I need to create an auction where the prices start low and increase over time. Which type should I choose?

I should choose an English Auction or Forward Auction.

• A Forward Auction is an auction where bids start low and get higher, with the highest bid winning the item
• Sellers often use this type of auction to sell extra inventory or things they no longer need
• The bidding starts at a minimum price, and it goes on until no one is willing to offer more
• The person who bids the most gets the item

• Help Portal Page Managing Events with Guided Sourcing - About Forward Auctions
• 3314249 - Where are the English Forward Auction or Dutch Forward Auction templates in Guided Sourcing?

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