Penny Auction Software Features

Penny Auction Software developed by Microbid Software includes more than 100 features in Standard version and even more in Enterprise Version. Our solution comes with a full Content Management System which means that all variables in charge of bidding are controlled by the website owner.

• When user bids on an item, price is raised by $0.01 (configurable) and auction time is extended to 15 seconds ( time is also configurable)
• If no other bid is placed and auction time ends up, then the user placed last bid wins the auction at the bidding price
• We may offer our Standard design (send us a request), or if you have your own unique concept we may integrate yours.

Our software solution is completely language independent. For the time being we have created websites in English, Greek, Portuguese, Turkish, Russian and Chinese.

Please note, that almost all the features can be seen in our demo. If you’ve not seen the demo yet, fill in the form on the right side of this page and links will be sent to you automatically.

General Facts About Software

1. Marketing And Promotion

		Standard	Enterprise	Price*
1.1	Fully SEO-Friendly Website, With Pages & Auctions built using H1-H3 Tags
1.2	META-Keywords, Title Tag And Meta-Description for Individual Auctions
1.2.1	META-Keywords, Title Tag And Meta-Description for whole website and general pages
1.3	SEO Friendly URLs
1.4	Auto-Generation of URLs for Auto-Created Auctions
1.5	XML Site Map for Google Crawling
1.6	Image Alt Fields Automatically Filled
1.7	Special Text Fields For Google Page
1.8	Refer-A-Friend Utility
1.8.1	Refer-A-Friend GMail, Yahoo Mail, AOL integration
1.9	Social Tools Links (Facebook Like, Google+, Share on Twitter)
1.10	CMS for creating content pages
1.11	No-Follow For Non-content pages
1.12	Marketing Consultation
1.13	Facebook Connect (login with Facebook data)			$450
1.14	Winnings Published on Facebook accounts			$200

2. Design & HTML

		Standard	Enterprise
2.1	Cutting Edge Custom Design of 5 pages
2.2	Fully SEO-Friendly Website, With Pages & Auctions built using H1-H3 Tags
2.3	Clean HTML, cross-browser compatibility with vast majority of web browsers, including most of browsers for mobile phones
2.4	Full Compatibility with Firefox 3.0+, IE7.0-9.0, Opera, Safari, Chrome
2.5	Simple structure of HTML nested templates to allow independent modification
2.5	Text-Free HTML: Configuration Files for All Texts, Messages, Captions
2.5.1	Online Utility for text changes
2.6	Unified Forms and Grid View
2.7	Ajax-Based Form validation tests
2.8	DIV-based page structure
2.9	Movable DIV blocks on the homepage structure 1)

3. Scalability, Speed & Performance

		Standard	Enterprise
3.1	Unlimited Number of Auctions
3.2	Pure, no-framework based DB engine for fast DB-access
3.3	Optimized SQL Queries
3.4	Gzip on-fly Page Compression for fast page loading
3.5	Optimized JavaScript (YSlow and Mini) for fast page loading
3.6	Fully profiled execution
3.7	Memory and Speed data for every page
3.8	Accelerated PHP
3.9	Apache Memory-cached Data
3.10	Triple Performance Database Layer
3.11	Stored Procedures for Critical Operations
3.12	Load Test To Determine Server Maximal Performance Parameters
3.13	Database Test with 1 million records
3.14	MySQL Server Performance Analysis
3.15	MySQL Slow Queries Log And Permanent Analysis

4. Support & Anti-Hacker Defense, Anti-Fraud Tools

		Standard	Enterprise
4.1	Bug-Free Reliable Website
4.2	Critical Bugs 24h Guaranteed Resolution
4.3	MySQL Injections and XSS Protection
4.4	Skype, Email, Chat Support
4.5	Ability to block user immediately
4.6	Captcha-protected Registration Page		**
4.7	Anti-Bot Protection			$300
4.8	Time Tracking for bids conflict resolution
4.9	IP Full Tracking for Auctions and Bids
4.10	IP Detection for Possible Credit Card fraud detection
4.11	Credit Card Spending Limit per User			$150
4.12	Credit Cards Limit per User			$150
4.13	12/6 Phone Support
4.14	24/7 Emergency Phone Support

5. Retention And Conversion Increase

		Standard	Enterprise	Price
5.1	Google Analytics Full Integration
5.2	3rd Party Affiliate Software Integration			$150
5.3	Newsletter
5.3.1	External SMTP Support
5.3.2	Templates for a Newsletter
5.4	Retention Newsletter + Ability To Send Based On Parameters +Ability Assign Credits Based On Multiple Parameters
5.5	Coupons for Deposits
5.6	Expiring Credits on Registration
5.7	Expiring Credits Reminders
5.7.1	Special Letter on Expiring Credits
5.8	Configurable Free Bids On Registration

