
Auction Addon is not just a single addon; it is a ‘Forward Auction Group’ that comprises of 8 other Addons and modules to ease customers to bid, buy and sell. Forward auctions are very powerful selling tools that will allow sellers to sell almost any goods provided that competition exists. Buyers can continuously bid for any items they are interested in, and eventually the highest bidder can buy the item.
- What’s included in the package?
- Auction Addon
- Funds Addon
- Funds Pay Addon
- Shipping Addon
- Shipping Method Addon
- Funds Module
- Shipping Module
- Auction Module
How does it work?
For Administrators:
Forward Auction Add-On group will be available in a zip files once downloaded. Extracting these files gives you 8 individual files and each file needs to be installed separately. Settings of each add-on also can be managed differently. Administrators can create token package directed towards the bidders. Creating multiple tokens is also possible.
For Sellers:
Place an antique or unique item for auction as every kind of item is not feasible for auction. Item should be followed by a brief description. The admin decides on the starting bid price and the rate of increment, also with the deadline of auction. After all the details, the item is ready for auction.
For Bidders:
Bidders must firstly buy a token, fill up a form and eventually start bid. The bid price should envelope the start price with fix increment set by the admin every time a new bid is made. After the deadline, the highest potential price of buying is chosen and the concerned bidder buys the item.
Why should you use Forward Auction Group?
- If you have any suitable item for this forward auction, you can put it up in your site and get the highest price in exchange.
- This provides a platform for sellers and buyers to come together and bid.
- Putting an auction in your site attracts multiple clients that can also increase the visits to your site.
- Your site visitors can also put up their items in auction, if they’re registered user and which also helps the site owner to gain revenue through it.
- Putting up in auction is always good as it can get you highest price that you can get out of the item with no bargaining so users would surely be attracted to this addon.
For Demo please browse this url: http://lbauction.gobingoo.com
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