phpAuction following latest market trend: penny auction

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 15, 2010 -- Following latest market trends to satisfy customers and users, phpAuction adds to enuuk Auction platform the penny auction as a standard feature.

This new modules allow our users extend its operations and business model with penny auctions and be the leader on their segment.

And what is a penny auction?

Users buy “bids” in advance in packs. Bidders have the choice of placing single bids, or, using an autobid assistant. Every bid placed, increases the price of the product by a fix amount –usually a penny-. The ‘last bidder standing’ when the countdown reaches zero, wins the auction.

You can check the product information page at:
http://www.phpauction.net/products/enuuk-auction-platform

Online demos
http://www.phpauction.net/enuuk-auction-platform/offer/wanted/7
http://www.phpauction.net/enuuk-auction-platform/admin/offers/types

“enuuk platform allows our users to worry about what is important for them, their business, not the software.”

About phpAuction

phpAuction is the unprecedented and definitive one-stop shop for building independent online auction business. Started as a personal project at 1997. After more than a decade of development, our solution covers the realm of today’s e-commerce business.

Contact:
Lorena Martinez Mier
Manager, Public Relations
phpAuction
lorena@phpauction.net