I am looking to have an ebay like site developed. This includes programming and design of the complete website. Only difference should be that it will be a reverse auction site instead of a forward auction like ebay.
Buyers will post what they want to buy and what they are willing ti pay for it. vendors will then bid for that item. So basically, a new bid will drive the price lower.
Everything else remains the same as ebay. We will not require an "ebay store" feature as it is not relevant for this type of auction.