{"id":295998,"date":"2021-08-24T12:00:15","date_gmt":"2021-08-24T12:00:15","guid":{"rendered":"https:\/\/webkul.com\/blog\/?p=295998"},"modified":"2026-05-07T13:18:36","modified_gmt":"2026-05-07T13:18:36","slug":"laravel-ecommerce-multi-vendor-auction","status":"publish","type":"post","link":"https:\/\/webkul.com\/blog\/laravel-ecommerce-multi-vendor-auction\/","title":{"rendered":"Laravel eCommerce Multi Vendor Auction"},"content":{"rendered":"\n<p><a href=\"https:\/\/store.webkul.com\/laravel-ecommerce-multi-vendor-auction.html\">Laravel eCommerce Multi-Vendor Auction<\/a> module enables the admin or seller to auction their products. One of the most effective methods of selling is an auction. The admin or seller can also set the auction option as Automatic, Reserve, or Incremental Auction for the seller\u2019s product.<\/p>\n\n\n\n<p>Moreover, it offers the buyer notification via mail on the auctioned product when the buyer&#8217;s bid is outbid or wins an auction. The seller can also assign the number of days till the buyer can buy the product.<\/p>\n\n\n\n<p><strong>Please Note<\/strong>&nbsp;\u2013 To use this extension, you must purchase and install&nbsp;<a href=\"https:\/\/store.webkul.com\/laravel-multi-vendor-marketplace.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Laravel Multi-Vendor Marketplace<\/strong><\/a>, first.<\/p>\n\n\n\n<div class=\"wk-index-wrap\"><div class=\"block-wrap\">\n<h3 class=\"wp-block-heading index-title\">Feature List of Laravel eCommerce Multi-Vendor Auction&nbsp;<\/h3>\n<\/div><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Allows the auction feature for the marketplace sellers and admin products.<\/li>\n\n\n\n<li>Incremental, Automatic, and Reserve Auction Option set by the admin.<\/li>\n\n\n\n<li>Admin can enable or disable the Email notification option to Admin, seller, outbid buyer.<\/li>\n\n\n\n<li>If User bid will be outbid then the user will notify automatically by mail.<\/li>\n\n\n\n<li>Winners will be notified by email via Admin.<\/li>\n\n\n\n<li>Date time picker for date and time selection for admin\/seller.<\/li>\n\n\n\n<li>Edit and delete feature for product auction for admin\/seller.<\/li>\n\n\n\n<li>Support Simple, Downloadable, and Virtual type products only.<\/li>\n\n\n\n<li>The winner message can be set by the admin.<\/li>\n\n\n\n<li>The customer can check complete bid details such as bidder name, bid amount, bid status on the product.<\/li>\n\n\n\n<li>Both admin and seller can view the bidder list from their panel<\/li>\n<\/ul>\n\n\n\n<div class=\"wk-index-wrap\"><div class=\"block-wrap\">\n<h3 class=\"wp-block-heading index-title\">Installation of the module: Laravel eCommerce Multi-Vendor Auction&nbsp;<\/h3>\n<\/div><\/div>\n\n\n\n<p>Unzip the extension package and merge the <strong>&#8220;packages&#8221;<\/strong> folder into your project root directory.<\/p>\n\n\n\n<p>Goto composer.json file and add the following line under <strong>&#8216;psr-4&#8217;<\/strong><\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">\"Webkul\\\\MpAuction\\\\\": \"packages\/Webkul\/MpAuction\/src\"<\/pre>\n\n\n\n\n<p>Run the following commands<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">composer dump-autoload<\/pre>\n\n\n\n<p>Goto bootstrap\/providers.php file and add following line under <strong>&#8216;providers&#8217;<\/stron<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">Webkul\\MpAuction\\Providers\\MpAuctionServiceProvider::class<\/pre>\n\n\n\n<p>Run the following commands to complete the setup<\/p>\n\n\n\n<pre class=\"EnlighterJSRAW\">php artisan mp-auction:install<\/pre>\n\n\n\n<pre class=\"EnlighterJSRAW\">php artisan optimize:clear<\/pre>\n\n\n\n<p>Add the following line to the crontab for automatic Auction winner and status update.<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">* * * * * php \/project_root_folder_path\/artisan auction:update:winner<\/pre>\n\n\n\n<p>Or you can run the command manually:<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">php artisan auction:update:winner<\/pre>\n\n\n\n<p><strong>Note: ONLY FOR SECOND BUYER<\/strong><\/p>\n\n\n\n<p>Add the following line to the crontab for second auction winner update.<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">* * * * * php \/project_root_folder_path\/artisan auction:update:second-winner<\/pre>\n\n\n\n<p>Or run manually:<\/p>\n\n\n\n<pre class=\"wp-block-preformatted\">php artisan auction:update:second-winner<\/pre>\n\n\n\n<p>That&#8217;s it, now just execute the project on your specified domain.<\/p>\n\n\n\n<p>** NOTE: To use this module customer needs to install the bagisto &amp; bagisto marketplace.<\/p>\n\n\n\n<div class=\"wk-index-wrap\"><div class=\"block-wrap\">\n<h3 class=\"wp-block-heading index-title\">Admin Configuration<\/h3>\n<\/div><\/div>\n\n\n\n<p>After the successful installation of the module, the admin can navigate to <strong>Bagisto Store&gt;&gt;Configure&gt;&gt;MarketplaceAuction.