Bidding is inherently a form of game with
tangible rewards that has become as important as shopping and eCommerce. This
software makes it easy for agencies to build auction campaigns. This form of
human interaction is one of the most interactive and often more fulfilling than
video games and rewards points by virtue of the products sold. In fact, the
revenue from the proceeds of an auction and the benefits of an ecosystem around
a software offering are as significant as eCommerce with the exception that
shopping is inherently personal, and bidding is inherently social. Bidding is
widely recognized as a significant contributor to increasing morale for
employees of an organization as well as for individual shoppers to find
alternatives that are not usually covered by seller platforms. Also, products
can be sourced to appeal to demographics targeted by the software. Bids have
been another factor in improving customer endearment and loyalty. This article
explores how a platform can bring the best practices of cloud solutions to the
bidding industry to make it more local and organic with the facility to making
it more interesting. The technical solution involves a cloud-based
solution comprising of publishers and subscribers, a ledger and set of routines
to promote programmability, scripting, and user interface.
Most
software makers are focused on trying to lead the market and improve the value
offerings of their products to businesses and individuals. Bid point
accumulation and redeeming services in favor of purchases are delegated to
companies that develop and integrate these services for organizations and their
employees. Unlike reward points for loyalty, auctions are more engaging and
more satisfying than redeeming or shopping with reward points. The bid points
can also be offered as products for purchases or bidding. Commercial
applications for bidding are not a new concept as demonstrated by features of
ECommerce companies and dedicated applications like DealDash but taking the
concept to small and medium businesses or the common person directly, is
realized by virtue of repeatable infrastructure or multitenant solutions and
that is the objective of this proposal. They are not required to use a specific
product and their usage of that product is not collected to determine their bid
point grants. The market is full of companies that excel in certain segments of
the order and fulfilment of reward points or provide digital redeeming
services, but none focus on developing a software development kit that can
integrate with businesses and organizations to engage their employees,
customers, and end-users. The development of a technical solution and its
branding provide immense opportunities for revenue generation.
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