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November 22, 2012
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What is an Adoptable Auction?
An Adoptable Auction it's like a normal auction, with an adoptable on the plate and the highest point/money offer wins. These are not 'first come, first serve' adoptables.

Is it the same thing as a Name-Your-Price Adoptable?
Both can cause a bidding war, but no, they're not the same thing. Auctions are more organized and have more terms to them that the NYP Adopts. NYP Adopts usually have a price range and not a starting bid, they don't have an autobuy, nor a minimum bid raise and end when the Adoptable Creator feels like it.

Terminology
Bid = Money/Point Offer
Starting Bid/Base Bid (SB) = The first and lowest bid you can make for the adoptable (usually decided by the Adoptable Creator)
Minimum Raise = The minimum amount of money/points that you need to add to a previous bid to beat it (usually decided by the Adoptable Creator)
Autobuy/Buyout (AB) = The price that you need to pay to be sure to get the adoptable (usually decided by the Adoptable Creator)
Reserve Price = The price under which the Adoptable Creator won't sell the adoptable despite the start of the auction (higher than the Starting Bid but lower than the Autobuy, it's not very common to find one on dA)
Bid Comment = A comment made by the Adoptables Creator where you reply with your bids

How do I make an auction?

:bulletorange: Create an adoptable
You can't make an auction without having something to sell. Usually Auction Adoptables have a peculiarity that sets them apart from usual pre-sets, be it an extra chibi, or the fact that they're an original species, or a special edit made just for them. (Or you do auctions to get the maximum income possible for every design you make.)

:bulletorange: Decide the outline of the Auction
The Adoptable Creator is the one who decides the terms of the auction, and this info needs to be written down in the description. Some info is mandatory, some isn't.

Mandatory:

Currency = It may seem stupid, but it's actually not. Maybe you accept only points, or only cash, or you accept both, but you need to *tell* people. Because there'll always be the intelligent guy who offers you cash when you don't have a paypal, or points when you ask for cash. At least you can tell them 'read the description' instead of 'I'm very sorry, but I accept only this kind of payment'.

Starting Bid = Doesn't matter if it's as low as 1:points:, you need to set a starting bid. Because you can't say 'bid what you want' and when someone offers you 18:points:, you tell them that it's a stinky offer because your pre-set adoptables are worth at least 180:points:.

End Date = Tell your bidders when the auction ends. This tells them if they need to stay attached to the PC to bid or if they can go take a pee-stop and it's also a way to give them the assurance that the bidding is fair for everyone.

Imagine this situation: There's a bid war between two bidders. Bidder A has 500:points: max to give away in the auction but is called away from the PC to have dinner. The Auction Creator sees the last offer from Bidder B at 350:points: and thinks that Bidder A folded, or feels like the auction was long enough to satisfy him and closes the auction.

The Auction Creator might have earned more if he had waited, and Bidder B will be disappointed for having lost the auction and probably will be a little reluctant to bid again with that Auction Creator.

Not Mandatory:

Minimum Raise = You can set this if you are auctioning for high prices and don't want the bid to go up point by point. Many bidders know how annoying that is and limit themselves to numbers ending with a 0 or a 5, but some will use every single number available from 0 to 9 if you let them.

Autobuy/Buyout = You can set this as low or as high as you want, in comparison to the starting bid, depending on what you want to tell your bidders. A low one says 'Come on, it's low enough to autobuy, give me the little extra needed to reach it', a medium one says 'I know it's high but if the auction progresses it won't be that unreasonable, and you could be sure to get it' and a high one says 'you know, just in case'.

Reserve Price = I personally don't like this, because if you have a reserve price, what's stopping you from putting *that* as a starting bid? But if you have a price under which you won't sell, you need to tell your bidders and not sprung it on them after the auction has already started.

Bid Comment = You may want one of these to keep tidy the comment board, but face it, it's not going to happen. Unless you have the 'Oldest Comments First' option checked, your Bid Comment will be pushed under the new comments. People will ignore it anyway and bid where they feel like it. And you'll have to play shepherd because, even if you say 'bids not on the bid comment won't be considered', you'll still go tell people because bids are yummy and you don't want to lose them.

:bulletorange: Auction Time
So you have set all the terms, have posted the Auction and are ready for the bids. I like to keep a 'Highest Bid' line in my auctions, so people can check up there who's leading the auction without browsing all the comments.

Always remember to tell a bidder if they've been outbid, until they tell you that they fold. Remember that people have a life outside the internet (Orly? Yarly!) and just because they don't reply to your oubid comment, it doesn't mean that they won't reply to the second one when they see them.

:bulletorange: Auction End
So the auction is over. Write the winner's name in the Adoptable Description and ask for the payment.

When does an auction end?
Time Ending 1 = The auction ends within [X Hours, decided by the Adoptable Creator] from the first bid
Time Ending 2 = The auction ends within [X Hours, decided by the Adoptable Creator] from the moment the Auction Adoptable has been posted
Bid Ending = The auction ends when the highest bid has remained the same for [X Hours/Days, decided by the Adoptable Creator]
Random Ending = The auction ends when the Adoptable Creator feels like it
Snipeguard = When, in a Time Ending 2 Auction, somebody bids a couple of minutes before the closing time (that's called Sniping), the auction end gets pushed forward a couple of hours.

What if the winner doesn't pay me?
Give them a time limit (one day or two, usually), and after that give the adoptable to the second highest bidder.

