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Auction.io – The Latest trending…
Auction.io was founded in 2021 on the belief that the future of Auction is local and local pickup. Our mission is to help independent entrepreneurs, Auctioneer and Seller to sell via Auction.io. if you own an item(s) you would like to consign, we can help make that key connection to our more than 200+ auctioneers.
An online Auction wholesale marketplace empowering small business owners and independent brands to buy and sell online. For our brands and Auctioneer, our platform provides powerful sales, marketing, and analytics tools, so sellers can simplify their wholesale business and focus on what they love: making great products and selling via Buy Now or Auction.
We’ve already connected more than 1 million bidders and are inspired every day by the creativity, resilience, and spirit of those fueling the Shop Local movement. We’re in Dallas, Texas. Auction works great on local where you can purchase local and Pickup local.
Our SaaS
One stop shop to sell/expose your business to millions of bidders worldwide. An average auctioneer can expect a minimum 15% increased sale. You can sell a product in any industry from collectibles to cars; livestock to homes! You can have your own shop to sell via auction.io or use our marketplace! With live Bidding This is Real Time Bidding , the users are provided with an option to enter their max amount for the item / Lot in the Active Auctions. If the user A max bid is outbid by user B they get out bid notifications and User A can increase the Max bid again. Until the outbid happens the Application will place proxy bids for the user whenever counter bid is placed. In addition you can create an Auction Store or Website or Event and white label them. Sell in your Store or Marketplace
Testimonials
Excellent resource... great for reviewing past discussion, revision progress and uploaded content!. The value in Casecamp from my perspective is that Casecamp "when used as intended" is fantastic for a couple of reasons.
- JEFFERY S.
Project Management as mentioned above is Completing the Goal/Deliverables according to the agreed upon quality within the given Time and Money is Highly Impossible.so it usually requires little more than the agreed upon Time and Money.
- KRISHNA PRIYA C.
Great value and easy to deploy. Excellent support. Committed to customer success. Speed to deploy and support from company is exceptional. It's also a great value that gives you extensive control over the deployment functionality.
- SJ B.
For more details on our products and services, please feel free to visit us at: Live auctioneer event, Auction calendar marketplace, Auction, Auction Marketplace, Auction house directory.
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Auctions supported by Auction.io
Proxy bid
In Proxy bid, the bidders will have the option to set a maximum price they are willing to pay for a product. They can then allow our technology(Auction.io) to bid for them by the bid increment, until someone places a higher bid than their maximum price. The bid increment is the amount that a proxy bid must increase by and it is preset by the auction. Auction.io will place a new bid, following the bid increment every time someone else places a higher bid than you and will continue to do that until the auction is over and you win, or the price goes over your set maximum. The bidders will be notified(via email and sms) if their maximum price setting has been outbid and have an option to set a new maximum to continue participating in the auction. The maximum bid is never disclosed to the seller or other bidders.
Proxy bidding allows bidders to win an auction at the lowest price possible.
If also maximizes the benefit for the winning bidder because they would have been willing to pay more for the item but they didn’t have to! How does Proxy Bidding help the Bidder? After bidder sets maximum, they don't have to be present live for the auction! They can carry on with their other tasks and let their computer take care of the bidding and still win! Additionally, No stress! They can bid on multiple items, without worrying to track each item!
How does Proxy Bidding help the Seller?
Proxy bidding makes the auction process smooth and easy for the bidders. If your auction is easy for the bidders to participate in, more people will be attracted to it! As bidders don't have to commit to being present, More people will be able to 'attend'. More people would mean the higher final price!
Staggered bid
In a staggered auction, all items are open for bidding, but each item (or lot) closes sequentially until all items are closed. It simply means that each auction section at the event will close at a different time.
How Does Staggered bidding help the seller?
Staggered Bidding frees bidders to focus their attention on winning one or two items at a time. Staggered closing times will give your bidders enough time to place their final bids when a section closes, then shift their attention to the next round of items that is about to close. More bidders competing for fewer items at once will drive bids higher, and your organization will make more money! The staggering can be at the Item level or at the Lot level. When a staggered auction is in a Pending status, all items are visible but no bidding can take place. Once the auction changes to an Open status, the first item is highlighted. This item is the focus of the next bids. All other items can receive bids, but the current item is highlighted. The Time Remaining refers to the item that is visible or currently being bid upon. Bidding continues until all items (or lots) have closed.
Hard bid
In Hard bid, its the exact amount you’ll pay for the product. A hard bid is visible to auction participants.
When a hard bid is placed, the computer will automatically raise the current bid to match the hard bid. Remember that the hard bid must be higher than the current bid.
Whenever hard bids are used, the auction needs to be monitored, and the bidding process must be observed to increase the bids as required The good news is, Auction.io supports all these bids! To learn more about which one is beneficial for you, contact AuctionSoftware for a personalized experience today!!
Build your Website
Select a web design plan for your needs.
Amazing and affordable Website Designs
With the help of our trained specialists and outstanding tools, it’s now effortless to develop a phone and tablet-friendly storefront. Our eCommerce site builder is the best way to make your online store look great on any device with no extra coding or design tweaks needed, enabling you to build an online store in a fast, cost-efficient way.
