Using our YITH WooCommerce Auction plugin you will not only be able to make auctions for your products, but thanks to the integration of our YITH WooCommerce Multi Vendor you will have the chance to create a real portal for online auctions, allowing all of your vendors to create auctions of their own and letting you earn a share on each one of their sales.
Auctions are simple: anybody can place a bid for a specific product and if no other bid exceeds the previous one, then they win the item.
This allows buyers to grab products for their best price and allows vendors to generate a profit sometimes bigger than anticipated.
A truly performing sales system in which buyers will be able to:
- Set up automatic raises;
- Buy items right away using the “Buy now” function;
- Look into every single auctions, including old ones;
- Look into the list of people interested in each auction.
- Create an unlimited number of auction products for the shop;
- Set a start price for the auction;
- Set the reserve price for the product: no one will win the auction below the specified amount;
- Set the start/end date and time for the auction;
- Enable automatic raising when another user places a higher bid;
- Allow user to end the auction by purchasing the product immediately at a fixed price;
- Encrypt or show usernames when they make a bid on the product;
- Send an automatic email to the user when:
- the auction is closed;
- he/she won the auction;
- his/her bid has been exceeded;
- Receive an automatic email when:
- the auction expired and the product has no bids;
- the auction expired and the reserve price hasn’t been reached;
- the auction expired and has a winner;
- Show the recent auction products in the sidebar;
- Choose to show or hide the auction products on your shop;
- Hide the products on “Shop” page for which the auction is closed or hasn’t started yet;
- Extend the expiration date of an auction if a bid is placed a few minutes before its end.
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