Product Auction App for Shopify enables the feature of a bid or auction on your e-commerce website. Moreover, the admin can enable the bidding feature on products he wants to go for auction and can monitor all the bids happening on the store from the app itself and much more. This magical app called Auction, which will enable the feature of bidding and auction of products on your e-commerce website. So don’t wait, install the Product Auction app & start Bidding.
Admin can create and manage auction for any product.
Make the auction process legitimate on your store by enabling the Join Fee feature.
Enable the proxy-bidding feature within the app to have a less time-consuming bidding process in the app.
Also, allow customers to place a normal & proxy bid with a single button. Explore!
Option to manually end the bid, also, to start auction automatically.
Admin can even restart the unsuccessful auctions. Explore
Set increment rules and the increment gaps while creating Auctions.
Set reserve price – The minimum price which must be reached, to have the winner.
Enable the option to stop Auction if the product gets out of stock.
Enable the option to edit customer’s bid.
You can enable the option to disable the Add to cart once the bid amount exceeds the actual price of the product.
Admin can also view all the bids and happenings in the notification section.
Admin can also edit the labels for the front end.
The customer can view the bidding history.
Admin can also enable/disable the ‘Add To Cart’ button if the bid amount exceeds the actual price.
Admin can choose to display the following information on the storefront: bid count, current bid (product and collection page), Sort Running Auctions on the basis of Recently Added, No. of Bids or About to End.
Once the bidder wins the auction, it depends on admin how he/she wants the bidder to pay the winning amount.
The winner will either pay the auction winning amount or some percentage of the winning amount set by the admin. If the admin selects the % of winning bid, he/she needs to enter the percentage amount. Admin can also enter the Capped amount if he/she wants the auction winner to pay the maximum amount.
“Capped Amount is the maximum amount to be paid by the auction winner”.
NOTE:- In the case of % of winning bid: -If Entered Percentage of (Auction winning amount)>Capped Amount Then, the Auction winner will pay the Capped Amount.
-If Entered Percentage of (Auction winning amount)<Capped Amount Then, the Auction winner will pay the entered Percentage of the winning amount.
You can now customize the auction widget shown on the product description page.
This is how the widgets look:
Change or reset the look of the front end and design by changing the color of the background, themes, button text, label, and much more.
Label Configuration: Edit the labels of buttons on the front and rename them as per your requirements such as changing the label of time end, bid end date, place my bid and much more.
Mail Configuration: Configure the after win, purchase reminder, after proxy loses mail content such as mail subject and content. These different event’s email status can also be enabled/disabled.
Popcorn Bidding, also known as Dynamic Bidding, is a way of giving the bidders who were outbid an opportunity to rebid.
Enable this option, enter the time within which you want to extend the auction deadline. Enter the time by which you want to extend the auction deadline and lastly, enter the number of times this whole popcorn bidding scenario can reoccur.
Note: To make the popcorn bidding feature by default enabled for all the future auctions, you can enable the popcorn bidding feature from the app’s Configuration > Auction Configuration Section:
Real-time Bid Update
Product auction app is now upgraded with the feature of real-time bid update. So, from now onwards, once a bidder places a bid for a product, the bids will get updated on the auction window page for all the other bidders who are live on auction.
No need to refresh the page again & again to update the last bid placed for any item.
So to configure this, visit the Product Auction app from Shopify backend > Configuration > AuctionConfiguration.
You can notify customers once a proxy bid is placed. For this, you need to enable the settings from the Auction Configuration menu of the app.
Once enabled, you will get an option to configure the mail template on your own.
Allow Customers To Place Normal & Proxy Bid With A Single Button
You can now allow customers to place a normal and a proxy bid using a single button for an auction product.
If the bid amount is greater than Bid Price + 2*(Increment) then, it will be considered as a proxy bid.
