Consumers spend billions of dollars a year on impulse buys at retail stores. The reason: Retailers strategically display products in front of their shoppers.
Just think of the hundreds of people roaming the mall on any given Saturday afternoon. Some of these mall shoppers will purchase items they have been saving for, but many will buy items they are seeing for the first time. That’s because mall shelves are stocked with highly desirable items displayed in ways that encourage people to open their wallets.
In other words, people have money to spend if the right products are put in front of them in the right way.
Are you pairing unique, valuable products with a strategic floor plan and irresistible displays at your silent auction?
Raise more money by curating an auction catalog worth talking about. Click here to get the ultimate list of “400+ Silent Auction Item Ideas” and jumpstart your procurement process.
Learn from luxury retail professionals! Check out our infographic below detailing tips and tricks to turn your silent auction into a lucrative, high-end shopping experience.
As every luxury retailer knows, the perceived value of an item is much more important than the value of the item itself. Elevate the status of your event and the perceived value of all your items by including big-ticket items and once-in-a-lifetime Experiences in your silent auction.
To use no-risk Winspire Experiences in your upcoming auction—which take only minutes to reserve and cost you nothing unless they make a profit for your organization—check out our catalog of over 200 incredible travel packages.
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