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Including application for forward, reverse, penny and silent auction; run your business the way you want on your terms with online auction software.
Just like an offline auction, the online auction is an online platform where the users make a call and if they are lucky enough, they get the bid. Working on the same agenda, the only difference between online and offline auction is of the medium. Online auction is technologically driven over the web. Speaking of the online auction, of course, you need software to conduct online. This is what an auction software does for you, provides you with a digital platform to conduct and manage your auctions.
Your Brand, Your Terms
Without any add-on charges conduct an online auction of your brand on your terms. No bargaining, no acceptance, it’s all your rules and regulations. Connect with other business hubs and professionals in your market field to make your auction successful.
Key Benefits Of The Auction Software:
Types Of Auction To Boost Your Business
Forward Auction
As the name suggests, the forward auction is a digital auction where the buyer has the option to forward it to someone over the same platform itself. Irrespective of where the seller and buyer belong to, the buyers can constantly bid for the product they are interested in. Finally, the highest bidder wins.
Reverse Auction
Going by the name, reverse auction means the receiver initiates the auction and not the provider. The service receiver’s role is to enter the complete information into the online reverse auction platform and then the service receivers raise their bids.
Penny Auction
The name itself indicates it isn’t free and has some charges attached to it. To be a part of the penny auction, the bidders are required to pay a fixed sum of money known as the non-refundable bid price. This is popularly known as the price paid to place a bid.
Silent Auction
The word “silent” is itself enough to explain the kind of auction it is. It is a hidden auction where no other person can see the bid price of their competitors. It is one of the variants of the old-school English auction papers.
Whichever auction you want to create, the auction software is ready with its tools to bang on your business.
Get Started With Online Auction In Simple Steps
Finally,
When your business is the best then why compromise on the software quality? Get the best auction software by WordSys Tech and be assured of 100% high quality. Always providing tech-rich and quality products are what this IT and software development company is famous for. Having to never compromise on quality and being cutting-edge updated with technology are the two goals of WordSys Tech.