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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 the 'fair price' 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 Deals
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 : $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 Deal price is the 20% maximum Biddiing Price that a bidder will pay.
-  this 20% maximum Bidding Price includes the maximum Cloudfunds that are able to be spent in bidding for any Deal.

When an Deal is bid for and won, the winning Bidder receives the winning bid back in UDC, plus share of the final Buying Price
-  the final Buying Price paid is part of the aggregate demand payments, which are distributed back to the Bidders in the Deal.

Once the monetization is completed, then the Deal is released for Buyers to compete for and buy 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.
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 Cloudfunds that can be spent in this deal's strategy
Kilometres 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 WZX824
Reg Expiry 2012-04-14
VIN AFACXXMJDC8L00072
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

   
Web Site:  
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Maximum Order:   1 Unit                      
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