<\/strong><\/p>\n\n\n\n<p>The admin has an option to enable and disable the Auction module. Also, they have the option to enable and disable the other functionalities from the different tabs as shown below:-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-1\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configure-2.webp\" alt=\"Module configuration\" class=\"wp-image-531255\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configure-2.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configure-2-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configure-2-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configure-2-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>The admin also has the options to do the Automatic Auction, Reserve Auctions, and Email Notification from the back-end as shown below:-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-2\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configother.webp\" alt=\"Other config options\" class=\"wp-image-531257\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configother.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configother-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configother-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/configother-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>However, the admin can set any custom message as the winner message for the customer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"reserve-auction\">Reserve Auction<\/h2>\n\n\n\n<p>A reserve price is the minimum amount the seller is willing to sell an item for. If the reserve price isn&#8217;t met, the item won&#8217;t be sold.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-3\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction.webp\" alt=\"Create auction\" class=\"wp-image-531261\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p><br>Sellers or admin can choose to add a reserve price when listing an item in an auction. Unless they state their reserve price in the listing, you won&#8217;t know what it is until you either meet it or bid above it.<br>If you bid below the reserve price, you&#8217;ll see a <strong>&#8220;Reserve not met&#8221;<\/strong> message. This means that even if you&#8217;re the highest bidder at the end of the auction, you won&#8217;t win the item.<\/p>\n\n\n\n<p><br><strong>NOTE &#8211;<\/strong> If the reserve price is not met and no one is the winner that case seller can reduce the reserve price and can again put the product in the auction.<\/p>\n\n\n\n<p><strong>Condition 1<\/strong><br>Bidders did not reach the Reserve amount which is applied by the seller.<\/p>\n\n\n\n<p>Even on the higher bid. No one will win if the reserve price is met.<\/p>\n\n\n\n<p><strong>Condition 2<\/strong><br>The bidder reached the Reserve amount.<\/p>\n\n\n\n<p>If the bidder crossed the reserved price then only they are eligible to purchase the product.<\/p>\n\n\n\n<p>Now sellers can also sell the product.<\/p>\n\n\n\n<p><br><strong>Enable Reserve Price<\/strong><\/p>\n\n\n\n<p>If Reserve Auction is enabled then Seller will be allowed to win for the item once the bid amount meets or exceeds the Reserve Price.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Increment Auction Option<\/h2>\n\n\n\n<p>In this type of auction process, basically what happens is that, when an auction is applied, the seller who is selling a product can set various ranges for the price with an increased amount limit.<br>In this basically when the price range of the bid is achieved, then the next bid should be placed more than the new amount which appears after the increment.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-4\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-1.webp\" alt=\"Increment auction\" class=\"wp-image-531265\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-1.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-1-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-1-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-1-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>The Increment bid is the amount by which a bid will increment each time the current bid is outdone. Increment bid amount settings will be done by the seller.<br>In the case of incremental Auction, a bid will be raised each time. It predetermines based on the current high bid.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-5\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/incrementprice.webp\" alt=\"Incremental price range\" class=\"wp-image-531270\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/incrementprice.