- A new product is created to make it as an auction able product or to make an existing product auction able product choose Reverse Auction condition to be ‘Yes’.
- The product will be available for auction for the time interval specified in the backend settings.
- User cannot place bid less than the specified amount.
- User can place any amount of bids, but only the last placed bid will be counted.
- Among the total bids only the lowest and unique bid will win the auction.
- The winner will be sent an email notifying him of his/her win. The winner has to purchase the product at the bidded amount within the claim days specified at the backend.
- The winner can then add the product to his cart at the bidded price and place order.
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