Add auction functionality to your Woocommerce product.

       Please review the below video for creating the auction product using the theme. It includes how to set the title, description, opening price, reserve price, buy now price, auction type, bid increment, start date,     end date, etc.. of the auction product.

        Add new product and select 'Auction product' from the Product data drop-down box, after select, you will see auction-related fields appear.

        You can follow bellow image with detailed fields information :

            Subtitle

                Set Subtitle for the product.

            Event Auction

                you can check this box if need to add this product in event.

                if and event contains this product then it will show event id with 'Lot number' option for set lot number of this product/event

            Selling Type

                This field is used to set product as 'Auction' and 'By it now'.

                Auction

                    Auction type

                        you can select auction type 'Normal'.

                    Enable proxy bidding

                        If you need proxy bidding product then check this box

                    Enable Silent-Bid

                        If you need silent bidding product then check this box

                    Opening Price

                        Set auction opening price

                    Lowest Price to Accept

                        Set auction lowest or reserve price to accept for winner bid

                    Number of next bid

                        Set number of next bids to show in bid drop-down

                    Set Estimate from

                        If you want to set estimate price then enter starting estimate price in this field

                    Estimate to

                        If you want to set estimate price then enter starting estimate price in this field

                    Bid Increment ($)

                        Set an amount from which next bid should start.

                    Variable Bid Increment ($)

                        If you want to variable bid increments then check this box

                        Yes

                            Start price

                                Set variable price to start

                            End price

                                Set variable price to start

                            Increment price

                                Set Increment price for variable bid increment

                            Add new

                                If you want to add new one variable bid increment block then click on this button

                                You can remove block by click on '-' button on particular block

                        No

                By it now

                    Buy now price ($)

            Product Condition

                you can set product is New/Used

            Start Date

                Set auction start date

            Ending Date

                Set auction end date

            Enable Buyer's Premium

                The Buyer's premium refers to a percentage or flat rate additional charge on winning bid at auction. The buyer's premium must be paid by the winning bidder. The winning bidder is required to pay both the total bid amount and percentage or a flat rate of that price called buyer's premium. It is charged by the auctioneer to cover administrative expenses. In offline Dealing, the buyer and seller exchange the contact details of each other to settle the auction offline. When the winner wins the auction product then he receives seller details on his email and on the Auction detail page. if both the addon enable then the details of the seller will be displayed on the auction detail page and at the time of order. then the winner will contact the seller and pay the premium amount to the seller

                Yes

                    Flat

                        Mention the Charge

                            Set Based on your selection above this field is Amount for Flat Rate

                    Percentage

                        Mention the Charge

                            Set Based on your selection above this field is Amount for Percentage Rate

                        Minimum Premium Charge

                            This amount is minimum buyer's premium amount in unit of currency that will be applicable. If the amount calculated in percentage is below this minimum amount then this amount will be charged

                        Maximum Premium Charge

                            This amount is maximum buyer's premium amount in unit of currency that will be applicable. If the amount calculated in percentage is above this maximum amount then this amount will be charged.

                No

            Set Credit Cart Option On a product level

            Do you want to hold the bidding amount and then automatically debit the winning amount on the user's credit card

                Yes

                No

                    Do you want to only automatically debit the winning amount on the user's credit card

                        Full Amount

                            If you choose this option full amount of the auction product will charge

                        Partial Amount

                            If you choose this option partial amount of auction product will be charged you can set different options for this

                            Partial Amount Type

                                Flate Rate

                                Percentage

                            Enter Partially Amount or Percentage

                                Set Amount to be changed based on above option selected flate/percentage rate

                        No Auto Debit. Collect Payment on the checkout page.

                            If you choose this option amount of auction product will charge while checkout

            Set Terms & conditions for this auction product