Multiple Winners With Multiple Quantities
There may be cases where you will have an item or items where you have a quantity of that item, and you want to allow multiple winners for the item. Your bidders will be able to win one, two, or maybe even all of the item(s) in question.
Example: Table For Eight Diners
You might be selling a Table For 8, which is excellent. However, in this example, you offer a single seat at a "table for eight" to each of the individual highest bids.
Now, if you have The Chef's Table item and if bidders choose to start bidding by only placing $75 bids (the Starting Bid value), then at bid# 9, the requirement would be $100 (lowest bid/starting bid plus one Bid Increment value). If your bidders choose to bid higher than the initial starting bid, they would remain a winning bidder longer.
For example, historical bids:
| Bid Number | Amount | Bidder |
|---|---|---|
| #1 | $75 | Bidder# 1 |
| #2 | $75 | Bidder# 2 |
| #3 | $80 | Bidder# 3 |
| #4 | $75 | Bidder# 4 |
| #5 | $75 | Bidder# 5 |
| #6 | $75 | Bidder# 5 |
| #7 | $75 | Bidder# 6 |
| #8 | $85 | Bidder# 7 |
These historical bids would be ranked as: #8, #3, #1, #2, #4, #5, #6, #7
Based on historical bids and their respective amounts, winning bidders in order:
| Bid Number | Amount | Bidder | Seat * |
|---|---|---|---|
| #8 | $85 | Bidder# 7 | 1 |
| #3 | $80 | Bidder# 3 | 2 |
| #1 | $75 | Bidder# 1 | 3 |
| #2 | $75 | Bidder# 2 | 4 |
| #4 | $75 | Bidder# 4 | 5 |
| #5 | $75 | Bidder# 5 | 6 |
| #6 | $75 | Bidder# 5 | 7 |
| #7 | $75 | Bidder# 6 | 8 |
At this point, bid# 9 would be required to be at least $100 (starting bid + one bid increment); it would replace bid# 7 in the ranking as higher bids than existing bids supersede those existing bids based on a LIFO approach (last-in, first-out). From this point, bids need to be at least $100, although bids placed at higher amounts would re-arrange the rankings based on both the bid amount and LIFO. For example, bid# 9 was $15, and bid# 10 was $120.
| Bid Number | Amount | Bidder |
|---|---|---|
| #1 | $75 | Bidder# 1 |
| #2 | $75 | Bidder# 2 |
| #3 | $80 | Bidder# 3 |
| #4 | $75 | Bidder# 4 |
| #5 | $75 | Bidder# 5 |
| #6 | $75 | Bidder# 5 |
| #7 | $75 | Bidder# 6 |
| #8 | $85 | Bidder# 7 |
| #9 | $100 | Bidder# 8 |
| #10 | $120 | Bidder# 9 |
The new ranking of bids would be: #10, #9, #8, #3, #1, #2, #4, #5
| Bid Number | Amount | Bidder | Seat* |
|---|---|---|---|
| #10 | $120 | Bidder# 9 | 1 |
| #9 | $100 | Bidder# 8 | 2 |
| #8 | $85 | Bidder# 7 | 3 |
| #3 | $80 | Bidder# 3 | 4 |
| #1 | $75 | Bidder# 1 | 5 |
| #2 | $75 | Bidder# 2 | 6 |
| #4 | $75 | Bidder# 4 | 7 |
| #5 | $75 | Bidder# 5 | 8 |
IMPORTANT
Bidder# 5 is no longer winning the two seats they initially bid on. They will receive an Out Bid Notification for the item as their bid was superseded by another guest's bid.
This would carry on until bidding ends... and remind your guests to bid early... and bid often! This will help ensure they win at the best possible value.
Example Bid Ranking Tables - Seat Column
The Seat column only represents the winning seats available at the table, it is not dictating a seating arrangement. This would be handled outside of Auctria.
Bidding For Multiple Items
We do recognize, as with the example above and "Bidder# 5", that there may be times when a bidder wants to win more than one of an item, for example, seats for a couple or family. The guest must place multiple bids for the item to register their intent.
The bidder will need to place a bid for each single seat they want to win.
The general idea is to help ensure bids are fairly applied. There would be no means to know the intent of the bidding guest if they could place a single bid for multiple quantities of an item.
Suppose the current bid (based on a per each value) exceeds another guest's bid. Does the new bid apply to all bids lower or just an equivalent quantity matching the new bid?
As the example "table" fills, the idea is to keep it full. As such, the approach used by Auctria is to only have new winning bids apply against the same quantity of bids of lower value. Although this might "split" a guest's intent to win multiple seats at the table overall, it will help to ensure the most winning bids are kept at the highest values for the seats available.
INFORMATION
We recommend letting your Bidders know, in advance, what to expect with these Multiple Winners With Multiple Quantities items and how this will work to help minimize any confusion with bidding on these items.
It is also important to note if a Max per bidder amount has been set for the item.
Bid Amount Rules
Auctria will calculate the required bid amounts based, in order, on the rules below.
- If there are less winning bids than the quantity available, an amount equal to (or greater than) the Starting Bid will be a valid bid amount.
- If the number of current winning bids is equal to the quantity available, the next bid will need to be greater than the current lowest winning bid.
- If Require Bids To Be A Multiple Of The Bid Increments is enabled under Bidding Behavior, bid amounts will need to be the lowest current winning bid plus at least one multiple of the Bid Increment amount calculated from the Starting Bid amount.
Last reviewed: June 2023