Place of Auction

Auctions are traditionally exciting affairs with people crammed into a venue to bid for the items on sale. However, the Covid-19 pandemic and the resultant enforcement of social distancing norms have pushed people indoors. Fortunately for fundraisers who solely depended on these auctions to raise money for charity, free auction sites stepped in to adequately fill this space. How do these free auction sites function? First, as the name suggests, these websites using specialized auction software do not charge for their services. However, organizers have to pay the actual fees of third-party services like payment gateways. Hence, it is very profitable for fundraisers as in traditional auctions there are expenses like hiring a venue and auctioneer and transporting the goods to the venue. Free auction sites, on the other hand, offer fully-managed services necessary for an auction. These include registration of the participants, displaying photos of the items for sale on the website,...

Traditional auctions are generally fun and exciting with people crammed into a hall, inspecting the goods displayed on tables, and bidding feverishly for them. All that is on the way out, largely due to the convenience of mobile bidding silent auction   websites and the post-Covid-19 pandemic restrictions of strict social distancing norms. Large gatherings of people at a place have been banned in most countries. How then is a mobile bidding silent auction   conducted as distinct from the auctions of the past? These auctions are conducted online by websites that use specialized software to do so. The reason for the name silent auction is because no one calls out the bids – it is all done over any Internet-connected device such as a smartphone, laptop, or tablet. You place a bid after which there is no necessity to continually track the process. A notification will be sent if your bid is crossed. You can then either place a higher bid or drop out. A mobile bidding silent a...