Introduction Current Scenario Proposed Solution Block Diagram Implementation Technology Hardware & Software Benefits Conclusion

The word "auction" is derived from the Latin augeō which means "I increase" or "I augment“ Auction - process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Online Auction System – Auction over the internet Online Auction - Anyone, Anywhere, Anytime

Public Auction - participation of the general public is very limited. "OPEN Auction House“ managed manually Prior to each auction, the day of auction, the venue and the items on auction are announced through news media. Geographical boundaries Time constraints Manually keeping records of both buyers and sellers until the end of settlement. Very cumbersome and time consuming process.

Online Auction System – auction over the internet Sellers from any part of the world can meet the buyers Sellers and Buyers have to register themselves on website. Sellers can promote their products and can specify start bid amount, bid end date etc. Buyers can browse through all the products and can bid for one or more products Buyers who bid the highest will be considered as owner of the product. Overcomes geographical boundaries, location and time constraints.

Online Auction System Online Auction System Database SellerBuyer

Online Auction System will be implemented as website ( Three modules Seller Buyer Admin Seller can add new products for bidding Buyer can bid for the products Admin can add new categories, brands and for other administrative activities

Following technologies will be used in implementing Online Auction System : HTML – for formatting of webpage CSS – for designing of webpage JavaScript – for client side validation PHP – for server side scripting MySQL – for Database Jquery – for special effects (displaying images)

Hardware Pentium Core2Duo or above Processor 2GB RAM 320GB HDD Ethernet Port Software Windows 2000/Windows XP/Windows Vista/ Windows 7 Macromedia Dreamweaver WAMP – (for running PHP files)

No geographical boundaries Cost Reduction Cost efficient More bidders Encouragement to sellers

Online Auction System will give new approach and dimension to auction system It will encourage both Buyers and Sellers to participate in auction process Removes geographical boundaries, location constraint and time constraint Transparent process No manual work