Online Auction &
Marketplace Platform
We specialise in turn-key software solutions for business in the eCommerce and auction industry. You can choose the most suitable package between Online Auction Solution and Online Marketplace Solution in accordance with your business idea.
Merkeleon Internet Auction Software is a perfect combination of cutting-edge technology, modern design and high performance. For more than 10 years it has been providing companies and individuals with a unique tool to start their way in the online auction business. Used as a ready-to-set auction, the system is easy to operate and administer, yet innovative and complete. A large number of exclusive features, best modules and tools of each auction type makes e-auction software stand out in the market and helps to compete with the industry leaders.
Online auctions
Online auction is an online platform where users place
bids to win lots. Each lot placed on an online auction is
available for a limited amount of time. The most
convenient thing here is that users from any part of the
world can participate in the auction.
Merkeleon online auction software is a technologically
innovative solution on the market for launching online
auctions of any business type. 10 years of hard work
and extensive experience of working with customers
around the globe allow us to provide a flexible
e-commerce software solution for not only creating
successful online auctions, but also for creating large
electronic trading portals like eBay.
Online marketplaces
Online marketplace comprises an unlimited number of
buyers and sellers. If you want to become the owner of
an online marketplace, you can apply our ready-to-go
solution to launch your business in a short time. In
addition to direct sales, users have the opportunity to
use other popular types of bidding, such as auction,
tender, reduction and even custom-elaborated bidding
mechanism.
Among the key features of Merkeleon product are secure
transactions, the ability to pay in cryptocurrencies, a
user-friendly custom brandbook interface, internal
marketing module for business promotion and sales,
ability to create your own-label online shop.
Starting price
The initial auction price is below the market cost, which is attractive to players.
Auction bids
The buyer has the right to make a bid that exceeds the previous one by the minimum price step or more.
Duration
Auction time is limited. It is set by the seller.
Winner
Auction time is limited. It is set by the seller.
Process
There are 2 types: direct auction and tender. The former: suppliers receive quotes from buyers. The latter: buyers receive bids from suppliers.
Auction bids
Prices may be shown to all the participants, while the identity of the participants is unknown. Alternatively, offers can be hidden from everyone except for the buyer.
Access rights
Depending on the access rights, suppliers are free to register and take part in the auction, or to be able to participate only after passing moderation.
Winner
The offer with the best price, or with the most favorable conditions for the buyer wins. The winner is selected manually at the end of the auction.
Starting price
The initial auction price is set equal to or slightly below the market cost. It immediately attracts participants.
Price step
The price is reduced by a price step, which is defined by the auctioneer (if the price is open) or with each subsequent price viewed by one of the participants (if
the price is hidden).
Bid price
To see the current auction price for a limited time and make a purchase decision, the user needs to pay a small fee (only if the price is hidden).
Winner
The auction is won by the bidder who firsts makes a purchase decision clicking on “Buy” when they see the current price.
Starting price
It starts with a predetermined minimum price. The starting price is often much lower than the average price for the same article in the market.
Auction bids
Each of the user bids should be paid. This guarantees the owner’s income, even if the expensive item is sold much cheaper. The price of the bid is more than the price step.
Timing
The auction is limited in time. Each bid increases the duration of the auction for a certain amount of time. The bidder who makes the last bit wins.
Winner
Active bidding begins at the end of the auction, when only a few seconds remain. The winner of the auction becomes the participant who makes the last bid at the end of the auction.
Starting price
The market value is indicated. In order to participate players need to buy bids at a fixed price. This guarantees the owner’s income in any case, even if the expensive item is sold much cheaper.
Bids
Auction participants do not see the bids of other players. They see only the leader’s name but do not know the amount of the bid he placed. The auction owner can set a limited number of bids from one player.
Timing
The seller can set the auction duration. When the time expires, the system will determine the winner by their unique bid.
Winner
The winner is determined by the lowest or highest unique bid. If there is no unique bid at the end of the auction, the item will not be not sold.
Online Auction &
Marketplace Platform
We specialise in turn-key software solutions for business in the eCommerce and auction industry. You can choose the most suitable package between online auction solution and online marketplace solution in accordance with your business idea.
Online Auctions
Online auction is an online platform where users place bids to win lots. Each lot placed on an online auction is available for a limited amount of time. The most convenient thing here is that users from any part of the world can participate in the auction. Merkeleon online auction software is a technologically innovative solution on the market for launching online auctions of any business type.
10 years of hard work and extensive experience of working with customers around the globe allow us to provide a flexible e-commerce software solution for not only creating successful online auctions, but also for creating large electronic trading portals like eBay.
Online Marketplaces
Online marketplace comprises an unlimited number of buyers and sellers. If you want to become the owner of an online marketplace, you can apply our ready-to-go solution to launch your business in a short time. In addition to direct sales, users have the opportunity to use other popular types of bidding, such as auction,
tender, reduction and even custom-elaborated bidding mechanism.
Among the key features of Merkeleon product are secure transactions, the ability to pay in cryptocurrencies, a user-friendly custom brandbook interface, internal marketing module for business promotion and sales, ability to create your own-label online shop.