One of the most valuable tools for reflecting on the year's events, particularly when utilizing bidding software like HandBid, is the wealth of data generated from each auction. This software streamlines the process of extracting reports containing a diverse range of information. These reports serve as crucial signposts for guiding projections and fostering growth in the upcoming year.
In this comprehensive 2023 recap episode, Jeff and the HandBid team analyze the data, distilling it into a collection of superlatives that encapsulate both the current year and the cumulative years of the company's operation. These categories include the highest number of bids on an item, the highest bids recorded, the total number of auction items, and the highest amount charged to a credit card at an event. The episode concludes with a detailed examination of bid breakdowns across four device categories: iPhone, Android, web, and iPad kiosks. Notably, the majority of bids come from iPhones, and the comparison between app usage and web interaction highlights an encouraging uptick in donor engagement. Leveraging this data not only adds an element of enjoyment and entertainment but also proves highly effective in honing goals and pinpointing areas of interest for the upcoming year.
Main Topics
- Most bids on an item (02:25)
- Highest bids at a Hand Bid auction (06:10)
- Auctions that generate the most bids (09:00)
- Silent auction with the most items (10:35)
- Cultivating high average bids (13:05)
- Most money put on a credit card at an event (14:25)
- Most bids placed per person (17:10)
- Most expensive auction item (19:25)
- Breakdown of bids per device (21:45)
- Benefits of bidding through apps (27:30)
- Using data for end of year reflection (32:05)
Episode Links
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