Items in the auction
Information on simple items:
- Item name: the name of the auctioned item.
- Fix item: an item that is included in the evaluation, but cannot be bid on during the auction (pre-evaluated item with unchanged characteristics, such as quality); this item is displayed in the bidding interface because it may be included in the overall ranking depending on the setting, but the bidding field is not available because the fixed price is already set.
- Item reference: a reference number provided by the organizer. It is optional, but should be used when there are several items to be auctioned and the additional information for each item is contained in a separate document (e.g. an auction call).
- Bidding direction: The item-level bidding direction (decreasing or increasing) may be different from the auction's default bidding direction (e.g. in a buying auction, the item prices should be decreasing, while the warranty period should be increasing). The item-level bidding direction set by the organizer is displayed on the bidding screen during the practice and live bidding, in the first column of the table on the icon indicating the bidding direction (only for traditional auctions). These special items are not summed up in a simple auction, but may be included in the total result if scoring is applied.
- Default: the option will not appear in the item details; in this case, the bidding direction will correspond to the Default bidding direction: buying (decreasing) / selling (increasing).
- Increasing (excluded from sum): the item-level bidding direction is different from the default bidding direction; the bidding direction for the given item is increasing.
- Decreasing (excluded from sum): the item-level bidding direction is different from the default bidding direction; the bidding direction for the given item is decreasing.
- Quantity: Quantity of the item being auctioned off. The bid (unit price) submitted for the lot is multiplied by the quantity entered.
- Unit of measurement: The unit in which the quantity is expressed.
- Start price (optional): The value from which the bidding starts. It is up to the organizer to decide whether to ask for a starting price from all participants in advance or to start the auction from a common starting price. Bids submitted during the auction may only be lower (or equal) in the case of a buying auction or higher (or equal) in the case of a selling auction. If the organizer does not set a starting price at all, each participant may submit their starting bid individually.
- Target price (optional): The target value set up by the organizer. During the auction, participants can see whether or not they have reached the preferred price with their own bid.
- Bid difference: If the participant does not enter a price that complies with the bid difference rule, the system will not accept it and will display an error message next to the bid field.
- Bid step (optional): The difference between each bid must be equal to or or a multiple of the value specified here.
- Min. difference (optional): The difference between each bid must be equal to or greater than the value specified here.
If no bid difference has been set up (bid step or min. difference), i.e. the organizer has not set up a mandatory difference between the two bid values, participants are allowed to bid freely.
- Additional information (optional): Specific information recorded for each item.