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 Open Market Maker Introduction |
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| Introduction to Open Market Makers | LA deal Business Introduction | |
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| Find out how the Open Market Makers operate with LA Deal Prices | ||
| LA Deals l Lock-in Bids l Current Bids l Watch List l Open Market l Open Market Maker l Closed Deals l Active | ||
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How the basic business commerce cycle affects us all | |
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ComTechX overcomes the "age old" dilemma with Open Market Makers - OMMs | |
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The way forward with the "new age business person" | |
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The low prices of LA Deal Prices | |
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Products and services move to the Open Market | |
When a bid is won by an OMM for the bulk amount of products or services the items are immediately placed on the "Open Market" as individual items at the winning bid value just like the items would sit on the shelf in a retail store. This means that whatever the winning bid value is it's divided by the quantity and this is the LA Deal Price price only available for the local ComTechX members. The business is alerted immediately of the price per item and as all the items are locked into the ComTechX Platform the physical items or services are now marked at the LA Deal Price on the Open Market. Although the products or services can be listed by businesses in a different country the OMM can be located anywhere in the world, even in the same city, which can allow the OMM to be a local customer who can buy the single items prior to the release on the Open Market after the bidding. As part of the bidding process of the LA Deal Prices there are several features that provide added bonuses to those that don't win the deals, these bonuses are various KML Credits awarded at several of the Stage Calls that a bidder reaches as well as Gold Passes are awarded for reaching various Calls. This gives the OMM who is able to receive the product or service a 24 hour window for only Gold Pass holders to buy the item at the LA Deal Price. It means that the OMM may have been one of the bidders or may just be in the local area where the product or service can be picked up or delivered, therefore they can use an option to buy the item at the LA deal price at the end of the bidding and prior to the items being released to the Open Market. The value gained by buying just one or two products or services that a bidder would normally have purchased can make a significant difference on a family budget. To provide more scope for the OMM and for businesses the OMM can bid for single items anywhere in the world along with other local ComTechX members, the OMM will not receive the item but earns 45% over the winning bid less 2.5% LAT (Location Activity Tax) on the winning bid value just as with the bulk deals, and the item is again placed on the Open Market at the winning bid value and sold to any local Gold Pass holder or to any local ComTechX member. |
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Summary | |
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Register as an Open Market Maker | |
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