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/incrementprice-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/incrementprice-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/incrementprice-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p><strong>Example for the Increment Auction<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Current High Bid Range<\/strong><\/td><td><strong>Increment<\/strong><\/td><\/tr><tr><td>$100 &#8211; $500<\/td><td>$10<\/td><\/tr><tr><td>$600 &#8211; $1000  <\/td><td>$20<\/td><\/tr><tr><td>$1100 &#8211; $1500  <\/td><td>$30<\/td><\/tr><tr><td>$1600 &#8211; $2000  <\/td><td>$40<\/td><\/tr><tr><td>$2100 &#8211; $2500  <\/td><td>$50<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><br>Now brief explanation with example.<br>Customer A is the first bidder on a listing where the starting price is $50 and you place a maximum bid of $70.<\/p>\n\n\n\n<p>In this case, nothing will happen.<br>The next Highest Bidding will be $70.01 and above.<\/p>\n\n\n\n<p>Customer B another bidder, places a bidding amount on the same product with $120.<\/p>\n\n\n\n<p>In this case, the increment bidding price will work.<\/p>\n\n\n\n<p>Bidding Done by Customer B = $120<br>Checked the increment table &#8211; it says&#8217;s $100 &#8211; $500 increase on the current bid should be $10.<br>So now the highest current bid will be $120 + $10 = $130<br>Now the next bidder will place the bid more the $130.01.<br>Hence this is the complete flow of the bidding process in incremental Auction.<br>Result &#8211; Same as Standard Auction, Highest Bidder till the auction is over will be the winner.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Automatic Auction<\/strong><\/h2>\n\n\n\n<p>Automatic bidding is the easiest way to bid on an eBay auction. Simply enter the highest price you\u2019re willing to pay for an item.<\/p>\n\n\n\n<p>Buyers and bidders can set automatic bids with their maximum desired price in auctions, keeping it private. These automatic bids automatically outbid others up to the minimum needed to stay on top. The bidders&#8217; maximum bid remains hidden if the admin chooses.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-6\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-2.webp\" alt=\"Automatic Auction\" class=\"wp-image-531272\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-2.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-2-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-2-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-2-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>Other bidders bid based on the current highest bid until they meet the reserve price or their bid expires. If someone matches or surpasses your maximum bid, you&#8217;re notified by email to place a new bid.<\/p>\n\n\n\n<p>If your maximum bid is higher than others or the current bid, you win at the current bid. This system also works with incremental price settings if enabled by the admin.<\/p>\n\n\n\n<p><strong>Example Related to Different Cases.<\/strong><\/p>\n\n\n\n<p><strong>Case A<\/strong> &#8211; Without Reserve Price in Auction and Incremental Price.<\/p>\n\n\n\n<p>Seller A &#8211; Product Auction Price &#8211; $100<\/p>\n\n\n\n<p>Customer A &#8211; Automatic Bidding applied &#8211; $600<br>Customer B &#8211; Automatic Bidding applied &#8211; $400<br>Customer C &#8211; Automatic Bidding Not Applied.<\/p>\n\n\n\n<p><strong>Results &#8211;<\/strong><br>1. Customer A will win if no one reaches the highest Bidding if no one reaches till $600<br>2. If Customer C makes a bid of more than $600 let&#8217;s say $700.<br>&#8211; Customer A will receive a mail for increasing the bid, If the bid is increased then Customer A will win if no one reaches the Highest Bid.<br>&#8211; Customer C will win if Customer A will not increase the Bid Amount.<\/p>\n\n\n\n<p><strong>Case B<\/strong> &#8211; With Reserve Price In Auction.<\/p>\n\n\n\n<p>Seller A &#8211; Product Auction Price &#8211; $500<br>Reserve Price Added &#8211; $1500<\/p>\n\n\n\n<p>Customer A &#8211; Automatic Bidding applied &#8211; $800<br>Customer B &#8211; Automatic Bidding Applied &#8211; $1000<br>Customer C &#8211; Automatic Bidding Not Applied.<\/p>\n\n\n\n<p><strong>Results &#8211;<\/strong><br>1. If the Reserve Amount is reached<br>&#8211; Customer B will win if the Reserve Amount is crossed if Customer B increases the Automatic Bid by more than $1000 and No other customer crosses the highest bid.<br>&#8211; No one will win if the Reserve Price is not met.<br>&#8211; If Customer C reaches the Reserve amount and also makes a bid more the automatic Bid.<br>&#8211; Other customers with Automatic Bid will get a mail notification, If they increase the auto bid amount one can win accordingly.<br>&#8211; If Other customers do not increase the limit, Customer C will win.<\/p>\n\n\n\n<p><strong>Case C<\/strong> &#8211; With Reserve Price and Increment Price.