Build in eCommerce Templates
Browsing our collection of themes will show you 2 FREE color ideas for your store and 45+ clean react.js themes that are stylish, responsive, fully customizable and well-suited to all eCommerce businesses.
Mobile Platform
Due to a responsive, mobile-optimized website design, Auction.io's online shopping cart (in contrast to other eCommerce platforms out there) passes Google’s "mobile friendliness" check without a hitch. This enhanced shopping experience translates into a better user experience and higher conversion rates.
For more details on our products and services, please feel free to visit us at: Auction Marketplace, Auction house directory, Live auctioneer event, Auction calendar marketplace & Auction.
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Using Auction.IO
This is a very common fact that any kind of organization whether it is a small or large organization including schools non-profit organizations charities everyone understands that raising funds for the noble causes in the society is very important. And in order to organize these kinds of funding events is through auctions. This is a great way where everyone in the society can be involved and it can be organized in a very interesting way by encouraging everyone to participate in this kind of event and contribute their support for the noble causes in the society. To gain the maximum benefit out of this it is important that these kind of events are flawless and efficiently organized. These days all these events are managed by online auction software.
Live Auctions Our auction software includes a database that is capable of handling a live auction event as well. Participating bidders can either pre-register or register onsite, and you can pre-manage all auction inventory listings in the software database as well. The advantage of using live auction is that the participants can offer pre-auction bidding as well. This is important when they want to bid for an item but need time to research it further online so they can provide the best bid again.
Online Auctions Gone are the days when the actions were managed with the help of paper and telephone methods which was very slow and a lot of human resources were involved in that kind of process. Nowadays all these things are managed by auction software which is online and taking care of all those necessary actions buy one click of a button. A good action software will help you to set up the auction for both sellers as well as the participants. It can maintain all the products that are to be auctioned along with their images and the best possible pricing so everyone in the market along with the participants can easily judge the best out of the product and then they can offer their bid if they are interested in the product. All the participants and the products along with what kind of beds they have presented are maintained at the backend which is administered by the officer who is the in charge of the auction in all. This kind of software also allows you to create a variety of reports from your auction management dashboard which easily helps them to conduct further actions and see what kind of products and bids were made and all this together helps them in making fast decisions.
For more details on our products and services, please feel free to visit us at: Auction house directory, Live auctioneer event, Auction calendar marketplace, Auction & Auction Marketplace.
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Forward and Reverse Auction – Auction.IO
Reverse Auction: The reverse auction, A Service buyer creates detailed specifications into the secure web based reverse auction platform and Service provider submit their bids in real time. Forward Auction : The Forward auction are electronic auctions, which can be used by sellers to sell their items to many potential buyers. Sellers and buyers can be individuals, organizations etc. Items are commonly placed at a special site for auction (e.g. eBay.com). Buyers can continuously bid for the items they are interested in. Eventually the highest bidder wins the item. Penny Auction : Is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid Silent Auction : This is variant of the English auction in which bids are written on a sheet of paper. At the predetermined end of the auction, the highest listed bidder wins the item. Before parents meet in schools they get to BID and see the product online and communicated via SMS
An auction is a process that is known to everyone. It is the process of buying or selling a product, but not in the conventional style. The conventional method of purchasing a product is going to the shop and checking the products as per your desire. When you have selected a product, you can check its price tag and pay the price to the retailer. In some cases, buyers go for negotiation on the price of a product with the seller. This negotiation is optional. However, the idea of negotiation has actually given a push to the idea of auctioning. In an auction, you shall get a product. Now, you have to bid for its price along with other interested buyers. The person stands with the best bid shall take away the product.
The idea of auction is popular, but it has gained more significance these days due to the emergence of online auctioning process. The online auction is the most viable way of selling or purchasing products online. To start with this process, you need to find a platform for online auction. Both buyers and sellers need a common platform to operate, and this is why you need online auction software. The software provides a virtual platform, where buyers and sellers can participate in an auction process without facing any glitches.
Users have to know a few things before starting with online auction process. The most important thing is to know about forward and reverse auctions. Forward auction is the traditional concept of auction. An online platform or software shall provide maximum six serious buyers to enter in an auction process. There shall be a product, and buyers have to bid for the product. The best bidder shall be the winner. The process of reverse auction is a little different and innovative. In reverse auction, there will be one buyer and multiple sellers. Buyer shall demand for a product, and sellers have to come up with different bids. Seller, who features the lowest bid, shall win the auction. Not just a product, such auction method has been followed for selling a service too.
For more details on our products and services, please feel free to visit us at: Auction, Auction Marketplace, Auction house directory, Live auctioneer event & Auction calendar marketplace.
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Auction Software Program
This is a very common fact that any kind of organization whether it is a small or large organization including schools non-profit organizations charities everyone understands that raising funds for the noble causes in the society is very important. And in order to organize these kinds of funding events is through auctions. This is a great way where everyone in the society can be involved and it can be organized in a very interesting way by encouraging everyone to participate in this kind of event and contribute their support for the noble causes in the society. To gain the maximum benefit out of this it is important that these kind of events are flawless and efficiently organized. These days all these events are managed by online auction software.
