay is simple, but getting the most from your efforts involves developing a strategy and understanding the ins and outs of eBay. Luckily eBay provides lots of information on how to be successful using their services. eBay wants you to be successful. Essentially, if their sellers are not making any money, eBay is not making any money – or not enough money. eBay does have one other very small source of revenue, which comes from the sellers. This revenue is realized from the promotional tools that actually help you, as a seller, have more successful auctions.
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Leveraging Promotional Tools on eBay to Improve Your Nonprofit Auctions Page 2
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