Newspaper Auctions
License Purchase: When you purchase an AuctionPress usage license, we work with you to create the web pages that you will use to run your auction events. The license purchase fee covers all of the installation and customization tasks, as well as giving you on-going access to the AuctionPress platform.
Event Fee: Every time you run an auction event (you can run events whenever you want and as often as you want), we do the initial setup for the event, and then you use the administrative back-end to enter the items, advertiser information, etc. An event fee is charged for each auction event you run. The event fee is calculated as a percentage of the revenue you generate during the event, with a minimum fee per event.
License Renewal: Every twelve months a license renewal fee is due. This extends your usage license for another twelve months.
Note: All prices are quoted in US dollars. Any bank charges for wire transfers or currency conversion associated with payment of fees from outside the US are to be paid by the customer, and are in addition to the prices quoted above.
Revenue |
Retail |
Reserve |
Total # Items |
# Sold |
# Bid Below Reserve |
# with No Bid |
Revenue As % Retail |
Revenue As % Reserve |
$17,300 | $51,000 | $26,300 | 131 | 74% | 17% | 9% | 34% | 66% |
$32,600 | $110,400 | $55,300 | 361 | 51% | 36% | 13% | 30% | 59% |
$54,700 | $212,855 | $106,300 | 379 | 52% | 01 | 48% | 26% | 51% |
1: This event had no items with bids below reserve because all opening bids were set equal to reserve. In this situation, any item that receives a bid has automatically reached reserve. |
Revenue |
Retail |
Reserve |
Total # Items |
# Sold |
# Bid Below Reserve |
# with No Bid |
Revenue As % Retail |
Revenue As % Reserve |
$29,600 | $125,800 | $26,300 | 300 | 56% | 19% | 25% | 25% | 113% |
AuctionPress is written in PHP, HTML, CSS, and JavaScript. Data is stored on the server in a MySQL database. The system runs on our dedicated server under BSD Unix and the Apache web server software.