The Benefits of Free Auction Sites

With the social distancing norms after the Covid-19 pandemic in place and the many benefits that free auction sites have to offer, it is not surprising that fundraisers are now choosing this route over traditional auctions.

What are some of the benefits that free auction sites bring to the table?

·      Online auction sites have stringent data security norms in place. They are highly-secured platforms with strict implementation of donor protection guarantee programs and all personal information provided by participants are insulated from breaches.

·    Free auction sites are cost-effective when compared to traditional auctions. There is no need to hire a venue or an auctioneer and the items do not have to be physically carted to the venue. Instead, the photos of the items are displayed on the site. Hence for fundraisers, free auction sites are a high-profit proposition. Further, the sites offer fully-managed services like registration of the participants, displaying photos, conducting the bidding, and declaring the winners.

·     Free auction sites are precisely what the name suggests – FREE. No charges are levied for conducting the auctions and the page can be set up in minutes with the photos of the items on sale. Only third-party fees like those charged by payment gateways have to be paid. Then how do these sites sustain themselves? They are helped by a community of generous donors who ensure that these sites function well so that fundraisers on a tight budget can raise money to carry out their activities.

·      Fundraisers can track progress of the auction and know in real-time the quantum of funds raised 24x7 thereby getting an accurate estimate of the success of the event.

These are the benefits of free auction sites.