Best of all, such a system automates many business accounting, reporting and marketing functions. The Blowout Center auctions name brand consumer products that manufacturers desire to liquidate at the best market price. The concept eliminates the middleman. Gone are the distribution centers and the thousands of retail stores that must charge a large markup to cover their overhead. The key to using customers and other high traffic web businesses as marketing partners is to employ a fool proof tracking and reporting system.
Members advertise their unique link to the auction.
Anytime in the future the person or company they referred places a winning bid the person who referred them and the one before them, both, get e-mails advising them that they have earned a sales commission. The excitement generated both by the auction format and the steady flow of commission notifications is enormous and no doubt is an important part of the success of this Internet business. For example, real time inventory tracking shows the bidder the exact quantity of a product still unsold. Another mechanism instantly tells the bidder whether or not their bid is acceptable. This particular auction rates bids based on highest bid price AND highest quantity being ordered.