New Auction Buy-it-now/bidding logic
Status: In Production
Expected Release: June 30th
In this release, we are improving our Auction bidding logic. This new logic will help solve a recurring issue where some supporter users need clarification about the buy-it-now process for Auction items. Essentially, some supporters have placed a bid equal to the buy-it-now price, and they were extremely confused why they were not automatically a winner of the item. In short, they believed that entering a bid equal to the buy-it-now price is how they purchased the item immediately.
Additionally, some users accidentally place a bid higher than the buy-it-now price of the Auction item, which causes issues for organizers when these types of bidders want a full refund for their accidentally large bid after the Auction is over. Most Auction users do not encounter the abovementioned issues, but the logic implemented in this release will help bridge the gap for those who do.
When a supporter tries to place a bid that is greater than the price of buy-it-now, the application will automatically ask the user to lower their bid so that it’s equal to or below the buy-it-now price, or if they’d rather buy-it-now, they can use the new button directly below the bid input field (see image above).
When a supporter inputs a bid amount equal to the buy-it-now price, the application asks the user if they’d buy it now instead of waiting to secure the item when the Auction ends (see screenshot). In this case, it does not stop them from placing the bid but helps ensure the supporter knows the buy-it-now option is available for the amount they bid.
When the Auction item’s current bid equals the buy-it-now price, we disable the “Place bid” button so the user can use the buy-it-now option instead (see image below). When the Auction item has more than one available, multiple supporters can bid at the buy-it-now price up to the quantity available before the “Place bid” button is disabled to ensure the organization maximizes the amount raised.