Auction Selling Revealed Blog

Ebay sellers have been using Dutch auction for multiple items listing.  It is an auction-style that offers multiple identical items for sale.   Unlike ordinary auctions, dutch auction have many winners.  For example there are 10 cellphones displayed for dutch auction. 

1.)    Bidder A bids 3 items at $8

2.)    Bidder B bids 6 items at $7

3.)    Bidder C bids 3 items at $4

4.)    Bidder D bids 2 items at $9

In this case, the lowest successful bid is $7.  What happens is, Bidder D turns out to be the higher bidder and will win 2 items at $7, Bidder A wins 3 items at $7 and since there are only 5 items left, Bidder B wins only 5 items at $7.  If you notice, the lowest successful bid which is $7 becomes the price of each item.  In dutch auction, the winners may refuse partial quantities which usually happens to the lowest successful bidder.  If in this case, bidder Bidder B refuses to take only 5 items as compared to his bid amount which is 6 items, Bidder C has the chance to become the lowest successful bidder. Dutch auction selling, the winners are determined under certain circumstances.  If you play well, you get lucky.