red2: Service driven development
red2: Service driven development
red2: Service driven development

Red2 - leaders in the development & deployment of online auction solutions

Online auction systems for all types of businesses

The red2 auction platform leads the industry in performance, customisation, functionality and ease of administration. The platform offers the features, built-in best practices and flexibility required by leading organisations with desire to drive competitive, engaging, auction experiences. The red2 auction platform comprises of powerful auction software; highly reliable, scalable IT infrastructure, and the ability to easily integrate third parties or custom-built features. Red2’s auction solution engages with end users, and effortlessly integrates with your existing business.

Capability Overview

Red2 Auction is a framework (i.e. a technical baseline) from which auction developments are built, it’s easier to think of this as the starting point for any development. We are often asked what the features of our platform are, there are some key features by industry sector, but the framework has capabilities.

red2 auction capabilities

The Auction Framework has the rules and business logic for different auction models. This bottom tier deals with the physical implementation, for example, recording bids, extending auctions and so on. When exposing an Auction via the internet the user interface drives the experience. Whilst bids are recorded but the platform, these needs to be displayed updated and validated on the web page itself. Therefore a capability is something which Red2 Auction supports, but requires development to expose this online. In some instances Capabilities can be exposed as Features in a relatively straight forward manner, in others where, for example, a bidder must be invited, or have a credit limit, this capability requires work to enable the feature.

Types of auction supported

  • Forward (English) Auction
  • Blind bid auction (Forward and Reverse)
  • Reverse Auction
  • Live Auctions
  • Dutch Auction
  • Japanese Auction
  • Handshake Auction
  • Lowest Unique Bid Auction
  • Penny Bids
  • Candle Auctions
  • Seat Auctions
  • Multiple Round and segmented Lot

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Auctionv2, an auction system for serious business
Auctions for business

Red2 Auction is used for a variety of B2C, C2C and B2B applications worldwide. If you have a serious auction business; high value, high transaction, or niche requirement, then Red2 Auction is the right product for you. Automotive, energy, financial, commodity, procurement, capacity, public sector and other types are all supported.

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Red2 Auction

Red2 Auction is the world leader in customised auction solutions. We have been creating auction software for the past 10 years. We have helped build many businesses, each with their specific auction model and set of requirements. And we have made it our business to develop bespoke systems that deliver to your objectives, whilst running in a robust, stable, tried and tested platform.

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Red2 Auction
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