Online auctions are an effective way for nonprofits to raise money for their cause. Online auctions are also great for nonprofits that need funds quickly because they can take place in less than an hour.

7 Tips for Conducting an Online Auction:

1. Set a realistic budget and timeline
2. Create a fundraising goal
3. Get your board’s approval
4. Decide on the type of auction you want to host (live or silent)
5. Build your auction team
6. Connect with your donors and supporters
7. Track your progress

The iConnectX platform is a free online auction sites for nonprofits that has a free ticketing system for nonprofits. This allows organizations to generate revenue from their events and fundraisers. The iConnectX platform also includes an event management system, which is used by over 50,000 organizations worldwide.