You’ve probably already heard the famous quote by Benjamin Franklin:

“The only things certain in life are death and taxes”

On this bombshell, we decided we better introduce some taxation controls into our web auction software, TM Auctions.  From the seller settings page, sellers can now choose whether to apply tax to buyers in the same country, and enter the applicable percentage rate. The tax component will then be added onto the order value.

This new feature will work nicely with the vast majority of international taxation systems such as VAT and GST.

TM Auctions now supports bulk shipping discounts that can be set by the seller.

The discounts can be set either on the order quantity or order total. In other words, if the order total is greater than $x, the seller can have a fixed shipping cost of $y -  OR -  if the number of items in the order is greater than x items, the shipping cost can be fixed to $y.

This is a big advantage particularly for high volume sellers who wish to offer their loyal customers a shipping incentive.

Thomas Multimedia is pleased to announce the official launch of our web auction software, TM Auctions.

Why did I build TM Auctions? Because their is an abysmal lack of easy to use auction software for every day business. It seems like everyone else is focused on feature on top of feature, slapping on a price tag and mass releasing their software, and leaving it to their customers to figure out the rest.

I thought to myself – why not offer web auction software as a service? What this means is that Thomas Multimedia takes care of the technical aspects – hosting, server maintanence, scaling issues – while the auction site owner can focus on what matters to them, building up an online auction community.

Besides the lack of availability of a true auction website service, I think i’m not alone in thinking online auctions are alot of fun. It’s a win-win for the buyer and seller. The buyer bids only as much as they want to bid, potentially saving big bucks compared to traditional retail buying, while the seller sets a minimum acceptable selling price with the potential for a bidding war and healthy profitibaility from the sale.

Our product is designed with a wealth of auction site production experience to learn from. We figured people really like to use web software that is easy to use and does the things an auction site should do, without bloating the whole process with a million seldom used functions, and buttons left right and center. As well as being able to customize your TM Auctions auction site design however you like, you can also have us customize it in all sorts of ways for you.

Sounds great – but what about the pricing? TM Auctions removes the big barrier… Read more

Here is a target – at least one blog post per week on the Thomas Multimedia news site starting today, Tuesday 17th March.

Unfortunately our business blog has been gathering cobwebs for a while now, and its really time to keep our customers up-to-date!