Online Auction Development
The very first auctions in history go back to ancient Babylon, where brides were “sold” to the highest bidder. Later, the Roman Empire used auctions to trade slaves and military equipment. In medieval Europe, auctions were mainly used for real estate. The 19th century saw the rise of the first official auction houses, and by the late 20th century, the internet brought us the very first online-auction platforms, making global bidding accessible to anyone.
Today, online auctions development is one of the fastest-growing segments of e-commerce. In 2024, the global online auction market exceeded $35 billion. At Astudio, we specialize in auction website development, offering turnkey solutions with a guaranteed minimum of five years of reliable performance.
Online auctions are no longer limited to antiques or artwork. They now cover multiple industries, including automobiles, luxury jewelry, rare gemstones, real estate, and even digital assets such as NFTs.
Why custom auction development matters?
Building an online auction platform is one of the most technically challenging areas of web development. Unlike cookie-cutter CMS platforms or ready-made scripts, our team creates custom auction websites from the ground up. Astudio has successfully delivered or contributed to online-auction projects in diverse sectors:
- Pre-sale auctions for agricultural products
- Diamond auctions using both English and Dutch models
- Time-limited auto auctions
- Private auctions for commodity exchanges
- Art and antique auctions
- Banking system modules with auction functionality
- B2B tender platforms with reverse auction mechanics.
How do online auctions work?
The auction websites we build at Astudio fall into several primary categories, each with its own unique features:
- English Auction (Classic Model)
The most common format, popularized by eBay. The highest bidder wins before the auction deadline. Extra features may include pre-sale phases or flash auctions lasting just minutes.
Industries: real estate, antiques, cars, luxury gems.
- Dutch Auction (Price Decreasing Model)
The price drops step by step until a buyer accepts it.
Industries: agriculture, perishable goods, wholesale produce.
- Reverse Auction (B2B Tendering)
The buyer announces demand, while sellers compete to offer the lowest price.
Industries: government procurement, corporate B2B tenders.
- Scandinavian / Penny Auction (Bidding Fee Auction)
Each bid requires a fee and raises the lot price slightly. The platform profits from bid fees, while buyers often secure products below market price.
Industries: electronics, smartphones, gold, event tickets.
Thanks to advanced programming, every auction type can be enhanced with gamification elements, custom features, and innovative marketing tools. The final functionality depends on the business model, budget, and the creative vision behind the project.
Contact the Astudio team, get professional advice and a reasonable commercial offer.
How much does auctions development cost?
From 52,000$
If you are looking for auction website developers in Armenia who can deliver a secure, scalable, and custom-built platform, Astudio IT Company is your partner. Pricing is calculated based on business requirements, auction type, user features, and long-term support needs.
Here’s what’s included in a typical auction website development package:
- Custom design & branding – UI/UX created from scratch, including responsive layouts for all devices. A typical auction website involves 50–60 unique design screens.
- Frontend programming – clean, optimized code built by senior and mid-level developers over 3–4 months.
- Backend programming – the core of the auction. A professional auction backend developer team builds the CMS, admin panel, and user features, usually requiring 10+ months of dedicated work.
- Integrations & testing – database modules, API connections, QA testing, and bug fixing take an additional 2 months.
When calculating project cost, we consider direct development hours, project management, QA, hidden overhead, and long-term support. Every quote reflects not just human resources but also operational expenses and the guaranteed reliability of our solutions.
Whether you’re planning to launch an NFT marketplace, a real estate auction, or a B2B tender portal, Astudio provides online-auctions custom programming tailored to your business model.