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auction starting with price going down

 
Post new topic   Reply to topic    phpbb-auction.com Forum Index -> Feature Request
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Do you like to have also auctions available with prices going down?
yes
100%
 100%  [ 5 ]
no
0%
 0%  [ 0 ]
Total Votes : 5

Author Message
Kiss News
Super Auctioneer
Super Auctioneer


Joined: 15 Jul 2004
Posts: 232

PostPosted: Mon Jan 03, 2005 10:04 am    Post subject: auction starting with price going down Reply with quote

Hello!
I believe this would be a great feature on the auction:
Special rooms with the price starting high and going down.

For example:
a seller wants to sell an item for not less than $ 15,-, but obviously wants to make the most money possible.
he starts selling the auction for let's say $ 100,-
he sets: start price: US $ 100,-
end price: US $ 15,-
the auction then starts with US 100,- and there should be a live ticker with the price going down every minute or second. For example 1 cent per minute. So each hour, the price goes down 60 Cents. Maybe the seller should also be able to choose how many Cents per minute the price should drop.

As soon as a buyer hits the "buy it now" button, he wins the auction for that price shown at the time of purchase.

It may also work with normal bids, that means, the auction might stop whenever the auction meets the price someone is bidding.
If nobody bids, the auction stops at $ 15,-, because the seller does not want to sell it below this price.

Those different kind of auctions can be done in specials rooms in special categories, which are indicated.

This would be an additional feature, which CAN be offered, but must not be offered. If an admin wants to have those rooms for those kind of special auctions, he can offer them, but he does not have to.

This way sellers can make a lot more money. If someone really wants to have an item, he will buy it for a high price to make sure he gets it.
At a normal auction people usually do not bid as much as they are actually really willing to pay for some reason...
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frold
Super Auctioneer
Super Auctioneer


Joined: 16 Feb 2004
Posts: 225

PostPosted: Tue Jan 04, 2005 2:16 pm    Post subject: Reply with quote

I think that reverse auction is already req!
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Crogon
Moderator
Moderator


Joined: 17 May 2004
Posts: 574
Location: Anywhere I'm needed.. which is usually everywhere. ;)

PostPosted: Tue Jan 11, 2005 9:46 am    Post subject: Reply with quote

frold wrote:
I think that reverse auction is already req!


Yup. Wink

About 15-20% of these new requests have already been requested or have been requested in part. I really need to kick myself in the rear and clean this forum up before it gets out of control. Confused
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