<\/p>\n\n\n\n<p>Seller A &#8211; Product Auction Price &#8211; $1000<\/p>\n\n\n\n<p>Customer A &#8211; Automatic Bidding applied &#8211; $5000<br>Customer B &#8211; Automatic Bidding applied &#8211; $4000<br>Customer C &#8211; Automatic Bidding Not Applied.<\/p>\n\n\n\n<p>Incremental Price<br>1200 &#8211; 1500 -&gt; 10<br>1600 &#8211; 2000 -&gt; 20<br>2100 &#8211; 3500 -&gt; 30<\/p>\n\n\n\n<p><strong>Results &#8211;<\/strong><br>1. No One will win if any of the customers do not reach the reserved auction price.<br>2. Reserved Amount is reached<br>&#8211; Let&#8217;s say<br>* Customer A Initial bidding amount = $1300<br>then next bidding for other bidders\/buyers will be increased<br>1300 + 10 = 1310 (Next Bidding will be more than 1310).<\/p>\n\n\n\n<p>* Customer B Initial Bidding Amount after incremental price = 1800<br>then next bidding for other bidders\/buyers will be increased<br>1800+20 = 1820<\/p>\n\n\n\n<p>* Customer C Initial Bidding = $4000<br>Till now no customer reached the Reserve Amount but Customer C reached the Limit.<\/p>\n\n\n\n<p><strong><span style=\"text-decoration: underline;\">Results<\/span><\/strong><br>1. A mail notification will be sent to the Automatic Bidding Customer to update the price. If the Price is not updated by any customer then Customer C is the winner.<br>2. Customer A increased the price<br>&#8211; Customer B did not increase and Customer C is also below the Highest Bid, then Customer A is a winner.<br>3. Customer A and Customer B both Increased the Amount.<br>&#8211; In this case, the highest automatic bidder will be the winner.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front.webp\" alt=\"Auction view on front\" class=\"wp-image-531285\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"reserve-auction\">Email Notification Option<\/h2>\n\n\n\n<p>Using the Email Notification, the admin can enable the following options so that the email can go to the desired person.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-7\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email.webp\" alt=\"Email Notification Option\" class=\"wp-image-531298\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Multi-Vendor Auction Admin View<\/h2>\n\n\n\n<p>The admin can manage the auction by clicking the marketplace tab and then proceeding with the manage auction as shown below:-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-8\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-1.webp\" alt=\"Laravel eCommerce Multi Vendor Auction Email System\" class=\"wp-image-531313\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-1.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-1-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-1-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/email-1-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>The admin can create new auctions or edit the existing ones by just clicking the action button as shown in the picture below.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auctionedit.webp\" alt=\"Edit Auction\" class=\"wp-image-531326\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auctionedit.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auctionedit-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auctionedit-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auctionedit-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>In the above picture, the admin can find the list of the products in which they want to start the auction with the listed products.<\/p>\n\n\n\n<p><br>Either the Products are related to the admin and the admin can set the type of auction, starting price, reserve, or fixed price, auction starting &amp; ending date, and other information as mentioned above.<\/p>\n\n\n\n<p>The admin has the option to see the details of the bidding and automatic bidding as shown below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-9\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/bidding.webp\" alt=\"Laravel eCommerce Multi Vendor Auction Bidding\" class=\"wp-image-531327\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/bidding.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/bidding-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/bidding-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/bidding-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>The admin has the option to do the increment price range for the bidding and they can also have the option to edit the existing one or create a new one as shown in the picture below.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-10\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/increment.webp\" alt=\"Laravel eCommerce Multi Vendor Auctionv incremental price\" class=\"wp-image-531329\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/increment.