“A Dutch auction is a price discovery process in which the auctioneer starts with the highest asking price and lowers it until it reaches a price level where the bids received will cover the entire offer quantity. Alternatively, a Dutch auction is known as a descending price auction or a uniform price auction”
Would it be possible to add a feature to the wix online store? Set a price that decreases over time. For example, the price of a product decreases every day at a certain time. And you could set the highest price and the lowest price.
@JanneP Great! Ok, that makes sense it’s used a lot in European auction sites. It’s good you requested it. I’m sure there are others who have wanted this.