Risk-Free Consignment Auction Items

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Are you concerned about finding enough donated items for your auctions? Don't worry, we have the solution :). 

 

Our group of preferred partners specialize in providing risk-free consignment items to nonprofits - and risk-free means no payment upfront! 

 

These partners are experts who will help you select the right items for your audience and provide all the images, descriptions, and pricing information you need. This is a fantastic option for an organization either looking to build their entire auction event on consignment items or for those that would like to augment their auction item offerings.

We currently offer the following categories of risk-free auction items. 

Your Client Success Manager will make email introductions to our partners so you can talk with them directly and select items that are right for your auction event.

 

  • Travel & Experience Packages 

  • Jewelry

  • Sports, Celebrity, and Entertainment Memorabilia

  • MORE - COMING SOON!

All items come with a cost-to-nonprofit price. The nonprofit collects the dollar amount the item sells for, minus the base cost. For example, if an item is priced at $500 to the nonprofit and the item sells for $1500 at auction, the nonprofit will receive $1000. The nonprofit pays nothing for the item until after it has been sold.

Below is a sampling of images that showcase the type of products, experiences, and travel packages that are available for your auction.

For more information, contact your Client Success Manager or email questions@zgive.com.

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Objections To Using Risk-Free Consignment Items

 

“We already have a lot of great items donated.”

With Risk-Free Consignment Items:

• Higher caliber of an items than what is typically donated free and clear

• Higher bidding ceiling than donated items.

• Consignment items are targeted towards your high-net-worth donors. They are also a good way to identify new large donors.

 

“I don’t want consignment items to take away money that donors may spend on items we have gotten free and clear.”

With Risk-Free Consignment Items:

 

• Do not compete with anything you have solicited.

• Typically, a higher-priced item, thus not targeting bidders coming in on budget. This bidder has the purchasing power to bid on both consignments and donated items if they wish.

“Our donors think 100% of the proceeds go toward our organization” 

Do your auction participants also think that 100% of their sponsorship or ticket goes towards the organization? Of course not. With an in-person auction you spend money on the venue, catering, alcohol, decorations, entertainment, printing, etc. You are spending money on several things to create an environment conducive to maximizing your revenue and providing your attendees with a memorable evening.

“It’s not in our budget.”

Consignment companies don’t get paid unless their items actually sell at your event. Since you receive a very generous portion of the minimum bid, there is no way you can lose money on them. The point of fundraising events is to raise as much money as possible for the organization. Consignment allows you to do this while taking no risk whatsoever. If something doesn’t sell, you aren’t out a penny.