A dutch style auction implementation would be nice.
From Wikipedia:
"Dutch auction: In the traditional Dutch auction the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined minimum price is reached. That participant pays the last announced price. This type of auction is convenient when it is important to auction goods quickly, since a sale never requires more than one bid. The Dutch auction is named for its best known example, the Dutch tulip auctions; in the Netherlands this type of auction is actually known as a "Chinese auction". "Dutch auction" is also sometimes used to describe online auctions where several identical goods are sold simultaneously to an equal number of high bidders. Economists call the latter auction a multi-unit English ascending auction."
Comments
Comment #1
simegreat idea, needs somone to do it.
Comment #2
Zoologico commentedAnyone working on this?
It'd be great if the new eCommerce module implemented this somehow.
I will follow up directly with those folks because I'm willing to put money on this.
Comment #3
Pricefalls commentedI know this is an older post but I couldn't pass up the opportunity to introduce you to Pricefalls.com, a Dutch Auction marketplace that has climbed into the top 10,000 trafficked sites in the US. We've very successfully implemented the Dutch Auction 'gravity shopping' model to our marketplace and have watched the prices fall!
Comment #4
gordon commented