Popcorn bidding is a feature available on our charity auction website to ensure fairness and opportunity for all bidders, especially for high-value and popular items.
How does it work?
- Continuous Extension: This extension will keep occurring if bids continue to be placed during these additional five-minute windows. For example, if a bid is made with one minute remaining, the auction time will extend by another five minutes.
- Time Extension: If a bid is placed during the last five minutes of an auction, the closing time will automatically be extended for an additional five minutes from the moment the last bid was registered.
- Closing the Auction: The auction for the item will finally close once there is a period of five minutes without any bidding activity.
Why Do We Use Popcorn Bidding?
Popcorn bidding serves two purposes:
- Fairness: It ensures that bidders have ample time to reconsider and place another bid if they truly desire the item. This feature prevents situations where a bidder might feel they lost an item simply because they didn’t have enough time to react.
- Strategic Bidding: It discourages last-minute, or “sniping,” strategies where bidders wait for the final moments to place a bid, hoping others won’t have time to counter.
By incorporating popcorn bidding, we aim to provide a fair and exciting auction experience for all participants.
How to Turn Popcorn Bidding On and Off
Step 1. Go to “Add/Edit Items” then click the item you want to turn on the popcorn bidding.
Step 2. Click on the “Enable Popcorn Bidding” option, and then select the duration of your choice in minutes.
Instructions for CLASSIC users:
By incorporating popcorn bidding, we aim to provide a fair and exciting auction experience for all participants.
How to Turn Popcorn Bidding On and Off
Step 1) Click “Auctions,” then “Manage Auctions.”
Step 2) Click on the name of your auction.
Step 3) On your auction’s Dashboard, click on “Items,” then “Add Items.”
Step 4) Scroll down until you see the “Popcorn bidding” option. Click either “Yes” or “No” to turn that function on/off. Once all changes have been made, click “Save and exit.”
Get Support
If you encounter any issues during the transition or have questions about the new features, our support team is just a click away.
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