Essence of Reverse Auctions:
- The seller announces the price – participants offer lower bids.
- For the seller: quick sales.
- For the buyer: driving the price down.
- For participants: outbidding competitors with higher offers.
- Sellers' profit: maximum sales price and market demand analysis.
- Select the winner from received offers
- Conduct tenders for requests or offers
- Set a price and sell quickly to the highest bidder
- Set a budget in the 'Request' category and choose the winner
- Chat with participants, private auctions, and invites
Starting on BALKAN BID Auction:
- Register and confirm your registration (via email) – it's simple.
- Log in and complete additional fields in the "My Profile" menu – this is your business card.
- Want to bid? – See how to place a bid.
- Want to add a lot? – List it in your region's language or the target audience's language – it will appear on the "Auctions on the Map".
How to List a Lot for Auction?
- → in the menu “delegate” to programmers or publish the lot yourself ↓.
- Log in, go to → My Profile → Payment Balance.
- Top up your balance with a minimum of 9 euros.
- Click “Place Auction”, fill in the required lot fields:
- Choose auction type: public, private, by invitation.
- Title: short and clear, up to 55 characters for SEO.
- Category: note the difference between “offer” and “request”.
- Start / End date: maximum duration — 3 months.
- Short description: recommended 130–159 characters for SEO.
- Description: write the essence and add 2 relevant tags below.
- Google Map: click “select coordinates” and place a marker on the map. Press “select”.
- Maximum price: add the price, choose currency (don’t convert rubles to dollars 1:1 😀).
- Deadline: task or project completion date. Fill in if needed.
- Attach photos and click “Save”, check how it looks.
- Click the “Edit” icon to make changes and add more photos.
- Track bids — they will arrive by email and appear under the lot. Choose the winner.
Commissions on BALKAN BID Auction.
- 9 euros — your lot for 3 months. No commission fees. You’re welcome.
- Want to pay 10 euros? Your lot goes to the top with stars! And it helps us develop the auction.
- Publish your lot and simply wait for offers — like at a marketplace with bargaining, my friend. Sell fast.
- Paid promotion available in 7 languages, 100% SEO inside the luxury online catalogue.
- Want to sell via the luxury catalogue and auction? Go here: “ Delegate ”