Let’s take an example:- If the current bid amount is 100 and the minimum increment allowed is 10, then if the customer places the bid for 120 [Bid Price + 2*Increment] or more then it will be considered as a proxy bid for the auction, but in case the customer bids less than 120 then it will be added as a normal bid.
You just need to enable the option from the “Auction Configuration” menu of the app.
Enabling this option will let you choose whether you want to enable Proxy bidding for all the running & upcoming auctions OR only for newly created auctions products.
Customer will place both normal & proxy bid with the same button.
NOTE:- If the bidding value is greater than and equal to Current Bid + 2*(minimum allowed bid- Current Bid) then, this will be placed as a proxy bid.
Default Bid Rule
Now, the admin can set the default bid rules for the auctioned products of his store.
From this, you can maintain the gap between the bidding amount. If there is no rule defined for any particular bid, then the nearest increment rule will be taken.
Once you save the added bid rules, a dialog box will appear. Here, you can decide whether you want these bid rules to be effective on all the auctions added to your store or just on future auctions.
The added bid rules will be by default added to all your future auction. Moreover, you can alter the by-default bid rule for any individual auction while adding/editing it.
How To Add Product For Auction?
Firstly, the admin needs to add auction on products and then, the customer will bid on any of those products.
Click here to know how to add a product for auction.
This section of the Product Auction lists the products set for auction by the store owner. From here each product auction details can be viewed by clicking on the view button in front of the products. Clicking on view auction in front of the product will redirect you to the auction detail page for that product.
Once you will click on View Auction section, it will list the products with their auction’s start and end date, current bid, and the auction status. Click ‘view’ to see a detailed structure of product bidding history, bidder details and even the remaining time for auctions in the running phase.
Clicking on add auction button will let you create an auction for that product by filling up auction form containing bid start-end date and time and much more. Once the auction is created and then you click on view auction; you can view all its entered details.
Add Auctions in Bulk
Add multiple auctions at one go by following these steps:
Further, on the redirected page, click on the Select Products button.
Now, select the products on which you want to add auction from the product listing pop-up & click on Add. Refer:
Furthermore, fill the add auction form with the required details as usual.
The admin will receive an email once the auction is added successfully to all the selected products. In case any product auction fails to update, the information will be included in the received email with the reason for failure.
This section lists the products with their auction’s start and end date, current bid, and the auction status. Click ‘view’ to see a detailed structure of product bidding history, bidder details and also the remaining time for auctions in the running phase.
Moreover, on this page, there is a filter using which the admin can sort out auctions based on ‘Have Winners‘ & ‘Purchased‘.
Have Winners: This will sort out a list of all the auctions on the store which have winners. Purchased: This will list down the auction products which are bought by their winners.
Moreover, clicking on view, you will be redirected to the page containing details about the app.
Declare New Winner
In the Product Auction app, you can now declare a new winner even if the bidder has not reached the reserve price.
Once the auction ends, you can visit the Auction section & choose the auction to view its winner details.
On the auction detail page, you will get a button “Declare New Winner“. Clicking that button, you can view the list of all the bidders. Select a bidder whom you want to declare as a winner for that particular auction product.
Clicking the Declare New Winner button, you need to select a bidder & approve him/her as the Auction Winner.
Any buyer can bid for a product on which the auction is enabled by the store owner, the only requirement for bidding is to have a buyer account. The bidder will see this auction window(ref below image) for the product on which auction is enabled. The bidder will have to log in and start bidding.
A brief history of bids made can be viewed by the bidder by click on a number of bids section just above place my bid.
History of all the bids made by bidders can be viewed by visiting my account section of the eCommerce store.
Clicking on View your bids button on my account page of the customer will make him view the history of bids made along with current bids, lost bids and won bids in separate dedicated sections.
For the products on which store owner wants to enable auction, the store owner will have to visit that product from Shopify backend’s product section and have to enable auction by clicking on the three dots on the top right. Once the auction is selected, that product will start getting reflected in the product section of the Product Auction and the auction can be configured from there. Refer to the image below: