Breakdown of Creating an Auction Draft
Logged in as your affiliate ID, you will see on the top grey toolbar three options:
- NEW AUCTION - creates draft auctions
- SELLER OVERVIEW - create and track sellers' profits
- AFFILIATE KNOWLEDGE BASE - Important Key Information
CREATING A NEW AUCTION DRAFT
TITLE: You will want a title that triggers this response.
WHAT IS THAT? I MUST LOOK
Examples for Includes:
-City Auction Resides
- 4/5 different Eye Candy Items
- Brands includes in Auction (Gucci or Snap On)
Ultimately you decide what you want to market on your auction, feel free to preview other auction companies to get a sense of what works and what does not.
AUCTION TYPE: Standard Auction (always)
CATEGORIES: Category of your auction - always select ALL Auctions as well as any that best describe items listed within your
Example: if you’re listing a restaurant, you would select All Auctions and Restaurant Equipment, and possibly Commercial and Industrial to make sure your auction reaches the correct demographic of bidders.
PASS PHRASE: NEVER TOUCH OR ALTER PASS PHRASE - it is part of our coding and does not need to be adjusted or tampered with.
IMAGE BASE URL: NEVER TOUCH OR ALTER IMAGE BASE URL- it is part of our coding and does not need to be adjusted or tampered with.
If you alter either of these settings, you WILL HAVE PROBLEMS with your auction.
DESCRIPETION: This would include a short message describing your auction services and what this specific auction entails.
Example:
- Loadout Instructions
- Location of Auction
- 3-4 Eye Candy Items Descriptions
- Story about your company
SETTING UP REMOVAL TIMES FOR LOADOUT AND INSPECTION
Step 1:
You will have to first save the draft one time after clicking “By Appointment Only” before the mange inspection and manage removal schedules will pop up for you to assign dates and times to the scheduler.
Step 2: Click Manage Removal Schedule
You will then select a date and time range within that date that bidders will be able to agree to and pick out time slots within given time.
Slot Interval in min
VS
Concurrent Bidders Per Slot -
Currently displayed indicates that 2 bidders are able to schedule every 5 min within the time 8:00 am - 3:00 pm
- 60 minutes divided by 5 = 12 bidders X2 = 24 bidders per hour.
Once the slot interval is set it CAN NOT BE CHANGED without issue.
LOCATION AND CONTACT INFO:
Location: Address displayed at the top of the auction as well as the address bidders are agreeing to pick up from during the scheduled loadout time slot provided.
If you have concern for safety, you can put the general location until the date before the auction closes.
Phone Number: Main Contact Number - where bidders can call for questions or concerns.
INVOICE & TAX INFO:
For Taxes : Include all state, city, and county tax in the top rectangle labeled “ State Tax”. You do not need to fill out individually.
Refer to your personal sales tax assigned from the department of revenue for your business. The % rate listed is just listed as an example, USE YOUR OWN INFORMATION.
In this section you input your terms and details.
TERMS : Appear to bidder before they bid, typically includes important details like 18% BP and policy per company. Be clear and consistent. If saved it will carry on to all auctions moving forward until changed.
DETAILS : Clear directions or procedure for this specific auction needs or for your company as whole. For Example : We run cards immediately following auction closing, cards over 2,000 must be paid via CASH or CASHIERS CHECK only.
SAVE DRAFT and it will be assigned an AUCTION ID to begin your build.