Live Auctions Our auction software includes a database that is capable of handling a live auction event as well. Participating bidders can either pre-register or register onsite, and you can pre-manage all auction inventory listings in the software database as well. The advantage of using live auction is that the participants can offer pre-auction bidding as well. This is important when they want to bid for an item but need time to research it further online so they can provide the best bid again.
Online Auctions Gone are the days when the actions were managed with the help of paper and telephone methods which was very slow and a lot of human resources were involved in that kind of process. Nowadays all these things are managed by auction software which is online and taking care of all those necessary actions buy one click of a button. A good action software will help you to set up the auction for both sellers as well as the participants. It can maintain all the products that are to be auctioned along with their images and the best possible pricing so everyone in the market along with the participants can easily judge the best out of the product and then they can offer their bid if they are interested in the product. All the participants and the products along with what kind of beds they have presented are maintained at the backend which is administered by the officer who is the in charge of the auction in all. This kind of software also allows you to create a variety of reports from your auction management dashboard which easily helps them to conduct further actions and see what kind of products and bids were made and all this together helps them in making fast decisions.
For more details on our products and services, please feel free to visit us at: Live auctioneer event, Auction calendar marketplace, Auction, Auction Marketplace & Auction house directory.
0 notes
Text
Online Auction Process
Reverse Auction: The reverse auction, A Service buyer creates detailed specifications into the secure web based reverse auction platform and Service provider submit their bids in real time. Forward Auction: The Forward auction are electronic auctions, which can be used by sellers to sell their items to many potential buyers. Sellers and buyers can be individuals, organizations etc. Items are commonly placed at a special site for auction (e.g. eBay.com). Buyers can continuously bid for the items they are interested in. Eventually the highest bidder wins the item. Penny Auction: Is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid Silent Auction: This is variant of the English auction in which bids are written on a sheet of paper. At the predetermined end of the auction, the highest listed bidder wins the item. Before parents meet in schools they get to BID and see the product online and communicated via SMS
An auction is a process that is known to everyone. It is the process of buying or selling a product, but not in the conventional style. The conventional method of purchasing a product is going to the shop and checking the products as per your desire. When you have selected a product, you can check its price tag and pay the price to the retailer. In some cases, buyers go for negotiation on the price of a product with the seller. This negotiation is optional. However, the idea of negotiation has actually given a push to the idea of auctioning. In an auction, you shall get a product. Now, you have to bid for its price along with other interested buyers. The person stands with the best bid shall take away the product.
The idea of auction is popular, but it has gained more significance these days due to the emergence of online auctioning process. The online auction is the most viable way of selling or purchasing products online. To start with this process, you need to find a platform for online auction. Both buyers and sellers need a common platform to operate, and this is why you need online auction software. The software provides a virtual platform, where buyers and sellers can participate in an auction process without facing any glitches.
Forward and Reverse Auction Users have to know a few things before starting with online auction process. The most important thing is to know about forward and reverse auctions. Forward auction is the traditional concept of auction. An online platform or software shall provide maximum six serious buyers to enter in an auction process. There shall be a product, and buyers have to bid for the product. The best bidder shall be the winner. The process of reverse auction is a little different and innovative. In reverse auction, there will be one buyer and multiple sellers. Buyer shall demand for a product, and sellers have to come up with different bids. Seller, who features the lowest bid, shall win the auction. Not just a product, such auction method has been followed for selling a service too.
For more details on our products and services, please feel free to visit us at: Auction Marketplace, Auction house directory, Live auctioneer event, Auction calendar marketplace & Auction.
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Auction.io - Auction Types supported…
Proxy bid
In Proxy bid, the bidders will have the option to set a maximum price they are willing to pay for a product. They can then allow our technology(Auction.io) to bid for them by the bid increment, until someone places a higher bid than their maximum price. The bid increment is the amount that a proxy bid must increase by and it is preset by the auction. Auction.io will place a new bid, following the bid increment every time someone else places a higher bid than you and will continue to do that until the auction is over and you win, or the price goes over your set maximum. The bidders will be notified(via email and sms) if their maximum price setting has been outbid and have an option to set a new maximum to continue participating in the auction. The maximum bid is never disclosed to the seller or other bidders.
Proxy bidding allows bidders to win an auction at the lowest price possible.
If also maximizes the benefit for the winning bidder because they would have been willing to pay more for the item but they didn’t have to! How does Proxy Bidding help the Bidder?
After bidder sets maximum, they don't have to be present live for the auction! They can carry on with their other tasks and let their computer take care of the bidding and still win! Additionally, No stress! They can bid on multiple items, without worrying to track each item! How does Proxy Bidding help the Seller?
Proxy bidding makes the auction process smooth and easy for the bidders. If your auction is easy for the bidders to participate in, more people will be attracted to it! As bidders don't have to commit to being present, More people will be able to 'attend'. More people would mean the higher final price!
Staggered bid
In a staggered auction, all items are open for bidding, but each item (or lot) closes sequentially until all items are closed. It simply means that each auction section at the event will close at a different time. How Does Staggered bidding help the seller?
