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Bidding provides the monetization of products - OMMs don't buy the item - OMMs earn a share of the final Buying Prices

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Before starting, a few pointers in how to set up a Bid Strategy.

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The Tour displays 'snap shots' taken along the 5 Call process!
 
With QwickFlip any Used item big or small, regardless of 'where', it can still be sold.

If it's not at a 'fair price' the Crowd will work it out!
 

Hide All                        Call Strategy                        Lead Up Time Strategy                        Lead Up Strategy - Multi Auto Deals
Product Stage Call Opening Call          l First Call            l Second Call         l Third Call            l Final Call
Ticket 01:10:25 1 $5.00  $5.00    $3.00  $0.00    $2.00  $0.00    $1.00  $0.00    $0.10  $0.00 
Time Lapse 70 272   $680.00  180   $467.50  225   $562.50  187   $467.50  155   $387.50 
$16,990.00          
$2,552.50 Total # of   $2.50  FEV Tokens allocated in your strategy is : 1019 / 1019 Cloudfunds Confirm
Cloudfund strategy changes can be made prior to an Opening Call by updating the fields and clicking 'Confirm Change' button
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2012 Ford Focus Titanium QwickFlip Deal:  LAC-H89FHW-934NMEE-UJW
     
Opening Call Start:    01 Jan 2017   l   12:00:00 PM Lead Up Time Check In
Arrow left  Arrow right $5.00 Registration Bid
01 : 10 : 25 Time lapsed
Waiting Opening Call
Options :  
Deal Is Live
1   $5.00            
272 0 $0.00            
Strategy Total:    $2,552.50
No Bid
  Your Location
  Listed 'Fair' Price : $16,990.00 * $16,990.00
  Deal Quantity : 1  
  QwickFlip Deal : $3,398.00 * Maximum Deal Price *
  Cloudfunds : * $2,547.50 * Max 75% ( of Deal Price )
  Condition : Used 47,000 KM
Sams Used Cars Sams Used Cars Sams Used Cars   Product Code : #
  Being sold by : Sams Used Cars
  Location for Pickup : Your Location
  Payment Method : Quik-Fill logo  QwickP2P
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* The QwickBid Prices are the low 20% prices set by OMMs that the final buyers try to reach as the Buying Prices cascade down.
-  this 20% Bidding Price includes the maximum Cloudfunds that can be allocated and 'spent' during the bidding for any Deal.

When a QwickBid Deal is won, the winning Bidder receives their winning Bid and an additional 60% bonus all in UDC.

Once the monetization is completed, the Deal is released at the full Selling Prices for Buyers to compete for with Price Demand
 -  this means the first Buyer to accept a Buying Price as it cascades down towards the winning Bid price, wins the Deal.

The final Buying Price paid is the aggregate demand payments that get distributed to the Bidders who helped the monetization.
Building Block Deals are collected and added to a Buyer's Buying Price when trying to win a deal with Price Demand.
  Description:

2012 Ford Focus Titanium

Vehicle 2012 FORD FOCUS TITANIUM
Price $16,990 * Drive Away No More to Pay
Kilometers 47,859
Body 4 door 5 seat SEDAN
Colour Satin White
Transmission 5 speed Manual
Drive type Front
Engine 4 cylinder Unleaded Multi-point injected
Reg Plate
Reg Expiry 2012-04-14
VIN
Stock # 807848
Comments We are open 6 days a week.
   
Vehicle Features :
  • 16In Alloy Wheels
  • 4 Speaker Stereo
  • Abs (Antilock Brakes)
  • Adjustable Steering Col. - Tilt & Reach
  • Airconditioning
  • Air Conditioning - Rear
  • Airbag - Driver
  • Airbag - Passenger
  • Airbags - Side For 1St Row Occupants (Front)
  • Alarm
  • Armrest - Front Centre (Shared)
  • Armrest - Rear Centre (Shared)
  • Audio - Aux Input Socket (Mp3/Cd/Cassette)
  • Audio - Controls On Steering Column
  • Body Colour - Bumpers
  • Body Colour - Exterior Mirrors Partial
  • Body Side Mouldings - Colour Coded
  • Cd Player
  • Central Locking - Remote/Keyless
  • Clock - Digital
  • Cruise Control
  • Cup Holders - 1St Row
  • Disc Brakes Front Ventilated
  • Disc Brakes Rear Solid
  • Ebd (Electronic Brake Force Distribution)
  • Engine Immobiliser
  • Flip/Fold Out Key
  • Fog Lamps - Front
  • Headrests - Adjustable 1St Row (Front)
  • Headrests - Adjustable 2Nd Row X3
  • Illuminated - Entry/Exit With Fade
  • Independent Front Suspension
  • Independent Rear Suspension
  • Intermittent Wipers - Variable
  • Leather Steering Wheel
  • Metallic Finish Instrument Surrounds
  • Power Door Mirrors
  • Power Steering - Electro-Hydraulic
  • Power Windows - Front & Rear
  • Seat - Height Adjustable Driver
  • Seatback Pockets - 1St Row (Front) Seats
  • Seatbelt - Adjustable Height 1St Row
  • Seatbelt - Pretensioners 1St Row (Front)
  • Seatbelts - Lap/Sash For 5 Seats
  • Seats - 2Nd Row Split Fold
  • Spare Wheel - Space Saver/Temporary
  • Sunvisor - Vanity Mirror For Driver
  • Sunvisor - Vanity Mirror For Passenger
  • Tacho
  • Tinted Windows
  • Trip Computer

   
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Supply Region:   World                      
Maximum Order:   1 Unit                      
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