BiddingForGood Hosts a Community of Over 300,000 Bidders
Cause-minded shoppers drive dollars to deserving nonprofits and schools
June 10, 2012 Cambridge, MA - BiddingForGood, a marketplace that connects consumers and marketers to nonprofits and schools by hosting online and live charity auctions, is pleased to announce that their online Bidder Community has spiked to 330,000 and counting. This number reflects an increase of 40,000 bidders in the month of April alone. The BiddingForGood online Bidder Community is a group of cause-minded shoppers who shop on BiddingForGood while supporting the fundraising efforts of thousands of U.S. schools and nonprofits.
This announcement arrives just as BiddingForGood is about to cross a milestone of $160 million raised for causes from their charity auction events.
BiddingForGood's online shopping community has proven very powerful in bringing additional revenue to the nonprofits and schools who open their auctions to this community. Nonprofits and schools who open up their bidding to this bidding community raise an average of 52% more than those who do not. "Nonprofits are always pleased and somewhat surprised to see how much more they raise just from our bidder community alone," says BiddingForGood CEO Jon Carson.
All nonprofits and schools using BiddingForGood auction services have the opportunity to open their auctions to the BiddingForGood 330,000-member Bidder Community free of charge, as part of the auction management platform.
The company continually works to improve the "shopping experience" for bidders in an effort to help maximize the fundraising efforts of their nonprofit clients. These bidders have high discretionary purchasing power, with an average household income of more than $150,000, and 24% having a net worth over $1 million.
The feel-good shopping model allows bidders to bid on or purchase items such as vacations, sports tickets, dining gift certificates, spa packages, electronics, retail gift cards, entertainment, and unique experiences.
About BiddingForGood
BiddingForGood BiddingForGood is a charitable e-commerce company that connects fundraisers, shoppers and businesses. Online auctions powered by BiddingForGood have generated over $160 million for nonprofit organizations and schools. Many of the top private and public schools and nonprofits in the country use the BiddingForGood platform. The 330,000+ shoppers in our Bidder Community are buying unique and valuable items across our many auctions - all to support the important organizations and causes they care about. Businesses are unlocking new sources of value while managing their philanthropic outreach and impact, and are discovering unique, powerful ways to reach new customers within our community. Visit www.BiddingForGood.com for more information.
