Buy It Now Only Items
Any Paper Bidding Type, Live Bidding Type, or Online Bidding Type 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 available or blank (the same as
0) for unlimited.
Bid Sheet
If you use the Paper Bidding type 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.
Online Bidding
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.
WARNING
The Buy-It-Now price acts as a maximum bid for items online. If a bid is placed that is higher than the Buy-It-Now price the system will cap the bid at the Buy-It-Now price of the item.
IMPORTANT
Buy It Now buttons only appear for logged-in bidders registered for the event and after Online Bidding has started.
Item Closing
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.
Example: Premiere Movie Night
As an example, your Premiere Movie Night item allows 6 winners at a fixed price of $15. Using the following will accomplish this:
- Starting Bid = $15
- Buy It Now Price = $15
- Quantity = 6
- Allow multiple winners = Yes (enabled)
INFORMATION
The Buy It Now Price is the maximum bid value accepted for an item, if a bidder enters a higher value the bid will be reduced to the Buy It Now Price and the bidder will be acknowledged as having the winning bid.
Last reviewed: June 2023