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Auction
This section provides settings specific to the 'Auction' listing type.
Enabled - When checked, the 'Auction' listing format option is available when creating new listings.
Listing Duration Options - Determines how the seller can specify the end date for their listings. The following options are available:
- Duration Only - When creating new listings the seller
will be able to select how many days until the listing will close. See
also 'Duration Days List'.
- End Only - When creating new listings the seller will be able to specify the date and time when the listing will close.
Duration Days List - Enter the number of days you wish to
list. This option will only be available if 'Duration Only' is selected
in the 'Listing Duration Options'.
Example: 3,5,7,10
Enable Proxy Bidding - When checked bids are automatically
entered on behalf of the bidder for the lowest amount required to win
the item. Otherwise, the maximum bid amount entered is automatically
entered at the time it is placed.
Enable Shipping - When checked sellers may specify shipping cost details when creating or editing listings.
Auction Bid Increments - Bid increments determine the minimum valid bid
amounts users may enter when placing bids on auction listings in order
to outbid the current high bidder on auctions.
To set Bid Increments:
- Enter the 'Price Level' above which this increment applies. For
example, '100.00' indicates that this bid increment applies when the
current high bid reaches $100.00.
- Enter the 'Increment' amount required to place a new bid at this
price level. For example, '5.00' indicates that the next bid must be
at least $5.00 greater than the current high bid.
- Click 'Save'.
- You may delete any bid increment rows by selecting the 'Delete' checkbox.
Example: A $5.00 bid increment is
specified for the $100.00 price level and a $10.00 increment is
specified for the $500.00. For an item that is currently at $490 the
minimum acceptable bid amount is $495. The item then receives several
more bids bringing the current price up to $505. The next bidder must
enter at least $515 in order to place a bid.
See also
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