Staggered Bidding frees bidders to focus their attention on winning one or two items at a time. Staggered closing times will give your bidders enough time to place their final bids when a section closes, then shift their attention to the next round of items that is about to close. More bidders competing for fewer items at once will drive bids higher, and your organization will make more money! The staggering can be at the Item level or at the Lot level. When a staggered auction is in a Pending status, all items are visible but no bidding can take place. Once the auction changes to an Open status, the first item is highlighted. This item is the focus of the next bids. All other items can receive bids, but the current item is highlighted. The Time Remaining refers to the item that is visible or currently being bid upon. Bidding continues until all items (or lots) have closed.
Hard bid
In Hard bid, its the exact amount you’ll pay for the product. A hard bid is visible to auction participants. When a hard bid is placed, the computer will automatically raise the current bid to match the hard bid. Remember that the hard bid must be higher than the current bid. Whenever hard bids are used, the auction needs to be monitored, and the bidding process must be observed to increase the bids as required The good news is, Auction.io supports all these bids! To learn more about which one is beneficial for you, contact AuctionSoftware for a personalized experience today!!
For more details on our products and services, please feel free to visit us at: Auction house directory, Live auctioneer event, Auction calendar marketplace, Auction & Auction Marketplace.
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Build your website - Select a web design plan for your needs.
Amazing and affordable Website Designs
With the help of our trained specialists and outstanding tools, it’s now effortless to develop a phone and tablet-friendly storefront. Our eCommerce site builder is the best way to make your online store look great on any device with no extra coding or design tweaks needed, enabling you to build an online store in a fast, cost-efficient way.
Build in eCommerce Templates
Browsing our collection of themes will show you 2 FREE color ideas for your store and 45+ clean react.js themes that are stylish, responsive, fully customizable and well-suited to all eCommerce businesses.
Mobile Platform
Due to a responsive, mobile-optimized website design, Auction.io's online shopping cart (in contrast to other eCommerce platforms out there) passes Google’s "mobile friendliness" check without a hitch. This enhanced shopping experience translates into a better user experience and higher conversion rates.
One Click Customizable Designs
Rapidly alter designer templates by clicking on the component while browsing the storefront in Webmaster mode. Apply additional styling with custom CSS and JavaScript to construct interesting mail notices layouts.
Assistance from certified experts
Our web designers will make your online store compatible with mobile devices, create a unique custom-made mobile eCommerce design that stands out, optimize it for all browsers and displays, and manifest just about any of your business ideas.
User Experience
Real time Online Store Builder With Unmatched UX/UI
Compared to other online store builders, our user-friendly interface boosts your conversion rates like no other. Because today’s consumers are not completely satisfied with eCommerce sites that just allow them to shop, we’ve improved the usability of our eCommerce solution to build a competitive advantage.
Smart Search
Let your users find your physical or digital store through super-fast cloud search that enables real-time suggestions, spell-checking, support for synonyms, promotions and statistics. Provided by a strong backend with Node.js for better performance of eCommerce websites.
Mobile Friendly
Mobile devices are now an integral part of our daily lives, with people investing about 90% of their portable time in-app. We deliver an enhanced user experience via interchangeable formats and translations leading to better SEO and compatibility for mobile devices.
AWS Hosting
Authentication & Authorization
Authenticate and authorize your users with our specialized login and registration modules with double verification. We provide users the content they want in an easy-to-read format.
AWS Hosting Server
We leverage Amazon Web Services Cloud platform to ensure the lowest latency and fastest throughput at all times for unmatched speed and robust reliability.
Lightning-fast Speeds
Pick a hosting plan that fits your eCommerce website needs. Set up your Auction.io store once to easily sync and sell across your website, social media, and marketplaces simultaneously. Get started with one or try them all. We offer a free 2-week trial pack so that you can test things out.
For more details on our products and services, please feel free to visit us at: Auction, Auction Marketplace, Auction house directory, Live auctioneer event & Auction calendar marketplace.
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Online Auctions – How it works?
How Do Online Auctions Work?
Whether you are building a new website or looking for ways to improve an established online business, you should consider incorporating online auctions in your business model. There are many reasons why these auction platforms are so popular with customers, and business owners often find that online auctions are the perfect tool to boost their sales.
Here are a few tips to help you understand how online auctions work:
Virtual Flea Market for Buyers and Sellers
People love the idea of one easy location to gain access to a variety of products and services, and a flea market is a popular place because the prices are often negotiable. Online auctions are similar to a flea market, but everything is handled digitally. Sellers have the option to offer one or more items at a time, and customers can browse through the products that are available from the comfort of their own home.
The advantage of the bidding feature is that people feel an urgency to win, so it can increase the sales conversion rate. When buyers see that other people are bidding on a product that they are interested in, they will place higher bids so they don’t get out-bid on the item.
Website Registration and Setup
Online auctions offer the feature where buyers and sellers can setup a username and password for the website. The sellers can register to post the items they want to sell, and the buyers can register to bid on the things that they are interested in.
Once the seller has registered for the auction website, it is their responsibility to put together accurate and informative product descriptions. Usually, a written description and a photo is uploaded together.
The software is designed to track all of the information, including the bid amounts, products that were bought and sold, and other information relevant to the transaction. All of the bidding and price changes are handled automatically by the system, so the sellers don’t have to micro-manage every transaction that goes through their account.
Limited Time for Purchases
Each of the items on auction are only available for a limited amount of time, and the customers must place their bid during that time if they are interested in the product. Sellers know that their product will be sold by a certain date, and they can see the ongoing progress of the bidding at any time.
