Auction APK

Overview of Auction

Auction is a subsection of eBay Korea’s online marketplace, specifically designed for auction-style sales.

• Functionality:

- Users can bid on products rather than purchasing them at fixed prices.

• Platform Accessibility:

- Available via eBay’s Korean website and mobile app, catering primarily to South Korean buyers and sellers.

Key Features of Auction

• Auction Format:

- Allows sellers to list items with a starting bid, and buyers can place competitive bids.

• Time Limits:

- Auctions have defined durations (e.g., 1, 3, 5, or 7 days).

• Proxy Bidding:

- Buyers can set a maximum bid, and the system automatically increments their bid up to that limit.

• Seller Tools:

- Includes listing templates, bulk uploads, and promotional features.

Benefits for Buyers

• Potential for Lower Prices:

- Competitive bidding may result in lower final prices than fixed listings.

• Exclusive Items:

- Some rare or collectible products are only available through auctions.

• Thrilling Experience:

- Real-time bidding creates an engaging shopping experience.

Benefits for Sellers

• Higher Profit Potential:

- Bidding wars can drive up the final sale price.

• Flexible Selling Options:

- Sellers can choose reserve prices (minimum acceptable bids).

• Broad Audience:

- Access to eBay Korea’s large user base.

How to Use Auction

1. For Buyers:

• Register on eBay Korea.

• Browse or search for auction listings.

• Place bids and monitor auction progress.

• Pay securely if the bid is successful.

2. For Sellers:

• Create an eBay Korea seller account.

• List items under the auction format.

• Set auction duration and optional reserve price.

• Manage bids and complete transactions after auction closure.

3. Potential Challenges

• High Competition:

- Buyers may face aggressive bidding on popular items.

• Unsold Items:

- If reserve prices aren’t met, items may not sell.

• Fees:

- eBay charges listing and final value fees for sellers.

Auction is a dynamic platform for both buyers and sellers, offering an alternative to traditional fixed-price shopping.

While it provides unique opportunities, users should be aware of the competitive and time-sensitive nature of auctions.

FAQ

Q: What is proxy bidding?

A: Proxy bidding allows buyers to set a maximum bid amount. The system automatically increases their bid incrementally (only as needed) up to that limit.

Q: Can I get items at lower prices through auctions?

A: Yes, competitive bidding may lead to lower final prices compared to fixed-price listings, though some items can also increase in price due to demand.

Q: How do I pay if I win an auction?

A: After winning, you’ll receive payment instructions and can complete the transaction securely via eBay Korea’s checkout system.

Version History

v8.7.00——28 Jul 2025

Download the latest version of Auction to enjoy new features and updates immediately!

*8.7.00

고객님의 더 나은 쇼핑 경험을 위해 앱을 업데이트 하였습니다.

새로 업데이트 된 옥션에서 확인해보세요.

- 보다 나은 서비스를 위해 앱 안정성을 강화

옥션을 이용하시다 불편한 사항이 생기시면 언제든 의견을 주세요.

더 나은 쇼핑 경험을 위해 계속 노력하겠습니다.

*8.6.90

고객님의 더 나은 쇼핑 경험을 위해 앱을 업데이트 하였습니다.

새로 업데이트 된 옥션에서 확인해보세요.

- 보다 나은 서비스를 위해 앱 안정성을 강화

옥션을 이용하시다 불편한 사항이 생기시면 언제든 의견을 주세요.

더 나은 쇼핑 경험을 위해 계속 노력하겠습니다.

*8.6.80

고객님의 더 나은 쇼핑 경험을 위해 앱을 업데이트 하였습니다.

새로 업데이트 된 옥션에서 확인해보세요.

- 보다 나은 서비스를 위해 앱 안정성을 강화

옥션을 이용하시다 불편한 사항이 생기시면 언제든 의견을 주세요.

더 나은 쇼핑 경험을 위해 계속 노력하겠습니다.