Our sale is not an online deal, but it isn't a traditional live auction, either. We started in 2006 with an idea to host an open house to celebrate 35 years in the Simmental business. It was really an idea to promote our program locally and an effort to build on our customer relationships. As we thot about having cattle on display, it didn't make sense not to have cattle for sale, and that kinda fed into the idea to hold a silent auction on all the cattle we displayed.
We do print a sale catalog with a minimum opening bid on every lot. We offer every calf from our current calf crop along with a selection of bred females, pairs & ET lots to draw more interest, and we invite two guest consignors who help fill in some of those gaps where we don't have the cattle we need.
We call our event Open House at the Farm, and all the animals are on display, each with an individual bid sheet. I like not having to haul the cattle, not having to run them all thru a sale ring, and not having to worry about cattle not bringing what we think they're worth without having to bid them in or No Sale anything which can be perceived as sketchy by some buyers. We're very upfront with the opening bids and we don't apologize for minimum starting bids. It's a very relaxed atmosphere, and we still get to visit with customer, and hopefully have some cattle that people bid on. The bidding helps us figure out where our cattle fall as far as what they're worth, and it gets a little more $ than if we just priced them private treaty.
We never expect to sell every lot. I budget the sale based on what we HOPE to sell or expect to move at the opening bid price. It may not be the cheapest way to get cattle sold, but I think our costs are less than most production sales & definitely less than most consignment type
sales. We usually sell 30-40 lots out of about 60 lots we catalog, and that's counting all our weanling calves, both bulls and heifers. We'll move a few of the bull calves, and the rest we'll sell by spring as yearlings. The heifers that don't move will either go back into our herd or they'll go in next year's sale as breds and be more marketable that way.
We held our first open house in 2006 and sold enough bred stuff that we needed a few years to recover numbers wise. We waited 3 years
to do another one, building our cow herd back up, and now we try to plan so we can do it every year. People tend to forget about you or find other genetic sources if you skip years in between!
We do have an online presence in marketing, but I like having people out and talking to them face to face. The online part is necessary to help expand our reach geographically, and I think the personal part is just as important to reach people closer to home who we've been doing business with for many years.
Good luck! There are LOTS of ways to do things without having to do everything the way you see most other people doing it.