This code package helps you set up an exact set of functionalities available with the original Soopo.com.
Swoopo is a bidding fee auction site where purchased credits must be used to make bids. These sites are also called a penny auction. What is usually required at these sites is that participants must pay a non-refundable fee to place a small incremental bid. When the bidding window closes, the last participant to have placed a bid wins the item and also pays the final bid price, which is usually significantly lower than the retail price of the item. Because most bidders will receive nothing in return for their paid bids, some observers have stated that the fee spent on the bid is actually equivalent to a bet in the casino. The auctioneer receives income both in the form of the fees collected for each bid and in the form of payment for the winning bid. Using the so called LAMP technology that uses, Linux, Apache server, MySQL database and PHP, this creates a site that mimics the functionality of a Swoopo site.
So if you are about to create a site like that and want to get operational quickly without investing in the development time and cost, then this is the software for you. Like the original Swoopo it has the main features like Live auction, Pay Per Bid, Lowest Unique Bid, SMS, Bidding, Bid Butler, Automatic bidding, Penny Auction Bids and powerful CMS based admin panel implemented. Product management related management functions, user management, bid pack management, shipment management for winning bidders, managing auctions, managing affiliate network etc. are some of the other feature highlights. For a quick start on this specific type of auctions, this is the package for you.