Description
How you can benefit from it:
- You will benefit from an effective model business catching the eye of those customers who usually take part in auctions to get products at advantageous prices;
- You will sell unique and refined products without diminishing their market value by setting a minimum start price to increase the profit margin;
- You will take advantage of the scarcity and competition principles to offer an ad hoc product, such as a custom or out-of-stock item, that your customers will perceive as unmissable.
FEATURES
- Auction creation
- Create unlimited auctions in your shop
- Create standard auctions: the user that bid the higher offer win
- Create reversed auctions: the user that bid the lower offer win
- Create sealed auctions: the current bid and the list of bids will be hidden
- Create auctions with fee: users has to pay the fee before to place a bid
- Set a start price for the auction
- Set a minimum increment amount
- Set the reserve price for the product: no one will win the auction below the specified amount
- Set a “buy now” price and let users end the auction by purchasing the product via the ‘buy now’ option
- Set the start/end date and time for the auction
- Hide automatically the “buy now” button after the first bid is placed or when a bid exceeds the auction reserve price
- Enable an option to automatically extend the end date of an auction if a bid is placed a few minutes before its end
- Show an optional countdown in the auction page or loop. Choose from different styles and customize the colors of the countdown.
- Bidding options
- Enable the “manual bidding”: when a new higher bid is placed, the bidders will get a notification to push them to bid again
- Enable the “automatic bidding” (Ebay style): the user enters the maximum he is willing to pay for the item. The system will automatically bid for him with the smallest amount possible every time, until the user’s maximum limit has been reached
- Enable a popup to ask the user to confirm the bid before it is placed
- Enable a popup to ask the user to pay a fee before to bid
- Auctions rescheduling
- Automatically reschedule an auction when product doesn’t have any bids
- Automatically reschedule an auction when bids don’t exceed the reserve price
- Automatically reschedule an auction when the winner did not pay for the product (you can choose to send a pay reminder to the winner, to send the winning notification to the 2nd higher bidder or to reschedule the auction)
- Admin tools
- Choose to show or hide the auction products on your shop
- Hide ended or not started auctions on shop page
- Show the complete list of auction products on any page of the site using the shortcode
- Check all bids placed on a specific auction from its product editing page
- Export a CSV file of the complete ‘auction list’
- Set the date and time format for auction products
- Override the global options on each specific auction
- Encrypt or show bidder usernames when they make a bid on the product
- Ban users from bidding
- Bidders tools
- Enable a watchlist so users can add the product they are interested in to this list
- Show a different badge for the highest bidder and/or winner
- Show a custom message for the winner on the auction page
- Show watchlist, current auctions, past auctions, future auctions in the sidebar using the widgets
- Update the auction page and ‘my auctions’ page automatically with Ajax to show new bids in real time
- Bidders can check the complete list of placed bids directly from the “My auctions” page
- Admin notifications
- Receive an automatic email when the auction expired and the product has no bids or the the reserve price hasn’t been reached
- Receive an automatic email when the auction expired and has a winner
- Receive an automatic email when a customer places a bid or a bid has been removed
- Receive an automatic email when an auction was automatically rescheduled
- Bidders notifications
- Send an automatic email to the bidder when the auction is closed
- Send an automatic email to the bidder when he successfully placed a bid
- Send an automatic email to the bidder when he won or lost the auction
- Send an automatic email to the bidder when his bid has been exceeded or when his highest bid didn’t reach the reserve price
- Send an automatic email to the bidder when his bid has been deleted
- Send an automatic payment reminder to the bidder that won the auction and hasn’t paid yet
- Send a winner email to the 2nd highest bidder if the winner not pay for the item
- Daily Cron Job to resend failed emails to winners