Auction Software is one of the most popular branded software that many entrepreneurs use for e-commerce. This auction software is completely different from other traditional auction software because it is applicable to online businesses. A basic internet connection is more than enough to operate this software. One can fully rely on this online auction software as it is quite economical and faster than any other tradition system. In addition, its features are totally amazing which you can see below.
Auction Software has its four paid featuring products such as forward auction, reverse auction, penny auction, and silent auction. All four products have their own features depending upon the price. However, it has entered the market with some common rich features mentioned below.
- The forward auction is electronic in nature and it is useful for the sellers who want to sell their properties to a number of potential buyers. It consists of various features like shipping, payment gateway, listing option, bulk uploading, bid management, red tag sale, and many more.
- Reverse auction lets the service buyer create comprehensive specifications into the secure platform of web-based reverse auction. It allows the service forwarders to submit their bids anytime. Its rich features are Escrow account, rehire in one click, search projects and providers via MAP, hire a contractor by the hour, mailbox, Redo Map, feedback & ratings, etc.
- With penny auction, you can enjoy the features such as auto bid, watch list, user-friendly dashboard, SEO built in, 3 bidding type, coupons, buy and sell platform, and so on. However, all participants must need to pay a non-refundable fee to submit a bid.
- The silent auction is a bit different from the above three auctions as it asks you to write bids on a sheet of paper. It has features including guest management, credit card checkout, bid via SMS, shopping cart to sell tickets, mobile & online bidding, track donors & donations, etc.
The policies of every company are different. Hence, some companies offer paid auction software and some even render free trial on the software. Auction software provides marketplace license solutions starting at $2,750 to grow your business. Also, you can call the Auction software team for discussing your business plans which you can take the most out of it.