We’ve already written about the new Bid Fulfillment feature that we’ve deployed on the Vinfolio Marketplace. It’s a great new feature that is a required parameter of a bid which specifies whether the Bid Quantity sought may be achieved through multiple purchases. It essentially enables multiple sellers to accept part or all of a bid up to the maximum quantity specified.
Different treatment of bottles failing inspection
When one or more bottles in a transaction fail our Inspection Guidelines, the transaction is processed differently based on what Bid Fulfillment choice was specified:
- “Single purchase” - In the past, or if the “single purchase” option is selected today, a single bottle failing inspection would cause the entire transaction to be cancelled (including acceptable bottles).
- “Multiple purchases” – Today, using the “multiple purchases” option, only the single bottle that fails would be affected. This is a significant improvement to both bidder and seller, as they will only have individual bottle exceptions to the total transaction.