When the auction time closes, the bidder with the highest price wins. At that point, the bidder will need to make the payment before the product is shipped by the seller. Depending on how the online auction is setup, the seller can set a reserve price, so that they can have the peace of mind to know that the product won’t be sold too low.
Are you interested in setting up an online auction on your website? Contact us today to learn more about the options that are available. We are dedicated to make sure that you receive the highest quality auction software at an affordable price. Our experience makes it easy for you to get your auction setup quickly and easily.
For more details on our products and services, please feel free to visit us at: Auction, Auction Marketplace, Auction house directory, Live auctioneer event & Auction calendar marketplace.
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Auction Software - Fundraising Events
Should You Use an Auction Software for Fundraising Events?
It can take a lot of work to coordinate a fundraiser, which is why you need to make sure that you are leveraging all of the tools that are available to make it as simple as possible. One of the easiest ways to plan a fundraising event is by using an auction software, because it allows people to participate in the fundraiser from anywhere in the world.
Here are a few reasons why you should use an auction software for your upcoming fundraising event:
More People Can Bid
If your fundraising auction is limited to people who can attend in person, then you are limiting the number of people who can participate. Instead of only having an in-person auction, consider the option to have an online auction that allows people to participate from any location. You will be able to maximize the profits from the event more effectively.
Real Time Bidding
Online auctions allow sellers and buyers to see the current status of an auction at any time. So, everyone can participate in real time bidding, which is beneficial to keep the auction moving along and keep everyone engaged in the event. With real time bidding, buyers can see what other people are bidding and add on another bid to out-bid the others who are competing for the same item.
Charity Donations for Nice Products
Many people donate a little more to charity or fundraising events when they are receiving a product or service in exchange for their donation. So, making these products easily accessible increases the likelihood that people will donate a little more.
Fundraising Auctions for Many Organizations
There are a number of businesses and other organizations that can benefit from fundraising auctions, including schools, churches, community groups, medical foundations, and other nonprofit organizations. Additionally, businesses can use the auction software to sell their products and raise money for charity at the same time. For example, you might setup an online auction to sell your products, and donate a certain percentage of all of the sales that are generated through the auction.
Secure Fundraising
Having a cashbox at a live fundraising event can be a temptation for volunteers or attendees, and most charity organizations have found that it is better to minimize the use of cash. With an online auction platform, all of the transactions are digital so you can easily see how much money was brought in. This process keeps the funds secure and protects everyone who is participating in the event.
Fundraising Made Simple
Fundraising doesn’t have to be complicated, but some people shy away from the idea because they don’t know how to coordinate a big fundraising event. Keep it simple and setup an online fundraiser instead. You can save the hassle of scheduling a large event center and worrying about crowd control, and simply manage everything online instead.
As you can see, there are many advantages to using an online auction software for your fundraising event. Do you have questions about setting up your own fundraiser? Contact us for more information!
For more details on our products and services, please feel free to visit us at: Auction house directory, Live auctioneer event, Auction calendar marketplace, Auction & Auction Marketplace.
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Using Auction Software
This is a very common fact that any kind of organization whether it is a small or large organization including schools non-profit organizations charities everyone understands that raising funds for the noble causes in the society is very important. And in order to organize these kinds of funding events is through auctions. This is a great way where everyone in the society can be involved and it can be organized in a very interesting way by encouraging everyone to participate in this kind of event and contribute their support for the noble causes in the society. To gain the maximum benefit out of this it is important that these kind of events are flawless and efficiently organized. These days all these events are managed by online auction software.
Live Auctions Our auction software includes a database that is capable of handling a live auction event as well. Participating bidders can either pre-register or register onsite, and you can pre-manage all auction inventory listings in the software database as well. The advantage of using live auction is that the participants can offer pre-auction bidding as well. This is important when they want to bid for an item but need time to research it further online so they can provide the best bid again.
Online Auctions Gone are the days when the actions were managed with the help of paper and telephone methods which was very slow and a lot of human resources were involved in that kind of process. Nowadays all these things are managed by auction software which is online and taking care of all those necessary actions buy one click of a button. A good action software will help you to set up the auction for both sellers as well as the participants. It can maintain all the products that are to be auctioned along with their images and the best possible pricing so everyone in the market along with the participants can easily judge the best out of the product and then they can offer their bid if they are interested in the product. All the participants and the products along with what kind of beds they have presented are maintained at the backend which is administered by the officer who is the in charge of the auction in all. This kind of software also allows you to create a variety of reports from your auction management dashboard which easily helps them to conduct further actions and see what kind of products and bids were made and all this together helps them in making fast decisions.
For more details on our products and services, please feel free to visit us at: Auction house directory, Live auctioneer event, Auction calendar marketplace, Auction & Auction Marketplace.
