How to
Manage Auction Products

Home Members Tools Guides How To Guides Vendor Manage Auction Products

This page is quite similar to adding a ‘Buy Now’ products. Click on the “Add New Auction Product” button.

You will see a new page to write new auction product data.

The beginning fields are the same and quite self-explanatory. So we will skip that part.

Start Price: This is the minimum price. So the bidding will start from here. Like you have set £100 as a starting price. So bidding will start from £100 and will increase each time when customers place a bid.

Bid increment: The amount that each customer will be able to increase each time while bidding. Like if you have set a starting price of £100 and increment to £20. So each time the customers increase the bid, it will increase like £120, £140, £160 and so on.

Reserved price: A reserve price is the lowest price at which you are willing to sell your item. If you don’t want to sell your item below a certain price, you can set a reserve price. The amount of your reserve price is not disclosed to your bidders, but they will see that your auction has a reserve price and whether or not the reserve has been met. If a bidder does not meet that price, you are not obligated to sell your item.

Buy it now price: Buy it now disappears when bid exceeds the Buy now price for normal auction or is lower than a reverse auction.

Auction Start date: You have to put the date you want to start the auction on. This can be the current time or a time that is coming 4 days later.

Auction End date: The time you will stop taking bids. After exceeding this time, people will not be able to bid on that product. You can also hide expired auction products from Simple Auction Settings.

Adding Attributes on Auction Products

While editing an auction product, you can add different types of attributes. See our ‘Buy Now’ products page guide to see how to do this.

Auction Activity

Now you can check out the activity of each auction product. You will get data on who is bidding, the amount, user email, etc.

Just click on the Auction Activity button from Vendor–> Dashboard–> Auctions.

On the next page, you will see all the activities of the auction product. You can filter the activity date-wise and also search for auction products if the list is too big.

Filter Options

You can filter date-wise, time-wise ( Date to and Date from works separately ). Also, you can search using the username and product name as well.

Stay informed with House of Assets
top stories, videos, events & news.