Web Solutions provide organizations with opportunities to exploit new channels for selling products and services. Our expertise and vast experience in the field of online retailing helps us in developing and customizing solutions that enable our clients to effectively manage their online auction portals. The online auction solutions developed by Websolutions India enable the creation of a global community of buyers and sellers.
With its potential to attract a large global community of sellers and buyers, online auction houses are being seen by retail and other organizations as a means to supplement and spread their area of operations. Websolutions India provides solutions that enable clients to create and manage virtual marketplaces wherein sellers are provided with the opportunity to offer their products and services on sale, for a specified time period, to the highest bidder. Buyers can browse through the elaborate online auction catalogues, containing detailed descriptions and images, and place their bids on selected items. Both buyers and sellers can view and track the bids made on the products. The solution provides the buyer with a platform to communicate directly with the seller, before placing the bid. When the auction period, during which the product is available for sale, has elapsed, the product is sold to the highest bidder. We ensure that the solutions offer secure online transaction processing by taking advantage of the latest Internet security standards, including 128-bit SSL encryption, as well as emerging credit card processing standards such as SET
Through our solutions, clients can offer products for auction themselves, or can serve as facilitators providing a platform wherein buyers and sellers can communicate and transact with each other.
Auction websites can be of the following types:
Reserve: In reverse auction sites, sellers can set the minimum price at which they are willing to sell their products or services. If the highest bid does not reach the minimum price, no sale takes place.
Absolute: In absolute auction websites, products or service are sold to the highest bidder and are not governed by minimum price factors.
Open: In an open auction, the bidding starts at zero and proceeds upwards by incremental bids from potential buyers. All buyers are made aware of the bids and are given an equal chance to increase it.
Closed: Same as the open auction except buyers are not made aware of bids made by other potential buyers.
Dutch: In a Dutch auction, products are initially offered at a high price, which is then gradually reduced until a bidder offers to buy it. Multiple identical products are available for sale. The first person to bid is allowed to purchase the product at the lowest price. This type of auction is useful when a business is selling a few expensive items with high demand.
The online auction software solutions developed by Websolutions India can serve as plug-ins that need to be integrated with existing websites or can serve as standalone auction sites. Depending on individual requirements and the complexity of the solution, Websolutions India offers the following modes of auction web site development:
Off-the-shelf products: Open source packages and third party vendors offer a wide array of functionalities and features for developing online auction solutions. Off the shelf products can be easily customized to suit business requirements thereby lowering development time and leading to higher cost effectiveness. They are easy to install, have secure, flexible and modular architectures and have easy to use interfaces.
Websolutions India helps its client to implement online auction solutions by integrating and customizing the various packages to suit their individual requirements.
Grounds-up development: If the complexity of the solution is high or if the desired functionalities are not available through off-the-shelf products or if a more robust and scalable platform is required, the grounds-up development mode is preferred.
Websolutions India possess the desired knowledge and expertise to develop solutions from scratch, to meet the individual requirements of clients. Our extensive experience in various platforms and framework such as the .net framework enable us to offer the best possible solution to our clients.
Browse a few of our latest Auction Website Design India work.
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