6. Site Structure & General Features

		Standard	Enterprise	Price
6.1	Homepage Scroller with Banners, Closed, Open auctions, ability to bid on featured auction
6.2	Auctions Automatically Arranged on Homepage
6.2.1	Automatic Extension of Auctions Below Reserve Amount
6.2.2	Automatic Special Visual Promotion of Auctions Above Reserve Amount
6.3	Search
6.4	Featured Auctions Display
6.5	Closed Auctions Display on homepage
6.6	Closed Auction Page
6.7	Ability To Select Which Auction to Show on Closed Auction Page
6.8	Easy View Page
6.9	Categories & Subcategories of Auctions
6.10	My Account Area
6.11	Forget Password Reminder
6.12	Fully Customizable Letters
6.13	On-page Ajax-Based Login
6.14	Ajax-Based Bid Counter
6.15	Bidding from Homepage
6.16	Watch List			$200
6.17	Upcoming Auction on Homepage
6.18	Upcoming Auctions Page
6.19	Reminders on Upcoming Auctions Page		**
6.20	Live Chat Support Integration **
6.21	Profitability Report
6.22	Variable Price Increments
6.23	Icons for different prices
6.24	Variable cost of auctions
6.26	Variable Timer Shift
6.25	Avatars – not including self-upload			$250
6.26	Avatars – including self-upload			$400
6.28	Inactivity Screen after 5 minutes if user doesn’t make any move

7. Bid Butlers (Auto Bidders)

		Standard	Enterprise	Price
7.1	BidButler Bidding
7.2	Temporarily Pause a Bid Butler
7.3	Random or last 10 seconds bidding
7.5	1 Bid Butler Per Auction
7.5	Auto-cancelling when running out of bids
7.6	Letter on auto-cancelled bidbutlers
7.7	BidButlers List in My Account Area with full list of bids for each bidbutler
7.8	Bidbutlers Table per auctions for Site Admin
7.9	Full log of BidButlers start, pause and delete events
7.10	Upper limit of auction price

8. Buy Now Functions

		Standard	Enterprise	Price
8.1	Buy Now
8.2	Buy Now Discount for used bids
8.3	Configurable Discount Rate for used bids
8.4	Free bids are not counted in the reduction of price
8.5	Special Icon for Bid Now Auctions
8.6	Configurable Time Limit for Buy Now option

9. Timers

		Standard	Enterprise	Price
9.1	JavaScript  Timers
9.2	Connectivity Marker
9.3	Auto-detection of bad connectivity
9.4	Smooth Timers

10. Auction Types

		Standard	Enterprise	Price
10.1	NailBitter Auctions
10.2	Rookie Auctions
10.3	Free for Winner Auctions
10.4	Free

11. Deposit (Buy Credits) Page & Deposits Management

		Standard	Enterprise
11.1	Configurable Bids Packages
11.2	Free Credits Associated with Bid Packages
11.3	Coupon on Deposit Page
11.4	Picture for each Bid Package
11.5	Secure Deposit Page (SSL)
11.6	Starter  Bid Packages
11.7	Thank you letter to user after deposit
11.8	Notification letter to Site Admin after deposit
11.9	List of user’s purchases in My Account area
11.10	List of deposits in Site Administration Area
11.11	Admin Area: Export of Deposits to CSV
11.12	Admin Area: Search deposits by user name or email
11.13	Admin Area:  Filter deposits by range of dates
11.14	Admin Area:  Deposit Chart by dates
11.15	My Account: Shipping address stored between winnings

12. Winnings, Orders Management

		Standard	Enterprise
12.1	Special letter with link for the payment sent to the winner notifying him about winning
12.2	List of winnings appears in My Account
12.3	Winnings can be purchased only during limited time  after auction finished
12.4	Bidpack Winnings are automatically assigned to the user
12.5	Secure Payment Page (SSL) for the payment for the winning
12.5.1	User cannot pay twice for the prize
12.6	Invoice sent to user after payment for the prize
12.7	Copy of the invoice  sent to Site Admin
12.8	There is a list of winnings in Site Administration Area
12.9	Admin Area: List of winnings and status of each prize, paid or not paid.
12.10	Admin Area: List of winnings and status of each prize, shipped or not
12.11	Special letter sent to User when item is shipped
12.12	User might see status of the prize, shipped or not, in his My Account area

13. Payment Gateways

		Standard	Enterprise	Price
13.1	PayPal Checkout Express
13.2	Authorize.Net
13.3	Full Payment Gateway Transaction Log
13.5	Failed Transaction Notification
13.5	Custom Payment Gateway Integration			from $500
13.6	Payments Log CVS (Excel-compatible)Download

