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Internal bid fee
A $2.00 fee per 1000yen difference between the closing price and the second Japamart member's bid price.
In rare cases, multiple Japamart members bid on the same auction. In these cases, our system can help you to save money. Let's think about the following situation.
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Auction started at : 2,000 yen
Japamart member A bid : 8,000yen
Japamart member B bid : 10,000yen
Auction ended |
How much do you calculate the closing price? Normally, the YHJ closing price is expected to be 8100 yen. But the fact is just only 2,000 yen!!
This puzzling phenomenon results from the fact that our members bid on the auction using same YHJ ID. We can show you two more examples below. One is the normal auction and the other is the case that two Japamart members bid on the same auction.
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| Start price |
1,500 yen |
| Other bidder bids |
6,000 yen |
| Our member A bids |
8,000 yen |
| Closing price |
6,100 yen($58.10) |
| Difference |
None |
| Internal bid fee |
None |
| Subtotal |
$58.10 |
($1.00=105yen ) |
Example2
Two members bid on the same auction
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| Start price |
1,500 yen |
| Our member B bids |
6,000 yen |
| Our member A bids |
8,000 yen |
| Closing price |
1,500 yen($14.28) |
| Difference |
4,500 yen |
| Internal bid fee |
$10.00 |
| Subtotal |
$24.28
(=14.28+10.00) |
($1.00=105yen ) |
Please compare the Subtotal between the two cases. In the Example2, although we charge the member $10.00 internal bid fee, member A can save $33.82 (=58.10-24.28). |
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