A fun and exciting way to raise money for your organization or cause is to hold a Chinese Auction. While these fundraisers traditionally have been held at a charity, festival or other event, they now are also conducted on the Internet by way of a Chinese Auction website.
A Chinese auction is a combination of a raffle and an auction. The difference between a raffle and a Chinese auction is that in a raffle with multiple prizes, there is one “hat” from which names are drawn, but in a Chinese auction each prize has its own “hat.” This allows ticket buyers to choose which prize to focus on, as opposed to having a first, second, third, etc. prize.
In a Chinese auction, bidders buy tickets, which are chances to win items. Bidders buy as many tickets as they like, and bid them on any item(s) they want by placing one or more ticket in the “hat” beside the item(s) they are trying to win. At the conclusion of bidding, one winning ticket is drawn from the “hat” beside each item, and the item is given to the owner of that ticket.
A bidder may increase the chance of winning by buying and bidding more tickets on a specific item. Although there is generally no limit to the number of tickets a given individual may bid on a specific item, the chance of winning depends on the total number of tickets bid by all individuals.
Chinese Auctions have become very popular on the Internet. By creating a Chinese Auction website, you can reach people throughout the country who might be interested in bidding on your items and/or supporting your organization or cause. This makes it possible for you to raise much more revenue than if you held the Chinese Auction in person at a local venue.
The following are examples of Chinese Auction websites created by Bitochon. Please click on each design to view information about that particular site.
WHAT FEATURES DOES IT HAVE?
If you decide to purchase our “We Do It All” option we create a customized design for your Chinese Auction. We can create the design to match your theme.
Each of our websites comes equipped with an administration back-end module so you can manage your website. You can maintain the content, prizes and more.
Integrated Shopping Cart
Customers can browse, search and add prizes or packages to their shopping cart.
You can add customized coupon codes that allow users to obtain discounts when they checkout.
You can create your own custom categories to match the theme of your auction.
The system is equipped with a number of reports to help you manage your auction, including an option to export tickets to utilize in your drawings.
If you decide to purchase our “We Do It All” option we take care of all the data entry for your auction. We also will upload prize and product photo if you provide them.
Shut Off Time
You can choose to specify when your auction will end. The system will not allow customers to purchase any more prizes after the specified shutoff time.
You can define prizes and/or packages for your Chinese Auction. For example, you can create packages such as “X” dollars buys you “Y” dollars in prizes.
Multiple Payment Methods
You can accept multiple payment methods such as credit card, PayPal or Google checkout.
The system allows you to define and display your sponsors for each prize.
FREQUENTLY ASKED QUESTIONS ABOUT CHINESE AUCTIONS
Q. What is a Chinese Auction?
A chinese auction is a combination of a raffle and that are usally done by not for profit organizations or charites. Examples: Churches, Schools, Synagogue, Etc. The tickets are sold for a set amount and are then put in a box. The drawers then picks out the winning ticket and that ticket holder wins that prize. The drawer then moves to the next proze to draw.
Q. Can any organization run a chinese auction?
Yes. It is a very popular fundraiser.
Q. Can you have a Chinese Auction annually?
Many organizations run an annual chinese auction and each year they raise money. People love to win prizes.
Q. Can I raise Money?
Yes. You can raise money and the amounts depend on how you market, run and manage the chinese auction.
Q. What are prize packages?
Prize packages are a great way to raise even more money. A prize package is a deal that allows a customer to purchase more tickets at a discount rate. Example: You can have a package that says $100 dollars buys you $150 dollars in prize tickets. This excites the customer to get more for their money and allows you to sell more as opposed to the customer buying a smaller amount.
Q. What type of prizes are best?
Alot depends on your target audience and what they like. In most Chinese Auctions we’ve seen electronics do pretty well.
Q. What type of prize values should I have?
Again, alot depends on your target audience. You get go multiple ways either have many little prizes, major prizes or a combination.
Q. How does the Chinese Auction work?
You sell tickets on the website to all your prizes. When your ready to start the Chinse Auction the bidding prices ends on the website and you print all tickets by prize. The tickets are then stuffed into a box. Each prize will have their own tickets. When the chinese auction beings you start with the smaller prize. The box is opened and the drawer picks out a random ticket. The ticket that is drawn is the prize winner for that prize. You then move on to the next prize.
Q. Do I still need advertise?
Yes. You still need to advertise the fact that your organization is conducting a chinese auction. The only difference is you can now advertise everywhere. Send out email blasts, advertise on other organization sites, banner ads, PPC, or other marketing is needed. You can even send out a press release for your organization. Get creative!
Q. Can I use the Chinese Auction website next year?
Yes. There are no fees associated with using it for subsequenct years other then hosting, domain names, SSL, or if you want us to enter/upload data/pictures for you or if you want us to create you a new auction book. If you choose to use us to do the work next year it entitles you to any updates.