Buy Now price

ℹ️ What is Buy Now price?

The Buy Now price lets a customer instantly win an auction by paying a fixed price, without waiting for the auction to end.

It’s useful when you want to offer bidders a fast purchase option while still running an auction.

When a customer chooses the Buy Now price:

• The auction ends immediately
• That customer becomes the winner
• Other bidders can no longer place bids

🛠️ Set up Buy now price

In the Auction you are creating/ editing > find Additional options

• Turn on the Buy now price option
• Enter the price amount
• Tick on the checkbox Allow bidders to buy immediately without bidding (optional)
• Click save after making changes

What Customers See on the Storefront

When a Buy now price is enabled:

• Customers see both:
  • Current bid
  • Buy now price
• Customers can choose to:
  • Keep bidding, or
  • Pay the Buy now price to win immediately

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✅ How it works

• You set a Buy now price when creating the auction
• The auction starts and customers place bids
• A customer clicks Buy now (or equivalent button)
• If someone clicks it and completes the checkout:
  • The auction will end immediately.
  • The product will be sold to that customer at the Buy now price.
  • Other bidders will no longer be able to place bids.

Example:

Auction settings

• Starting price: $100
• Bid increment: $10
• Buy now price: $300

Bidding flow

• Current bid reaches $180
• A customer clicks Buy now $300

Result

• Auction ends immediately
• Customer wins the auction for $300
• No further bids are allowed

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🙋 Still need support?

If you still need help, please feel free to contact us at hi@tipo.io. We’ll be happy to assist you further.