Case Study Of Qutopia Stall Silent Auction

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QUTopia Stall Silent Auction

All businesses in QUTopia MUST buy a stall to participate in the Market Days. Stall purchase will occur via a “buy-it-now” auction. The auction will be held in Week 4, Tuesday 9am - Wednesday 5pm. You have the option of which stall you would like to purchase.

Categories of Stalls

Premium: Offering more exposure to consumers, these sites provide exclusive use of pre-existing bench/counter space and electricity. Powered: These sites have access to electricity and are located along the walls of Z Block providing a back wall to your stall. Facing towards the main market area, these stalls tend to minimise crowding of your area by other stalls.

Non-Powered: Situated in the centre of the market, these stalls do not have electricity or any extra features. It is recommend that only Distribution manager places order to avoid duplication or errors.

How it works

Step 1: Look at the map displaying stall location numbers
Step 2: Decide on your preferred stall All bids must be in increments of $5 and must start at the reserve price e.g. $700, $705, $710 etc. NOT $701, $703 etc.
Step 3: Go to AMB240 Learning Resources on Blackboard and click into the Stall Purchase link in QUTopia Documents for Week 4 between the hours of 9:00am and 5:00pm on the Wednesday in Week 4. The form will not appear before 9.00am or after 5.00pm. When the auction closes at 5.00pm, the stalls will be allocated to the highest bidder for each stall. If the two highest bids are equal, the stall will go to the team who lodged their bid first. Iniitally the bids for All first preferences will be determined first, then
N.B: If business details are not received during these hours businesses will not have a bid lodged for a stall, and will be automatically allocated a stall and fined for not bidding.
Step 4. If you are not successful in gaining one of your preferred stall, you will be randomly allocated a stall from the same category at the reserve price (e.g. powered, non-powered). If you made a bid on a powered or premium stall and these are all sold before the random allocation, you will be allocated a non-powered stall.
Step 5. You will receive an email confirmation by 9am Thursday morning after the auction of your stall purchase. You will need this stall number to register your business online by that Friday.
Please bring your confirmation email and payment to the tutorial in Week 5. Payment must be