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Auctions Shopitera
4 AUCTIONS | 1472 REGISTERED USERS | 10 USERS ONLINE | Sep 18, 2020 16:58:35
Auctions Shopitera
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How does Dutch auction (Dutch)

In this case, the auction can be made for one or more product units and not for the entire product range, as is the case with the standard auction.
In the case of the Dutch auction (Duch), one or more identical goods are placed for bidding. Here I can buy directly with the price displayed within the stock limit or place an offer, which I am willing to pay. The first offer that is registered, no matter how small it is against the listing price, becomes the reference offer (winner) and no other offer below this value is accepted. There may be one or more winners, depending on the number of items auctioned and the number auctioned goods.
The winners of the auction are the buyers who made the biggest offers and the quantities they require, sums up, do not exceed the quantity of items offered by the seller. There is the possibility for the last winner to remain a smaller quantity than the one requested, called \\\\ "partial quantity \\\\". The partial winner has the right to refuse the partial amount, in which case he / she loses the winner.

How does standard auction?

Standard Auction
The starting offer is the lowest amount that can be entered as a batch bid (regardless of the number of items included in that batch) that is set by the seller and appears on that auction page. Instant Price (Buy) Here you can enter the price at which you are ready to sell immediately, even if the auction term is not over. This can be seen by bidders and must be higher than the starting price. Advantages of Instant Price Any bidder can bid for an item at instant price at any time to avoid either the risk of someone else buying the item or the need for waiting until the expiration of the set duration of the auction.The reserved price is the minimum price you are willing to sell. This will not be shown to the bidders during the auction. The advantage of the reserved price is that it gives the opportunity to \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ " reaches or exceeds the reserved price, provided the reserved price has been specified or if the reserved price does not exist, the offer that is equal or in the case of more than one bid, higher than the starting price. \\ r \\ nThe bidder's bid is to buy the goods at the price of his offer if the auctioneer is declared. The seller's bid is to sell at any price that is equal to or higher than the reserved price, provided that the reserved price is specified or the highest bid which the bid winner made The auction's duration may be 1,3,5,7,15,30 daysThe minimum bidding rate is displayed by the system depending on the priceThe bidder may have praliciteze? Yes, as long as the price is lower than the reserved price. Can the seller change the auction? Yes, as long as no offer has been made.

Activation of auctions

IMPORTANT !

Once you've set up the auction, you must go to section  "my acount" and  activate the pending auction