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Fixed Price Lots
What Are Fixed Price Lots?
WineCommune permits sellers with feedback ratings of 5 or higher to post Fixed Price Lots. In a fixed price lot, the seller offers wine for a specific price. The lot appears within WineCommune's regular listings. A buyer can then review the lot and buy the wine at the price offered. A fixed price lot is not an auction. The buyer only has the choice to accept the price the seller has posted or not buy the wine.
One important benefit, is that a seller can offer multiple quantities of the same wine, which can be sold to various buyers. For example, if a seller offers 5 bottles of a particular wine, if one buyer takes one bottle, the lot remains open, but with only 4 bottles remaining. The lot will close at the designated closing time or when all of the available quantity of the wine has been bought.
In a fixed price lot, neither the buyer nor the seller has to wait for the lot to close. Once the buyer buys a lot from a fixed price auction, both the seller and buyer receive an email notice of the transaction. You can close the deal immediately without having to wait for the full duration of a normal auction.
Buying Fixed Price Lots
A fixed price allows buyers to immediately buy the item for sale. It is not an auction. When you buy a fixed price lot, you are buying the item described at the price listed.
Buying a fixed price lot is simple. Scroll to the bottom of the lot page to the "Buy this Item" box. Review the price being charged and select the quantity you want (if more than 1 is available). Select the Buy It! button. You will be asked to login and confirm your purchase.
Once you have bought an item, both you and the seller will receive an email confirmation of the transaction. You should contact the seller within 3 business days to complete the deal.
Getting Started – How to Post Your
Wine for Sale in a Fixed Price Lot
To prepare for your auction, you’ll need to gather the
following information about your wine listing:
Your Item Description
Be as descriptive as possible to market your wine: The name
of the wine, year/vintage; details about the flavor and body of the wine; nose
and aroma; age, condition of bottle and label, etc., and how the bottle(s) has
been stored, are all very helpful in describing the condition and appeal
of the product you are selling. If you have any history on the wine or ratings
it has received, these are also useful in communicating the value of your wine
to the buyer.
The URL or Web Site Address to Photos of the
Wine
It is a very good idea to provide a picture of your wine along with
the description. A clear, easily viewable image of the wine bottle and label are
an added bonus in providing proof of the condition of the wine. For a complete
tutorial on how to attach a
photo of your wineto an auction, click
here.
The Category You’ll List Under
All wines for auction should be
listed under the appropriate category on WineCommune. For a complete listing of
available categories, go to the ‘Browse Auctions by Category’ pull-down menu on
the right hand column of the WineCommune home page. Or, click on the
Browse tab at the top of any WineCommune page.
Posting Your Wine for Sale
To post your fixed price item, go to the Post a Lot form, accessible from
the ‘Post a Lot’ link located along the left hand column of any WineCommune’s
page. Then select the FIXED PRICE LOT tab. You will be taken to the POST form.
Click Here for Detailed Information on How to Fill in the ‘Post Fixed Price Lot’ Form
Search for Your Lot, Once Created
To see your lot posted after you have submitted it to listing, enter your auction’s ‘Lot Number’ in the “Lot Number Search’ box located within the left hand column on any WineCommune page. Or, simply go to the category where
you have listed your item and browse for it.
Monitor Your Personal Activity on MyWC
Once you’ve registered with WineCommune, and set up a username and password, your own personal
MyWC Page
will be
created for you to help you modify and keep track of personal information. To
access your own personal ‘MyWC’ page, click on the ‘MyWC’ tab located at the
top page of WineCommune. You will be asked for your username and password for
secure access. Once inside, your MyWC page lets you keep track of your lots
posted, current bids, broker requests, watches and notifications, the feedback
posted on you by other buyers or sellers as you conduct business, manage your account,
change or modify your personal information, and set personal preferences.
When Your Auction Closes – What to do
When your fixed price lot closes or has a buyer, WineCommune will notify you via email of the winning buyer(s). It is a WineCommune policy that you contact your winning buyers within three business days. Use the email adderss provided by the buyer to make contact. You will want to confirm the final cost with your bidder, including any shipping charges, and instruct them where to send payment. When the bidder meets your payment terms, you fulfill your end of the agreement by sending them your item.
Transaction Fees – For Sellers Only
Buying is 100% free on WineCommune. There are never any listing fees, unless the promotional auction options are chosen. Sellers are charged a commission on all successful auctions. Review the fees for posting lots here.
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