Operate > WebSphere Commerce Accelerator > Work with auctions
Auction types
WebSphere Commerce supports open cry, sealed bid, and dutch auctions.
- Open Cry auctions
- In Open Cry auctions, all bids are available for public viewing; each participant knows the other bids submitted.
- Sealed Bid auctions
- Sealed Bid auctions allow participants to submit a bid that is seen only by the auction administrator. You set a submission deadline, and no bid received after that time is accepted. The bidder does not know the other bids submitted.
- Dutch auctions
- Dutch auctions do not require bidders to set the initial bid price. Instead, the user creating the auction announces a price and ask if any participants will accept it. Typically, the auction starts with a high bid price that is reduced over time until bidders have cleared the inventory.
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