Vinfolio Blog

 
3
Sep
2009

Bid Fulfillment using “Multiple Purchases” minimizes impact of bottle inspection failures

by Jay Moore
Categories: Marketplace

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:

  1. “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).  
  2. “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.  

 






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