With Proxy Bidding

This page describes how the bidding will go with Proxy Bidding turned on.

 

Enable Proxy Bidding can be turned on from the Admin Control Panel > Listings > Auction page.

Note: This is the default configuration for these settings.

Proxy Bidding Scenario

The following example scenario illustrates how bidding works on an auction listing when the Proxy Bidding setting is turned On. (the default setting)

With Proxy Bidding enabled the user enters their maximum bid which the system then only bids up to as other bidders place their own maximum bids.

1. The Admin creates a listing with a Starting Price of $100.00.
   
2. AuctionBob enters a Bid of $299.00.
   
   
3. SusanSales enters a bid of $185.00.
   
   
4. AuctionBob's Proxy Bid is automatically entered as $190.00.
   
   
5. A third user, BidderBill, sees the listing's Current Price as $190.00 and enters a bid of $250.00.
   
   
6. AuctionBob's Proxy Bid of $255.00 is automatically entered and he remains the High Bidder.
   
   

Bid History

Date/Time	Username	Amount
9:05:34 PM	AuctionBob	$255.00
9:05:34 PM	BidderBill	$250.00
8:59:19 PM	AuctionBob	$190.00
8:59:19 PM	SusanSales	$185.00
8:57:39 PM	AuctionBob	$100.00