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DNN Store & Auction & Classified Ads & Slideshow module - Classified Pro - works for Sealed first-price auction

       Classified Pro is an enterprise-class DNN module which helps you creates an online store, auction website or publishes classified ads as easy as ABC. You can view more details at http://dnnmodule.com/Store/ModuleDetail/tabid/117/ProductId/29/Default.aspx. Classified Pro module supports nearly all  types of auctions. In this page, we mainly demonstrate its Sealed first-price auction feature. Please note, the auction products in our demonstration pages are true products.  You can try to submit your bid to win Classified Pro standard/enterprise (and also other modules) with lower price (e.g, $150) if no one else compete with you.

        Sealed first-price auction  
       It is also known as a first-price sealed-bid auction (FPSB). In this type of auction all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price they submitted.

        This type of auction is distinct from the English auction, in that bidders can only submit one bid each. Furthermore, as bidders cannot see the bids of other participants they cannot adjust their own bids accordingly. Sealed first-price auctions are commonly used in tendering, particularly for government contracts and auctions for mining leases.

Classified Pro module demo - works with Sealed first-price auction

Classified Pro 7.9 standard edition
Seller Rating: 
Views:  929
Start Price:  $150.00
Buy Now Price:  $190.00
Remain:  4 Days, 18 Hours
 Bid Now
Cross Bulk Mailer 5.2 enterprise edition
Seller Rating: 
Views:  1693
Start Price:  $220.00
Buy Now Price:  $260.00
Remain:  4 Days, 18 Hours
 Bid Now

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