Enabling the marketplace
The marketplace is off by default. To turn it on:- Go to Settings > Marketplace
- Toggle Enable Marketplace on
Configuring segments for the marketplace
Enabling the marketplace at the account level is just the first step. You also need to enable it for each segment that should participate.- Navigate to a segment’s view page
- Click the Marketplace tab
- Toggle the marketplace on for that segment
| Setting | What it does |
|---|---|
| First price | Where the auction starts—the highest price customers will see |
| Last price | Where the auction ends—the floor price before the lead expires or posts out |
| Increment | How much the price drops each time |
| Interval | How often the price drops |
How reverse auctions work
When a lead enters the marketplace, a countdown begins. The lead starts at your first price and drops by the increment every interval until it either sells or hits the last price. This creates urgency without requiring customers to actively bid against each other. They can either:- Buy now at the current price
- Wait and hope the price drops before someone else grabs it
What customers see
The marketplace intentionally shows limited information about each lead—just enough to make a purchasing decision without enabling cherry-picking:- County — Where the lead originated
- Lead type — What kind of lead it is
- Time received — How long ago the lead came in
- Time remaining — When the auction ends
- Current price — What they’d pay if they buy right now
- Next price — What the price will drop to, and when
- Floor — The lowest the price will go
Buy orders
Sometimes customers don’t want to babysit the marketplace waiting for a good price. Buy orders let them set it and forget it. A buy order says: “I’ll pay up to $X for this lead. If the price drops to my number, buy it automatically.” Here’s how it works:- Customer places a buy order at their target price
- The buy order amount is held from their wallet immediately
- If the auction price reaches their buy order, they win the lead
- If someone else buys the lead first, or places a higher buy order, the hold is released
Competing buy orders
When a customer places a buy order, it effectively raises the floor for that lead. The floor badge color tells you exactly where you stand:| Floor color | What it means |
|---|---|
| Gray | No buy orders on this lead |
| Blue | Someone else has a buy order, but you don’t |
| Green | You have the leading buy order |
| Red | You have a buy order, but someone else is winning |
- Increase their buy order to stay competitive
- Cancel and get their held funds back

