Create a new auction
Steps to manage
1. Open the app > click Auctions > Profiles > click Create a new auction button
2. Enter the auction information: name, start bid, bid increment
3. Set up the start time and end time of the auction
Note:
- If the start time has not come, the auction is pending
- If the start time comes, the auction is running
4. Select products for the auction. The auction widget will show up on product page and collection page. 
5. Set up Advanced settings (optional) 
6. Click Save
The auction widget will show up on the product page you selected.
To make sure the app works on the site, please make sure the app embed is activated on the theme here
How does auction work on the site?
- The auction widget shows on the product page (product you selected in the auction config)
- Customers click Place bid button on the auction form to bid for the product.
- When the end time comes, the auction widget will close. Learn more
Auction configuration
The configuration window for an auction includes the following settings:
Products
The configuration window for an auction includes the following settings:
You can select product(s) for auction in 3 ways:
- Manually: Add products to this auction profile one by one.
- pply for all products on your store
- pply for all products on your collections.
Name
Please enter the auction name in the field. The auction name will be used to manage all the auctions easier.
Start and Close time
- Start time: The planned time to officially start the auction
Note:
-If the start time is after this moment, the auction will be pending.
– If the start time is from today and at the moment, the auction will be running.
- Close time: The planned time to close the auction.
Note: The closing time value has to be greater than the starting time value.
Start and close time in the front end:
Starting price
Starting price is the amount suggested by the auctioneer to open the bidding.
There are 2 ways the store owner can set up the starting price:
- Fixed amount: you place a price you want.
- Percentage: The starting price will be calculated based on the product price
Bid increment
Bid increment: The minimum amount at which a new bid must exceed the previous bid.
There are 2 ways to set up the bid increment:
- Fixed amount: you place a price you want.
– Current price/opening bid is US$ 10
– The bid increment is US$ 5
==> The next acceptable bid must be equal to or more than US$15.
- Percentage: The bid increment will be calculated based on the product price
– The product price is 400$.
– The bid increment is 10%
=> The fixed amount is 40.
Penny products
Tick to Penny Auction checkbox if you want the bidder to buy penny products to get bidding turns.
Reserve price
This price prevents the auction from being won by a bidder who offers a price lower than the pre-defined Reserve price.
- Tick to Reserve price checkbox if you want to set up a reserve price
- After that, tick to Show reserve price on front store checkbox if you want to show the reserve price on auction widget on your front store
- Enter the reserve price amount in the field. There are 2 ways to place the buy out price:
– Percentage: the reserve price will be calculated based on the product price
Popcorn bidding
Popcorn bidding, also called Dynamic bidding, is the way the host gives the bidders more time to rebid.
When a bid is placed in the time left period, an extra time period will be added which allows bidders to place more bids.
When enabling this feature, you need to define the time left and the extended time amount (Unit: minute).
- Tick to the Popcorn bidding checkbox
- After that, 2 fields will appear> Enter the time you want to set up the popcorn bidding
– Active when time left is less than: If a bid is placed during the this last minutes of the auction, the closing time will be automatically extended
– Update the time for bidding to: Additional time for every time a new bid is submitted the auction in last minutes
Buyout price
Buyout price is a price that, if accepted by a bidder, immediately ends the auction and awards the item to him/her.
- Tick to the check box Automatically close the auction when a customer bids the buyout price if you want to enable this feature.
- Tick to checkbox Show buyout price on front store if you want to show the buyout price on the front end.
- There are 2 ways to place the buy out price:
– Percentage: The buyout price will be calculated based on the product price
Automatic bid
Automatic bid, also known as Proxy bidding
Automatic bid occurs when bidders have the option to set a maximum price that they would be willing to pay for an item and then allow the computer system to bid for them by the bid increment until someone places a higher bid than their maximum.
Steps to manage
1. From app admin page, go to Auctions > Profiles > open the auction profile you want to set up.
2. In Advance setting sessions, tick to Automatic bid checkbox
3. Click Save
Tutorial video
Need support?
If you cannot figure it out, don’t hesitate to contact us via email [email protected]. We are happy to help!