Bid_Pin – Multivendor Auction & Bidding Platform

Description

Bid_Pin – Multivendor Auction & Bidding Platform

Bid_Pin is a complete multivendor auction and e-commerce system built to let sellers/listings compete in timed bidding, sealed offers, and “Buy It Now” style auctions. With features like incremental bids, auto-bid, reserve prices, and vendor dashboards, you can launch your own eBay-style marketplace—no coding required. Distributed under the GPL license with lifetime free updates and limited email support via wpshop.net.

🛒 Feature Highlights

• ⌛ Timed Auctions: Set start/end times, reserve price, bid increments, and “Buy Now” fallback.
• 🤖 Auto-Bid / Proxy Bidding: Bidders can enter maximum bid and let the system auto-bid up to that amount.
• 💼 Multivendor Marketplace: Vendor dashboards to list auctions, view bids, manage payouts, and configure commission.
• 🔔 Real-Time Notifications: Live bid updates, outbid alerts, auction start/end reminders via email and push notifications.
• 🔐 Bid Protection & Security: Anti-sniping timer extension, minimum increments, bidder verification, and fraud detection.
• 💳 Payment & Escrow: Secure payments, escrow holding until auction ends, payouts to sellers after delivery confirmation.
• 📊 Auction Analytics: Track bid histories, sell-through rates, average bid, and bidder activity dashboards.
• 🛍️ Multiple Auction Types: English, Dutch, sealed-bid, reverse auctions, and hybrid formats.
• 🌍 Localization & Multi-Currency: Native support for multiple languages, locales, and currencies in global markets.

📜 Detailed Overview

Bid_Pin – Multivendor Auction & Bidding Platform gives you a full-featured system to launch competitive marketplaces. Sellers create auctions with reserve price, start price, “Buy Now” price, bidding increments, and schedule. Bidders place manual or proxy/auto bids, and receive real-time updates when they are outbid or the auction is about to close. The system supports extension rules (e.g. last-minute bids extend the end time) to reduce sniping.

Vendor dashboards allow sellers to manage their auctions, view bidder details, payout status, and commission statements. Admins control global settings, commission rates, dispute resolution flows, and user verification policies. The platform supports escrow workflows to hold buyer funds until the item is confirmed delivered or after a waiting period.

📊 Comparison Table

Feature	Bid_Pin	Typical eCommerce Scripts
Auction Types	✔ Timed, proxy, Dutch, sealed, hybrid	Fixed-price only
Auto-Bid / Proxy	✔ Automatic bidding based on max bid	Not supported
Vendor Control	✔ Dashboard, commissions, reports	Basic vendor or shop owner only
Escrow & Payouts	✔ Hold funds until delivery confirmed	No escrow, direct payments
Live Updates	✔ Real-time bid notifications	Page reload only
License & Updates	✔ GPL + lifetime free updates	Commercial / renewal-based

⚙️ Installation Guide

1. Download Bid_Pin from your wpshop.net account and unzip the package.
2. Upload all files to your server (PHP 8+, MySQL/MariaDB) with appropriate folder permissions (e.g. storage, cache).
3. Create a new database and update your credentials in the config / .env file.
4. Run migrations / install script via browser or CLI to set up default tables, admin user, sample data.
5. Configure global settings: commission rates, payment gateways, escrow rules, bidder verification parameters.
6. Set up real-time services (e.g. WebSocket, Pusher, or Laravel Echo) for live bid updates.
7. Test: Create auction, place proxy/manual bids, test auto-bid logic, test “Buy Now” fallback, verify escrow and payout flows.
8. Go live: Secure with SSL, enable caching, optimize database, and monitor bidding performance under load.

🔑 Licensing Information

Bid_Pin is distributed under the GPL (General Public License). You are free to use, modify, and distribute the code under GPL terms. Purchasing from wpshop.net includes lifetime free updates and limited email support for installation and basic configuration (custom auction types, advanced dispute modules, or UI redesigns are outside free support scope).

❓ FAQs

1) Can I have multiple auction formats?

Yes. English (incremental), Dutch (descending), sealed-bid, and hybrid auctions are supported.

2) Does it support auto-bid / proxy bids?

Yes. Bidders can enter their maximum bid, and the system will automatically place incremental bids up to that limit.

3) What happens if there’s a tie at auction end?

If two bids are equal, the earlier timestamp or bidder priority (configurable) wins. Admin settings allow ties handling rules.

4) How does escrow work?

Funds are held in escrow when auction ends; release occurs after delivery confirmation or after a waiting window per rules.

5) Are vendors paid automatically?

Yes. Once funds are released and any hold period is passed, payouts are processed (stripe, bank transfer, or manual method).

6) Do I get lifetime updates and support?

Yes. Updates are free for life and limited email support is provided for setup or initial troubleshooting.

🌟 Why Choose Bid_Pin?

Because it gives you a full-featured multivendor auction marketplace—complete with auto-bid, real-time updates, escrow, multiple auction types, and vendor dashboards—so you can launch a competitive bidding platform fast. The GPL license gives you full control to customize and evolve as your business scales.

Start your auction marketplace today! Download Bid_Pin – Multivendor Auction & Bidding Platform from wpshop.net and get live with time-based sales—powered by lifetime free updates and dependable limited email support.