Creating an Auction
Get started by visiting the Auctions page, then click or tap Create Auction.
Each auction listing you create is attached to a product in your store. Auction plus provides three ways to create an Auction:
- Create a new product: A new product will be created with the provided title and optional image and description.
- Select existing products: Select one or more products that already exist in your store. An auction listing will be created for each product you select.
- Select a collection: Select a collection from your store, and an auction listing will be created for each product in that collection, up to 200 products.
Please note that there can only be one live auction at a time per product. If a product has more than one variant, only the first variant will be used for the auction.
On the right hand side, you will find the following settings:
- Auction Event (optional): Events are recommended when creating auction listings that share similar start and end times. Each listing will start at the time specified in the event. The closing time for listings can be customized to end at the time the event ends, or staggered so that all listings do not end at once.
- Start and end date and time: By default, the start date is set to the current time. This can be changed to a future date to schedule auctions in advanced. If an event is selected for this auction, these fields are removed and set based on the event dates.
- Start Price: The start price is a required field. Bidding will begin at this price.
- Bid Increment: By default, the bid increments will change depending on the starting price or current bid. Here is an example chart in USD:
Current Bid | Bid Increment |
$0.01 - $0.99 | $0.05 |
$1.00 - $4.99 | $0.25 |
$5.00 - $24.99 | $0.50 |
$25.00 - $99.99 | $1.00 |
$100.00 - $249.99 | $2.50 |
$250.00 - $499.99 | $5.00 |
$500.00 - $999.99 | $10.00 |
$1,000.00 - $2,499.99 | $25.00 |
$2,500.00 - $4,999.99 | $50.00 |
$5,000 or more | $100.00 |
You can also choose Fixed Amount to increase bid increments by a fixed dollar amount, or Percentage to increase based on the percentage of the starting price or current bid.
- Reserve Price: The reserve price is the minimum price at which the listing will be considered sold. The merchant reserves the right not to sell the product below this price. When a bidder places an auto bid bid at or above the reserve price, the showing bid is automatically raised to the reserve price. Now available on the Essential and Unlimited plans.
- Soft Close (Popcorn Bidding): When enabled, bids placed in the last minutes of the auction extend the listing by the amount specified. Now available on the Essential and Unlimited plans.
- Automatic Bids: Check this option to enable proxy bidding. When enabled, bidders will be prompted to enter the maximum amount they are willing to pay (the max bid) instead of manually placing a bid. The proxy bidding system will then place bids on their behalf up to the max bid amount they enter. If there are no current bids, the first bid placed will be the at starting price. If another bidder places a bid, the proxy bidding system will attempt to place a higher bid at the next increment above the competing bid.