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/increment-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/increment-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/increment-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>In the above picture, the admin can set the price range &#8220;From&#8221; and &#8220;To&#8221; with an increment price. The increment price will denote the gap between the initial and next bid done by the customer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Buy it Now <\/h2>\n\n\n\n<p>The &#8220;Buy It Now&#8221; option will not appear if the product is not in an auction.<br>The &#8220;Buy It Now&#8221; option can be used multiple times if the product is in an auction. If the seller or admin approves the product and completes shipment and invoicing, then the auction will stop.<br>The &#8220;Buy It Now&#8221; price will be set at 30% higher than the current bidding price.<br>If a reserve price is set and both the bidding price and automatic bidding price are below the reserve price, the product&#8217;s amount will be increased to match the reserve price plus 30%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-11\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-3.webp\" alt=\"Buy it now\" class=\"wp-image-531330\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-3.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-3-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-3-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/createauction-3-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>If bidding or auto bidding surpasses the reserve price, the &#8220;Buy It Now&#8221; price will be based on the current bidding price.<br>If a customer has set up auto bidding, they will need to purchase the product above the automatic bidding amount.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-12\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-1.webp\" alt=\"Buy it now ffront view\" class=\"wp-image-531331\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-1.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-1-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-1-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/front-1-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Make Offer <\/h2>\n\n\n\n<p>The price should be at least 30% higher, as customers in this case are aware of the actual product price. Seller selects make offer functionality while creating a product in Auction. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/makeoffer.webp\" alt=\"makeoffer\" class=\"wp-image-531332\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/makeoffer.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/makeoffer-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/makeoffer-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/makeoffer-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>Customers need to specify a minimum quantity that applies to the auction.<br>Similarly, here the price will increase by at least 30% or more for the offer.<\/p>\n\n\n\n<p>Seller approves customer offer request:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-13\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/offer.webp\" alt=\"Make offer admin end\" class=\"wp-image-531333\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/offer.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/offer-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/offer-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/offer-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>If the seller\/admin approves the offer, the customer can purchase the product at the offered price.<br>If one offer is already pending for the product, other offers will not be processed.<br>If an offer is rejected, the customer can submit another request for a make offer with an increased price.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/frontmakeoffer.webp\" alt=\"Make offer form\" class=\"wp-image-531338\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/frontmakeoffer.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/frontmakeoffer-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/frontmakeoffer-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/frontmakeoffer-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<div class=\"wk-index-wrap\"><div class=\"block-wrap\">\n<h3 class=\"wp-block-heading index-title\">Front-end view:-<\/h3>\n<\/div><\/div>\n\n\n\n<p><br>On the front end section, the customer can see the complete bid set by the admin or seller. It will include the time of the auction left, the customer bid amount, open bid, next bid, etc. and Automatic bid (if enabled)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-14\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/nextbid.webp\" alt=\"Laravel eCommerce Multi Vendor Auction front view\" class=\"wp-image-531339\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/nextbid.