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Penny auction software script

Technology: PHP5
Database: MySQL
Version: 4.0
License: GNU GPL
Price: $149.99


Build your penny auction site in minutes!

ICPennyBid is a powerful, scalable and fully-featured penny auction script that lets create the ultimate profitable online penny auction website, like Quibids, BidCactus or Madbid. It allows to manage entire online auction operation: create new auctions within seconds, view members auctions and use the auction extension settings tool.

Our penny auction software ICPennyBid will allow to setup comprehensive and robust site with two auction types: regular penny auction and "buy seats" penny auction (user must buy seat to participate). Site administrator can adjust auctions time, step, bid increments, date formats, user authentication, graphic design layout and other parameters in admin panel. Auction payments are via PayPal and it is possible to integrate another payment processor.

Member Panel
- Edit Data - Members can enter and manage personal details.
- Member can view auctions he participated in with the bid amount, date and other details.
- Payments history - member can view the history of payments made on the site.
- Won auctions - member can view all auctions he won.
- Member can save auctions to his personal watch list and view the saved auctions at a later time.
- Add balance to account.

Administrator Panel
Settings
- General Settings - On this page the site administrator can define basic variables on the site like the site name, site url, administrator email and administrator paypal email.
- Batch Procedures Settings - Administrator can define cron jobs on the server or choose to run the cron jobs from the site itself every time someone enters the home page. Site administrator can also define after how long old auctions will be deleted.
- Picture Upload - Define the max uploaded image size.
- Error Handling - Site administrator can define the error message that will appear when errors occur on the site.
- Country List.
- Auction Duration.
- Bid Increments - Site administrator can define the amount the bid will increase every time another bid is made on the auction. The values defined are the amount ranges and the increment amount.
Preferences
- Currencies Settings.
- Dates Format.
- Default country.
- HTML meta Tags.
Graphic Interface
- Theme.
- General Layout Settings - lets the site administrator define some layout - settings.
Users
- Add New admin user.
- Admin users management - Add, edit, delete accounts.
- Acceptance Text
- Users Management.
- Newsletter - Enable / Disable newsletter checkbox.
- Newsletter Submission - Who will get the newsletter, newsletter content.
- IP Addresses - accepted and banned ip addresses.
Auctions
- Add new auctions.
- Auction Extension Settings - View all auction settings.
- View Open, Closed and Suspended Auctions.
Contents
- News Management
- About Us Page
- How it works Page
- Terms & Conditions Page
- FAQs Page

Live Support window
Penny auction site administrator can support people who are having questions about issues on the site in real time.

Main Features:

  • Users register and pay for participation
  • Two types of auctions
  • Customizable bid increment system
  • Powerful admin panel
  • Autobid
  • Bid Packages

 

What is penny auction?

A penny auction is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. Penny auction ends after a period of time, typically ten to twenty seconds, without new bids; the last participant who have placed a bid wins the item and also pays the final bid price, which may be significantly lower than the retail price of the item. Such auctions are typically held over the Internet on a website made with penny auction software, rather than in person.