More and more customers are interested in online auctions as they can buy a rare item at a proper price. In other words, auctioning is a terrific means of customer acquisition. Hence, Magestore has released Auction extension for Magento that offers the capability for web-store owners to create and run online auctions. Magento Auction extension enables to conduct online auction, allowing customers to bid for products. Run auction for a product Run many auctions at the same time “Going, going and gone” feature Reserved price and Auto bid