0 notes
Text
Forward and Reverse Auction
Reverse Auction: The reverse auction, A Service buyer creates detailed specifications into the secure web based reverse auction platform and Service provider submit their bids in real time. Forward Auction : The Forward auction are electronic auctions, which can be used by sellers to sell their items to many potential buyers. Sellers and buyers can be individuals, organizations etc. Items are commonly placed at a special site for auction (e.g. eBay.com). Buyers can continuously bid for the items they are interested in. Eventually the highest bidder wins the item. Penny Auction : Is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid Silent Auction : This is variant of the English auction in which bids are written on a sheet of paper. At the predetermined end of the auction, the highest listed bidder wins the item. Before parents meet in schools they get to BID and see the product online and communicated via SMS
An auction is a process that is known to everyone. It is the process of buying or selling a product, but not in the conventional style. The conventional method of purchasing a product is going to the shop and checking the products as per your desire. When you have selected a product, you can check its price tag and pay the price to the retailer. In some cases, buyers go for negotiation on the price of a product with the seller. This negotiation is optional. However, the idea of negotiation has actually given a push to the idea of auctioning. In an auction, you shall get a product. Now, you have to bid for its price along with other interested buyers. The person stands with the best bid shall take away the product.
The idea of auction is popular, but it has gained more significance these days due to the emergence of online auctioning process. The online auction is the most viable way of selling or purchasing products online. To start with this process, you need to find a platform for online auction. Both buyers and sellers need a common platform to operate, and this is why you need online auction software. The software provides a virtual platform, where buyers and sellers can participate in an auction process without facing any glitches.
Users have to know a few things before starting with online auction process. The most important thing is to know about forward and reverse auctions. Forward auction is the traditional concept of auction. An online platform or software shall provide maximum six serious buyers to enter in an auction process. There shall be a product, and buyers have to bid for the product. The best bidder shall be the winner. The process of reverse auction is a little different and innovative. In reverse auction, there will be one buyer and multiple sellers. Buyer shall demand for a product, and sellers have to come up with different bids. Seller, who features the lowest bid, shall win the auction. Not just a product, such auction method has been followed for selling a service too.
For more details on our products and services, please feel free to visit us at: Auction, Auction Marketplace, Auction house directory, Live auctioneer event & Auction calendar marketplace.
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The Future of Auction – Auction.IO
Auction.io was founded in 2021 on the belief that the future of Auction is local and local pickup. Our mission is to help independent entrepreneurs, Auctioneer and Seller to sell via Auction.io. if you own an item(s) you would like to consign, we can help make that key connection to our more than 200+ auctioneers.
An online Auction wholesale marketplace empowering small business owners and independent brands to buy and sell online. For our brands and Auctioneer, our platform provides powerful sales, marketing, and analytics tools, so sellers can simplify their wholesale business and focus on what they love: making great products and selling via Buy Now or Auction.
We’ve already connected more than 1 million bidders and are inspired every day by the creativity, resilience, and spirit of those fueling the Shop Local movement. We’re in Dallas, Texas. Auction works great on local where you can purchase local and Pickup local.
Our SaaS
One stop shop to sell/expose your business to millions of bidders worldwide. An average auctioneer can expect a minimum 15% increased sale. You can sell a product in any industry from collectibles to cars; livestock to homes! You can have your own shop to sell via auction.io or use our marketplace! With live Bidding This is Real Time Bidding , the users are provided with an option to enter their max amount for the item / Lot in the Active Auctions. If the user A max bid is outbid by user B they get out bid notifications and User A can increase the Max bid again. Until the outbid happens the Application will place proxy bids for the user whenever counter bid is placed. In addition you can create an Auction Store or Website or Event and white label them. Sell in your Store or Marketplace
Testimonials
Excellent resource... great for reviewing past discussion, revision progress and uploaded content!. The value in Casecamp from my perspective is that Casecamp "when used as intended" is fantastic for a couple of reasons.
- JEFFERY S.
Project Management as mentioned above is Completing the Goal/Deliverables according to the agreed upon quality within the given Time and Money is Highly Impossible.so it usually requires little more than the agreed upon Time and Money.
- KRISHNA PRIYA C.
Great value and easy to deploy. Excellent support. Committed to customer success. Speed to deploy and support from company is exceptional. It's also a great value that gives you extensive control over the deployment functionality.
- SJ B.
For more details on our products and services, please feel free to visit us at: Auction Marketplace, Auction house directory, Live auctioneer event, Auction calendar marketplace & Auction.
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Auction Types - Auction.io
Proxy bid
In Proxy bid, the bidders will have the option to set a maximum price they are willing to pay for a product. They can then allow our technology(Auction.io) to bid for them by the bid increment, until someone places a higher bid than their maximum price. The bid increment is the amount that a proxy bid must increase by and it is preset by the auction. Auction.io will place a new bid, following the bid increment every time someone else places a higher bid than you and will continue to do that until the auction is over and you win, or the price goes over your set maximum. The bidders will be notified(via email and sms) if their maximum price setting has been outbid and have an option to set a new maximum to continue participating in the auction. The maximum bid is never disclosed to the seller or other bidders.
Proxy bidding allows bidders to win an auction at the lowest price possible.
If also maximizes the benefit for the winning bidder because they would have been willing to pay more for the item but they didn’t have to! How does Proxy Bidding help the Bidder? After bidder sets maximum, they don't have to be present live for the auction! They can carry on with their other tasks and let their computer take care of the bidding and still win! Additionally, No stress! They can bid on multiple items, without worrying to track each item! How does Proxy Bidding help the Seller? Proxy bidding makes the auction process smooth and easy for the bidders. If your auction is easy for the bidders to participate in, more people will be attracted to it! As bidders don't have to commit to being present, More people will be able to 'attend'. More people would mean the higher final price!
