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

Pointers -
Watch as the FEV Tokens
^ are being 'spent' (shown in red).

These spends are in response to other bidders making their Token 'spends' or 'Bids'
(shown in red)

Once the allocated Tokens are fully spent in any Call, the only way to respond is
'add Bid or be eliminated'

Bids are automatically deducted from a Bidder's QwickP2P account.

Allocating the numbers of Tokens can determine the order in which a strategy is processed  -  if a Bid is added, this can increase the Running Total and reposition the strategy in the next process and Call.

Adding a low quantity of Tokens in early Calls may require Bids to be added  -  this can push the Running Total higher.

The Running Total determines if a Bidder's strategy survives a Call  -  at the end of each Call a % of Bidders get eliminated if they are below the Call's cut-off' threshold.

The number of options a Bidder has only increases the risk of running out of time to add a Bid and get eliminated.

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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.


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
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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