Kyozou has launched Kyozou Auctions, a fully featured auction platform that allows online retailers to launch their own private auction site. The service is fully integrated with Kyozou's online sales management solution and buyers can bid on auctions directly from merchants' own ecommerce websites.
Kyozou said its auction platform includes most functionality found on third-party auction websites, such as multiple auction formats, live auction clocks, analytics tracking and email marketing capabilities. Kyozou can also customize the platform functionality for merchants.
The company said auctions increase buyer involvement, leading to repeat traffic and higher conversion rates. Merchants can encourage buyers to sign up before bidding, increasing their customer base. The platform is also an ideal channel for excess inventory for bulk or private auctions.
http://www.kyozou.com/auctions.asp