PENNY AUCTION SCAM - YOU HAVE TO PAY TO BID!!! YOU CAN'T SAVE UP TO WHATEVER PERCENT HERE!!! (and QuiBids, don't you dare tell me it's not a scam because it totally is!)
Propriétaire du site
We are proud to inform you that all practices involving QuiBids are in no way a scam. QuiBids passed an independent third-party audit of our integrity and internal controls. The following PDF file explains the audit in full detail: http://www.quibids.com/static/productimages/files/QuiBids_Grant%20Thornton-FINAL%20Report_2011.pdf
QuiBids is also a BBB accredited business and has been since September 22, 2010. We are very proud of our A- rating with the BBB.
I hope this helps provide some clarification! If you have any further questions, please contact email@example.com.
"Penny Auction Website" http://en.wikipedia.org/wiki/Bidding_fee_auction
A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction ends after a period of time, typically ten to twenty seconds, without new bids; the last participant to have placed a bid wins the item and also pays the final bid price, which may be significantly lower than the retail price of the item. The auctioneer makes money in two ways: the fees for each bid and the payment for the winning bid, totalling typically significantly more than the value of the item.
Propriétaire du site
Thank you for taking an interest in QuiBids!
One of the misconceptions when it comes to our site is the assumption that QuiBids margins must be astronomical. Here is a link to a good explanation and a transparent overview regarding this issue: http://www.quibids.com/en/quibids101/blog/7-Does-QuiBids-make-excessive-profit-on-their-auctions
Please let us know if you have any more questions at firstname.lastname@example.org.
Jeeze, people. Read how the site works. Yes, you pay a basic fee to join to get "bids." These bids come out to $0.60 each. Now, you CAREFULLY bid on items you want. Don't get carried away; bid smartly. Once you win an item (easy to do), you pay the additional amount that the bidding reached. Many times, YOU get the item at far below retail, while QuiBids makes a fair amount, too.
Case in point: I recently won a GoPro Hero3 Black Edition camera system. Retail value at GoPro is $400. I bid on it and wound up paying $6.95 for it, in addition to the number of bids I placed. Once that was factored in, the total cost I paid for this camera was about $55. I got the product about a week later, and it was in brand-new condition and works like a charm. To be clear, 695 bids means that QuiBids made $417 on that one auction, and since they probably got the camera at wholesale, they made money too. Everyone's happy.
For you people whining about this site being a scam: Grow the **** up and learn to read. There is absolutely nothing wrong with this company or their sales model. The only thing wrong is you people expecting to get brand-new products for almost nothing. Shut the hell up you freeloaders.
Fake looking auction site, liberally plastered with brand names and bright colours (aimed at pre-schoolers?) Quibids isn't an auction, its a lottery - and a very lucrative one (for them) i.e. you pay per ticket (bid). Ever seen an auction do that? More bids = higher chance of winning. Every bid increases the price by 1p (but costs you £1). So if there are just 400 bids for an ipod, thats £400 revenue for Quibids, and one of those bids gets it for £4 (and everyone else loses their bid money (£1 per bid). The last couple of these I saw were Bidsell Zbiddy Bidooka Biggerbidder Bigdeal Flutteroo Buylowauctions Plundr Swipeauctions Ziinga Bidcactus Quibids Bidbananas bidsauce and Madbid previously as the scam is far from new.
this site is very entertaining. it can be very expensive pass time if you dont watch what you are doing. i have won a few things on this site for cheap, but if you figure what i have spent to what i have won, it is about equal it think. i havent figured it out lately since i just won a few more items. i like quibids a lot, but would love it if they would add more auctions and less items in each auctions. 100+ items in some auctions decrease your chances of winning.
Scam. Scammers will always scam and pretend they are honest !!!
Propriétaire du site
We are proud to inform you that all practices involving QuiBids are in no way illegitimate. QuiBids recently passed an independent third-party audit of our integrity and internal controls. The following PDF file explains the audit in full detail:
QuiBids is also a BBB accredited business and has been since September 22, 2010. We are very proud of our A- rating with the BBB. For more information regarding our BBB accreditation, please follow this link:
Hopefully this helps provide some clarification on this topic. If you would like to contact us personally with any further questions, you can do so by phone at 1-855-QUIBIDS, or by email at email@example.com.
The site is a real site. My friend and I both have won auctions on this site, The winnings range from a gift cards to 55 inch HDTVs, free bids too. The only thing I don't like about the site is the shipping charges you have to pay to get the items won.
Abzockseite mit sogenannten Cent-Auktionen, die optisch niedrige Preise haben, aber statt dessen müssen Gebotsrechte gekauft werden. Rechnet man die Gebotsrechte zusammen, dann werden die Artikel zum 3 bis 4-fachen Ladenpreis verkauft.
I don't understand the poor rating unless people are just expecting too much from the site. It is, after all, a semi-gambling site and, with that, people win, people lose. I have been going to Quibids quite frequently for over a year and have never run into any serious problems, not really even minor ones. I trust the site and feel that it is a safe site with a solid reputation of fairness.
Not sure how anybody could say bad about this site. The shipping is fast, very fast. I highly recommend bidding on only the things that you plan to buy,otherwise you certainly could get hurt. Quibids auction model allows you to buy the product if you don't win, thus applying the cost of bids towards the price. If you are expecting to win on the majority of what you bid on, perhaps you should stick with retail shopping, because it wont happen unless you are Lady Luck :) I like to use the analogy "if there was a local gas station that you could possibly get free gas when you swiped your card, would you not go to that station rather than the others?" Very similar, risk free since, if you don't win, you simply pay retail price, can't loose unless you are wasting bids on things you don't want.