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Siebel eAuction Guide > Auction Properties >
Raise AutoBid to Reserve Price Option
The
eAuc
:AutobidToReservePrice
property determines whether a bid, placed with an AutoBid amount, will be raised to the auction item's reserve price.If
eAuc:AutobidToReservePrice
is set to TRUE, the following conditions apply:
- If no AutoBid is set, the bid amount does not change.
- If the bid is already above the reserve price, the bid amount does not change.
- If the bid has an AutoBid amount greater than the reserve price, the bid is raised to meet the reserve price.
- If the AutoBid amount is less than the reserve price, the bid is raised to the maximum AutoBid amount.
(If, at the auction's close, the auction's winning bid amount is still below the reserve price, the auction will not be invoiced.)
If
eAuc:AutobidToReservePrice
is set to FALSE, the bid amount does not change.NOTE: Because the reserve price is not disclosed to the end user, a successful bid shows up with a status of Winning and a positive Quantity Won. However, unless the reserve price is met, there is no order created. This is an intentional feature of the bidding logic.
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Siebel eAuction Guide Published: 18 April 2003 |