When you first start using the Bidlogix platform, you might notice an auction already in the system that has a red ‘M’ symbol in a circle:
This is called the Marketplace.
How It Works
The Marketplace behaves like a never-ending timed auction.
You’ll see that its end date is set to the year 2118, which represents this ongoing state.
Why Use the Marketplace?
Items can be added to the Marketplace if you don’t want to include them in a timed or webcast auction.
This might be because:
An item didn’t sell in a previous auction;
It’s a one-off item;
You don’t need to group items into a specific auction.
You can still set individual end dates and times for items added to the Marketplace.
⚠️ Do not change the end date of the Marketplace auction itself, as this will affect how it functions and may require a reset.
How Items Are Displayed
Items in the Marketplace are listed by category, not by auction date.
When a user selects a category, they’ll see a list of items in that category, sorted by closing date.
💡 You can see this in action by visiting our demo site and clicking on the Marketplace tab.
Supported Features
Marketplace items support the same features available in timed auctions, including:
Lot or listing
Make Offer, Buy Now, or Bidding only options
Displaying the Marketplace by Default
If you only use the Marketplace—or prefer to display it by default on your website—you can do so from BidJS V4 onwards. Click here to see our installation documents for more information.
If you're unsure whether to use the Marketplace or a regular timed auction, contact us at [email protected].