March 28, 2023

How To Set Up Your Auction

How To Set Up Your Auction

Oktion gives you the option to sell or buy. To run an auction and sell items, you will need to select sell and create a new auction. Once your auction has been created, you can then invite guests, create item lots and start the bidding.

Create a New Auction

If you have a company associated with your account, you can create a new auction to sell items. To do so, go to Sell and select new. You can now fill in your auction details to create an auction.

Auction details to include:

  • Auction profile picture
  • Auction name
  • Auction description
  • Event date
  • Bidding open date
  • Bidding open time
  • Finish date
  • Finish time

Helpful Hints:

  • Include an image that is related to your auction. This can be a company logo, the name of your auction event or an image of the auction’s physical location. Choose a relevant image so that your guests can instantly identify your auction and know who is running the event.
  • Make sure you include a description of your auction event. We suggest you explain your cause or mission, why you are raising money and what you hope to achieve.
  • We recommend you open the bidding before the date of your actual auction event. This gives your guests more time to bid on items and can help you raise more money.
  • If you have 10 or more items, we suggest you end one or two items before the auction end time. This creates urgency which can drive more bids.

Create Auction Items

Once your auction has been created, you can start adding new auction items for your guests to bid on. At the bottom of the auction profile page, select new auction item and fill out the item’s details.

Item details to include:

  • Item image
  • Item description
  • Name of the item donor
  • Starting bid
  • Bid increments

Need extra help with your Oktion event? We offer on site technicians and support staff, or phone based support. It’s up to you. Find out more today.

Oktion gives you the option to sell or buy. To run an auction and sell items, you will need to select sell and create a new auction. Once your auction has been created, you can then invite guests, create item lots and start the bidding.

Create a New Auction

If you have a company associated with your account, you can create a new auction to sell items. To do so, go to Sell and select new. You can now fill in your auction details to create an auction.

Auction details to include:

  • Auction profile picture
  • Auction name
  • Auction description
  • Event date
  • Bidding open date
  • Bidding open time
  • Finish date
  • Finish time

Helpful Hints:

  • Include an image that is related to your auction. This can be a company logo, the name of your auction event or an image of the auction’s physical location. Choose a relevant image so that your guests can instantly identify your auction and know who is running the event.
  • Make sure you include a description of your auction event. We suggest you explain your cause or mission, why you are raising money and what you hope to achieve.
  • We recommend you open the bidding before the date of your actual auction event. This gives your guests more time to bid on items and can help you raise more money.
  • If you have 10 or more items, we suggest you end one or two items before the auction end time. This creates urgency which can drive more bids.

Create Auction Items

Once your auction has been created, you can start adding new auction items for your guests to bid on. At the bottom of the auction profile page, select new auction item and fill out the item’s details.

Item details to include:

  • Item image
  • Item description
  • Name of the item donor
  • Starting bid
  • Bid increments

Need extra help with your Oktion event? We offer on site technicians and support staff, or phone based support. It’s up to you. Find out more today.