5 Best New Auction Sites for 2024

The world of online auctions is evolving, and 2024 brings a fresh wave of auction sites that cater to various needs, from fundraising to unique product launches. In this article, we will delve into five exciting platforms - Bidddy, Give Butter, NTWRK, Bonterra, and QGiv - exploring their features, advantages, drawbacks, and pricing structures.

1. Bidddy

Bidddy allows you to host auctions on Instagram. This gives your charity access to more donors and allows you to bring the auction directly to where your donors engage.

Pros

• Creates engagement out of bids

• More chance for virality on Instagram

• Very responsive support

Cons

• No donor management integrations

• Requires solid social media skills

• Restricted to your Instagram feed for free tier

Pricing

• Free: One-off auctions are free and open to anyone. Comes with limited support.

• Event: Starting at $1000 you get access to a custom event page, payment support, non-instagram bidder support, and more. Comes with full support from the team.

• Hire: For a hourly rate, hire the Instagram auction experts to help you with social auction strategy, event planning, and more. This plan comes with priority support from the team.

Reach more donors on Instagram

Looking to engage new and existing donors? Instagram Event Auctions are great for in-person events, corporate philanthropy campaigns and more.

Create an Event Auction

Simply a flat-fee & 0% commission.

2. Give Butter

Give Butter is a versatile fundraising platform that allows organizations to host auctions as part of their fundraising efforts. It caters to non-profits, schools, and individuals looking to raise funds for a cause.

Pros

• Comprehensive Fundraising: Give Butter goes beyond auctions, offering a suite of fundraising tools, including donation pages and event ticketing.

• User-Friendly Setup: The platform is known for its easy setup process, enabling users to launch auctions quickly.

• Customization Options: Organizations can customize their auctions with branding elements, creating a more personalized experience.

Cons

• Transaction Fees: Give Butter charges transaction fees, which can impact the total funds raised.

• Learning Curve: Some users may experience a slight learning curve, especially if they are new to online fundraising platforms.

• Limited Auction Focus: While versatile, Give Butter may not offer as many specialized features for auctions as dedicated auction platforms.

Pricing

Give Butter operates on a commission model of 2.9% + 30¢. The big difference is that donors can choose to cover this fee for you!

3. NTWRK

NTWRK is a platform that combines e-commerce and entertainment through live and exclusive product drops, often featuring popular influencers and celebrities.

Pros

• Unique Product Drops: NTWRK specializes in exclusive product launches, creating a sense of urgency and excitement among users.

• Live Shows: The platform features live shows with celebrity hosts, adding an entertainment element to the shopping experience.

• Cultural Relevance: NTWRK taps into pop culture, making it appealing to a younger and trend-focused audience.

Cons

• Limited Auction Variety: The focus on product drops may limit the diversity of auction items available.

• Higher-End Market: NTWRK may cater more to a higher-end market, potentially excluding budget-conscious consumers.

• Limited Non-Profit Focus: NTWRK's model may not be the best fit for non-profits or organizations seeking to raise funds for charitable causes.

Pricing

NTWRK's pricing structure varies based on the type of event and collaboration. Sellers may incur a flat fee or a percentage of the transaction.

4. Bonterra

Bonterra is a fundraising platform that specializes in technology-related fundraising products. Founded in 2021, they believe that companies can do even better by “doing good” — actively creating a positive impact on the world.

Pros

• Tech-Focused: Bonterra caters to non-profits of all sizes, corporate philanthropy, public agencies and more.

• Quality Assurance: The platform may implement quality control measures to ensure the authenticity and functionality of tech products.

• Community Engagement: Users can connect with like-minded individuals who share an interest in technology.

Cons

• Niche Market: The focus on technology may limit the appeal to a broader audience interested in diverse auction categories.

• Limited Non-Tech Items: Those seeking non-tech items may find the platform lacking in variety.

• Competition: The tech market is competitive, and Bonterra may face competition from established e-commerce platforms.

Pricing

Bonterra charges sellers based on a commission model, taking a percentage of the final sale price. Additional fees may apply for premium listing features.

5. QGiv

QGiv is a comprehensive fundraising platform that includes auction features, enabling organizations to host online auctions for charitable causes.

Pros

• Integrated Fundraising: QGiv seamlessly integrates auctions with other fundraising tools like donation pages and event registration.

• Mobile-Friendly: The platform is optimized for mobile devices, allowing users to participate in auctions from anywhere.

• Donor Management: QGiv offers donor management tools, helping organizations build and maintain relationships with their supporters.

Cons

• Transaction Fees: QGiv charges transaction fees, which can impact the overall funds raised by organizations.

• Learning Curve: Some users may find the platform's extensive features a bit overwhelming, requiring time to master.

• Limited Auction-Only Features: While suitable for comprehensive fundraising, QGiv may not have as many specialized features as dedicated auction platforms.

Pricing

QGiv operates on a tiered pricing model, with plans starting at $25 per month. Additional fees may apply for specific features, such as unlimited auctions and advanced customization.

Conclusion

As the online auction landscape continues to evolve, these five platforms - Bidddy, Give Butter, NTWRK, Bonterra, and QGiv - offer diverse solutions for individuals, organizations, and philanthropic businesses. Choosing the right platform depends on specific needs, whether it's hosting exclusive experiences, fundraising for charitable causes, or launching tech products. Be sure to carefully evaluate the features, pros, and cons of each platform to determine the best fit for your goals in 2024.