Consignment Fundraising: What Every Nonprofit Should Know Before Their Next Gala

Are consignment items hurting your nonprofit auction — or are you leaving serious money on the table by not using them?In this episode, Trevor Nelson sits down with fundraising auctioneer Dan Lyles to set the record straight about consignment travel packages in nonprofit fundraising.Together they break down what actually works, what to avoid, and how to double (or even triple) your live auction revenue without cannibalizing your Fund a Need.What you'll learn:- What consignment actually is (and the working definition every nonprofit should know)- How to sell the same item multiple times in one live auction- Why consignment doesn't steal from your fund-a-need- How to structure a 5-7 item live auction for maximum revenue- The "no exposure" model — and why there's no risk if items don't sell- Red flags when choosing a consignment partner- How to use consignment items to identify new mid-level and major donors- Why the donor experience post-event matters more than the sale itself- How to market consignment items pre-event to pack the room with ready buyersChapters:00:00 Intro00:37 Setting the Stage for Consignment Conversations03:30 Understanding Consignment: Definitions and Examples06:57 The Role of Consignment in a Fundraising Event10:10 Maximizing Auction Success with Consignment Items13:58 No Risk, No Exposure: The Benefits of Consignment19:53 Identifying Potential Bidders and Auction Strategies25:32 The Importance of Donor Experience28:25 Choosing the Right Consignment Partner38:30 Using Experiences as Marketing Tools42:25 BONUSHave a question or topic you'd like us to cover? Let us know https://hgafundraising.com/ask-your-questions/🔗 *CONNECT WITH US* 🔗Connect with Trevor on LinkedIn: https://www.linkedin.com/in/trevor-nelson-b8922a167/Connect with Dan on LinkedIn: https://www.linkedin.com/in/daniel-lyles/Book Dan for your event: https://danlylesauctions.com/Follow Hey Nonprofits! on LinkedIn: https://www.linkedin.com/showcase/hey-non-profits-raise-more-money/💙 *ABOUT HGA FUNDRAISING* 💙This episode was brought to you by HGA Fundraising. The team at HGA helps event fundraisers create auction success with the most profitable (and mission focused) auction items in the space. Trips and experiences that excite donors, ignite bidding, and help your organization RAISE MORE MONEY.To learn more about HGA Fundraising click here: https://hgafundraising.com/trips-and-experiences/Sign up to receive the HGA Fundraising newsletter to receive fundraising insights from the brightest minds in the space: https://hgafundraising.com/subscribe-to-newsletter/Feeling stuck with your fundraising? No matter where you are at in your journey, HGA offers FREE coaching for fundraisers: https://hgafundraising.com/nonprofit-coaching/