Auction Types
Hybrid Dutch auction (Insider)
Also called the Combined auction based on the Dutch auction. It consists of three stages, each of which is a separate auction type itself: the Dutch auction, Sealed Bid and Best Price auctions.
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Forward English auction
The most widely-known auction type is the English auction also known as the forward or ascending auction. The key feature of this auction type is the gradual increase in price for the item (goods or a service) that is put for sale by the auction organizer when the buyers bid in competition to purchase this item.
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Reverse English auction
The principle of this auction type is, judging by its name, the opposite to the forward English auction.
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Texas Auction
This type is well-suited for property lease or art auction. The bidding here starts with a price announced by the seller and lasts until there remains only 1 bidder willing to take the lot.
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Auction strategies |
Hybrid Dutch auction (Insider)
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Forward English auction
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Reverse English auction
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Texas Auction
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E-procurement auction | ||||
Online charity auction | ||||
Celebrity auction | ||||
Tendering Auction | ||||
Liquidation auction | ||||
NPL sale | ||||
Art auction | ||||
Property lease auction | ||||
Land lease auction | ||||
Charity Auction | ||||
Car auction |
SaaS Auction Platform
Connect your apps like a web app, mobile app, CMS, or CRM with an API of the Atreus Auction Platform
SaaS auctions in the Cloud - High availability with AWS
SaaS auction platform by Atreus.auction is a cloud-based solution available for you anywhere and anytime. What is more, when you need increased system capacity, we can easily involve additional servers with AWS. This feature is of great importance, for instance, in cases of unusually big number of auctions held within a day, which sheds sufficient load upon the system.