Online Auctions

As the marketplace moves from bricks and mortar to clicks and enter space, more and more businesses feel the need to be online. One of the most lucrative businesses in this space is Online Auctions. Online auctions have the benefits of global reach, being available 24*7 and requiring minimal administrative inputs. Sigma Infosolutions provides an Online Auction solution which is flexible, robust and user-friendly.

The solution is an auction engine equipped to deal with various auction models. The feature rich solution can be customized on various parameters to suit the site owner's requirements. The look and feel can also be designed to your preferences.

Sigma Infosolutions auction solutions are built with high-end technologies so that it competes with the faster growing demands like multiple auctions, automated status emails, moving items to for-sale, maintaining huge databases etc. Advanced HTML editor is being used for the item descriptions.

Some of the specific accomplishments of this solution

Provision to conduct more than 60 simultaneous auctions with over 110 bidders on each auction. The solution allows more than 100,000 users at any given instance. Allows users to shop online without participating in an auction. Permits allowing or blocking of bidders in an auction. Significant reduction in cost, time and effort required to arrange an auction. Available 24*7, throughout the year.

Auction Format Related

Supports Individual Auctions, Multiple product auctions and Online Selling at a stipulated price without any auction. Wide-range of catalogs available to place the listings. Allows linking an item listed to a Primary and secondary catalog. Proxy bids accepted in advance and placed during the live auctions. Bids are placed intelligently favoring maximum advantage to the buyers.

Facilitates various kinds of Multiple product auctions 

• Registered users can bid

• Users accepting the terms and conditions and approved by sellers

• Private auctions where users are invited by Sellers (Password based)

• Reordering of the items in the Multiple product auctions possible

Interaction Related

Advanced HTML editors with several pre-defined templates to enable sellers to write effective descriptions about their products. Enquiries with the seller regarding any items can be done during the preview Keeping items on Watch List would enable reminders or alerts coming in with respect to the corresponding auctions. Reporting abuse to the admin can be done on the preview of the item. Excellent feedback and rating provisions provided to sellers and buyers. This improves the confidence while doing business. Advertisement templates provided for Multiple product auctions Post-auction mails facilitated.

Security Related

Secured registrations and encryption for the critical information provided. Payment transactions done within the system without moving out of the portal. Allows blocking and allowing bidders in an auction.