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Thursday, March 24, 2011

Quibids Raises Their Monthly Win Limit is once again giving their customers a greater opportunity to win! They announced this week that the site's win limit will be raised from 8 to 12 wins a month. Win limits were originally put in place to ensure that everyone on the site had an opportunity to win. If win limits were not in place power bidders could bid up and buy up every auction. Win limits help even the playing field for new and mildly experienced bidders. With the win limits slightly raised customers can now bid on and win more items.

How does the increased win limit affect Quibids customers? Even though win limits are put in place to protect customers, the higher win limit would not have an adverse affect on Quibids customers. Quibids offers 15,000+ auctions a day. That is 450,000 auctions a month. Thus, if every customer reached their win limit that would allow 37,500 customers to purchase 12 items a month at a terrific price. Customers are ecstatic!  Several customers were reaching their win limits within the first week or two of the month. Now they can spread their wins and continue to play the entire month. In response to the win limit changes, Quibids CFO, Jeff Geurts said, "We've had a lot of customer feedback to raise the limits, so we're giving our customers exactly what they want."
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