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Business Articles - Silent Auction Fundraisers - Auction Item Set-up a Top Priority
There is nothing more frustrating than attending a silent auction fundraiser where auction items have been haphazardly displayed. Visually pleasing auction tables are a high priority! You want bidders to get excited about the auction items displayed at
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
your fundraising event. Your goal is to encourage people to bid on silent auction items – not pass them by.
How you set up auction tables depends on the actual number of auction items and the amount of space you have to work with. Go out to your venue
How you set up auction tables depends on the actual number of auction items and the amount of space you have to work with. Go out to your venue
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
nd physically pre-determine where you are going to set up silent auction tables. Do a configuration of how you want to place the tables and make sure you allow plenty of “elbow room.”
It is wise to set up “mock” tables before the day of the fundraising
It is wise to set up “mock” tables before the day of the fundraising
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
event to show how you want the auction items arranged. When arranging mock tables, remember to place a bid sheet beside or in front of each item. Bid sheets are printed on 8 1/2” x 11” paper and take up a fair chunk of space on the table.
Collect or cu
Collect or cu
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
out 8 1/2” x 11” pieces of cardboard in case you need to “mount” a bid sheet, e.g., when displaying a picture on a wall, hang the bid sheet with a cardboard backing from the picture itself. The cardboard backing gives bidders a hard surface to write on
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
Use ribbon, raffia, or twine to attach the bid sheet to auction items. (Use a foldback clip to attach the bid sheet to the cardboard.)
Tables are normally 6 or 8 feet long and 4 feet wide. You can use both sides of a 4-foot-wide table to display items
Tables are normally 6 or 8 feet long and 4 feet wide. You can use both sides of a 4-foot-wide table to display items
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
as long as the tables are not pushed up against a wall. Use tulle, painted cardboard scenes, fabric, stars, shapes, etc., as dividers down the center of tables, to utilize both sides of the length of the tables.
If tables are pushed up against a wall
If tables are pushed up against a wall
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
use easels, stands, etc., behind the tables or use the wall itself to display items, e.g., pictures and sculptures.
Depending on the number of items you have collected, you can either place items sporadically or sort them into specific categories such
Depending on the number of items you have collected, you can either place items sporadically or sort them into specific categories such
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
as food/dining, jewelry, spa/health/fitness, sports, travel, children, etc.
Drape fabric over your auction tables to make them look more appealing. Fabric stores will often lend you a bolt or two of material in exchange for a mention in your evening’s
Drape fabric over your auction tables to make them look more appealing. Fabric stores will often lend you a bolt or two of material in exchange for a mention in your evening’s
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
rogram.
“Skirting” the silent auction tables is an alternative to using fabric. Hotels, restaurants, and golf clubs normally have an abundance of skirting and table linens on hand. Make sure you pre-arrange skirting and linens with the venue coordinato
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
.
If you cannot get your hands on fabric, skirting, or table linens, use a roll of newsprint from the art room at the local school. Get students (or parent volunteers) to paint a theme on the paper and tape it around the tables. You can get creative wi
If you cannot get your hands on fabric, skirting, or table linens, use a roll of newsprint from the art room at the local school. Get students (or parent volunteers) to paint a theme on the paper and tape it around the tables. You can get creative wi
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
th artwork, it all depends on your theme! (This idea is great when doing a silent auction as a school fundraiser. Get the kids involved!)
If using fabric or table linens, place small-to-medium sized boxes UNDER the fabric to make “display stands” for a
If using fabric or table linens, place small-to-medium sized boxes UNDER the fabric to make “display stands” for a
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ction items. For example: a set of earrings would be more noticeable displayed higher than other items. It is also wise to keep “original” gift certificates with the event cashier(s) and display “mock” certificates in plexi-frames on the silent auction
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
ables.
By using fabric, skirting, and/or newsprint, you not only make your tables more appealing, you create space under the tables for hiding boxes, bags, packaging, etc. (This space comes in very handy for volunteers’ purses, water bottles and shoes
By using fabric, skirting, and/or newsprint, you not only make your tables more appealing, you create space under the tables for hiding boxes, bags, packaging, etc. (This space comes in very handy for volunteers’ purses, water bottles and shoes
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
rom sore feet!)
People like to SEE and FEEL what they are bidding on! Never display items in their original packaging, e.g., take the toaster out of the box and put a couple slices of bread in it!
Auction items don’t necessarily have to be placed on t
People like to SEE and FEEL what they are bidding on! Never display items in their original packaging, e.g., take the toaster out of the box and put a couple slices of bread in it!
Auction items don’t necessarily have to be placed on t
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
bles – utilize floor space, easels, room dividers, etc., when planning your layout. Get creative and arrange plants, furniture and other large auction items in groupings. (Make sure you have individual bid sheets attached to the items so bidders know th
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
y are part of the auction!) When displaying lamps, try to locate them near a plug – they look so much more appealing lit up.
Cello-wrapped wine, food, and spa baskets are great in auctions, although you don’t want an overabundance of them. If it is dif
Cello-wrapped wine, food, and spa baskets are great in auctions, although you don’t want an overabundance of them. If it is dif
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
icult to see what is inside a particular basket, list the contents so that guests know what they are bidding on.
It is also important to ensure auction items are in good shape, clean, and in proper working order, e.g., batteries in the flashlight!
As
It is also important to ensure auction items are in good shape, clean, and in proper working order, e.g., batteries in the flashlight!
As
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
final touch place tea lights, sparkles or colored glitter on auction tables to help create a theme or enhance the ambiance.
After ensuring the auction tables are properly set up, it is prudent to have volunteers man the tables. They will keep an eye o
After ensuring the auction tables are properly set up, it is prudent to have volunteers man the tables. They will keep an eye o
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
the bid sheets, ensure the bid increments are being placed correctly and answer any questions bidders may have. In essence, the volunteers become the “salespeople” of the visually pleasing auction tables you have taken so much time and effort to set up
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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