Monday, July 3, 2023

            

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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