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Configuring lot bonuses and maluses online

  • Updated
Figure 1. Edit bonus/malus view
  1. Search: Use the Search field to search lots. The list of lots updates as you type.
  2. Pagination controls: This area lists the lot number range you are currently viewing. Click the number range to edit the number of displayed lots or to jump to a page. Use the Left arrow and Right arrow icons to navigate to other lot pages.
  3. Lots overview: This table displays the bonus or malus configured for each lot.
  4. Configuration dropdown: This dropdown opens when you click an Edit icon in a lot row.

To configure lot bonuses or maluses online, complete the following steps:

  1. Go to Invite > Bidders.
  2. Click the Bonus/malus tab.
  3. In the Bidders overview area, click Edit in the bidder row you want to configure lot bonuses or maluses for. The Edit bonus/malus view opens.
  4. Click the Edit icon in the lot row you want to configure the bonus or malus for.
    • Use the % bonus/malus column to apply the adjustment as a percentage of the bid.
    • Use the Turnover bonus/malus column to apply the adjustment as a fixed value to the bid.
  5. Configure the bonus or malus.
    • To apply a bonus to the lot, which lowers the bid, enter a positive number.
    • To apply a malus to the lot, which raises the bid, enter a negative number.
  6. Click Save.