best auction script

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NAuction Genuine Script for Managing Online Auction

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Page 1: Best Auction Script

NAuctionGenuine Script for Managing Online Auction

Page 2: Best Auction Script

Auction - Know-How

Customer participates in the auction process and places highest bid.

Bids are nothing but minimum incremental amount that can be added

with the current price of the product.

The user has to participate in the auction before the count down timer

reaches zero.

Goods are sold to the most offering customer

Page 3: Best Auction Script

NAuction – What we Provide

We provide a completely reliable and safe auction script to launch your

own online auction website.

We provide Premium and Platinum version of the product that are

feature-rich with 100% source code, FREE Installation, and multiple

language support

A Demo has been included in our site for you to experience the feel of our

product (http://nauction.ndottech.com/demo.html)

We provide wonderful themes for making your Auction site to be more

attractive.

Page 4: Best Auction Script

Auction – Process Flow

Administrator creates category and adds products

User creates login account with the site

User buys bid packages (as money or bids)for deposit amount

Page 5: Best Auction Script

Auction – Process Flow

User logs into auction page

Browses for particular productSelects the auction types – live, future, closedViews product details like description and minimum bid amountParticipates in auction by placing bidUses auto bid and watch list to his advantageBuys product if won

Page 6: Best Auction Script

Auction – Process Flow

User shares auction products in social media to earn bonus

User refers friends to earn bonus income

Admin backend:

Process the money transactionDelivers goods to shipping address upon verificationSends email letter to users on regular basis

Page 7: Best Auction Script

Auction – Process Flow

Administrator manages blogs on site

Site is optimized with meta description, banners, static page etc

More visitors are attracted to the site.

Page 8: Best Auction Script

Auction – Payment Process

The users can either buy the product or win an auction to own the product.

The payments can be done flexible using the Paypal, credit card and other gateways as available on the site.

Page 9: Best Auction Script

Bidding Types – Penny Auction

The penny auction allows the users to buy the packages

such as Silver, Gold, and Platinum

These package amount can be set using the back-end

settings panel

Admin fixes the minimum bid increment value.

The bidders can place the bid while the timer counts the

time.

The timer is reset when a bid is placed.

The bidding winner will be the last bidder who bids when

the timer goes zero and there is no one to bid.

Page 10: Best Auction Script

Bidding Types – Beginner

A new member is eligible as Beginner to enjoy the low bids

with low account amount.

This option is valid only upto 30 days from registration,

after which he becomes an old member like other bidders.

He also becomes an old member if he wins an auction

within 30 days.

Page 11: Best Auction Script

Bidding Types – Peak Auction

The auction will be on the live only for the fixed peak hours

daily (Ex: 8 to 6:30), as set by the administrator.

It will begin at start time and close at end time, and resume

again on start time the next day.

Page 12: Best Auction Script

Bidding Types –Lowest UniqueIn lowest unique bidding, the default range for bid increment is

fixed by the admin

Bid can be chosen or can be entered manually.

When a user places a bid using 'Bid me' option, user can choose the

minimum increment amount or the bid amount which will not be

known to other bidders.

The amount is deducted from his account while it is incremented

with the bid value.

The person who has made the lowest bid in the list is announced as

winner after the closing time.

Page 13: Best Auction Script

Bidding Types –Highest UniqueIn highest unique bidding, the default range for bid increment is

fixed by the admin

Bid can be chosen or can be entered manually.

When a user places a bid using 'Bid me' option, user can choose the

minimum increment amount or the bid amount which will not be

known to other bidders.

The amount is deducted from his account while it is incremented

with the bid value.

The person who has made the highest bid in the list is announced

as winner after the closing time.

Page 14: Best Auction Script

Bidding Types –Clock Bidding Type/ Dutch Bidding Type

The bidding starts with a high asking price that is set by the

auctioneer.

The product is bought when the participant purchases the product

at the price set by the auctioneer or when it reaches a

predetermined reserve price which is the minimum price set by the

auctioneer.

In Clock auction, the timer runs count up

Page 15: Best Auction Script

Bidding Types –Scratch Bidding

Scratch bidding type contains only a starting date to begin the

auction without end date.

Here the product's price gets reduced by certain units when the

participant clicks or scratches the Scratch option.

Also a specific time period will be set, within which the product has

to be purchased otherwise an alert message “Time Over” will be

displayed on the screen when the scratch option is clicked.

Page 16: Best Auction Script

Bidding Types –Reserve Bidding

This is an interesting bidding where the participant doesn't make a

single bid, but does multiple bid.

It assigns the Nauction to do the bidding as per a criteria.

This particular criteria will be kept secret from other bidders and

they will never be aware of it until the bidding process gets over.

Page 17: Best Auction Script

Bidding Types –Cash Back Bidding

Here the winner gets back the entire cash that he or she has used

in bidding.

The next two consecutive bidders get 50% and 25 % of their cash

back.

The winner not only gets the product but also gets the cash that he

has spend in the bidding, while the second last bidder gets 50% and

third last gets 25%.

Page 18: Best Auction Script

Bidding Types –Seat Auction

Here the site admin will define a given number of seats in the

Admin panel.

To take part in the auction process, the participant has to purchase

a seat which has a fixed value.

Only limited seat takers can participate in the auction.

The participant will not be charged for placing bid in that auction

and the given seat cannot be used for other product's auctions.

The product will be available for bidding only within the end date

Page 19: Best Auction Script

Bidding Types –Bid based auction

This is mainly based on the bids.

User can buy packages (Gold, Silver etc) by paying amount for

which certain quantity of bids are credited into his account ( Ex:

500 bids for $1000)

Later when the user participates in bidding, the number of bids get

decreased for each bidding.

As usual the highest bidder wins the auction.

Premium bid-based auction supports Beginner and Penny auction

types.

Page 20: Best Auction Script

Bidding Types –Buy Now

This option has been included with the auction products such that

the user can buy the auction product at the product price even

when he/she may lose in bidding.

Any user can use the Buy Now option to avail the product similar to

shopping cart.

Page 21: Best Auction Script

Notable Product FeaturesFree installation

12+ Bidding types

Category-wise listing

SEO friendly URL

Bid pack management

Transaction log

Referrals

Social network sharing

Manage blogs, newsletters, banners

Auction watch list with transaction history

Currency setup with 24 Paypal currencies

Page 22: Best Auction Script

Why Choose NDOT?

5+ years of experience in e-commerce website

development

Developed more than 30+ Auction websites

Unique product features

Reasonable cost

Easy download and installation

Easily manageable admin panel

No manpower needed to maintain

Customization to client's requirements

24x7 customer support

Page 23: Best Auction Script

Contact

NDOT Technologies Pvt Ltd

Floors 1,2,3 , Block no:3,Mullai Nagar, Maruthamalai Main

Road,Coimbatore - 641 041,India.

Phone: +91 422-434-2519

[email protected]

Demo:

http://nauction.ndottech.com/demo.html