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Net Auction

Platform : JAVA

Net Auction INTRODUCTION & OBJECTIVE ‘Net Auction’ is a web application which facilitates online auction. An auction is a sale in which a seller presents his product on a public platform/ forum. The selling price in an auction is determined by the bids made by interested buyers. The price they bid is based on their own valuation and need for the product. The product is sold to the highest bidder. A potential buyer participates by bidding on an item that a seller has listed. The person who has offered the highest bid at close of auction wins the right to purchase the item at that price. PURPOSE OF THE PROJECT Its purpose is to conduct auction through online. So that public can get registered and can sell Or buy the items what they want through online by participating in auction. EXISTING SYSTEM Auction is manual. Drawbacks: q Bidders need to attend the place of bidding. q Time taking process. q No possibility of automatic bidding. q Presence of bidder is compulsory. PROPOSED SYSTEM Online Auction Benefits: q Bidder can bid from any where through out the world. q Bidding can be either automatic or normal. q Facilitates flexible & easy bidding. q Immediate generation of reports on demand. This application has been divided into four modules 1. Buyer Module (customers module) 2. Seller Module (Non customer user module) 3. Admin Module 4. Advertising Module 5. Reports Module 1. Buyer Module: Bidding can be carried out automatically by enabling the automatic bidding feature. Automatic Bid features bids on a particular item for you up to the maximum amount that you have specified. This amount is the maximum amount that you, the buyer, are willing to pay for an item. It is kept confidential. To activate the Automatic Bid, just enter your maximum bid amount in the "Enter Automatic Bid amount" box and click on the "Bid Now" button. 2. Seller Module: Automatic Bid is an optional facility. If you activate Automatic Bid, you need not be online to bid for and win an item you desire. The system will bid for you if necessary by the specified bid increment amount to the limit of your Automatic Bid. Please note that the Automatic Bid system will only bid for you when you have been outbid or to meet the reserve price at the end of the auction. You will receive an email notification every time the Automatic Bid bids for you. To bid on a multiple items is considered to be a special auction where a seller has more than one quantity of the item he or she wants to sell/bid. The seller selects the starting bid amount and indicates how many of these items are available for the auction. An auction is a multiple auction or not can be known by checking the quantity box of the item. If there is number of quantities displayed is more than 1, then it is a MQA (Multiple Quantity Auction). 3. Admin Module: Admin module will control both buyer and seller modules and also they will maintain all reports regarding today’s expiry auctions and next day’s expiry auctions etc. 4. Advertising Module: By using this module the advertising agencies or the owner of the article can publish the advertisements. In the similar fashion these adds are viewable to the customers or bidders 5. Reports Module: By using this module user will get different types of reports like buyer and seller information and no. of. Transactions. SOFTWARE REQUIREMENTS: Operating System : Windows Technology : Java/j2ee (JDBC, Servlets, JSP) Web Technologies : Html, JavaScript, CSS Web Server : Tomcat Database : Oracle Software’s : J2SDK1.5, Tomcat 5.5, Oracle 9i HARDWARE REQUIREMENTS: Hardware requirements: Hardware : Pentium based systems with a minimum of P4 RAM : 256MB (minimum) Additional Tools: HTML Designing : Dream weaver Tool Development Tool kit : My Eclipse

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