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The auction preferences is responsible for handling the general Auction functionality.

Display

  • Show end time: Allow to show the end time of the auction.
  • Show UTC: Display the auction time in UTC format as well to make sure the user does not get confused based on his time zone.

Notifications

  • Notify this Email when Auction Closed: Provide an email if you want to be notified when the auction is closed.

Fee

  • Enable Auction Fee: Add a fee to each auction to be paid by the highest bidder.
  • Subscription Integration: Allow the store manager to setup a subscription for user to not have to pay a fee if they subscribe. Anyone without a subscription will pay the defined fee.
  • Percentage: Define a percentage for the fee to be applied on the total auction price.
  • Price: Define a fix price for the fee to be applied on the auction.
  • Currency: Choose the currency for the fix price.

Re-Listing

  • Automatic re-listing: Enable automatic re-listing of auction which expire and has no bidder.
  • Re-listing Period: Define the re-listing period in days. How long the new listing need to be auctioned for.
  • Grace Period: Define the grace period before re-listing an item. Before re-listing an item the system will wait for the grace period to expire and then re-list the item.

Important: The grace period is in hours

  • Notify Vendor: Notify the vendor that some auction have been re-listed.

auction-preferences