Would you like to decide whether your buyers can make lower bids, and if so, from what amount and up to what percentage?
This video tutorial will guide you step by step on how to activate and configure this feature.
And to support you even more precisely, we’ve detailed each step from the video just below.
🎥 Video Tutorial: How to Set Up Lower Bids
📌Steps to configure lower bids
To give you more flexibility, you can customize the lower bid system as soon as your sale starts.
To configure lower bids, go to the "Customization" page of your store.
The system is divided into three periods, each with its own settings.
Period 1 - Start of the sale
You define the number of days during which this period is active (e.g.: 0 to 7 days).
Available options:
- Accept bids up to a certain percentage (e.g.: 5%), without automatic acceptance
- Accept bids up to a certain percentage, with automatic acceptance up to a defined threshold
- Refuse all lower bids
Period 2 - From the 7th to the 90th day of the sale
Only available if you are a Store Plus member and if you activated bids in period 1.
Options similar to period 1:
- Accept bids up to a certain percentage, with or without automatic acceptance
- Refuse all lower bids (not available if you already accepted to receive bids in the previous period)
Period 3 - After 90 days
Only available if you are a Store Plus member and if you activated bids in periods 1 and 2.
The options are the same as in period 2. The only difference: the minimum discount percentage increases to 10%, compared to 5% in the previous periods.