Staggered bid
In a staggered auction, all items are open for bidding, but each item (or lot) closes sequentially until all items are closed. It simply means that each auction section at the event will close at a different time. How Does Staggered bidding help the seller? Staggered Bidding frees bidders to focus their attention on winning one or two items at a time. Staggered closing times will give your bidders enough time to place their final bids when a section closes, then shift their attention to the next round of items that is about to close. More bidders competing for fewer items at once will drive bids higher, and your organization will make more money! The staggering can be at the Item level or at the Lot level. When a staggered auction is in a Pending status, all items are visible but no bidding can take place. Once the auction changes to an Open status, the first item is highlighted. This item is the focus of the next bids. All other items can receive bids, but the current item is highlighted. The Time Remaining refers to the item that is visible or currently being bid upon. Bidding continues until all items (or lots) have closed.
Hard bid
In Hard bid, its the exact amount you’ll pay for the product. A hard bid is visible to auction participants. When a hard bid is placed, the computer will automatically raise the current bid to match the hard bid. Remember that the hard bid must be higher than the current bid. Whenever hard bids are used, the auction needs to be monitored, and the bidding process must be observed to increase the bids as required The good news is, Auction.io supports all these bids! To learn more about which one is beneficial for you, contact AuctionSoftware for a personalized experience today!!
Build your Website
Select a web design plan for your needs.
Amazing and affordable Website Designs
With the help of our trained specialists and outstanding tools, it’s now effortless to develop a phone and tablet-friendly storefront. Our eCommerce site builder is the best way to make your online store look great on any device with no extra coding or design tweaks needed, enabling you to build an online store in a fast, cost-efficient way.
Build in eCommerce Templates
Browsing our collection of themes will show you 2 FREE color ideas for your store and 45+ clean react.js themes that are stylish, responsive, fully customizable and well-suited to all eCommerce businesses.
Mobile Platform
Due to a responsive, mobile-optimized website design, Auction.io's online shopping cart (in contrast to other eCommerce platforms out there) passes Google’s "mobile friendliness" check without a hitch. This enhanced shopping experience translates into a better user experience and higher conversion rates.
For more details on our products and services, please feel free to visit us at: Auction house directory, Live auctioneer event, Auction calendar marketplace, Auction & Auction Marketplace.
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Online Auctions
How Do Online Auctions Work?
Whether you are building a new website or looking for ways to improve an established online business, you should consider incorporating online auctions in your business model. There are many reasons why these auction platforms are so popular with customers, and business owners often find that online auctions are the perfect tool to boost their sales.
Here are a few tips to help you understand how online auctions work:
Virtual Flea Market for Buyers and Sellers
People love the idea of one easy location to gain access to a variety of products and services, and a flea market is a popular place because the prices are often negotiable. Online auctions are similar to a flea market, but everything is handled digitally. Sellers have the option to offer one or more items at a time, and customers can browse through the products that are available from the comfort of their own home.
The advantage of the bidding feature is that people feel an urgency to win, so it can increase the sales conversion rate. When buyers see that other people are bidding on a product that they are interested in, they will place higher bids so they don’t get out-bid on the item.
Website Registration and Setup
Online auctions offer the feature where buyers and sellers can setup a username and password for the website. The sellers can register to post the items they want to sell, and the buyers can register to bid on the things that they are interested in.
Once the seller has registered for the auction website, it is their responsibility to put together accurate and informative product descriptions. Usually, a written description and a photo is uploaded together.
The software is designed to track all of the information, including the bid amounts, products that were bought and sold, and other information relevant to the transaction. All of the bidding and price changes are handled automatically by the system, so the sellers don’t have to micro-manage every transaction that goes through their account.
Limited Time for Purchases
Each of the items on auction are only available for a limited amount of time, and the customers must place their bid during that time if they are interested in the product. Sellers know that their product will be sold by a certain date, and they can see the ongoing progress of the bidding at any time.
When the auction time closes, the bidder with the highest price wins. At that point, the bidder will need to make the payment before the product is shipped by the seller. Depending on how the online auction is setup, the seller can set a reserve price, so that they can have the peace of mind to know that the product won’t be sold too low.
Are you interested in setting up an online auction on your website? Contact us today to learn more about the options that are available. We are dedicated to make sure that you receive the highest quality auction software at an affordable price. Our experience makes it easy for you to get your auction setup quickly and easily.
For more details on our products and services, please feel free to visit us at: Live auctioneer event, Auction calendar marketplace, Auction, Auction Marketplace & Auction house directory.
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Auction Software for your Fundraising Events
Should You Use an Auction Software for Fundraising Events?
It can take a lot of work to coordinate a fundraiser, which is why you need to make sure that you are leveraging all of the tools that are available to make it as simple as possible. One of the easiest ways to plan a fundraising event is by using an auction software, because it allows people to participate in the fundraiser from anywhere in the world.
