Magento Marketplace Seller / Vendor Auction - Magento Marketplace Auction allows the feature for marketplace seller’s product by which seller can add auction in their product also they can update and delete the auction so that buyer can bid on the product. Admin can set Automatic, Reserve, Incremental Auction for seller’s product.
This module is an add-on of Marketplace Module . To use this module you must have installed first webkul Marketplace Module.
Magento Marketplace Seller / Vendor Auction Features
- This module allows the auction feature for marketplace seller’s product.
- Incremental Auction Option set by admin.
- Automatic and Reserve Auction option set by backend.
- Admin can enable or disable Email notification option to Admin, seller, outbid buyer.
- Admin can Enable Email Notification for Auto bid to outbid autobid buyer.
- Enable Email Notification for Auto bid to owner from backend.
- If user bid will be outbid then user will notify automatically.
- Seller can add Auction option.
- Seller can manage Auction.
- Date time picker for date and time selection
- Edit and delete feature for product auction.
- Fully admin management
- Multi Lingual support / All language working including RTL.
- Compatible with Multistore.
Magento Marketplace Seller Auction module provides the standard Auction. This type of auctions are oftenly used by the auctioneers. In this the auction will be very simple bids will start and the highest amount bidder will win the auction.
- Admin have the feature to enable/disable the Auction.
- Admin can enable/disable the relist option.
- Admin can show/hide bidder's name, auction price, current bid price.
- Admin have the feature to show/hide auction details.
- Admin can show winner message at the front-end when the winner has been decide and bid will end.
- Allow edit/delete option for Vendors.
- Admin can enter the Auction rule. It displays at bid report page.
Magento Marketplace Seller Auction module provides the Increment Auction. In case of Increment Auction, a bid will be raised each time. It is predetermined based on the current high bid. In incremental auction if any bidder place a bid, then the current price will increase with incremental price. Like if you are the first bidder and place a bid of $30. Then current bid becomes $40 ($30 + $10 incremental price). No one can place a bid less than $40. Let’s explain this using an example.
The Increment bid is the amount by which a bid will be increment each time the current bid is outdone. Increment bid amount setting will be done by admin and seller.
Magento Marketplace Seller Auction module supports the Automatic Auction. Store owner can also enable or disable the Automatic Auction option with automatic bidder details, price, bidders, outbid messages. Let's understand about Automatic Auction.
- When you(buyer) place an automatic bid with the maximum amount that you want to pay for the product.
- The other bidders don’t know about other’s bidder automatic bid if disable by admin.
- The other bidders place bids on based on the current high bid. bid will be placed until the bid meets the reserve price or until it expires.
- If another bidder places the same maximum automatic bid or higher, then you will be notified by mail, so that you can place another bid.
- If Your maximum bid is not exceeded by another automatic bidder or current bid, then you will win the bid at the current bid.
Reserve Auction & Email Notifications
In reserve auction sellers can sell products if the bid price will match or exceed the reserve price.In case of Reserve price, if the bid price of higher bidder is less than reserve price then no one will win the auction. In the email notification option, admin can enable/disable email notification for admin, seller, outbid buyer, autobid to owner etc.
- Admin can set global reserve price for reserve auction.
- Winner will be the one who have given a higgest bid which will match or exceed the reserve price.
- Allow admin to enable/disable the email notification for admin, seller, outbid buyer.
- Allow admin to enable/disable the email notification for autobid to outbid autobid buyer.
- Allow admin to enable/disable the email notification for autobid to owner.
"Buy it Now" and "Auction / Bidding" at the same time
Multi vendor auction system have this out of the box feature by which vendor or seller can add the new product as an auction or but it now or both together
- Buy it now only option
- Online bidding auction only
- buy it now and auction at the same
Magento Marketplace Seller Auction SUPPORT
For any query or issue please create a support ticket here http://webkul.com/ticket