Buy It Now Only Items
A silent, live, or online item can be set up as a "fixed" price item by making it a Buy It Now Only item.
Buy It Now Only items are most commonly used for items you want to sell multiple of, for example, a dinner party. They are configured as follows:
- Buy-It-Now Price and Starting Bid are set to the same value;
- Allow multiple winners set to yes; and,
- Quantity set to the number required, or blank (or 0) for unlimited.
For a silent auction item, the bid sheet will be generated as a 'sign up' sheet showing the number of rows to match the quantity available and each having the fixed price printed on each row.
On the website, or mobile app, bidders will have a "buy-it-now" button rather than a "bid" button and can choose to purchase multiples in a single transaction.
A single winner item is closed as soon as someone clicks on the "buy-it-now" button. With a buy-it-now item that supports multiple winners, the item will not be closed until the end of the auction or the last one is sold. However, buy-it-now bids will still appear as final bids in the bidder's account immediately even though the item is still open.
For example, your Premiere Movie Night item allows 6 winners at a fixed price of $15.
- Starting bid = $15
- Buy it now = $15
- Quantity = 6
- Allow multiple winners = yes