Here are a few reasons why you should use an auction software for your upcoming fundraising event:
More People Can Bid
If your fundraising auction is limited to people who can attend in person, then you are limiting the number of people who can participate. Instead of only having an in-person auction, consider the option to have an online auction that allows people to participate from any location. You will be able to maximize the profits from the event more effectively.
Real Time Bidding
Online auctions allow sellers and buyers to see the current status of an auction at any time. So, everyone can participate in real time bidding, which is beneficial to keep the auction moving along and keep everyone engaged in the event. With real time bidding, buyers can see what other people are bidding and add on another bid to out-bid the others who are competing for the same item.
Charity Donations for Nice Products
Many people donate a little more to charity or fundraising events when they are receiving a product or service in exchange for their donation. So, making these products easily accessible increases the likelihood that people will donate a little more.
Fundraising Auctions for Many Organizations
There are a number of businesses and other organizations that can benefit from fundraising auctions, including schools, churches, community groups, medical foundations, and other nonprofit organizations. Additionally, businesses can use the auction software to sell their products and raise money for charity at the same time. For example, you might setup an online auction to sell your products, and donate a certain percentage of all of the sales that are generated through the auction.
Secure Fundraising
Having a cashbox at a live fundraising event can be a temptation for volunteers or attendees, and most charity organizations have found that it is better to minimize the use of cash. With an online auction platform, all of the transactions are digital so you can easily see how much money was brought in. This process keeps the funds secure and protects everyone who is participating in the event.
Fundraising Made Simple
Fundraising doesn’t have to be complicated, but some people shy away from the idea because they don’t know how to coordinate a big fundraising event. Keep it simple and setup an online fundraiser instead. You can save the hassle of scheduling a large event center and worrying about crowd control, and simply manage everything online instead.
As you can see, there are many advantages to using an online auction software for your fundraising event. Do you have questions about setting up your own fundraiser? Contact us for more information!
For more details on our products and services, please feel free to visit us at: Auction, Auction Marketplace, Auction house directory, Live auctioneer event & Auction calendar marketplace.
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On-your-mark… Get-set… AUCTION!
A guide to Live auction in Auction IO
The spirit to win the product that is being auctioned has the bidders compete in a race that is time-ridden.
Live Auction :
Live Auction is an auction setup without an end date, where the seller can control the auction and the bidding, and can also choose to close the auction at his will.
AUCTION SETUP: Seller’s Panel
The sellers or auctioneers, who hold the inventory, can create a live auction by filling the basic auction details, such as date & time, description, and a selection of up to 1250 unique items to sell.
To create the Auction:
My Auctioneer -> Auction Setup
The seller needs to select the auction type as ‘Live Auction’.
The seller can advertise / announce his upcoming auction by entering the ‘Auction Preview Date’
The live auction will begin based on the date that is mentioned in the ‘Auction Start Date’.
The seller can then select the category of the auction, shipping option, and can upload an auction preview image.
The seller can choose to set up bid increments.
The seller can also enter the auction policies in Payments, Shipping, Pick-up, and Terms & Conditions.
The seller can then add items one-by-one, or use a file template to upload all items at once.
Once the auction is created, in order to go live, the seller needs to follow 2 steps:
Move to Live
Pull Inventory
Move to Live The auction should be made live by clicking on the link ‘Move to live’ on the following page”: Auctions -> Pre Auction
Now the auction created by the seller is live. BUYER’S PROFILE: Every user who wishes to participate in the bidding needs to first have a buyer’s profile. The profile can be created by signing up as a buyer.
LIVE AUCTION FLOW … Now the story begins… The buyer first visits the ‘Auctions’ page. If the buyer wishes to bid for the product, a request needs to be sent to the seller. So the buyer clicks on the ‘Register for auction’ button, and the request is sent to the seller. ���——— The seller can approve the buyer’s request by the following steps in the panel: My Auctioneer -> Bidders Approval Selects the buyer, and clicks on ‘Move to Approved’
The buyer can now click on the ‘Enter Live Auction’ button on the preferred auction page, and can go to the bid room, and can now bid on the product. Once a bid is placed, the bid will remain pending until it is approved by the seller ———— The seller need to approve the buyer’s bid by the following steps: My Auctioneer -> Auctions -> Live Auction Click on the link ‘Bid Now’ for the particular auction.
The seller can also send messages to his bidders from the seller’s panel. The seller can use the predefined messages, or can enter custom messages by typing the text and clicking on the ‘Send Message’ button. The predefined messages include: – ‘Bid Now’ button which sends the message “Hurry up and bid!!!” – ‘Going’ button which sends the message “Going once, going twice!!!” – ‘Fair Warning’ button which sends the message “Fair Warning… This lot is about to close” All these messages are displayed in both sellers and buyers’ panels.
Once the seller clicks on ‘Pass’, then the message is sent saying that the “Lot passed”, eg: “Lot 1234 passed”. The seller can choose to cancel the last bid placed by clicking on the button ‘Retract’, and the message “Bid has been retracted” will be posted on both the panels, eg: “Bid $9 has been retracted”. The seller can close the sale by clicking on the ‘Sold’ button, and the message “Lot sold for to Bidder ID ” will be posted on both the panels,
For more details on our products and services, please feel free to visit us at: Auction house directory, Live auctioneer event, Auction calendar marketplace, Auction & Auction Marketplace.
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