Reverse auction2020-01-24T17:12:43+00:00

(Dutch) Reverse Auction Script

Downward price auction type, where the time is very limited and the seller gradually reduces the price, thereby seeking to receive the deal.

Using Merkeleon reverse auction software, you can run any type of reverse auction: an auction for both buying and selling; auction for the best price and the best offer; a normal dutch auction or launch a site with several types of reverse bidding.

START REVERSE AUCTION IN 2 WEEKS
Dutch and reverse auction software

35

Auctions launched worldwide

7

Bidding types available

10

Years of expertise

online auction software

All-in-1 Solution

Intuitive interface of the auction platform provides flexible and convenient
system administration which allows the platform operator and their users to hold
auctions and close deals.

Different models of reverse 
auctions available

Setting a reserve
price

Data import and 
export

Confidentiality of
participants

Advanced marketing
tools

Different types
of payment

Reverse auction
presentation & Demo

Find out how turnkey software could help you to launch
efficient reverse auction quickly and save your budget

Get info & DEMO
Software for crypto payments
auction platform

General Features

Unlimited number of
users and products

Analytics system
integration

Hidden or transparent
participants list

Different reverse
types available

Login via
social networks

Flexible commission
settings

Multilingual
interface

Mobile
friendly

Auction blog
feature

Fiat and crypto
currency support

Integration with
payment systems

Data export and
import 

Emails and SMS
alerts

Finance
management

Integrated CRM and
reporting system

Types of reverse auction available

Depending on procedure

  1. Auction to buy product/service
    Buyers get price offers from the suppliers according to the product/service requirements.
    The winner is chosen manually by the buyer.
  2. Auction to sell product/service
    Sellers get different price offers from the buyers. Usually the winner is the one who offers the highest price for the product.

Depending on winner evaluation criteria

  1. Best price auction
    The most preferable price is considered as the winning bid.
  2. Best value auction
    The winning bid is the one providing the most favourable conditions for the buyer.

Depending on supplier visibility

  1. Visible price auction
    Bid prices are known by all the participants but the identity of the other bidders is unknown.
  2. Invisible price auction
    Bids are hidden for all participants except the buyer; the winner is chosen manually by the buyer at the end of the auction. Suppliers are only aware of where they are in relation to the “winner”.

Depending on suppliers permissions

  1. Free access
    Any supplier can register at an auction and take part in the bidding process.
  2. Moderation or limited access
    1. Suppliers are pre-screened and approved before the auction.
    2.Only invited suppliers can take part in the auction.

Why are reverse auctions so popular?

Quick audience growth
Internet communication growth will pursue reverse auction script development attracting more and more participants. This is an opportunity to have a great number of both buyers and suppliers at once.

Supply chain creation
Reverse auction is the evolution of the supply chain. It provides the most rapid way to get a profitable offer from the best suppliers
So why not create your own?

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Reverse (Dutch)
Auction Software

Downward price auction type, where the time
is very limited and the seller gradually reduces the
price, thereby seeking to receive the deal.

Using Merkeleon platform, you can run any type of
reverse auction:
an auction for both buying and selling;
auction for the best price
and the best offer; or launch
a site with several types of reverse bidding.

START REVERSE AUCTION IN 2 WEEKS

Get Reverse Auction
presentation & Demo

Ecommerce solution
Get info & DEMO

All in 1 Solution

Intuitive interface of the auction platform
provides flexible and convenient system
administration which allows platform Operator
and his users hold auctions and close deals.

Different reverse bidding 
types available

Setting a reserve
price

Data import and
export

Confidentiality of
participants

Advanced marketing
tools

Different types
of payment

General Features

Different models of reverse
auctions available

Analytics systems
integration

Unlimited number of
products

Login via social
networks

Data export and
import

Multifunctional CMS
module

Multilingual
interface

Internal auction 
blog

SMS / e-mail
newsletter

Attachments to
offers and auctions

Possibility of ERP
system integration

Fiat and crypto
currency support

Why Merkeleon?

Exchange software

Registered partner of
one of cybersecurity leaders

Customer care

Software, hosting, project 
management included

Quick launch

Rapid launch within
2 weeks

Technical support

Guaranteed response time
for technical support

Merkeleon software

Austrian IT-company with
10 years FinTech expertise

Crypto & Blockchain

First auction software
with crypto payments

Why Merkeleon?

Exchange software

Registered partner of
one of cybersecurity leaders

Technical support

Guaranteed response time
for technical support

Quick launch

Rapid launch within
2 weeks

Customer care

Software, hosting, project
management included

Merkeleon software

Austrian IT-company with
10 years FinTech expertise

Crypto & Blockchain

First auction software
with crypto payments

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