Software by Bidsonline

Bidsonline specialises in developing professional auction software products for the auction industry. Agile and powerful tools for Auctioneers | Easy & Simple for Bidders.


Timed Online Auctions

Webcast Auctions

EasyBids

CarsPlus

Reverse Auctions

Card Payments

REVERSE AUCTIONS

An ideal auction method for selling produce. Used in a number of markets: Fish and flowers are leading examples. Each lot has a quantity of boxes or bins all of which are identical. Bidders bid by selecting the quantity they want when the price drops to an acceptable amount. Once a bidder buys the remaining quantity is auctioned. The price rises and then falls this allows other bidders to buy close to the last price. This method suits a market where the bidders are in the trade and understand the process.

Everybody pays the lowest price.

The same reverse auction method, however, all buyers pay the lowest price reached. Ideal for the retail market especially when coupled with a live presentation. Bidsonline developed an internet shopping channel using this method: Shop Window www.shopwindow.com.au

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