14. BackEnd (Administration Area) – General Features

		Standard	Enterprise	Price
14.1	Multi-Level Administration Access			$500
14.2	Ability to Create Additional Administrators
14.4	Chart-Based Summary Dashboard
14.4	Categories And Subcategories Management (Add, Edit,Delete) Categories
14.4.1	Auctions Are Re-Assigned on Category Delete
14.4.2	Custom Order for Categories
14.5	Ability To Select Which Auction to Show on Closed Auction Page
14.6	One-Click Login as Any User
14.7	Sent Letters Log
14.8	Customizable Letters in clean styled template with logo
14.9	Online Users View
14.10	Coupons Management Tools -
14.11	Configurable Top And Bottom Menus
14.12	Shipping Cost Settings for auction

15. BackEnd (Administration Area) – Auctions Management

		Standard	Enterprise
15.1	Filter Auctions by Categories
15.2	Tabs for Easy Access to Active (Live), Future, Finished, Canceled, Deleted and All Auctions
15.3	Ability To Add, Edit, Delete, Cancel Auctions
15.4	One-Click Duplicate Auction
15.5	List of Bids, Including Time, User, IP, Type of Bid
15.6.	Auction Major Indicators: Bids Placed, Last Bid Time, Number of Users, Amount of Credits Collected
15.7	List of Users which made bids on the auctions, including name, link to profile
15.8	Search Auction by Title or Number
15.9	Variable Amount of Credits for Single Bid
15.10	Automatic Thumbnail Creation
15.11	Mutiple Pictures for Auction

16. BackEnd (Administration Area) – User Management

		Standard	Enterprise
16.1	Search User by Name, Email, Username
16.2	User Bids List (across all of the auctions)
16.3	Users Orders List
16.4	User Deposit History
16.5	User Winnings List

We are making best effort to create most feature rich, reliable, scalable and efficient software package on the market.
Some features might have different name with other competing software package.

The list above is correct as of September 12, 2011
The list above defines features set as for Standard version 2.1 (August 20,2011) and Enterprise v3.0 (September 12, 2011)
Demo Site might not have some of the features, or might have some features disabled.

Penny Auction Administration Area

Dashboard

• Online Users (Unique Feature)
  Allows to see who is online and on which page. This information is used to estimate the general interest and  risks running the additional auctions.
• Activity Snapshot
  Allows to see all of the major data in one place. Information about deposits, placed bids, ended auctions and invites compiled in one small grid.
• Activity Graph
  Admin may see how many users registered during last two days, how many bids were placed, amount deposited, how many auctions finished in the last two days and how many users registered thanks to invitation sent by registered users.
• Running auctions
  List of running auctions and number of bids placed allows to understand the popularity of the offer.
  Data displayed in a grid and in a chart.
• Auctions closed in last 24h
  This grid allows to see what was activity on the auctions closed in last 24 hours.
• Most Active Users in last 24 hours
  Here is the list of users who placed more bids than others in last 24 hours. This information allows to spot unusual activity and see the current bidding pace.

Dashboard is a nicely designed powerful tool allowing to Site Admin feel pulse of the website, have a general look over the  and take decision on . Dashboard information is displayed by default for last 24 hours and Site Admin might filter it to any other period.

Auctions Management

Navigation:

• Search by auction ID or auction name, partial search allowed.
• Filter by Auction Category

Layout: Separation between All, Active, Future, Finished, Cancelled and Deleted auctions.

Most Valuable Unique Functions:

• Live Timers to show the current situation on the website
• Cancel functions with built-in notification letter
• Duplication button automatically adjust the time for newly-created auction
• Automatic Profit calculation for the auction, based on monetary value of each bid

Additional Functions Tab:

• Color-marked statuses of the auctions
• Full Information about Bids Placed on each auction, including: user ID, name, placed time, type of bid,  value of bid, and monetary value acquired from each bid.
• Buttons to Create,  Edit, Duplicate, Cancel, Delete auctions
• Full list of users participated in the auction with amounts of bids placed

Auctions Management is central area of the website, where auctions are created, cancelled, duplicated etc. Using this are Site Admin gets most of the required information and at the same place performing daily business operations. We’ve optimized Auctions Management Panel to run with huge amounts of data effectively.

PLEASE NOTE: The penny auction software, both standard and enterprise versions have more than 100 features. Please call us if you do not find it in the list above or the plugins catalogue.

1)  No additional charge. Not supplied with every

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** Requires 3rd party Live Support Chat Tool, such as ProvideSupport Live Chat