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Reverse Auction Marketplace Add-on

This is an Integration with a Third Party Service. Other charges and fees may be required to use this extension on your Store
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Overview

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To use this module, you must have installed the marketplace module.Reverse auction marketplace add-on helps the admin allow customers to place product requests. This is the platform for the customers where they can negotiate with the sellers of the marketplace for the feasible pricing of a product. Geolocation and Google Maps services are used in Magento 2 Marketplace Reverse Auction. The Google Places API is a service that accepts HTTP requests for location data through a variety of methods.The Google API key eases the location search process for the customers. As the customer enters the location, it displays the search suggestions before the customer by creating their directories for the location purpose.Admins can allow auto-approval or even approve product requests manually. As the customer finds the seller’s bid price satisfactory, it can be approved by the customer. 

Business Value

Customers are always attracted to discounted prices and tend to purchase products bearing low prices. When talking of Reverse Auctions, we cannot call them discount offering tools but they provide the leverage to the customers to request a feasible and low price for a product.Likewise, this extension adds to the integration of the reverse auction tool within your marketplaces so as to provide a strategic and favorable pricing scenario through the reverse auctions. Where on the one hand, customers get to request the lowest price for a product, and the admin and the sellers can generate some real sales and revenue for their stores. 

Account & Pricing

  • You must have a Google account to create the API keys.
  • If you already have the Google Account, create the API Keys by navigating here.
  • To check the full pricing detailed structure for the Google Places API, you can navigate here.

Feature List

  • The customers can place a product request for a product(s). 
  • Images of the product while creating a request can be added by the customers. 
  • Requested products can be either approved or disapproved by the admin. 
  • The admin can allow auto-approval for products and even approve them manually.
  • The sellers of the marketplace can propose a bid price for the customer’s product request. 
  • If need be, the customers can even cancel the product request. 
  • The customer can change the status of the sellers’ bid response to Approved. 
  • Other statuses include pending, lost, ordered, canceled, and sold. 
  • Along with placing the bid requests and responses, the seller and the customer can exchange messages as well. 
  • The admin can view all the bids that sellers place and conversations over each bid.
  • Mails notifications as per the status of the product requests are sent to the sellers and customers.

How does the Extension Work?

Configuration Reverse Auction with Magento 2

After the successful installation of the extension, the admin will enable the reverse auction module to yes or no. Set the customer request auto approval or manually, then the admin need to enter the Google Map API key.

Seller Response to Customer Product Requests

The sellers receive the customer product requests in their respective panels and as per their requirement respond to the same. On clicking the place bid button for a particular request, the seller can place a bid response.The seller needs to fill in the details such as Bid Price and add messages if need be.

Generating Product Requests

The customers can view requests, view bids, and even cancel product requests if required. The customers can change the status to pending, approved, lost, ordered, canceled, and sold.If the customers set the status as lost, ordered, canceled, or sold, the conversation between the seller and customer shall terminate.On approving a bid, the customer will find the add to cart button and can proceed to make a purchase.

Benefits

For Store Owner

  • The store owners can enable or disable the configuration of the module at any time.
  • Admin allows the request will be auto-approved or manually approved.
  • Admin can set the transaction emails for admin, seller, and customers.

For Seller

  • The seller can approve or disapprove the request.
  • The seller can also fill in the details of the Bid Price and add messages if needed.

For Customers

  • Customers can request to negotiate any product price.
  • The customers can change the status to pending, approved, lost, ordered, canceled, and sold.
  • The customers can cancel product requests if required.

Live Demo

You can check the live demo from here

Support Policy

  • You get free 3 months of technical support included.
  • You can buy a 6 or 12-month extended support agreement.
  • For issues, please create a ticket or send an email to support@webkul.com
  • The customers can view requests, view bids, and even cancel product requests if required. The customers can change the status to pending, approved, lost, ordered, canceled, and sold. If the customers set the status as lost, ordered, canceled, or sold, the conversation between the seller and customer shall terminate. On approving a bid, the customer will find the add to cart button and can proceed to make a purchase..is a service that accepts HTTP requests for location data through a variety of methods. The Google API key eases the location search process for the customers. As the customer enters the location, it displays the search suggestions before the customer by creating their directories for the location purpose. Admins can allow auto-approval or even approve product requests manually. As the customer finds the seller’s bid price satisfactory, it can be approved by the customer. 

Technical Specifications

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Seller profile

Webkul Software Private Limited

Seller contact

E-mail

Integrator

Google Maps

Current Version

4.0.4

Adobe Commerce platform compatibility

Adobe Commerce (cloud): 2.4 (current)

Adobe Commerce (on-prem): 2.4 (current)

Magento Open Source: 2.4 (current)

Type

Stable Build

Updated

22 March, 2024

Categories

Extensions, Sales

Supported Browsers

Chrome, Firefox, Opera, Safari, Edge

Quality Report

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Installation & Varnish Tests

Passed

Coding Standard

Passed

Plagiarism Check

Passed

Malware Check

Passed

Marketing Review

Passed

Manual Testing

Passed

All tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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5.0.4:

  • Compatible with Magento Open Source : 2.4
  • Stability: Stable Build
  • Description:

    - Fixed Minor Bugs.

5.0.3:

  • Compatible with Magento Open Source : 2.4
  • Stability: Stable Build
  • Description:

    + Compatible with Magento 2.4.*
    - Fixed Minor Bugs.

5.0.2:

  • Compatible with Magento Open Source : 2.4
  • Stability: Stable Build
  • Description:

    - Fixed Minor Bugs.

5.0.1:

  • Compatible with Magento Open Source : 2.4
  • Stability: Stable Build
  • Description:

    + Added GRAPHQL API.
    + Compatible With Magento 2.4.6 and above

4.0.4:

  • Compatible with Adobe Commerce (cloud) : 2.4
  • Compatible with Adobe Commerce (on-prem) : 2.4
  • Stability: Stable Build
  • Description:

    - Fixed Minor Bugs.

4.0.3:

  • Compatible with Adobe Commerce (cloud) : 2.4
  • Compatible with Adobe Commerce (on-prem) : 2.4
  • Stability: Stable Build
  • Description:

    + Compatible with Magento 2.4.*
    - Fixed Minor Bugs.

4.0.2:

  • Compatible with Adobe Commerce (cloud) : 2.4
  • Compatible with Adobe Commerce (on-prem) : 2.4
  • Stability: Stable Build
  • Description:

    - Fixed Minor Bugs.

4.0.1:

  • Compatible with Adobe Commerce (cloud) : 2.4
  • Compatible with Adobe Commerce (on-prem) : 2.4
  • Stability: Stable Build
  • Description:

    + Added GRAPHQL API.
    + Compatible With Magento 2.4.6 and above
    - Fixed Minor Bugs.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.

Contact Vendor

Q & A

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Reviews

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