Markdowns show savings in item view
Sellers are able to temporarily reduce the prices of items. The reduction lasts for 7 days.
When a potential buyer is viewing the marked down item, the site shows the original price with a line through it and the reduced price next to it. Showing the savings in real time to increase the drive of the buy.
Batch edit price reductions in seconds
Sellers implement the process in Bonanzle's batch edit tool. The process takes seconds and can be done on multiple items at one time.
With Cyber Monday right around the corner the implementation is definitely a very timely one. This implementation comes at the same time as the gift guides.
Bonanzle is obviously taking this holiday shopping season very seriously and making positive changes to position itself for maximum exposure.