Software > Text2Bid > ActiveYield™ Soft Close

ActiveYield™ Soft Close

Automatically manage items in real-time

 

active yield

 

ActiveYield™ Soft Close is a two-fold feature that both increases revenue and protects bidders from last-minute bidders.

If ActiveYield detects any bids during the last minute of bidding, the items that receive last-minute bids will automatically stay open one extra minute - allowing the outbid bidder to counterbid. If they counterbid - another minute is added to the clock for that item, and so on. This creates a frenzy of fun competition, and has brought in thousands of extra dollars within minutes.