No one bid on my auction.
Well, perhaps something went wrong. Try to check these things about your auction:

Exposure
Auctions are harder to sell than normal pre-set adoptables (don't ask me why), so submitting it to 4-5 groups is not going to cut it. Unless you're the Adoptable God, have 1 million pageviews and people scratch at your message board to ask you for adoptables.

Information
Did you write down the Currency, Starting Bid and the End Date? Lack of information is something that discourages people from bidding, because it's up to *you* as seller to organize the auction, not them. And how can the bid correctly when they don't know the rules?

Time Ending 1
Time Ending 1 is a double edged blade. Because when it starts, people bid faster (and higher) to get it within the time limit, but if it doesn't start, you remain with an unsold adoptable. Try Time Ending 2 if you don't have the patience to do the Bid Ending.

Pricing
I've written a Journal about pricing adoptables, but unfortunately Auctions rarely follow the usual pricing rules. They don't have a set price outside the Starting Bid and depend on how much the bidders like the design, so they're exclusively dependent on the design and art quality.

Hear the sound of truth, people can't see behind what's physically in front of them. It doesn't matter that you spent a month on that drawing or that you think that the quality has improved a lot from your gallery level. People don't care about your time, they don't care about your gallery, if they don't think the art is worth it, they won't bid.

You can try doing a NYP Adopt, and see how much people are willing to give you for a design similar to the one you offered for auction. Then, based on how much you earned and how much was bid, you can raise the stakes a little and do another auction, with a similar price range to what you got in the NYP Adopt.



If you have any questions, feel free to leave a comment. =)

Adoptables Journals Series:
Adoptables, Basics for Adopters
Adoptables, Basics for Adoptables Artists
Adoptables Tutorial
Adoptables, Writing an Artist's Description
Adoptables, Customs
Adoptables, Design Tutorial
Adoptables, Buying Adoptables
Adoptables, Pricing
Original Species Tutorial
The Purchase Button and P2U Deviations
Adoptables, Auctions
Adoptables, Original Species Confusion
Adoptables, I sold one, now what?
Add a Comment:
 
:iconceli-adopties:
Celi-Adopties Featured By Owner Dec 13, 2014  New member Hobbyist Digital Artist
Help! I have an auction going on right now and it ends in few hours.Only one person bidded and it was only 5 points. Should i really give up something that i really worked hard on for only 5 points?
Reply
:iconkarijn-s-basement:
Karijn-s-Basement Featured By Owner Dec 13, 2014
While I do support the fact that people should not downprice their art and their work, you're doing an auction where *you* decided the starting price. Auctions can stay without bids or have just the SB and then they're over. not all of them end in AB or a bid war. So if you decided to put five points as your starting bid (no matter why you did it), you made the choice that *that* was the lowest acceptable price you'd want to give up that design. And stopping an auction and refusing a bid because you think it's too low will only lose you credibility.

So I suggest you follow through your auction to its end, so whatever the bid was, if they pay you, the character is theirs and then, next time, think about what happened with that auction and price the next ones accordingly.
Reply
:iconceli-adopties:
Celi-Adopties Featured By Owner Dec 13, 2014  New member Hobbyist Digital Artist
Yeah. I kinda think that i screwed up on that one hehe.
Reply
:iconchris95th:
chris95th Featured By Owner Dec 2, 2014
I see, thanks, that's helpful :).. I want to try making adoptables too but I think Im not cut out for it yet so I better get practicing first, thanks for the answer
Reply
:iconkarijn-s-basement:
Karijn-s-Basement Featured By Owner Dec 2, 2014
You're welcome and good luck with your adopts. ;)
Reply
:iconbooty-peach-adopts:
Booty-Peach-Adopts Featured By Owner Nov 28, 2014  New member Hobbyist General Artist
somebody immediately AB from one of my adopts, do I still have to wait till the end date or just immediately give it to the winner.
Reply
:iconkarijn-s-basement:
Karijn-s-Basement Featured By Owner Nov 28, 2014
Autobuy means autobuy, no matter time. ;)

Basically, the auction automatically closes if someone ABs (and pays, of course). If you have multiple adopts on one sheet, the one autobought closes its auction and the others go on like nothing happened. Congrats on the AB, btw.
Reply
:iconchris95th:
chris95th Featured By Owner Dec 1, 2014
Hi, sometimes I feel like some auto buyers are those who just want to ruin your auction, I dont know much about adoptables yet so I want to know if this is a usual event, like for example, "DA member AB at the first sight of your auction" so you have to close it and wait for around 24 hours for the transaction, then it's a fake AB, so that 24 hour period was wasted and you'll have no choice but to just open it again . Is this true? Thanks
Reply
:iconkarijn-s-basement:
Karijn-s-Basement Featured By Owner Dec 2, 2014
I've had bids retracted, or bidders disappearing, but it never happened to me with an AB. It's something that can happen, sure, but people retract bids and ABs at their own risk, because the community talks about these people and usually bidders on the 'old' auction will be the same as the 'new' one and people talk.

My personal choice is to give everyone a fair chance and if I blacklist them or not depends on how they behave, so if they have made a bid and when they win the auction the answer is something like 'an unexpected bill/tax/rent/car accident came up and I can't pay', then I'm willing to give them a second chance (though they'll still get a yellow flag), if they disappear with no contact even after reading my warning note, then they get blacklisted and won't be able to bid on my auctions ever again.

Not much else you can do about it. ^^;
Reply
:iconbooty-peach-adopts:
Booty-Peach-Adopts Featured By Owner Nov 28, 2014  New member Hobbyist General Artist
I see, thank you very much! ^^
this helped very much :D
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