Webkul Store
Magento 2 Seller Auction Marketplace Add-on

Description

Marketplace Seller Auction for Magento 2: Marketplace Seller Auction module allows the feature for marketplace seller’s product by which the seller can add auction in their product so that buyer can bid on the product.

At an auction, competitive bidding nature of the potential buyers means that the product's selling price often exceeds the expected value of the product. This will increase the profit levels of any business.

Please Note -

  • This module is an add-on of the Magento 2 Marketplace Module. To use this module you must have installed Webkul Magento 2 Multi-Vendor Marketplace Module first.
  • Magento Marketplace Seller Auction module will work with Simple, Downloadable, and Virtual type products only.

 Highlighted Features

 Seller Notification

This feature allows email notification option to Admin, seller, outbid buyer.

 Multiple auction type Supported

Set Automatic, Reserve, Incremental Auction for seller’s product.

 Multiple Product type supported

Simple, Downloadable, and Virtual products can be added.

 Set Auction Date & Time

The seller can set the start and stop date and time for the product.

What is the use of this module and why should I use it?

Using Marketplace Seller Auction for Magento 2 module, you can convert your marketplace into an online auction place. This could be the most effective way of marketing your products and can gain maximum sales profit.

In an auction, the buyers will help you to determine the true market value of your product. Because it allows the customer to bid on your products and buys the product at the bid price.

Both sellers and admin can add an auction for the products. While auctions, the seller can sell antiques, paintings, rare collectibles, and expensive items online. The seller can even add/edit auction and manage auction easily.

 Auction Product Page

The auction product page shows the buyer details like the – Current bid amount, count-down timer for the auction to end, minimum and maximum quantity that can be purchased, box to enter the bid amount, and the bid now button.

Apart from this, the buyer can also see the bid details like – Available time for the offer, Bid rule applicable on the product, normal and automatic bid list is also visible to the customer.

The buyers can find the below details on the product page -

  • Current bid amount. Count-down timer for the auction to end.
  • Minimum and maximum quantity that can be purchased.
  • A box to enter the bid amount.
  • Available time for the offer.
  • Bid rule applicable to the product.
  • Normal and automatic bid list.

 Winner Message on Product Page

After the customer has won the bid, the customer will receive an email confirming the same. The buyer can go to his account section and proceed further to buy the product with the bid amount.

  • The winner will receive an email confirming the same.
  • The buyer can purchase the product for the Bid price.
  • The buyer can see the Winner message on the product page.

 Standard Auction

Magento Marketplace Seller Auction module provides the standard Auction. This type of auctions is often 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 has the feature to enable/disable the Auction.
  • Admin can show/hide bidder's name, auction price, current bid price.
  • Admin has the feature to show/hide auction details.
  • Admin can show the winner message at the front-end when the winner has been decided and the bid will end.
  • Allow edit/delete option for Vendors.
  • Admin can enter the Auction rule. It displays a bid report page.

 Increment Auction

Magento2 Marketplace Seller Auction module provides the Increment Auction. In the case of Increment Auction, a bid will be raised each time. It is predetermined based on the current high bid.

In an incremental auction, if any bidder places 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 of less than $40. Let's explain this using an example. The Increment bid is the amount by which a bid will be incremented each time the current bid is outdone. The increment bid amount set will be done by admin and seller.

 Automatic Auction

Store owners 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 bidder's automatic bid if disable by admin.
  • The other bidders place bids on based on the current high bid. the 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 a reserve, auction sellers can sell products if the bid price will match or exceed the reserve price. In the case of Reserve price, if the bid price of a 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, auto-bid to the owner, etc.

  • Admin can set the global reserve price for reserve auction.
  • Winner will be the one who has given the highest 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 auto-bid to outbid auto bid buyer.
  • Allow admin to enable/disable the email notification for auto-bid to the owner.

Add Auction on Product by the Seller

Magento Marketplace Seller Auction module allows the seller to configure auction on their products effortlessly. The seller can easily add auction from their panel.

  • The seller can set the auction option as Buy Now or Auction or both.
  • The seller even can set the starting price for the auction
  • Also, the reserve price can configure for the auction by the seller
  • Seller will enter the start and stop time by using calendar and time setter for the auction.
  • In addition, the seller can enter the number of days until the winner can buy the auction product, Minimum, and Maximum quantity for the auction product.

Handling of Auction Product List by Seller

Not even the admin the seller can also manage the auction for their products. The seller will have the list of auction products on which auction has been applied.

  • The seller can edit and update the existing details for the auction if required.
  • The seller can view complete auction details from the auction product list.
  • Once the bid will place by the customer, the seller can also see the bid details from their panel.
  • The seller can also check the auto-bid details such as bidder's name, bid amount, and time stamp(when a bid has placed)

 Marketplace Mobile Application for Magento 2

After creating a major share in the world of the e-Commerce software marketplace, Webkul is all set to move into the new arenas of mobile applications and is stepping from the world of e-Commerce to m-Commerce with its new product Mobikul Marketplace for Magento 2

A product that is going to provide its esteemed customers with lots of features, to relish their shopping experience in a more easy and mobile way in order to provide Ubiquity, Convenience, Interactivity, Personalization, and Localization, which is just some taps and swipes away.

  • To attract the attention of the customers any time anywhere, while they are on a move with their mobiles.
  • To Open a New Avenue for increasing the Sales.
  • Providing flexibility and ease of connectivity, in learning about customers.

 Complete Features List

  • This module allows the auction feature for the marketplace seller’s product.
  • Incremental, Automatic, and Reserve Auction Option set by the admin.
  • Sellers can also enable or disable the different auction options for their products that have been allowed by the admin.
  • Admin can enable or disable Email notification option to Admin, seller, outbid buyer.
  • If the user bid will be outbid then the user will notify automatically.
  • Winners will be notified by email via Admin.
  • Date time picker for date and time selection for admin/seller.
  • Edit and delete feature for product auction for admin/seller.
  • Multi-Lingual support / All language working including RTL.
  • Compatible with Multi-Store.
  • Support Simple, Downloadable, and Virtual type products only.
  • Winner message can be set by admin.
  • The customer can check complete bid details such as bidder name, bid amount, bid status on the product.
  • Both admin and seller can view the bidder list from their panel

Support

For any query or issue please create a support ticket here http://webkul.uvdesk.com/.

You may also check our quality Magento 2 Extensions.

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Product Version
5.0.0
Supported Browsers
Firefox 5+Google Chrome 14+Internet Explorer 7Internet Explorer 8Internet Explorer 9Opera 11Safari 5
Tags
Released
7 years ago
Last Updated
8 months ago
Supported Version
Magento2.0.x 2.1.x2.2.x2.3.x2.4.x