12-11-2014, 09:41 AM
Abstracts: An auction is a process of buying or selling services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. ? Home Page - The site opens up door to aspiring web users through the Home page. The Home page is designed in such way that the layout is as user friendly as possible. There is a navigational menu at the top of the page which links to various inner pages. There is a category drop down on the left side for easy manipulation. The center area is for displaying latest products in the chorological order. ? Login/User Registration - Those who wish to take part in bidding or sell products at the site have to register at the site as seller or buyer. Only authenticated users can take part in selling or in bidding. The system automatically rejects un-authenticated users who try to bid or sell at the site. ? Register Products - This module is for presenting items for bidding. Only those who have registered and authenticated as sellers can place their articles for bidding. The Module collects information like Product Name, Product Details, Starting Bid amount, Incremental value etc. The system automatically inputs the closing date. ? Bidding Module - The module is for bidding on any selected item. The bidder has to authenticate before participating in bidding. The system checks whether the incremental amount entered by the bidder is equal or more than the incremental minimum set during the product registration time. The system places the record in the bid history against the bidder account. ? WebAdmin - This link opens to the administration module which is open to web administrator only. Here site administrator can add product categories and can edit product information like closing date. Also there is an option for administering the closed bids. This module is for contacting the bidder and seller by email instructing them to settle the transaction within a time frame.