Auction Joining Fee

We have introduced a major feature called joining fee. Where the admin can charge a joining fee from the prospective bidders who want to join any particular auction along with various other features.

Visiting the auction configuration in the configuration section of the app. Here you can configure the settings for this joining fee feature.

Before proceeding towards creating an auction, let's look into this :

**Auction Joining Fee
**The customer will be able to enter or join the Auction only if he pays the Joining amount.

Now Admin can set this amount from the Auction Configuration section and then click on save.

You can set a single joining fee for all the auctions or you can also set joining fee auction wise. In case of auction wise, you will get an option to add the fee on the add auction detail form:

If you enable it, we will send a coupon to customers who have joined the auction with a discount equal to the joining fee.

Options available after enabling the joining fee
Enabling this option allows bidders on auctions with joining fees to directly purchase the item by clicking "BUY NOW" and immediately win the auction.

Once you enable this from the Auction configuration, it will be set.We will have a set of new options to enter while adding an auction on any product. Let's try it out:

Go to a product and add an auction. Now you will view a new option on the auction creation page called enable joining fee. Enable that feature and select the rest of the details accordingly.

Enabled Joining Fee

Enter the booking amount: Enter booking amount payable by the winner after winning the auction to book that product.

Enter Buy Now Price: Enter Buy Now price on which the bidder or auction joiner can immediately agree to pay this much and auction comes to an end.

The number of days prior to which customer can join the auction for this product: Admin can set the number of days prior to which the customer can pay the joining fee and join the auction.

Rest everything in the add auction page will be the same as earlier.

Hence please note if you are planning for setting up an auction on an upcoming date always click on SAVE if you will click o SAVE & START: the auction will start immediately.

Joining fee for Every Auction Tag

Now you can enable joining fees on the basis of product tag.

Admin can add the joining fee rule on the basis of product tags from Configuration >> Auction Confiq >> Joining fee for Every auction Tag

Note: Products must have the tag in order to use this feature.

Additionally, if a bidder has already paid the joining fee for a specific product tag (e.g., AUC001), they will not be charged the joining fee again for the same tag.

Options available after ENABLING "joining fee"

Enabling this option, all of those auctions on which joining fee feature is enabled- bidder can directly buy auctioned product by clicking on BUY NOW button &

hence will be the winner for the selected auction.

Admin can configure & choose the payment option for auction winner out of the two methods given.
Either: Booking Amount

Or
Bidding Amount

Now when the booking amount is chosen, the admin will enter the amount which he wants the winner of the auction to Pay, this amount may or may not be the price of the product.

This amount is paid by the winner to book the product which he has just won in the auction.

In case of Bidding amount: the winner will have to pay the highest Bid on which he has won the auction.

*** There will be a time frame or window given to the winner to pay this amount and if winner failed to pay this amount in the set time frame,

the second higher bidder will become the winner and so on & this loop will continue till the auction reaches the reserve price.

Admin can set or change the time duration to pay the booking/bidding amount from the auction configuration section.

The message will be sent to the second and third position holder after declaring the winner, to hold on in case the current winner fails to pay the amount, the next highest amount bidder will win.

Charge Taxes on Joining Fee

You can now charge taxes on the joining fees. In the app, you need to visit the Auction Configuration and configure the below two options as per your requirement:

1. Charge Taxes on Each Joining Fee: You need to select this option if you want to charge taxes with joining fee on each product once the customer joins the auction.
2. Charge Taxes with Joining Fee only with Taxable Products: You need to select this option if you want to charge taxes with joining fee only on those products to which tax is applied on Shopify.