The bid increments determine the increments by which bids will increase during timed and live auctions. The bid increments will already be set on delivery of the system following the general rule that bids increase by approximately 10% of the current bid. However you can edit this to suit your needs.
Having selected [Bid Increments] you get this screen.
NOTE : The system MUST retain an instruction for a minimum (0) bid level – so do not delete the first increment rule.
This table indicates that with a current bid of £0 to £20 the bid will go up in £1 increments. From £20 to £50 the bid will go up in £2 increments. From £50 to £100 the bid will go up in £5 increments etc.
To add a new increment enter the threshold from which the new increment should apply and then enter the increment amount and click [Save].
The system will apply that increment from the previous threshold to the new threshold entered. For example in the table above if you entered a threshold of £1,000,000 and an increment of £50,000 the bid from £500,000 to £1,000,000 would go up in £50,000 increments.
You can delete an increment by clicking [Delete]