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/nextbid-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/nextbid-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/nextbid-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>As you can see in the above picture, the customer can put the bid amount and place the order. Also, they have the option to place an automatic bid by clicking the check box.<br>The Automatic bid will help to place the bid automatically on the previous set bid and it will go to the maximum limit of the bid automatically.<\/p>\n\n\n\n<p>Also, a notification is published on the frontend side of the product detailed pages once the auction is being completed as shown below:-<\/p>\n\n\n\n<figure class=\"wp-block-image size-large wp-duotone-unset-15\"><img decoding=\"async\" width=\"1200\" height=\"964\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-1200x964.webp\" alt=\"Laravel eCommerce Multi Vendor Auction Winner\" class=\"wp-image-531340\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-1200x964.webp 1200w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-300x241.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-250x201.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-768x617.webp 768w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-1536x1234.webp 1536w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/winner-2048x1646.webp 2048w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>Also, the customer can see the complete bid details as shown in the figure:-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full wp-duotone-unset-16\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/customer-1.webp\" alt=\"Laravel eCommerce Multi Vendor Auction Bid Details\" class=\"wp-image-531344\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/customer-1.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/customer-1-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/customer-1-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/customer-1-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<p>As you can see in the above picture, there are 2 options i.e Normal Bid list and an Automatic Bid list. The normal bid details will show the name of the bidder, amount, and time stamp.<\/p>\n\n\n\n<p>The Automatic bid list will show the final amount of the bidder as mentioned in the bid as shown below:-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1120\" height=\"880\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auto.webp\" alt=\"Laravel eCommerce Multi Vendor Auction Auto\" class=\"wp-image-531346\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auto.webp 1120w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auto-300x236.webp 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auto-250x196.webp 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/08\/auto-768x603.webp 768w\" sizes=\"(max-width: 1120px) 100vw, 1120px\" loading=\"lazy\" \/><\/figure>\n\n\n\n<div class=\"wk-index-wrap\"><div class=\"block-wrap\">\n<h3 class=\"wp-block-heading index-title\"><\/h3>\n<\/div><\/div>\n\n\n\n<p>That&#8217;s all about the Laravel e-commerce multi-vendor auction.<\/p>\n\n\n\n<p>If you have any issues please feel free to add a ticket and also let us know your views to make the module better&nbsp;<a href=\"https:\/\/bagisto.uvdesk.com\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/bagisto.uvdesk.com\/en\/<\/a><\/p>\n\n\n\n<p>Thanks for reading the blog.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Laravel eCommerce Multi-Vendor Auction module enables the admin or seller to auction their products. One of the most effective methods of selling is an auction. The admin or seller can also set the auction option as Automatic, Reserve, or Incremental Auction for the seller\u2019s product. Moreover, it offers the buyer notification via mail on the <a href=\"https:\/\/webkul.com\/blog\/laravel-ecommerce-multi-vendor-auction\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":346,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8396,8929],"tags":[2072,8055,74,8678,106,1611],"class_list":["post-295998","post","type-post","status-publish","format-standard","hentry","category-bagisto","category-e-commerce-bagisto","tag-auction","tag-bagisto","tag-ecommerce","tag-laravel","tag-marketplace","tag-marketplace-auction"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Laravel eCommerce Multi-Vendor Auction<\/title>\n<meta name=\"description\" content=\"Laravel eCommerce Multi-Vendor Auction module enables the admin to auction their products. 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