Saturday, March 24, 2018, 07:48:22
• Electronic auction (E-Auction) is an e-business between auctioneers and bidders, which takes place on an electronic marketplace. • It is an electronic commerce which occurs business to business (B2B), business to consumer (B2C), or consumer-to-consumer (C2C). • The auctioneer offers his goods, commodities or services on an auction side on the internet. Interested parties can submit their bid for the product to be auctioned in certain specified periods. • The auction is transparent; all interested parties are allowed to participate the auction in a timely manner. • The two major types of the electronic auction are forward auction in which several buyers bid for one seller's goods and reverse auction in which several sellers bid for one buyer's order. Auction Types: • Beginner Auction • Penny Auction • Peak Auction • Cash Back Auction • Lowest Unique Auction • Highest Unique Auction • Seat Auction • Reserve Auction Standard Features: • Responsive Web Design • SEO User Friendly URL • Unlimited Product Listing • Message Communication • Review Management • PayPal Adaptive • Product Categories • Unique Dashboard • Free Installation User Features: • Place item on Watch list • Email Notification • Buy now • Testimonials • User Manage Own Account • Winner list • Won Auctions • Wish List Admin Features: • Admin can manage Product and Category • Admin can view user won product • SEO friendly URL • General Settings • User reports • Blog Management • Admin can manage Transaction • Manage Bid History • Manage Bid Packages • Admin can manage All auction • Manage Newsletter • User Bonus For more details Pls visit :
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