Traditional way of doing auction is still popular but due to its limitations more and more people are thinking of shifting online.
An auction is a 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. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
Tools Required :
Xampp : is an easy to install Apache distribution containing MySQL, PHP and Perl. XAMPP is really very easy to install and to use – just download, extract and start.
Open Source Projects :
Web Auction : Web Auction is a simple auction designed for organizations or individuals who want to hold an auction. It is not like Ebay in the sense that only admins can add products. Products can have pictures, price, minimum bids, bid imcrements, and more.
A Shop :An advanced but user friendly PHP/MySQL based shopping cart system with support for selling digital products, physical products and access to protected membership areas of a website.