This article describes the process for creating an increment table and applying it to an auction in Wavebid.
This article contains the following sections;
Creating an Increment Table
Wavebid allows users to create custom increment tables to be exported to other marketplaces. An increment table must be created at the account-level before it can be applied to an auction.
- Navigate to My Links > Company > Accounting Settings > Bid Increments.
- Enter a Name and Description for the increment table.
- To edit an existing increment table, select it from the Select to Edit drop-down at the top of the page.
- Enter the first starting bid amount into the From field and enter the increment into the Bid Increment field.
- Click the Add link to add another row to the table.
- To remove an increment, click the X icon to the right of the row.
- Continue entering each increment until the table is complete.
- In the example below, if the current bid is currently between $0 and $99.99, the bid increment will be $5.00. If the current bid is currently between $100.00 and $499.99, the bid increment will increase to $25.00, and so forth.
- In the example below, if the current bid is currently between $0 and $99.99, the bid increment will be $5.00. If the current bid is currently between $100.00 and $499.99, the bid increment will increase to $25.00, and so forth.
- Click the Save button in the top right corner of the page to save the table.
Applying an Increment Table
Once an increment table has been created, it can be applied to an auction. Please note that increment tables will not export to Proxibid. Increment tables will only export to BidSpotter via the Wavebid to GAP Integration.
- Navigate to the auction from the Dashboard, then select Auction > Edit Settings.
- Click on the Accounting tab.
- Use the Bid Increment drop-down on the right side of the page to select the increment table.
- This field will only be visible if at least one increment table has been created at the account-level.
- This field will only be visible if at least one increment table has been created at the account-level.
- Click the Disk icon in the top right corner of the page to save the changes.
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