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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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In all QwickBid Deals the idea is to set a strategy by placing up to the maximum FEV Tokens*, in any order, in the 5 Stage Call boxes.

Each Deal lists what the Token value will be for that Deal.

Tokens are a unit value
-  adding Tokens in one or all boxes adds value to the Running Total when Tokens are 'spent'.

Strategy is to use zero up to the maximum Tokens permitted for the Deal.

The maximum Tokens that can be added is 75% of the Deal's QwickBid Price  -  the remaining 25% is for Bids if needed.

The QwickBid Deal's Full List Price* is the maximum Buying Price a final Buyer will pay with Price Demand.

QwickFlip and QwickBid operate automatically  -  whenever Tokens are 'spent' in a Call, a Bid is automatically added from a Bidder's QwickP2P account.

Start the Deal Tour

The Tour displays 'snap shots' taken along the 5 Call process!

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
Time Shot Time Shot Time Shot Time Shot Time Shot
Opening 1   $5.00  0 $3.00 $0.00  0 $2.00 $0.00  0 $1.00 $0.00  0 $0.10 $0.00 
$5.00 272 0 $0.00  180 0 $0.00  225 0 $0.00  187 0 $0.00  155 0 $0.00 
05:00:00 No Bid No Bid Required   No Bid Required   No Bid Required   No Bid Required     No Bid Required
Total # of  $2.50  FEV Tokens allocated in your strategy is : 1019 / 1019
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2012 Ford Focus Titanium QwickFlip Deal:  LAC-H89FHW-934NMEE-UJW
     
Opening Call Started:    01 Jan 2017   l   12:00:00 PM Opening Call Check In
Arrow left  Arrow right $5.00 Opening Call Bid
05 : 00 : 00 Time lapsed
You are Safe
Options :  
No Action Required
1   $5.00            
272 0 $0.00            
Running Total:    $5.00
No Bid
  Your Location
  Listed 'Fair' Price : * $16,990.00 * $16,990.00
  Deal Quantity : 1  
  QwickFlip Deal Price : $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
* 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
Listed 'Fair' Price : * $16,990 * Drive Away No More to Pay
Cloudfunds: * Maximum FEV Tokens that can be spent in this deal's strategy
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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