what is a silent auction (Business Opportunities - Other Business Ads)

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Item ID 2469400 in Category: Business Opportunities - Other Business Ads

what is a silent auction


A silent auction is a unique and engaging fundraising technique that has gained popularity in various charity events, galas, and fundraisers. Unlike traditional auctions where an auctioneer calls out bids, in a silent auction, participants submit their bids privately on bidding sheets or through electronic means.

The term "silent" refers to the absence of a live auctioneer's vocal announcements. Instead, attendees peruse a display of items or experiences up for bid, each accompanied by a description and a starting bid. Interested participants then write down their desired bid amount, often along with their contact information, on a bid sheet placed next to the item.

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Last Update : Dec 07, 2023 2:01 AM
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Item  Owner  : Auctionplugin
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