Auctions have been in the picture since ages. Auctions are something that incite an action in the potential buyers and gets them to bid for the product on fair basis. The competition soars high because the bidders are well aware of the fact that the product will be sold in minimum time with best prices..Previously, the scenario was that a bidder needed to remain present the whole time while the auction was conducted but technology has made everyone's life easier. Any auction freak can set up an online auction store via e-commerce management website.
Magento doubtlessly surpasses the standards of every e-commerce platform but it does not facilitate all the functionalities. It lags behind when it comes to setting up online auction stores and fails to serve the purpose of it. Any e-commerce store owner expects a few customization options and maximum range of options to be offered to them, but as Magento does not provide all the options, we have gone a step further and developed a "Real-time Auction" extension for Magento 2 in order to alleviate the situation for the online auction store owners.
What makes this extension different and effective is a real-time feature. Customers can get notified on a real-time basis on product page whenever a customer bids on an auction. This apprises them of anything that goes on the auction page. Also, admin gets the right to set a minimum bid price and administer multiple auctions simultaneously.
How it works?
Setting an online auction store via Real-time auction extension for Magento 2 is quite user-friendly once the admin is intimated about the modus operandi of this extension.
Real-time auction extension is an exceptional extension because of its way of operating. Admin is the king and admin rules this store. It facilitates the admin to direct multiple auctions simultaneously, set minimum bid price, set price gap between 2 bids, auto-extend the auction close time and the list goes on and on. So, in order to get acquainted with detailed features of this extension, EXPLORE!
Customer gets real-time notifications on product page as new bids get placed making the auction live
View bid history
Customers can view the history of the bids they have placed
Admin can set multiple auctions at the same time
Customers get SMS notifications for appropriate bid updates
Allow or restrict customer or customer group for bidding in auction
Manage bid price
Set minimum bid price and minimum price difference between two bids
Auto extend auction time if someone places bid in last specific minutes
Add to Watchlist
Customers can add any auction to watchlist
Customers get email notification on placing successful bid or when another customer places higher bid
Auto notification to auction winner and other bidders via email
In this rapidly evolving world, customers want to be aware of all the changes concerning them. Real-time auction extension for Magento 2 provides a feature through which they receive real-time notifications on the product page as soon as new bid gets placed. This feature also makes the auction live inducing other customers to actively participate.
To make the task even easier, we have used a cost-effective "Pusher" 3rd party service. You need to make an account on pusher.com to access this service.
To send an SMS, you need to get suitable SMS API from any SMS gateway provider based on your location. We offer the service of free customization to send an SMS through customer's selected SMS sender API.
We can provide you help for more knowledge about SMS sender gateway.
An email notification is one of the easiest ways to notify bidders about the updates of latest bids. So, through this feature, customers can get notifies about his successful bid, the bid raised next to him, and when he wins the auction.
Manage bid price
An online auction is a win-win situation. Admin can set the minimum bid price i.e., starting price of the auction and gain that price or more whereas customers can bid on the product and surpass other customers in order to win the auction. Reserve price, the minimum price which a seller wants to earn for the product in auction, can also be set in this extension. If the highest bid amount is less than the reserve price, the auction gets terminated with no winner declared. Also, the admin can manage the minimum and maximum price gap between two bids.
"Going, going and gone" is something so stimulating that it makes the customer want to bid even at the last moment. So, this extension provides a feature which extends the auction end time if some customer places a bid in last minutes. If a bid comes up in last X minutes. auction ending time will increase by Y minutes.