Traditional Auctions

1. Traditional Auctions - The seller offers the product for a base price and shoppers bid for it. The shopper with the higher bid wins the product.
2. Reverse Auctions - Buyers define what they what and sellers bid with price / features proposals.

Our application implements traditional auctions with the following features:

• organized in categories and sub-categories
• Infinite number of categories and sub-categories (infinite tree)
• Base Price definition:
  • Indicative - Buyers may bid bellow the base price
  • Reserve - No proposals bellow the base price accepted
• Product Name
• Product detailed description
• Quantity
• Unit Price
• Picture (one per product auction)
• Close Date
• Transaction Currency (defined per auction, bids accepted only in the defined currency).
• Delivery conditions (description)
• Payment conditions (description)
• General Rules

Bids are made with a specified quantity and unit price, and are accepted if there are available units for the given price. If there are higher bids for all of the units in the auction, or the price is bellow the reserve price, the bid is rejected, the bidder being informed of the minimum price accepted.

At the end of the closing day (24h) the bidder with the highest bid and the seller are emailed with each other contacts. the auction may be closed at any given time by the seller, anticipating the closure process.

Bidders need to be registered in a user base, usually the site registration base. This demand may be turned off, allowing anyone identified by an email to bid, regardless of the registration status.

There is a separate interface for administration. This application will normally require some customization to the hosting site "look-and-feel" but may be used "out-of-the-box".

Possible Future Features

• Minimal increment between bids
• Automatic bidding - The user defines the maximum price he intends to pay and the system automatically bids for him every time someone overrides him. The bidding stops if the target price is reached.
• "Gold" Bidders - Users that pay a fixed fee and have preference on every auction. When an auction end the user is informed of the bidding price. If he wants the article for the price and answers within time, he buys the product. If not the highest bidder keeps it.

Demo

A demo application is now available here.

Documentation

The documentation is available here.

Support

The customer support can be made in two ways:

 

Mode	Privacy	Where
Report by message	Yes	In Contacts  (Send a message identifying yourself and your problem)
Newsgroup	No	In Newsgroups,

Newsgroups are open the everybody and responses can come from both our team or by other users. Siteapps will answers any question posted. You can also read other people questions and answers.